CARU vs. TOGA ETF Comparison
Comparison of Bank Of Montreal MAX Auto Industry 3x Leveraged ETN (CARU) to Managed Portfolio Series Tremblant Global ETF (TOGA)
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
TOGA
Managed Portfolio Series Tremblant Global ETF
TOGA Description
Under normal conditions, the fund will invest: (1) at least 40% (unless market conditions are not deemed favorable, in which case at least 30%) of its net assets in investments that are economically tied to, or located in, countries or regions other than the United States; and (2) in investments that are economically tied to, or located in, at least three different countries, including the United States.Grade (RS Rating)
Last Trade
$30.90
Average Daily Volume
15,442
30
Performance
| Period | CARU | TOGA |
|---|---|---|
| 30 Days | 25.34% | 6.74% |
| 60 Days | 18.09% | 11.97% |
| 90 Days | 5.78% | 16.82% |
| 12 Months | 72.70% |
0 Overlapping Holdings
| Symbol | Grade | Weight in CARU | Weight in TOGA | Overlap |
|---|
CARU Overweight 20 Positions Relative to TOGA
CARU Underweight 30 Positions Relative to TOGA
| Symbol | Grade | Weight | |
|---|---|---|---|
| GRAB | A | -6.37% | |
| SPOT | B | -4.71% | |
| DASH | B | -4.26% | |
| WH | B | -4.14% | |
| TKO | A | -3.83% | |
| FIVN | C | -3.79% | |
| SKX | D | -3.75% | |
| AMZN | C | -3.5% | |
| CHTR | C | -3.47% | |
| MELI | C | -3.42% | |
| DKNG | B | -3.19% | |
| VSCO | C | -3.19% | |
| VRNS | D | -2.96% | |
| CPNG | D | -2.84% | |
| UBER | F | -2.76% | |
| QTWO | A | -2.73% | |
| EVR | B | -2.67% | |
| BIDU | F | -2.62% | |
| CSGP | D | -2.53% | |
| GOOGL | C | -2.52% | |
| PG | C | -2.43% | |
| MTCH | D | -2.21% | |
| EL | F | -2.2% | |
| EMN | C | -2.18% | |
| PANW | B | -2.16% | |
| META | D | -2.14% | |
| PGR | A | -2.06% | |
| NCNO | C | -1.82% | |
| MA | B | -1.75% | |
| V | A | -1.69% |
CARU: Top Represented Industries & Keywords
TOGA: Top Represented Industries & Keywords
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