FORH vs. CARU ETF Comparison

Comparison of Formidable ETF (FORH) to Bank Of Montreal MAX Auto Industry 3x Leveraged ETN (CARU)

FORH

Formidable ETF

FORH Description

ETF Opportunities Trust - Formidable ETF is an exchange traded fund launched by ETF Opportunities Trust. The fund is co-managed by Formidable Asset Management, LLC and Toroso Asset Management. It invests in the public equity markets across the globe. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies operating across diversified market capitalization. The fund employs fundamental and quantitative analysis with bottom-up and top-down stock picking approach to create its portfolio. It employs internal and external research to create its portfolio. ETF Opportunities Trust - Formidable ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$22.69

Average Daily Volume

1,306

Number of Holdings ^*

* 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

$29.10

Average Daily Volume

157

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FORH	CARU
30 Days	-3.09%	38.43%
60 Days	-0.42%	28.09%
90 Days	-0.59%	14.74%
12 Months	6.38%	87.33%

0 Overlapping Holdings

	Symbol	Grade	Weight in FORH	Weight in CARU	Overlap

FORH Overweight 22 Positions Relative to CARU

Symbol	Grade	Weight
ACTG	D	8.66%
MO	A	6.43%
FLUX	F	4.9%
ET	A	4.77%
BTI	B	4.2%
ARLP	A	3.81%
BABA	D	3.39%
JD	D	3.24%
RPRX	D	3.13%
NEM	D	2.74%
PYPL	B	2.73%
AMT	D	2.58%
HES	B	2.12%
UEC	B	1.9%
NEP	F	1.86%
JNPR	F	1.68%
VALE	F	1.54%
VKTX	F	1.2%
CTMX	F	1.14%
NVDA	C	1.14%
VRT	B	1.09%
BCAB	F	0.79%

FORH Underweight 20 Positions Relative to CARU

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: Top Represented Industries & Keywords

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