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CARZ - ETF AI Analysis
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First Trust NASDAQ Global Auto Index Fund (CARZ)
Rating:63Neutral
Price Target:
$82.00
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered solid gains so far this year, reflecting strength in its holdings and sector exposure.
Technology Sector Leadership
With over half of its portfolio in technology stocks, the fund benefits from exposure to a high-performing sector.
Global Diversification
The ETF includes companies from multiple countries, providing exposure to international markets alongside U.S. holdings.
Negative Factors
High U.S. Concentration
Nearly 70% of the portfolio is focused on U.S. companies, limiting diversification across global regions.
Mixed Performance in Top Holdings
Some major holdings, like Toyota Motor, have underperformed, which could drag on overall returns.
Above-Average Expense Ratio
The ETF charges a relatively high fee compared to other funds, which could reduce net returns over time.
CARZ vs. SPDR S&P 500 ETF (SPY)
AUM37.20M
RegionGlobal
Expense Ratio0.70%
Beta1.32
IssuerFirst Trust
Inception DateMay 09, 2011
Dividend Yield1.19%
Asset ClassEquity
Index TrackedS-Network Electric & Future Vehicle Ecosystem Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume4,171
30 Day Avg. Volume3,314
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
89.24Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering101
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
CARZ Summary
The First Trust NASDAQ Global Auto Index Fund (CARZ) is an ETF that focuses on the global automotive industry, including companies involved in electric vehicles, autonomous driving, and automotive technology. It tracks the NASDAQ OMX Global Auto Index, giving investors exposure to major players like Tesla and Toyota. CARZ is a great option for those interested in the future of transportation and looking to diversify their portfolio with a focus on innovation and growth in the auto sector. However, new investors should be aware that the fund’s performance is closely tied to the automotive industry, which can be affected by economic cycles and changes in consumer demand.
How much will it cost me?The ETF CARZ has an expense ratio of 0.7%, which means you’ll pay $7 per year for every $1,000 invested. This is higher than average because CARZ is actively managed to focus on the niche theme of global mobility and automotive innovation. Funds with specialized strategies often have higher costs due to the research and management involved.
What would affect this ETF?CARZ could benefit from the growing demand for electric vehicles, advancements in autonomous driving technology, and global efforts to adopt sustainable transportation solutions, as many of its top holdings are leaders in these areas. However, challenges such as rising interest rates, economic slowdowns, or stricter regulations on automotive emissions could negatively impact the fund's performance, especially given its reliance on technology and consumer cyclical sectors. Global supply chain disruptions or geopolitical tensions might also affect key holdings like Tesla, Toyota, and Nvidia.
CARZ Top 10 Holdings
The CARZ ETF is heavily tilted toward technology and consumer cyclical sectors, reflecting its focus on the future of mobility and automotive innovation. Nvidia and AMD are among the rising stars, benefiting from strong demand for AI and semiconductor technologies, which are critical for autonomous and electric vehicles. Tesla, while steady, faces valuation concerns that could weigh on performance if growth expectations falter. Meanwhile, Toyota’s mixed results highlight the challenges traditional automakers face in adapting to the EV revolution. With a global footprint, CARZ captures the dynamic shifts in the automotive industry but remains vulnerable to sector-specific volatility.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Alphabet Class A | 5.60% | $2.05M | $3.53T | 66.39% | 80 Outperform | |
| Micron | 5.42% | $1.99M | $253.59B | 129.66% | 74 Outperform | |
| Apple | 4.88% | $1.79M | $3.97T | 17.28% | 80 Outperform | |
| Nvidia | 4.47% | $1.64M | $4.53T | 27.85% | 76 Outperform | |
| Advanced Micro Devices | 4.43% | $1.62M | $363.95B | 62.46% | 80 Outperform | |
| TSMC | 4.35% | $1.59M | $1.16T | 49.91% | 81 Outperform | |
| Microsoft | 4.31% | $1.58M | $3.62T | 17.24% | 82 Outperform | |
| Tesla | 4.28% | $1.57M | $1.34T | 18.12% | 73 Outperform | |
| Qualcomm | 2.63% | $961.61K | $177.90B | 7.67% | 80 Outperform | |
| Toyota Motor | 2.55% | $933.78K | ¥39.58T | 11.22% | 81 Outperform |
CARZ Technical Analysis
Neutral
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Price Trends
74.65
Negative
69.84
Positive
62.85
Positive
Market Momentum
-0.15
Positive
41.08
Neutral
12.36
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For CARZ, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 76.81, equal to the 50-day MA of 74.65, and equal to the 200-day MA of 62.85, indicating a neutral trend. The MACD of -0.15 indicates Positive momentum. The RSI at 41.08 is Neutral, neither overbought nor oversold. The STOCH value of 12.36 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for CARZ.
CARZ Peer Comparison
Comparison Results
Performance Comparison
CARZ
First Trust NASDAQ Global Auto Index Fund
73.41
17.06
30.28%
HYDR
Global X Hydrogen ETF
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FDRV
Fidelity Electric Vehicles and Future Transportation ETF
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MOTO
SmartETFs Smart Transportation & Technology ETF
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POW
VistaShares Electrification Supercycle ETF
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DRNZ
REX Drone ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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