CARU vs. RDIV ETF Comparison
Comparison of Bank Of Montreal MAX Auto Industry 3x Leveraged ETN (CARU) to RevenueShares Ultra Dividend Fund (RDIV)
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
20
RDIV
RevenueShares Ultra Dividend Fund
RDIV Description
The investment seeks to outperform the total return performance of the S&P 900® Index, the fund's benchmark index (the "benchmark index"). The fund will invest at least 80% of its net assets in the securities of companies included in the benchmark index. The index is constructed by identifying the top 60 securities from the benchmark index with the highest average of the 1-year trailing dividend yields for the current quarter and each of the past three quarters, which are then re-weighted according to the revenue earned by the companies, subject to certain asset diversification requirements and a maximum 5% per company weighting. The fund is non-diversified.Grade (RS Rating)
Last Trade
$52.23
Average Daily Volume
32,510
60
Performance
| Period | CARU | RDIV |
|---|---|---|
| 30 Days | 38.43% | 3.73% |
| 60 Days | 28.09% | 5.45% |
| 90 Days | 14.74% | 7.80% |
| 12 Months | 87.33% | 39.99% |
1 Overlapping Holdings
| Symbol | Grade | Weight in CARU | Weight in RDIV | Overlap | |
|---|---|---|---|---|---|
| F | C | 10.52% | 4.9% | 4.9% |
CARU Underweight 59 Positions Relative to RDIV
| Symbol | Grade | Weight | |
|---|---|---|---|
| BMY | B | -5.27% | |
| CVX | A | -5.25% | |
| USB | A | -5.13% | |
| PRU | A | -5.02% | |
| PM | B | -4.87% | |
| DUK | C | -4.69% | |
| BBY | D | -4.65% | |
| KHC | F | -4.36% | |
| IP | B | -4.21% | |
| EXC | C | -4.19% | |
| VTRS | A | -3.29% | |
| CFG | B | -2.66% | |
| HBAN | A | -2.54% | |
| ETR | B | -2.5% | |
| AMCR | D | -2.39% | |
| FE | C | -2.38% | |
| WMB | A | -2.15% | |
| CAG | D | -2.07% | |
| ES | D | -2.01% | |
| RF | A | -1.95% | |
| IPG | D | -1.92% | |
| BEN | C | -1.7% | |
| TROW | B | -1.38% | |
| SPG | B | -1.16% | |
| FHN | A | -1.13% | |
| EVRG | A | -1.12% | |
| CC | C | -1.12% | |
| IVZ | B | -1.09% | |
| FLO | D | -0.96% | |
| PNW | B | -0.95% | |
| TNL | A | -0.82% | |
| HAS | D | -0.81% | |
| EXR | D | -0.59% | |
| OGE | B | -0.56% | |
| EQR | B | -0.54% | |
| POR | C | -0.54% | |
| SR | A | -0.52% | |
| PK | B | -0.52% | |
| JHG | A | -0.49% | |
| ASB | B | -0.48% | |
| CRI | D | -0.44% | |
| MAA | B | -0.42% | |
| BKH | A | -0.42% | |
| LAMR | D | -0.39% | |
| KIM | A | -0.38% | |
| UBSI | B | -0.34% | |
| ALE | A | -0.29% | |
| REG | B | -0.28% | |
| NWE | B | -0.28% | |
| BRX | A | -0.25% | |
| FRT | B | -0.22% | |
| DTM | B | -0.21% | |
| CUBE | D | -0.2% | |
| PCH | D | -0.2% | |
| KRG | B | -0.16% | |
| NNN | D | -0.15% | |
| CUZ | B | -0.15% | |
| CDP | C | -0.13% | |
| ADC | B | -0.11% |
CARU: Top Represented Industries & Keywords
RDIV: Top Represented Industries & Keywords
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