CARU vs. HERO ETF Comparison

Comparison of Bank Of Montreal MAX Auto Industry 3x Leveraged ETN (CARU) to Global X Video Games & Esports ETF (HERO)

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

$29.10

Average Daily Volume

157

Number of Holdings ^*

* may have additional holdings in another (foreign) market

HERO

Global X Video Games & Esports ETF

HERO Description

The Global X Video Games & Esports ETF (HERO) seeks to invest in companies that develop or publish video games, facilitate the streaming and distribution of video gaming or esports content, own and operate within competitive esports leagues, or produce hardware used in video games and esports, including augmented and virtual reality.

Grade (RS Rating)

Last Trade

$23.69

Average Daily Volume

50,656

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CARU	HERO
30 Days	38.43%	3.95%
60 Days	28.09%	3.45%
90 Days	14.74%	3.27%
12 Months	87.33%	18.98%

0 Overlapping Holdings

	Symbol	Grade	Weight in CARU	Weight in HERO	Overlap

CARU Overweight 20 Positions Relative to HERO

Symbol	Grade	Weight
TSLA	B	11.83%
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	B	4.15%
GPC	D	4.01%
STLA	F	3.91%
LCID	F	3.47%
AAP	C	3.0%
LAD	A	2.29%
AN	C	1.91%
TM	D	1.91%
ABG	B	1.31%
GPI	A	1.26%
FSS	B	0.91%
PAG	B	0.87%
HMC	F	0.78%

CARU Underweight 13 Positions Relative to HERO

Symbol	Grade	Weight
RBLX	C	-7.59%
TTWO	A	-7.29%
EA	A	-6.68%
NTES	D	-5.55%
BILI	D	-5.46%
U	C	-5.29%
ACEL	C	-0.75%
PLTK	B	-0.74%
GRVY	C	-0.59%
DOYU	C	-0.4%
CRSR	C	-0.39%
HUYA	F	-0.31%
HEAR	C	-0.28%

CARU: Top Represented Industries & Keywords

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