MAX Auto Industry 3X Leveraged ETN (CARU) Price & Chart
CARU ETF Chart & Stats
- Day’s Range
- $17.70 - $17.70
- 52-Week Range
- $16.36 - $35.62
- Previous Close
- $16.81
- Volume
- 31
- Average Volume (3M)
- 809
- AUM
- 2.69M
- NAV
- 17.66
- Expense Ratio
- 0.95%
- Holdings Count
- 0
- Beta
- 3.31
- Inception Date
- Jun 27, 2023
- Last Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
- Shares Outstanding
- 160,000
- Standard Deviation
- N/A
ETF Overview
MAX Auto Industry 3X Leveraged ETN
The MAX Auto Industry 3X Leveraged ETN, trading under the ticker CARU, is a dynamic exchange-traded note designed to amplify exposure to the automobile manufacturing sector. As a part of the Consumer Discretionary category, this ETN strategically focuses on the niche of Automobile Manufacturers, offering investors a powerful tool to capitalize on the performance of leading automotive companies. By providing three times the daily return of a specified index, CARU is tailored for those seeking aggressive growth opportunities within the auto industry. Investors in CARU can expect to engage with a market segment driven by innovation, technological advancements, and evolving consumer preferences. However, the leveraged nature of this ETN means it is best suited for sophisticated investors with a keen understanding of market volatility and a robust risk appetite. With CARU, investors can potentially benefit from the industry's upward momentum while navigating the challenges of its cyclical nature.