CARZ - ETF AI Analysis
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First Trust NASDAQ Global Auto Index Fund (CARZ)
Rating:63Neutral
Price Target:―
Positive Factors
Strong Recent Fund Performance
The ETF has shown strong gains over the year so far and in recent months, indicating positive momentum.
Many Top Holdings Are Performing Well
Several of the largest positions, especially in chipmakers and technology names, have delivered strong returns, helping drive the fund higher.
Global Exposure Within the Auto Theme
While the fund is mostly U.S.-focused, it still includes companies from multiple countries, giving investors some international diversification within the auto-related space.
Negative Factors
High Expense Ratio
The fund’s fee is relatively high for an ETF, which can eat into long-term returns compared with lower-cost options.
Heavy Tilt Toward Technology Stocks
More than half of the portfolio is in the technology sector, which increases the fund’s sensitivity to swings in tech markets rather than just the auto industry.
Concentration in a Few Big Names
A small group of large technology and auto-related companies makes up a significant share of the fund, so weakness in these names could have a big impact on performance.
CARZ vs. SPDR S&P 500 ETF (SPY)
AUM51.73M
RegionGlobal
Expense Ratio0.70%
Beta1.33
IssuerFirst Trust
Inception DateMay 09, 2011
Dividend Yield1.61%
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. Volume3,283
30 Day Avg. Volume3,061
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
112.03Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering98
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
CARZ Summary
CARZ is an exchange-traded fund (ETF) that follows the S-Network Electric & Future Vehicle Ecosystem Index, focusing on the global auto and mobility theme. Instead of only car makers, it holds many technology and chip companies that power modern vehicles, including well-known names like Tesla, Apple, Microsoft, and Nvidia. Someone might invest in CARZ to bet on the long-term growth of electric cars, self-driving technology, and smarter transportation, all in one fund. A key risk is that it is heavily tilted toward tech and auto-related stocks, so its price can swing a lot and may drop sharply if those areas struggle.
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
Despite its auto theme, CARZ is really being steered by chipmakers and Big Tech. High-flying names like Intel, Micron, and TSMC have been rising steadily, giving the fund a strong tailwind, while Nvidia and AMD add more AI-fueled horsepower. On the flip side, Tesla has been losing some traction and Apple looks a bit tired this year, which has capped some of the upside. With a heavy tilt toward technology and consumer names and a global mix led by U.S. and Asian giants, this is more a future-of-mobility tech play than a classic car fund.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Intel | 5.90% | $3.05M | $481.39B | 372.52% | 64 Neutral | |
| Advanced Micro Devices | 5.49% | $2.84M | $556.83B | 239.54% | 73 Outperform | |
| Micron | 5.20% | $2.69M | $650.08B | 616.80% | 79 Outperform | |
| Alphabet Class A | 4.57% | $2.36M | $4.62T | 133.39% | 85 Outperform | |
| ― | 4.39% | $2.27M | ― | ― | ― | |
| Tesla | 4.32% | $2.23M | $1.47T | 40.05% | 73 Outperform | |
| Microsoft | 4.21% | $2.18M | $3.07T | -5.17% | 79 Outperform | |
| TSMC | 4.18% | $2.16M | $1.87T | 127.67% | 81 Outperform | |
| Nvidia | 4.10% | $2.12M | $4.82T | 74.38% | 76 Outperform | |
| Apple | 4.04% | $2.09M | $4.06T | 39.19% | 79 Outperform |
CARZ Technical Analysis
Positive
―
Price Trends
88.06
Positive
85.28
Positive
77.84
Positive
Market Momentum
4.66
Negative
74.42
Negative
94.02
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For CARZ, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 95.28, equal to the 50-day MA of 88.06, and equal to the 200-day MA of 77.84, indicating a bullish trend. The MACD of 4.66 indicates Negative momentum. The RSI at 74.42 is Negative, neither overbought nor oversold. The STOCH value of 94.02 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CARZ.
CARZ Peer Comparison
Comparison Results
Performance Comparison
CARZ
First Trust NASDAQ Global Auto Index Fund
103.06
50.87
97.47%
DRNZ
REX Drone ETF
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LITP
Sprott Lithium Miners 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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CABZ
Roundhill Robotaxi, Autonomous Vehicles & Technology 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.
DisclaimerThis 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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