Key stats
About First Trust S-Network Electric & Future Vehicle Ecosystem ETF
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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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Consumer Durables
Technology Services
Producer Manufacturing
Stocks99.82%
Electronic Technology48.41%
Consumer Durables20.67%
Technology Services13.77%
Producer Manufacturing11.98%
Process Industries2.98%
Non-Energy Minerals2.03%
Bonds, Cash & Other0.18%
Cash0.18%
Stock breakdown by region
North America55.46%
Asia31.62%
Europe10.70%
Oceania0.97%
Latin America0.74%
Middle East0.51%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CARZ invests in stocks. The fund's major sectors are Electronic Technology, with 48.41% stocks, and Consumer Durables, with 20.67% of the basket. The assets are mostly located in the North America region.
CARZ top holdings are Tesla, Inc. and Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR, occupying 5.19% and 4.90% of the portfolio correspondingly.
CARZ last dividends amounted to 0.29 USD. The quarter before, the issuer paid 0.06 USD in dividends, which shows a 80.26% increase.
CARZ assets under management is 29.01 M USD. It's risen 8.04% over the last month.
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.
Yes, CARZ pays dividends to its holders with the dividend yield of 1.07%. The last dividend (Dec 31, 2024) amounted to 0.29 USD. The dividends are paid quarterly.
CARZ shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on May 9, 2011, and its management style is Passive.
CARZ expense ratio is 0.70% meaning you'd have to pay 0.70% of your investment to help manage the fund.
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.
CARZ invests in stocks.
CARZ price has risen by 13.57% over the last month, and its yearly performance shows a −2.47% decrease. See more dynamics on CARZ price chart.
NAV returns, another gauge of an ETF dynamics, showed a −1.36% decrease in three-month performance and has decreased by −0.35% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −1.36% decrease in three-month performance and has decreased by −0.35% in a year.
CARZ trades at a premium (0.45%) meaning the ETF is trading at a higher price than the calculated NAV.