Trading--Inverse Equity · NYSE ARCA · USD · Data as of 2026-07-30
AUM
$1.46M
Expense ratio
0.95%
Yield
0.00%
YTD return
-9.44%
Last price
$2.24
Leveraged · Coverage 75% · medium
Today
51.7
Outlook
39.2
Block A (composite-derived)
22.7
Block C (market behavior)
59.6
Today overlay (Block D)
0.0
Outlook overlay (Block D)
0.0
today_score = clip(0,100, 50 + 0.15·(A−50) + 0.60·(C−50) + D_today). Block B (holdings rollup) is in Phase 3 development; β=0 caps the natural range at ~12.5–87.5 in Preview v0.9. Formula version tide-etf-v1.0.0.
22.7
Coverage 75% · medium
Liquidity
5.0
Expenses
45.0
Performance
25.0
Volatility
34.6
Dividend
7.2
Concentration
10.0
Smart Money
—
Activist
—
Formula version composite-v1.0.0. Axes hover to see why a sub-score is missing.
MAX™ Auto Industry -3X Inverse Leveraged ETNs (CARD) is an exchange-traded fund from Bank of Montreal in the Mixed asset class. Launched in 2023. Assets under management: 1,632,238.
Bullish Whales composite rating: 23 out of 100. Evidence coverage 75% across 6 of 8 axes. Strongest axes: expenses, volatility, performance.
Annualized one-year realized volatility 68%, classified high. Weakest axes: liquidity, dividend.
Top-10 weight 1%, diversified, led by CVNA.
etf_composite_score_current · composite_score, confidence, coverage_pct, dividend_score, expenses_score, liquidity_score, performance_score, volatility_scoreetf_holdings_top10 · holding_symbol, weightetf_universe · asset_class, aum_usd, fund_type, inception_date, issuer, name, ticker, volatility_1yMax -3x Inverse Leveraged Fund is a specialized financial instrument designed primarily for sophisticated investors looking to capitalize on daily market downturns with a magnified return potential. This fund seeks to offer investors a return that is three times the inverse performance of its benchmark index on a daily basis. It achieves this through the use of derivatives and other leveraged financial instruments aimed at amplifying exposure. Typically, the fund focuses on sectors that exhibit significant volatility, providing traders with the opportunity to hedge against market downturns or speculate on declining trends. The role of an inverse leveraged fund like this one is pivotal for investors and traders seeking short-term gains in volatile or declining markets. By offering accelerated inverse returns, it plays a crucial part in strategic asset allocation and risk management, particularly during times of market stress or expected downturns. Due to its complexity and inherent risks, its usage is predominantly recommended within professional trading environments rather than long-term investment portfolios, as prolonged market exposure may yield unpredictable results.
30-day change
-$46.00
90-day change
—
Current AUM: $1,463,164. AUM change is computed from rolling daily fundamentals snapshots; it reflects total net-asset deltas (creations/redemptions + market value moves), not pure share creations.
Fund documents (fact sheets, prospectuses, semi-annual reports) for CARD are coming soon. The BW fund-document archive will surface PDFs alongside a metadata index for searchability.