CARU vs. GRPM ETF Comparison
Comparison of Bank Of Montreal MAX Auto Industry 3x Leveraged ETN (CARU) to Invesco S&P MidCap 400? GARP ETF (GRPM)
CARU
Bank Of Montreal MAX Auto Industry 3x Leveraged ETN
CARU Description
CARU is an aggressive and bullish one-day bet on the US auto industry. The fund provides 3x daily leveraged exposure to a modified liquidity-weighted index that includes firms engaged in automobile manufacturing, automobile parts and retail, and car dealing. The index defines the industries based on the North American Industry Classification System (NAICS) and selects US-listed equities, excluding ETPs. The fund gains its international exposure through the use of ADRs, but will specifically exclude issuers organized in Canada or China. As a geared product, CARU is designed as a short-term trading tool and not a long-term investment vehicle. Long-term returns could materially differ from those of the index due to daily compounding. Since the fund uses an ETN structure, investors assume the credit risk of the issuer.
Grade (RS Rating)
Last Trade
$26.83
Average Daily Volume
157
20
GRPM
Invesco S&P MidCap 400? GARP ETF
GRPM Description
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is designed to track the performance of the top 60 growth stocks in the S&P MidCap 400® Index with relatively high quality and value composite scores, which are computed pursuant to the index methodology.Grade (RS Rating)
Last Trade
$122.23
Average Daily Volume
31,410
60
Performance
| Period | CARU | GRPM |
|---|---|---|
| 30 Days | 25.34% | 5.48% |
| 60 Days | 18.09% | 4.71% |
| 90 Days | 5.78% | 3.48% |
| 12 Months | 72.70% | 35.73% |
CARU Underweight 57 Positions Relative to GRPM
| Symbol | Grade | Weight | |
|---|---|---|---|
| LNTH | D | -2.88% | |
| ROIV | C | -2.85% | |
| AAON | B | -2.83% | |
| HWC | B | -2.63% | |
| KNSL | B | -2.43% | |
| BYD | B | -2.41% | |
| TXRH | B | -2.33% | |
| AIT | B | -2.31% | |
| MTDR | B | -2.23% | |
| CNX | A | -2.19% | |
| MUSA | B | -2.14% | |
| EME | A | -1.93% | |
| CHRD | D | -1.9% | |
| AVT | C | -1.86% | |
| TEX | F | -1.86% | |
| FIX | A | -1.84% | |
| RMBS | B | -1.83% | |
| OZK | B | -1.82% | |
| EWBC | A | -1.81% | |
| CVLT | B | -1.76% | |
| HOG | D | -1.75% | |
| CIVI | D | -1.73% | |
| TOL | B | -1.7% | |
| RS | B | -1.67% | |
| RNR | C | -1.63% | |
| OC | A | -1.6% | |
| DINO | D | -1.6% | |
| IBOC | B | -1.56% | |
| DAR | C | -1.54% | |
| VAL | F | -1.53% | |
| CMC | B | -1.45% | |
| EXP | B | -1.45% | |
| CROX | D | -1.44% | |
| MEDP | D | -1.42% | |
| VC | F | -1.41% | |
| KBH | D | -1.38% | |
| TMHC | C | -1.38% | |
| SSD | F | -1.37% | |
| MANH | D | -1.36% | |
| LECO | C | -1.33% | |
| CELH | F | -1.33% | |
| LOPE | C | -1.32% | |
| CBT | D | -1.32% | |
| PBF | D | -1.32% | |
| NFG | A | -1.31% | |
| SAIA | B | -1.31% | |
| OVV | B | -1.3% | |
| BLD | D | -1.29% | |
| AMG | B | -1.28% | |
| LSCC | D | -1.26% | |
| QLYS | B | -1.14% | |
| PII | F | -1.08% | |
| MUR | D | -1.06% | |
| AGCO | D | -1.03% | |
| RRC | B | -1.0% | |
| PVH | C | -0.98% | |
| ARW | D | -0.95% |
CARU: Top Represented Industries & Keywords
GRPM: Top Represented Industries & Keywords
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