CHIQ vs. CARD ETF Comparison

Comparison of Global X China Consumer ETF (CHIQ) to Bank Of Montreal MAX Auto Industry -3x Inverse Leveraged ETN (CARD)

CHIQ

Global X China Consumer ETF

CHIQ Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive China Consumer Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index is designed to measure the equity performance of the investable universe of companies in the consumer sector of the Chinese economy, as defined by Structured Solutions AG. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$20.63

Average Daily Volume

112,198

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

CARD

Bank Of Montreal MAX Auto Industry -3x Inverse Leveraged ETN

CARD Description

CARD makes a big and bearish one-day bet against the US auto industry. The fund provides 3x daily inverse 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, CARD 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

$10.20

Average Daily Volume

2,182

Number of Holdings ^*

20

* may have additional holdings in another (foreign) market

Performance

Period	CHIQ	CARD
30 Days	-8.07%	-1.78%
60 Days	26.64%	5.59%
90 Days	30.90%	-14.00%
12 Months	20.44%	-70.19%

0 Overlapping Holdings

	Symbol	Grade	Weight in CHIQ	Weight in CARD	Overlap

CHIQ Overweight 10 Positions Relative to CARD

	Symbol	Grade	Weight
	PDD	C	9.1%
	BABA	B	8.11%
	TCOM	A	4.73%
	YUMC	A	3.22%
	LI	C	3.2%
	HTHT	B	1.94%
	XPEV	B	1.7%
	NIO	D	1.61%
	VIPS	B	1.44%
	TAL	A	1.39%

CHIQ Underweight 20 Positions Relative to CARD

	Symbol	Grade	Weight
	TSLA	A	-11.83%
	F	D	-10.52%
	GM	B	-10.14%
	RIVN	F	-8.97%
	ORLY	C	-8.54%
	CVNA	A	-8.54%
	AZO	C	-8.54%
	KMX	F	-4.15%
	GPC	F	-4.01%
	STLA	F	-3.91%
	LCID	F	-3.47%
	AAP	F	-3.0%
	LAD	A	-2.29%
	AN	F	-1.91%
	TM	D	-1.91%
	ABG	D	-1.31%
	GPI	C	-1.26%
	FSS	F	-0.91%
	PAG	F	-0.87%
	HMC	F	-0.78%

CHIQ: Top Represented Industries & Keywords

Industries: Auto Manufacturers Specialty Retail Education & Training Services Leisure Lodging Restaurants

Keywords: Electric Vehicle Transport Cars E-Commerce Motor Vehicles Nasdaq 100 Advertising Inventory Advertising Services Airline Tickets Artificial Intelligence Automotive Manufacturers Biology Business Economics Cloud Computing Computing Platform Consumer Behaviour Consumer Marketplace Corporate Travel Management Data Management Platform Database Services

CARD: Top Represented Industries & Keywords

Industries: Auto Manufacturers Auto & Truck Dealerships Specialty Retail Pollution & Treatment Controls

Keywords: Transport Cars S&P 500 Automotive Industry Automotive Products Motor Vehicles Automotive Retail Nasdaq 100 Used Car Vehicle Maintenance Alternator Antifreeze Auto Parts Automotive Aftermarket Automotive Retailer Batteries Car Dealership Chassis Electric Vehicle Paint