RTH vs. CARU ETF Comparison

Comparison of Market Vectors Retail ETF (RTH) to Bank Of Montreal MAX Auto Industry 3x Leveraged ETN (CARU)

RTH

Market Vectors Retail ETF

RTH Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors US Listed Retail 25 Index (the "Retail Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Retail Index is comprised of common stocks and depositary receipts of U.S. exchange-listed companies in the retail industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a U.S. exchange. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$221.30

Average Daily Volume

2,680

Number of Holdings ^*

25

* 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

$25.99

Average Daily Volume

139

Number of Holdings ^*

20

* may have additional holdings in another (foreign) market

Performance

Period	RTH	CARU
30 Days	1.08%	24.25%
60 Days	3.75%	14.37%
90 Days	5.85%	12.53%
12 Months	26.82%	68.00%

2 Overlapping Holdings

	Symbol	Grade	Weight in RTH	Weight in CARU	Overlap
	AZO	C	3.22%	8.54%	3.22%
	ORLY	B	4.58%	8.54%	4.58%

RTH Overweight 23 Positions Relative to CARU

	Symbol	Grade	Weight
	AMZN	B	21.19%
	COST	A	8.47%
	WMT	A	8.36%
	HD	C	7.74%
	LOW	C	5.05%
	MCK	A	4.97%
	TJX	A	4.23%
	CVS	D	4.09%
	TGT	F	3.96%
	JD	D	3.9%
	ROST	D	2.89%
	KR	B	2.53%
	COR	B	2.52%
	SYY	D	2.48%
	LULU	C	2.15%
	CAH	B	1.68%
	TSCO	D	1.65%
	ULTA	F	1.13%
	BBY	D	1.01%
	DG	F	0.75%
	DLTR	F	0.68%
	WBA	F	0.4%
	BBWI	C	0.36%

RTH Underweight 18 Positions Relative to CARU

	Symbol	Grade	Weight
	TSLA	B	-11.83%
	F	C	-10.52%
	GM	B	-10.14%
	RIVN	F	-8.97%
	CVNA	B	-8.54%
	KMX	C	-4.15%
	GPC	F	-4.01%
	STLA	F	-3.91%
	LCID	F	-3.47%
	AAP	D	-3.0%
	LAD	B	-2.29%
	AN	D	-1.91%
	TM	F	-1.91%
	ABG	B	-1.31%
	GPI	B	-1.26%
	FSS	B	-0.91%
	PAG	C	-0.87%
	HMC	F	-0.78%

RTH: Top Represented Industries & Keywords

Industries: Specialty Retail Discount Stores Apparel Stores Medical Distribution Home Improvement Stores Food Distribution Grocery Stores Health Care Plans Pharmaceutical Retailers

Keywords: S&P 500 Nasdaq 100 Retailing Electronics Office Supplies Retail Store Retailers Bakery Batteries Candy Clothing Dow Jones Component Home Furnishings Online Retail Private Label Products Alcohol Alternator Antifreeze Automotive Accessories Automotive Products

CARU: Top Represented Industries & Keywords

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

Keywords: Transport Cars S&P 500 Automotive Industry Automotive Products Motor Vehicles Automotive Retail Nasdaq 100 Used Car Vehicle Maintenance Alternator Antifreeze Auto Parts Automotive Aftermarket Automotive Retailer Batteries Car Dealership Chassis Electric Vehicle Paint