CARU vs. SHOC ETF Comparison
Comparison of Bank Of Montreal MAX Auto Industry 3x Leveraged ETN (CARU) to Strive U.S. Semiconductor ETF (SHOC)
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
SHOC
Strive U.S. Semiconductor ETF
SHOC Description
Strive U.S. Semiconductor ETF is an exchange traded fund launched and managed by Empowered Funds, LLC. The fund is co-managed by Strive Asset Management, LLC. It invests in public equity markets of the United States. It invests in stocks of companies operating across information technology, semiconductors and semiconductor equipment sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Solactive United States Semiconductors 30 Capped Index, by using full replication technique. Strive U.S. Semiconductor ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$46.14
Average Daily Volume
25,504
28
Performance
| Period | CARU | SHOC |
|---|---|---|
| 30 Days | 25.34% | -1.52% |
| 60 Days | 18.09% | 2.32% |
| 90 Days | 5.78% | -3.80% |
| 12 Months | 72.70% | 31.96% |
0 Overlapping Holdings
| Symbol | Grade | Weight in CARU | Weight in SHOC | Overlap |
|---|
CARU Overweight 20 Positions Relative to SHOC
CARU Underweight 28 Positions Relative to SHOC
| Symbol | Grade | Weight | |
|---|---|---|---|
| NVDA | B | -26.39% | |
| ASML | F | -9.11% | |
| AMD | F | -7.83% | |
| AVGO | D | -4.81% | |
| TXN | C | -4.81% | |
| MU | D | -4.33% | |
| ADI | D | -4.25% | |
| INTC | C | -3.99% | |
| AMAT | F | -3.93% | |
| LRCX | F | -3.78% | |
| KLAC | F | -3.42% | |
| CDNS | B | -3.29% | |
| SNPS | B | -3.29% | |
| MRVL | B | -3.14% | |
| QCOM | F | -2.51% | |
| MCHP | F | -1.41% | |
| ON | D | -1.16% | |
| MPWR | F | -1.14% | |
| KEYS | A | -1.08% | |
| TER | F | -0.7% | |
| STM | F | -0.66% | |
| ARM | F | -0.66% | |
| ENTG | D | -0.61% | |
| DD | C | -0.42% | |
| MKSI | C | -0.3% | |
| LSCC | D | -0.28% | |
| RMBS | B | -0.23% | |
| ST | F | -0.19% |
CARU: Top Represented Industries & Keywords
SHOC: Top Represented Industries & Keywords
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