EQTY vs. CARU ETF Comparison
Comparison of Kovitz Core Equity ETF (EQTY) to Bank Of Montreal MAX Auto Industry 3x Leveraged ETN (CARU)
EQTY
Kovitz Core Equity ETF
EQTY Description
The Kovitz Core Equity ETF seeks long-term capital appreciation. Through our fundamental, research-driven process, we strive to build diversified portfolios of equity investments through the purchase of competitively advantaged and financially strong companies at prices substantially less than our estimate of their intrinsic values.
Grade (RS Rating)
Last Trade
$24.07
Average Daily Volume
36,780
Number of Holdings
*
38
* 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
$26.63
Average Daily Volume
117
Number of Holdings
*
20
* may have additional holdings in another (foreign) market
Performance
| Period | EQTY | CARU |
|---|---|---|
| 30 Days | 1.86% | 26.28% |
| 60 Days | 7.27% | 20.90% |
| 90 Days | 8.67% | 15.54% |
| 12 Months | 29.27% | 50.75% |
1 Overlapping Holdings
| Symbol | Grade | Weight in EQTY | Weight in CARU | Overlap | |
|---|---|---|---|---|---|
| KMX | B | 3.27% | 4.15% | 3.27% |
EQTY Overweight 37 Positions Relative to CARU
| Symbol | Grade | Weight | |
|---|---|---|---|
| META | B | 4.91% | |
| AMZN | A | 4.76% | |
| SCHW | B | 4.26% | |
| GOOG | C | 4.24% | |
| KEYS | C | 4.21% | |
| BDX | F | 3.97% | |
| V | A | 3.73% | |
| J | D | 3.67% | |
| PM | B | 3.61% | |
| CRM | B | 3.51% | |
| ICE | C | 3.38% | |
| FI | A | 3.14% | |
| LOW | B | 3.1% | |
| BRK.A | B | 3.1% | |
| PCAR | B | 3.05% | |
| AXP | B | 2.99% | |
| ORCL | A | 2.94% | |
| AON | B | 2.93% | |
| JPM | A | 2.5% | |
| PPG | F | 2.4% | |
| ANET | C | 2.05% | |
| MSI | B | 1.97% | |
| AAPL | C | 1.88% | |
| ADI | D | 1.85% | |
| DLTR | F | 1.79% | |
| DEO | F | 1.75% | |
| AMAT | F | 1.73% | |
| HAS | D | 1.08% | |
| AMD | F | 1.01% | |
| HAYW | B | 0.66% | |
| GOOGL | C | 0.5% | |
| MSFT | C | 0.24% | |
| SYK | A | 0.13% | |
| GGG | B | 0.1% | |
| VRSK | A | 0.08% | |
| ABT | C | 0.06% | |
| EFX | F | 0.06% |
EQTY Underweight 19 Positions Relative to CARU
EQTY: Top Represented Industries & Keywords
Industries:
Business Services
Internet Content & Information
Credit Services
Medical Devices
Semiconductors
Software - Infrastructure
Auto & Truck Dealerships
Banks - Global
Beverages - Wineries & Distilleries
Capital Markets
Communication Equipment
Computer Systems
Consumer Electronics
Discount Stores
Diversified Industrials
Electrical Equipment & Parts
Engineering & Construction
Financial Data & Stock Exchanges
Home Improvement Stores
Insurance - Diversified
CARU: Top Represented Industries & Keywords
Compare ETFs
