CARD vs. WBIG ETF Comparison
Comparison of Bank Of Montreal MAX Auto Industry -3x Inverse Leveraged ETN (CARD) to WBI Large Cap Tactical Yield Shares (WBIG)
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
$7.45
Average Daily Volume
1,947
20
WBIG
WBI Large Cap Tactical Yield Shares
WBIG Description
The investment seeks long-term capital appreciation and the potential for current income, while also seeking to protect principal during unfavorable market conditions. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the dividend-paying equity securities of large capitalization domestic and foreign companies which WBI Investments, Inc., the sub-advisor to the fund and an affiliate of Millington Securities Inc., the advisor, believes display attractive dividend payment prospects, and up to 20% of its net assets in other tactical investment opportunities.Grade (RS Rating)
Last Trade
$24.95
Average Daily Volume
2,301
43
Performance
| Period | CARD | WBIG |
|---|---|---|
| 30 Days | -29.49% | 0.32% |
| 60 Days | -30.26% | 3.03% |
| 90 Days | -31.19% | 5.24% |
| 12 Months | -70.26% | 16.74% |
1 Overlapping Holdings
| Symbol | Grade | Weight in CARD | Weight in WBIG | Overlap | |
|---|---|---|---|---|---|
| F | C | 10.52% | 4.65% | 4.65% |
CARD Underweight 42 Positions Relative to WBIG
| Symbol | Grade | Weight | |
|---|---|---|---|
| CHRD | F | -4.76% | |
| WRB | B | -4.71% | |
| BDX | D | -4.7% | |
| BMY | B | -4.64% | |
| TROW | B | -4.64% | |
| T | A | -4.56% | |
| PFE | F | -4.5% | |
| NEU | C | -4.09% | |
| JEPQ | A | -3.94% | |
| MMC | C | -3.08% | |
| PM | C | -2.39% | |
| AGZD | A | -2.12% | |
| FLTR | A | -2.11% | |
| FALN | A | -2.09% | |
| FTSL | A | -1.92% | |
| STIP | C | -1.52% | |
| UNM | A | -1.44% | |
| GILD | C | -1.42% | |
| TSN | C | -1.3% | |
| MDT | D | -1.3% | |
| VOYA | B | -1.29% | |
| JNJ | D | -1.27% | |
| RGA | A | -1.24% | |
| CINF | A | -1.23% | |
| HPE | B | -1.17% | |
| FANG | D | -1.15% | |
| CI | D | -1.11% | |
| RTX | C | -1.11% | |
| SYY | B | -1.1% | |
| CMS | C | -1.08% | |
| OKE | A | -0.89% | |
| BKLN | A | -0.89% | |
| MCK | A | -0.63% | |
| V | A | -0.62% | |
| AME | A | -0.61% | |
| AXP | B | -0.6% | |
| PAYX | B | -0.56% | |
| DFS | B | -0.55% | |
| PH | A | -0.54% | |
| LRCX | F | -0.53% | |
| BR | A | -0.52% | |
| RMD | C | -0.51% |
CARD: Top Represented Industries & Keywords
WBIG: Top Represented Industries & Keywords
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