EBIZ vs. CARD ETF Comparison
Comparison of Global X E-commerce ETF (EBIZ) to Bank Of Montreal MAX Auto Industry -3x Inverse Leveraged ETN (CARD)
EBIZ
Global X E-commerce ETF
EBIZ Description
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive E-commerce Index. The fund invests at least 80% of its total assets in the securities of the underlying index. The index is designed to provide exposure to exchange-listed companies that are positioned to benefit from the increased adoption of e-commerce as a distribution model, including but not limited to companies whose principal business is in operating e-commerce platforms, providing e-commerce software and services, and/or selling goods and services online. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$27.90
Average Daily Volume
5,033
32
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
$7.92
Average Daily Volume
2,026
20
Performance
Period | EBIZ | CARD |
---|---|---|
30 Days | 4.45% | -25.03% |
60 Days | 9.24% | -20.69% |
90 Days | 15.19% | -22.99% |
12 Months | 46.93% | -70.44% |
1 Overlapping Holdings
Symbol | Grade | Weight in EBIZ | Weight in CARD | Overlap | |
---|---|---|---|---|---|
CVNA | B | 6.19% | 8.54% | 6.19% |
EBIZ Overweight 31 Positions Relative to CARD
Symbol | Grade | Weight | |
---|---|---|---|
SHOP | B | 6.04% | |
SE | A | 5.34% | |
EXPE | B | 4.89% | |
JD | D | 4.83% | |
TCOM | B | 4.77% | |
GDDY | A | 4.54% | |
BKNG | A | 4.41% | |
BABA | D | 4.19% | |
RBA | A | 4.15% | |
EBAY | D | 4.08% | |
MELI | C | 4.03% | |
AMZN | B | 3.86% | |
CSGP | C | 3.53% | |
VIPS | F | 3.41% | |
ETSY | D | 3.13% | |
NTES | C | 2.98% | |
WSM | C | 2.97% | |
PDD | F | 2.94% | |
GLBE | B | 2.79% | |
W | D | 2.49% | |
ACVA | A | 2.22% | |
TRIP | F | 1.06% | |
SSTK | F | 0.58% | |
TREE | F | 0.47% | |
LQDT | B | 0.41% | |
BIGC | C | 0.3% | |
JMIA | F | 0.27% | |
VTEX | F | 0.25% | |
ANGI | F | 0.25% | |
GRPN | F | 0.18% | |
QRTEA | F | 0.16% |
EBIZ Underweight 19 Positions Relative to CARD
EBIZ: Top Represented Industries & Keywords
CARD: Top Represented Industries & Keywords