MAX Auto Industry -3x Inverse Leveraged ETN (CARD) Price & Chart
CARD ETF Chart & Stats
- Day’s Range
- $2.79 - $2.86
- 52-Week Range
- $2.10 - $4.03
- Previous Close
- $2.73
- Volume
- 4,338
- Average Volume (3M)
- 13.86K
- AUM
- 1.70M
- NAV
- 2.79
- Expense Ratio
- 0.95%
- Holdings Count
- 0
- Beta
- -3.28
- Inception Date
- Jun 27, 2023
- Last Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
- Shares Outstanding
- 600,000
- Standard Deviation
- N/A
ETF Overview
MAX Auto Industry -3x Inverse Leveraged ETN
The MAX Auto Industry -3x Inverse Leveraged ETN, trading under the ticker CARD, presents an aggressive investment opportunity for those with a keen interest in the automobile sector of the consumer discretionary market. This exchange-traded note is uniquely positioned within the niche of automobile manufacturers, offering investors a sophisticated tool to capitalize on declining trends in the automotive industry. By providing three times the inverse daily performance of its underlying benchmark, CARD is designed for short-term traders seeking to leverage downturns in the auto sector. Whether you're hedging existing positions or speculating on market movements, this ETN offers a potent strategy for those looking to navigate the volatile landscape of the automotive world with precision and intensity. However, due to its leveraged and inverse nature, CARD is most suitable for experienced investors who are comfortable with high-risk, rapid-turnover investments.