Max Auto Industry 3X Leveraged ETN (CARU) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with CARU. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CARU
CARU charges 0.95% annually. There are 93 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 28.74M | Mar 2026 | CARU vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.98M | Sep 2021 | CARU vs IFED | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.64% | 241.41M | May 2014 | CARU vs SPUU | |
| Leverage Shares 2X Long AMD Daily ETF | 0.75% | 33.68M | Jan 2025 | CARU vs AMDG | |
| Leverage Shares 2X Long NVDA Daily ETF | 0.75% | — | Dec 2024 | CARU vs NVDG |
Best Risk-Adjusted Alternatives to CARU
CARU has a PortfoliosLab risk / return rank of 7. There are 159 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 99 | 3.44B | Oct 2024 | CARU vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 99 | 1.11B | Nov 2024 | CARU vs MULL | |
| Innovator Growth Accelerated Plus ETF - April | 98 | 19.26M | Apr 2021 | CARU vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.62M | Apr 2021 | CARU vs XTAP | |
| Direxion Daily South Korea Bull 3X Shares | 97 | 1.73B | Apr 2013 | CARU vs KORU |
Top Performing CARU Alternatives (YTD)
CARU is at -23.03% YTD. There are 256 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 961.23%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 961.23% | 3.44B | Oct 2024 | CARU vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 936.86% | 1.11B | Nov 2024 | CARU vs MULL | |
| Leverage Shares 2X Long ARM Daily ETF | 936.32% | 75.08M | Jan 2025 | CARU vs ARMG | |
| GraniteShares 2x Long MRVL Daily ETF | 842.68% | 568.50M | Mar 2025 | CARU vs MVLL | |
| GraniteShares 2x Long DELL Daily ETF | 757.76% | 101.08M | Feb 2025 | CARU vs DLLL |
Lowest Volatility Alternatives to CARU
CARU has 68.70% 1-year volatility. There are 194 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.70%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.70% | 22.62M | Apr 2021 | CARU vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 5.56% | 19.26M | Apr 2021 | CARU vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.43% | 13.32M | Jul 2021 | CARU vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 10.01% | 22.12M | Jul 2021 | CARU vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.56% | 68.42M | Apr 2021 | CARU vs XDSQ |
Lowest Drawdown Alternatives to CARU
CARU has a 1-year max drawdown of -50.87%. There are 138 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -1.42%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.42% | 22.62M | Apr 2021 | CARU vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -1.69% | 19.26M | Apr 2021 | CARU vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.32M | Jul 2021 | CARU vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 22.12M | Jul 2021 | CARU vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 68.42M | Apr 2021 | CARU vs XDSQ |
Other ETFs from Max
The 4 most viewed Max ETFs shown here include XXXX, CARD, JETU and span 3 categories. AUM among these funds goes as high as $149M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| MAX S&P 500 4X Leveraged ETN | Leveraged Equities, S&P 500 | 49 | 29.32% | 148.89M | Dec 2023 | CARU vs XXXX | |
| Max Auto Industry -3X Inverse Leveraged ETN | Inverse Equities | 4 | -2.60% | 1.30M | Jun 2023 | CARU vs CARD | |
| MAX Airlines 3X Leveraged ETN | Leveraged Equities | 21 | -2.48% | 3.79M | Jun 2023 | CARU vs JETU | |
| MAX Airlines -3X Inverse Leveraged ETN | Inverse Equities | 2 | -28.36% | 3.29M | Jun 2023 | CARU vs JETD |
Often Compared With CARU
Investors most often compare CARU with TERG, BRKW, HOOG. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare CARU with Any Fund or Stock
Compare CARU with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CARU with funds that move differently
Max Auto Industry 3X Leveraged ETN alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CARU.
Explore CARU Diversifiers