MNTL vs. CARU ETF Comparison
Comparison of Tema Neuroscience and Mental Health ETF (MNTL) to Bank Of Montreal MAX Auto Industry 3x Leveraged ETN (CARU)
MNTL
Tema Neuroscience and Mental Health ETF
MNTL Description
Under normal circumstances, the Tema Neuroscience and Mental Health ETF seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in neuroscience and mental health companies. A company is generally considered to be a neuroscience or mental health company that derives at least 50% of revenues from neuroscience or neurology-related diseases, or mental health. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$25.32
Average Daily Volume
219
37
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
$26.70
Average Daily Volume
139
20
Performance
| Period | MNTL | CARU |
|---|---|---|
| 30 Days | -7.31% | 24.25% |
| 60 Days | -7.67% | 14.37% |
| 90 Days | -8.32% | 12.53% |
| 12 Months | 68.00% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MNTL | Weight in CARU | Overlap |
|---|
MNTL Overweight 37 Positions Relative to CARU
| Symbol | Grade | Weight | |
|---|---|---|---|
| VRTX | D | 8.52% | |
| LLY | F | 4.89% | |
| REGN | F | 4.53% | |
| ALNY | D | 4.52% | |
| ARGX | A | 4.48% | |
| NBIX | C | 4.14% | |
| CRNX | B | 3.88% | |
| TEVA | C | 3.72% | |
| BIIB | F | 3.57% | |
| SYK | A | 3.08% | |
| MDT | D | 2.9% | |
| IONS | F | 2.66% | |
| ITCI | B | 2.54% | |
| DNLI | D | 2.26% | |
| XENE | D | 2.25% | |
| CPRX | C | 2.22% | |
| RNA | C | 2.14% | |
| DAWN | D | 2.1% | |
| AXSM | B | 1.96% | |
| SRPT | F | 1.88% | |
| JAZZ | B | 1.81% | |
| DXCM | C | 1.8% | |
| ACAD | C | 1.61% | |
| NTLA | F | 1.56% | |
| ALKS | C | 1.47% | |
| IMVT | F | 1.46% | |
| PEN | B | 1.24% | |
| PTCT | B | 1.18% | |
| DYN | D | 1.17% | |
| SRRK | B | 1.09% | |
| PRTA | F | 1.03% | |
| OPCH | F | 0.96% | |
| ACHC | F | 0.88% | |
| VYGR | F | 0.87% | |
| ALEC | F | 0.67% | |
| QTRX | F | 0.57% | |
| ARVN | F | 0.46% |
MNTL Underweight 20 Positions Relative to CARU
MNTL: Top Represented Industries & Keywords
CARU: Top Represented Industries & Keywords
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