BCHP vs. CARD ETF Comparison

Comparison of Principal Focused Blue Chip ETF (BCHP) to Bank Of Montreal MAX Auto Industry -3x Inverse Leveraged ETN (CARD)

BCHP

Principal Focused Blue Chip ETF

BCHP Description

Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies with large market capitalizations at the time of purchase that, in the opinion of Principal Global Investors, LLC ("PGI"), the fund"s investment advisor, display characteristics of a "blue chip" company. Blue chip companies are firms that, in PGI"s view, are well established in their industries and have the potential for growth of capital and an expectation for above-average earnings. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.98

Average Daily Volume

5,897

Number of Holdings ^*

* 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

$7.95

Average Daily Volume

2,026

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BCHP	CARD
30 Days	2.47%	-25.03%
60 Days	2.63%	-20.69%
90 Days	6.70%	-22.99%
12 Months	25.20%	-70.44%

1 Overlapping Holdings

	Symbol	Grade	Weight in BCHP	Weight in CARD	Overlap
	ORLY	B	2.39%	8.54%	2.39%

BCHP Overweight 21 Positions Relative to CARD

Symbol	Grade	Weight
MSFT	D	13.49%
AMZN	B	11.66%
GOOG	B	11.03%
MA	B	7.07%
TDG	D	4.9%
PGR	B	4.88%
V	A	4.79%
DHR	D	4.47%
INTU	B	3.69%
ADBE	D	3.24%
NFLX	A	3.18%
HLT	A	3.0%
CSGP	C	2.67%
ROP	C	2.57%
ZTS	D	2.35%
TMO	D	2.27%
SCHW	A	2.13%
CPRT	B	2.07%
CDNS	B	1.91%
AMT	D	1.0%
APH	B	0.0%

BCHP Underweight 19 Positions Relative to CARD

Symbol	Grade	Weight
TSLA	B	-11.83%
F	C	-10.52%
GM	B	-10.14%
RIVN	F	-8.97%
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%

CARD: Top Represented Industries & Keywords

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