NYSEARCA:CARU

MAX Auto Industry 3x Leveraged ETN (CARU) Price, Holdings, & News

$19.81
-0.33 (-1.64%)
(As of 05/8/2024 ET)
Today's Range
$19.81
$19.81
50-Day Range
$15.77
$23.54
52-Week Range
$13.15
$40.00
Volume
34 shs
Average Volume
345 shs
Market Capitalization
$14.45 billion
Assets Under Management
$3.21 million
Dividend Yield
N/A
Net Expense Ratio
0.95%

About MAX Auto Industry 3x Leveraged ETN

The 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 30, 2023 and is issued by Max.

CARU Stock Price History

CARU ETF News Headlines

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Fund Details

Issuer
Bank of Montreal
Fund Name
MAX Auto Industry 3x Leveraged ETN
Tax Classification
Exchange-Traded Note
Current Symbol
NYSEARCA:CARU
Inception Date
6/27/2023
Fund Manager
N/A
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
Prime Auto Industry Index
Category
Sector
Focus
Consumer Discretionary
Development Level
Blended Development
Region
Global
Number of Holdings
0

Fund Statistics

Assets Under Management
$3.21 million
Average Daily Volume
$0.00
Discount/Premium
0.07%
Leveraged
3.00

Administrator, Advisor and Custodian

Administrator
N/A
Advisor
Bank of Montreal
Custodian
N/A
Distributor
N/A
Transfer Agent
N/A
Trustee
N/A
Lead Market Maker
Old Mission

Miscellaneous

Beta
4.69
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MAX Auto Industry 3x Leveraged ETN Expenses

TypeCARUConsumer Discretionary ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.95%0.52%0.54%0.51%0.51%
Other Expenses0.00%0.55%0.54%0.64%0.58%
Total Expense0.95%0.75%0.70%0.74%0.70%
Fee Waiver0.00%-0.89%-0.55%-0.68%-0.57%
Net Expense0.95%0.58%0.60%0.58%0.58%

MAX Auto Industry 3x Leveraged ETN (CARU)


CARU ETF - Frequently Asked Questions

How have CARU shares performed in 2024?

MAX Auto Industry 3x Leveraged ETN's stock was trading at $23.53 at the beginning of 2024. Since then, CARU stock has decreased by 15.8% and is now trading at $19.8115.
View the best growth stocks for 2024 here
.

What does CARU invest in?

MAX Auto Industry 3x Leveraged ETN is a equity fund issued by Bank of Montreal. CARU focuses on consumer discretionary investments and follows the Prime Auto Industry Index. The fund's investments total to approximately $3.21 million assets under management.

What is the management fee for MAX Auto Industry 3x Leveraged ETN?

MAX Auto Industry 3x Leveraged ETN's management fee is 0.95% and has no other recorded expenses or fee waivers. The net expense ratio for CARU is 0.95%.

How do I buy shares of MAX Auto Industry 3x Leveraged ETN?

Shares of CARU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:CARU) was last updated on 5/9/2024 by MarketBeat.com Staff

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