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Upturn AI Summary
MAX™ Auto Industry 3X Leveraged ETNs(CARU)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for CARU
09/25/2026: CARU (1-star) is currently NOT-A-BUY. Pass it for now.
CARU is a 3x leveraged ETN that offers aggressive, short-term tactical exposure to the automobile industry index. While it provides a powerful tool for traders to amplify daily gains, it carries significant risks, most notably volatility decay, which makes it unsuitable for long-term holding. Investors benefit from its high beta, but must contend with low liquidity and the inherent dangers of compounding leverage. It is best suited for experienced investors who monitor the market closely and trade on short time horizons. Key factors to monitor include index performance, daily volatility, and overall sector trends.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | This is a tactical trading tool, not a long-term growth investment vehicle. |
| Momentum investor | Strong fit while signal remains positive | Active momentum traders use this to capture short-term price spikes in the automotive sector. |
| Value investor | Weak fit | Leveraged products are antithetical to the principles of value investing. |
| Dividend/Income investor | Weak fit | This product does not provide reliable income and is designed for capital appreciation/depreciation via volatility. |
| Low-risk investor | Weak fit | The high leverage and daily reset mechanism create extreme risk that is unsuitable for low-risk portfolios. |
Investor Profile
Ideal Investor Profile
Sophisticated retail traders or active institutional investors looking for a high-beta, short-term directional vehicle.
Suitability
Exclusively for active traders; unsuitable for long-term investors due to the erosion caused by daily rebalancing.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | 3x leverage inherently magnifies daily price swings, leading to extreme portfolio volatility. |
| Market risk | High | The sector exposure is subject to economic cycles, consumer sentiment, and industry-specific shocks. |
| Concentration | High | Focusing on a single sector with high leverage concentrates risk significantly. |
| Tracking/expense | Medium / high | Compounding of daily returns causes the ETN to drift from the index over time. |
| Liquidity | Medium | Low volume can lead to difficulty in executing large trades without moving the market price. |
| Business/sector quality | Medium | The automotive sector is highly competitive and cyclical, impacting the performance of the underlying holdings. |
Risk Analysis
Volatility
Extremely high; the 3x leverage multiplier aggressively compounds daily index volatility.
Market Risk
The product is subject to systemic risk in the automotive industry, including economic downturns and supply chain sensitivity.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Derivatives | Automobile Industry Index (seeks 3x daily return) | 100 | This instrument provides amplified daily exposure to the automotive sector using derivative contracts, not direct stock ownership. |
Price Behavior
Steep Decline
The stock price has dropped sharply with strong downward pressure.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type ETF | Historic Profit -56.1% | Avg. Invested days 27 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/25/2026 |
ETF Fundamentals 
Source: EOD Historical Data • Updated Sep 27, 2026
Fund Basics
| Metric | Value |
|---|---|
| Fund Size (AUM) | $3.08M |
| Issuer | Bank of Montreal |
| Expense Ratio | 0.95% |
| Distribution Yield | 0% |
| Inception | Jun 27, 2023 |
Performance
| Period | Total Return |
|---|---|
| YTD | -41.60% |
| 1 Year | -47.74% |
| 3 Year | -8.26% |
Risk Metrics
| Metric | Value |
|---|---|
| 1Y Volatility | 44.22% |
| 3Y Volatility | 65.38% |
| 3Y Sharpe Ratio | 0.14 |
Market Cap Distribution
| Cap Size | Weight |
|---|---|
| Mid Cap | 61.94% |
| Mega Cap | 14.62% |
| Small Cap | 12.12% |
| Micro Cap | 7.85% |
| Large Cap | 3.46% |
Top Sectors
| Sector | Weight |
|---|---|
| Consumer Cyclicals | 97.84% |
| Industrials | 1.36% |
| Communication Services | 0.80% |
| Basic Materials | 0.00% |
Asset Allocation
Portfolio Characteristics
| Metric | Value |
|---|---|
| Portfolio P/E | 15.01x |
| Portfolio P/B | 2.07x |
| Portfolio P/S | 0.59x |
| Holdings Turnover | 0.0% |
| Distribution Yield | 0% |
Top Holdings
| Holding | Weight |
|---|---|
| Tesla | 12.75% |
| AutoZone | 12.17% |
| Ford Motor | 8.82% |
| Carvana | 8.36% |
| General Motors | 8.05% |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
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