CARU — MAX Auto Industry 3X Leveraged ETN
MAX Auto Industry 3X Leveraged ETN (ticker: CARU) is a equity ETF issued by BMO Financial Group tracking Prime Auto Industry Index - Benchmark TR Net (--300%). It was launched on 2023-06-27.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | 4.52% |
| 1 Week | -5.41% |
| 1 Month | -2.86% |
| 3 Months | -0.55% |
| 6 Months | -29.15% |
| YTD | -23.84% |
| 1 Year | -10.13% |
| 3 Years | — |
| 5 Years | — |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | NA | NA | — |
| 2 | NA | NA | — |
| 3 | NA | NA | — |
| 4 | NA | NA | — |
| 5 | NA | NA | — |
| 6 | NA | NA | — |
| 7 | NA | NA | — |
| 8 | NA | NA | — |
| 9 | NA | NA | — |
| 10 | NA | NA | — |
Fund Profile
| Issuer | BMO Financial Group |
|---|---|
| Brand | Max |
| Asset Class | equity |
| Strategy | Vanilla |
| Structure | ETN |
| Category | Leveraged Equities |
| Segment | Leveraged Equity: U.S. Automobile Manufacturers |
| Sector | Automotive |
| Region | North America |
| Index Tracked | Prime Auto Industry Index - Benchmark TR Net (--300%) |
| Inception Date | 2023-06-27 |
| Tax on Distributions | No distributions |
Quick Facts
| Ticker | CARU |
|---|---|
| Full Name | MAX Auto Industry 3X Leveraged ETN |
| Issuer | BMO Financial Group |
| Asset Class | equity |
| Expense Ratio | 0.01% |
| AUM | $3.84M |
| Inception | 2023-06-27 |
| Index Tracked | Prime Auto Industry Index - Benchmark TR Net (--300%) |
Frequently Asked Questions
What does CARU track?
CARU (MAX Auto Industry 3X Leveraged ETN) tracks Prime Auto Industry Index - Benchmark TR Net (--300%), a equity benchmark.
What is the expense ratio of CARU?
CARU has an expense ratio of 0.01% per year.
What is the AUM of CARU?
CARU has approximately $3.84M in assets under management.
Does CARU pay a dividend?
CARU distributes income according to its prospectus (No distributions tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues CARU?
CARU is issued by BMO Financial Group under the Max brand, launched on 2023-06-27.
Open the interactive CARU dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.