Max Auto Industry 3X Leveraged ETN (CARU)
20.14
-1.33
(-6.21%)
USD |
NYSEARCA |
May 07, 16:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.95% | 0.34% | 3.211M | 289.70 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 0.00% | -- | -- | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks return on the notes is linked to a three times leveraged participation in the daily performance of the Prime Auto Industry Index. The index is a net total return index that tracks the stock prices of U.S.-listed companies that have operations relating to the automobile industry, including automobile manufacturing, parts and retail, and new and used car dealers. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Miscellaneous |
| Broad Category | Miscellaneous |
| Category Name | Trading--Leveraged Equity |
| Category Index | -- |
| Global Category Name | Trading Tools |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | Specialty - Unaligned |
| Fund Owner Firm Name | Bank of Montreal |
| Prospectus Benchmark Index | |
| Prime Auto Industry NR USD | 300.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| No Manager | 0.85 yrs |
Performance Versus Category
As of May 07, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 07, 2024.
Asset Allocation
| Type | % Net | % Long | % Short |
|---|---|---|---|
| Cash | -- | -- | -- |
| Stock | -- | -- | -- |
| Bond | -- | -- | -- |
| Convertible | -- | -- | -- |
| Preferred | -- | -- | -- |
| Other | -- | -- | -- |
Basic Info
| Investment Strategy | |
| The investment seeks return on the notes is linked to a three times leveraged participation in the daily performance of the Prime Auto Industry Index. The index is a net total return index that tracks the stock prices of U.S.-listed companies that have operations relating to the automobile industry, including automobile manufacturing, parts and retail, and new and used car dealers. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Miscellaneous |
| Broad Category | Miscellaneous |
| Category Name | Trading--Leveraged Equity |
| Category Index | -- |
| Global Category Name | Trading Tools |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | Specialty - Unaligned |
| Fund Owner Firm Name | Bank of Montreal |
| Prospectus Benchmark Index | |
| Prime Auto Industry NR USD | 300.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| No Manager | 0.85 yrs |