TSLT vs. CARU ETF Comparison

Comparison of T-REX 2X Long Tesla Daily Target ETF (TSLT) to Bank Of Montreal MAX Auto Industry 3x Leveraged ETN (CARU)

TSLT

T-REX 2X Long Tesla Daily Target ETF

TSLT Description

The fund, under normal circumstances, invests in swap agreements that provide 200% daily exposure to TSLA equal to at least 80% of its net assets (plus any borrowings for investment purposes). The fund will enter into one or more swap agreements with major global financial institutions whereby the fund and the global financial institution will agree to exchange the return earned on an investment by the fund in TSLA that is equal, on a daily basis, to 200% of the value of the fund"s net assets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.74

Average Daily Volume

6,045,396

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$26.70

Average Daily Volume

139

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TSLT	CARU
30 Days	122.76%	24.25%
60 Days	81.92%	14.37%
90 Days	123.79%	12.53%
12 Months	21.33%	68.00%

1 Overlapping Holdings

	Symbol	Grade	Weight in TSLT	Weight in CARU	Overlap
	TSLA	B	97.97%	11.83%	11.83%

TSLT Overweight 0 Positions Relative to CARU

	Symbol	Grade	Weight

TSLT Underweight 19 Positions Relative to CARU

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

TSLT: Top Represented Industries & Keywords

Industries: Auto Manufacturers

Keywords: Automotive Manufacturers Cars Charging Station Electric Vehicle Motor Vehicles Nasdaq 100 Powertrain Powertrain Systems S&P 500 Transport

CARU: Top Represented Industries & Keywords

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