Key stats
About First Trust S-Network Electric & Future Vehicle Ecosystem ETF
Home page
Inception date
May 9, 2011
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
CARZ invests in electric and autonomous vehicles, which it defines as future vehicles as well as on its related technology. The index includes companies that are primarily engaged in the following: (1) electric and autonomous vehicle manufacturing, (2) electric and autonomous vehicle enabling technologies, (3) electric and autonomous vehicle enabling materials, and (4) the development and manufacture of future automotive technology and products. It also includes technology companies focused on developing and supplying technology essential to manufacturing future vehicles. The index ranks the securities by market-cap and selects the top 100. These securities are weighted by float-adjusted market capitalization with a single security cap of 4.5%. Prior to Jan. 26, 2022, the fund name was First Trust NASDAQ Global Auto Index Fund. It followed the NASDAQ Global Auto Index, which focused on global automobile manufacturers.
Classification
What's in the fund
Exposure type
Electronic Technology
Consumer Durables
Technology Services
Producer Manufacturing
Stock breakdown by region
Top 10 holdings
Auto industry likely to inflect downward from hereManufacturing has been a red-hot sector lately, and the CARZ auto ETF has been a beneficiary of that boom. The latest manufacturing data out today show continued outperformance by this sector, which I suppose is why CARZ is up today:
Empire State index: 17
Price of imported industrial supplies: +3.
MOTOR INDUSTRY: IT'S DOWN, DOWN, DOWN FROM HEREMotor Cars are obsolescent technology. They promised transport to any destination at any time of day or night. The present reality is gridlock, destinations inacessible, unsustainable road building, air pollution. E-cars are not the answer, but a new transport technology of capsules travelling in tu
Global AutoIndex, $CARZElliottWave Ending Diagonal, ready to head lower. At least reasonable size IV wave should be under progress. In next larger degree not marked to the chart it is possible IV is missing for upside, but at least for several weeks if not a month this should be bearish sign for most car makers.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
CARZ trades at 58.00 USD today, its price has risen 2.53% in the past 24 hours. Track more dynamics on CARZ price chart.
CARZ net asset value is 57.28 today — it's risen 13.09% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
CARZ assets under management is 29.01 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
CARZ price has risen by 11.80% over the last month, and its yearly performance shows a −2.00% decrease. See more dynamics on CARZ price chart.
NAV returns, another gauge of an ETF dynamics, showed a −5.16% decrease in three-month performance and has decreased by −2.82% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −5.16% decrease in three-month performance and has decreased by −2.82% in a year.
CARZ fund flows account for −8.44 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
CARZ invests in stocks. See more details in our Analysis section.
CARZ expense ratio is 0.70%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, CARZ isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, CARZ technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CARZ shows the strong buy signal. See more of CARZ technicals for a more comprehensive analysis.
Today, CARZ technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CARZ shows the strong buy signal. See more of CARZ technicals for a more comprehensive analysis.
Yes, CARZ pays dividends to its holders with the dividend yield of 1.07%.
CARZ trades at a premium (1.24%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
CARZ shares are issued by AJM Ventures LLC
CARZ follows the S-Network Electric & Future Vehicle Ecosystem Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 9, 2011.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.