CARD Holdings: MAX Auto Industry -3x Inverse Leveraged ETN Top Holdings

The MAX Auto Industry -3x Inverse Leveraged ETN (CARD) reports 10 holdings. Its biggest position is AutoZone Inc (AZO) at 12.50% of assets. The top 10 holdings account for 78.5% of the portfolio, a concentrated portfolio where a handful of companies drive returns.

10 positions carry a weight of 1% or more. Based on the weights listed, CARD behaves like an equal-weighted fund of about 14 stocks (the inverse Herfindahl index), a measure of how diversified it really is. Holdings and weights change over time as the fund rebalances and as share prices move.

Click any ticker to see that company's stock price, financials and news.