MAX Auto Industry 3X Leveraged ETN (CARU)
| Assets | $4.39M |
| Expense Ratio | 0.95% |
| PE Ratio | n/a |
| Shares Out | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 229 |
| Open | 26.38 |
| Previous Close | 27.88 |
| Day's Range | 26.38 - 26.61 |
| 52-Week Low | 14.01 |
| 52-Week High | 35.49 |
| Beta | n/a |
| Holdings | 23 |
| Inception Date | Jun 27, 2023 |
About CARU
Fund Home PageThe MAX Auto Industry 3X Leveraged ETN (CARU) is an exchange-traded fund that is based on the Prime Auto Industry index. The fund is an exchange-traded note that tracks 3x the daily price movements of an index consisting of US-listed companies in the broader auto industry ecosystem. The index selects equities by market-cap and weights the resulting portfolio by liquidity. CARU was launched on Jun 27, 2023 and is issued by Max.
Top 10 Holdings
77.21% of assets| Name | Symbol | Weight |
|---|---|---|
| Ford Motor Company | F | 12.78% |
| Carvana Co. | CVNA | 12.28% |
| Tesla, Inc. | TSLA | 11.18% |
| General Motors Company | GM | 7.84% |
| O'Reilly Automotive, Inc. | ORLY | 6.39% |
| AutoZone, Inc. | AZO | 6.34% |
| Rivian Automotive, Inc. | RIVN | 6.00% |
| Lucid Group, Inc. | LCID | 5.79% |
| CarMax, Inc. | KMX | 4.50% |
| Ferrari N.V. | RACE | 4.12% |
Performance
CARU had a total return of 6.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.98%.
News
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