CARZ
First Trust NASDAQ Global Auto Index Fund
First Trust NASDAQ Global Auto Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the NASDAQ OMX Global Auto Index.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
70 bp
EXPENSES
$209.1 M
ASSETS UNDER MGMT
Fund Basics
Fund sponsor | First Trust Advisors LP |
Category | Global |
Asset class | Equity |
Website | link... |
Inception date | May 09, 2011 |
Assets (mns) | $209 |
Expense ratio | 70 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Quarterly |
Taxation | 1099 |
Stock selection | Market Cap |
Weighting | Market Cap |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | Yes |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
Complete list +
TESLA MOTORS INC | 5.7 % |
NVIDIA CORP | 5.4 % |
APPLE INC | 5.3 % |
ALPHABET INC. CLASS A | 4.7 % |
TAIWAN SEMICONDUCTOR-SP ADR | 4.7 % |
MICROSOFT CORP | 4.4 % |
SAMSUNG ELECTRONICS CO LTD | 4.3 % |
ADVANCED MICRO DEVICES | 3.8 % |
QUALCOMM INC | 3.3 % |
ZHEJIANG LEAPMOTOR TECHNOLOGY CO., LTD. | 3.0 % |
Constituent Breakdown
Number of holdings | 646 |
Herfindahl-Hirschman Index | 288 |
Wgt avg mkt cap (mns) | $610,221 |
Large cap (>$10bn) | 79.1% |
Mid cap ($2-10bn) | 14.9% |
Small cap (<$2bn) | 5.4% |
Developed mkts. | 82.8% |
Emerging mkts. | 17.2% |
Country Exposure
UNITED STATES | 60.9 % | |
SOUTH KOREA | 8.3 % | |
CHINA | 6.5 % | |
JAPAN | 6.2 % | |
TAIWAN | 4.7 % | |
GERMANY | 3.0 % | |
FRANCE | 2.6 % | |
NETHERLANDS | 1.6 % | |
SWITZERLAND | 1.2 % | |
ITALY | 0.8 % |
Historical Performance
Standardized Performance (as of 06/30/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | 2.8% | 5.6% | 15.3% | 0.5% | 14.0% | 5.6% | 7.1% | Volatility | 21.0% | 20.8% | 26.7% | 27.5% | 29.7% | 24.5% | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 1.27 | 70% |
MSCI EAFE | 1.25 | 63% |
MSCI Emg Mkts | 1.15 | 55% |
Liquidity Measures
Avg. volume (000) | 3 |
Turnover | 0.1% |
Avg. Bid/Ask (% of price) | 0.69% |
ADV of underlying (mns) | $123,979 |
Technical Indicators
Recent close | $56.38 |
30d moving avg. | $60.65 |
Annualized volatility | 27.3% |
Relative strength (RSI) | 56 |
Short interest (ETF) | 0.1% |
Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. CARZ |
Expenses vs. CARZ |
ALTAR Score™ vs. CARZ |
---|---|---|---|---|
DRIV | Global X Autonomous & Electric Vehicles ETF | 43.1% | -2 bp | +2.7% |
XNTK | SPDR NYSE Technology ETF | 34.3% | -35 bp | +1.2% |
FMET | Fidelity Metaverse ETF | 34.0% | -31 bp | +2.2% |
SFYF | SoFi Social 50 ETF | 32.1% | -41 bp | -6.3% |
IGM | iShares Expanded Tech Sector ETF | 31.2% | -29 bp | +1.7% |
MVPS | Amplify Thematic All-Stars ETF | 31.2% | -21 bp | +0.1% |
SOXQ | Invesco PHLX Semiconductor ETF | 30.8% | -51 bp | +1.9% |
SOXX | iShares Semiconductor ETF | 30.6% | -35 bp | +2.6% |
TECB | iShares U.S. Tech Breakthrough Multisector ETF | 30.2% | -30 bp | +1.4% |
AIQ | Global X Artificial Intelligence & Technology ETF | 30.1% | -2 bp | +1.1% |
Risk and Returns: CARZ vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
Price-to-sales | --x | --x | --x | --x |
Price-to-earnings | --x | --x | --x | --x |
Price-to-cash flow | --x | --x | --x | --x |
Price-to-growth | --x | --x | --x | --x |
Price-to-book value | --x | --x | --x | --x |
Yield | --% | --% | --x | --% |
Based on closing prices from 7/25/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
CARZ
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
CARZ
2.9%
Cat. Avg
4.0%
Fund Category: Global
Avg. Return on Equity | --% |
Divided by: Fwd. P/BV | --x |
Less: Expenses | -- bp |
Equals: ALTAR Score™ | 2.9% |
Recommendation
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
Category Overview
There are 352 funds in the Global category, with an average ALTAR Score™
of 4.0% and a standard deviation of
4.8%. CARZ's ALTAR Score™ is approximately
0.2 standard deviations
below
the category average. This places CARZ in the 41st percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
CARZ
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Expense Analysis
Peer Group | Rules-Based Global Equity ETFs |
# of ETFs | 191 |
Avg. Expense Ratio | 55.4 bp |
Std. Deviation | 17.5 bp |
CARZ (70 bp) Percentile rank | 80 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
CARZ | 70.0 | 69.4 | 139.4 |
Peer Avg. | 51.3 | 36.4 | 87.7 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .