CARZ - ETF AI Analysis
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First Trust NASDAQ Global Auto Index Fund (CARZ)
Rating:61Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered strong gains so far this year, indicating that its overall strategy has recently worked well for investors.
Several Strong-Performing Chipmakers
Key semiconductor holdings like Micron, Intel, AMD, and Samsung have shown strong performance, helping drive the fund’s returns.
Global Exposure Beyond the U.S.
While most assets are in U.S. companies, the fund also invests in markets like Hong Kong, South Korea, and Japan, adding some international diversification.
Negative Factors
High Concentration in Technology
With most of the portfolio in the technology sector, the ETF is heavily exposed to swings in tech-related stocks.
Notable Underperforming Top Holdings
Large positions such as Microsoft and Tesla have recently shown weak performance, which can drag on the fund’s results if the trend continues.
Relatively High Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, meaning more of the returns are used to cover fees instead of going to investors.
CARZ vs. SPDR S&P 500 ETF (SPY)
AUM49.22M
RegionGlobal
Expense Ratio0.70%
Beta1.36
IssuerFirst Trust
Inception DateMay 09, 2011
Dividend Yield1.52%
Asset ClassEquity
Index TrackedS-Network Electric & Future Vehicle Ecosystem Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume6,349
30 Day Avg. Volume4,298
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
147.06Price 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 that follows the S-Network Electric & Future Vehicle Ecosystem Index, focusing on the global auto and future mobility theme. It holds companies that make cars, electric vehicles, and the chips and technology that power them. Well-known holdings include Apple and Tesla, along with other major tech and chip makers. Someone might invest in CARZ to bet on long-term growth from electric and smarter vehicles while getting exposure to many companies at once. A key risk is that it’s heavily tilted toward technology and auto-related stocks, which can rise and fall sharply.
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 have “auto” in the name, but its engine is really powered by chip and Big Tech heavyweights. Micron, TSMC, Nvidia, and Microsoft have been rising or steady, giving the fund a strong semiconductor-and-AI backbone, while Alphabet adds another tech growth gear despite some mixed recent trading. On the flip side, Tesla has been dragging performance, and AMD and Intel have shown more choppy, lagging action. With most of its leaders in global tech and semis rather than traditional automakers, this is a worldwide future-mobility play more than a classic car fund.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Microsoft | 6.01% | $2.97M | $3.70T | 0.92% | 79 Outperform | |
| Advanced Micro Devices | 5.16% | $2.55M | $1.03T | 295.48% | 73 Outperform | |
| Samsung Electronics | 5.09% | $2.52M | ₩10.00T> | 230.73% | ― | |
| Nvidia | 4.97% | $2.46M | $5.41T | 26.31% | 76 Outperform | |
| Intel | 4.89% | $2.42M | $673.40B | 246.48% | 64 Neutral | |
| Micron | 4.88% | $2.42M | $1.22T | 588.17% | 79 Outperform | |
| Apple | 4.83% | $2.39M | $4.90T | 33.51% | 79 Outperform | |
| TSMC | 4.61% | $2.28M | $2.02T | 64.84% | 81 Outperform | |
| Alphabet Class A | 4.29% | $2.12M | $4.17T | 39.50% | 85 Outperform | |
| Tesla | 4.09% | $2.03M | $1.49T | -15.51% | 73 Outperform |
CARZ Technical Analysis
Positive
―
Price Trends
105.71
Positive
109.72
Negative
97.50
Positive
Market Momentum
0.76
Negative
57.93
Neutral
75.37
Neutral
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 106.61, equal to the 50-day MA of 105.71, and equal to the 200-day MA of 97.50, indicating a bullish trend. The MACD of 0.76 indicates Negative momentum. The RSI at 57.93 is Neutral, neither overbought nor oversold. The STOCH value of 75.37 is Neutral, 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
109.60
38.18
53.46%
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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WATS
Corgi Battery Energy Storage Systems 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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