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CARZ - ETF AI Analysis
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First Trust NASDAQ Global Auto Index Fund (CARZ)
Rating:61Neutral
Price Target:―
Positive Factors
Solid Recent Performance
The ETF has shown steady gains over the past month, three months, and year to date, indicating positive recent momentum.
Strong Semiconductor Exposure
Several top holdings in chipmakers and related technology companies have delivered strong results, helping support the fund’s overall performance.
Global Auto and Tech Mix
The fund combines U.S. leaders with international names across the auto and technology supply chain, giving investors exposure to global trends in vehicles and related technologies.
Negative Factors
High Expense Ratio
The fund’s expense ratio is relatively high for an ETF, which means more of the returns are eaten up by fees each year.
Concentration in U.S. and Technology
A large share of the portfolio is in U.S. stocks and the technology sector, which increases the risk if that country or sector faces a downturn.
Mixed Performance Among Top Holdings
Some of the largest positions, including major technology and auto names, have shown weak or negative performance this year, which could weigh on future returns if the trend continues.
CARZ vs. SPDR S&P 500 ETF (SPY)
AUM45.46M
RegionGlobal
Expense Ratio0.70%
Beta1.32
IssuerFirst Trust
Inception DateMay 09, 2011
Dividend Yield2%
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. Volume3,778
30 Day Avg. Volume4,008
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
103.18Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering90
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
CARZ Summary
CARZ is an ETF that follows the S-Network Electric & Future Vehicle Ecosystem Index, focusing on the global auto and mobility theme. It holds companies tied to electric cars, self-driving technology, and key auto parts, with a strong tilt toward technology stocks. Well-known holdings include Tesla, Apple, Microsoft, Nvidia, and Toyota. Someone might invest in CARZ to bet on the long-term growth of electric and next-generation vehicles while getting instant diversification across many related companies. A key risk is that it is heavily exposed to tech and auto stocks, so its price can swing a lot and may drop if these areas fall out of favor.
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
CARZ may be branded as an auto fund, but its engine is really powered by chipmakers and Big Tech. Micron, TSMC, and Texas Instruments are all rising, giving the ETF a strong semiconductor tailwind, while Nvidia and Apple are still helping but with more muted momentum. On the flip side, AMD and Tesla are losing steam, and Microsoft’s recent softness isn’t doing the fund any favors. With a heavy tilt toward global tech—plus traditional names like Toyota—this is more a worldwide “future of mobility” play than a simple car stock basket.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Micron | 5.87% | $2.64M | $479.61B | 322.79% | 79 Outperform | |
| TSMC | 4.80% | $2.16M | $1.51T | 94.33% | 81 Outperform | |
| Nvidia | 4.39% | $1.98M | $4.38T | 48.15% | 76 Outperform | |
| Apple | 4.35% | $1.96M | $3.67T | 17.16% | 79 Outperform | |
| Advanced Micro Devices | 4.26% | $1.92M | $315.31B | 91.53% | 73 Outperform | |
| Alphabet Class A | 4.19% | $1.88M | $3.65T | 82.66% | 85 Outperform | |
| Tesla | 4.05% | $1.82M | $1.47T | 56.49% | 73 Outperform | |
| Microsoft | 3.73% | $1.68M | $2.94T | 1.80% | 79 Outperform | |
| Intel | 2.51% | $1.13M | $228.62B | 90.31% | 64 Neutral | |
| Toyota Motor | 2.47% | $1.11M | ¥43.92T | 22.70% | 80 Outperform |
CARZ Technical Analysis
Negative
―
Price Trends
84.73
Negative
80.35
Positive
72.62
Positive
Market Momentum
-0.72
Positive
40.67
Neutral
42.17
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For CARZ, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 85.39, equal to the 50-day MA of 84.73, and equal to the 200-day MA of 72.62, indicating a neutral trend. The MACD of -0.72 indicates Positive momentum. The RSI at 40.67 is Neutral, neither overbought nor oversold. The STOCH value of 42.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CARZ.
CARZ Peer Comparison
Comparison Results
Performance Comparison
CARZ
First Trust NASDAQ Global Auto Index Fund
83.29
27.72
49.88%
SOCL
Global X Social Media ETF
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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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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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