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First Trust S-Network Future Vehicles & Technology ETF
ETF
CARZ
Payout Change
Pending
Price as of:
$54.6
-0.79
-1.43%
primary theme
Consumer Discretionary Sector Equity
CARZ (ETF)
First Trust S-Network Future Vehicles & Technology ETF
Payout Change
Pending
Price as of:
$54.6
-0.79
-1.43%
primary theme
Consumer Discretionary Sector Equity
CARZ (ETF)
First Trust S-Network Future Vehicles & Technology ETF
Payout Change
Pending
Price as of:
$54.6
-0.79
-1.43%
primary theme
Consumer Discretionary Sector Equity
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
-3.9%
1 yr return
12.8%
3 Yr Avg Return
-0.9%
5 Yr Avg Return
10.5%
Net Assets
$38.5 M
Holdings in Top 10
44.6%
52 WEEK LOW AND HIGH
$55.4
$46.67
$59.48
Expenses
OPERATING FEES
Expense Ratio 0.70%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
CARZ - Profile
Distributions
- YTD Total Return -3.9%
- 3 Yr Annualized Total Return -0.9%
- 5 Yr Annualized Total Return 10.5%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.17%
- Dividend Yield 1.6%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameFirst Trust S-Network Future Vehicles & Technology ETF
-
Fund Family NameFirst Trust Advisors L.P.
-
Inception DateMay 09, 2011
-
Shares Outstanding1200002
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDaniel Lindquist
Fund Description
The Fund will normally invest at least 90% of its net assets (plus any borrowings for investment purposes) in the securitiesthat comprise the Index. The Fund, using an indexing investment approach, attempts to fully replicate, before fees and expenses, the performance of the Index. The Index is owned and is developed, maintained and sponsored by VettaFi LLC (the “Index Provider”). The Index Provider retains the right at any time, upon prior written notice, to modify the Index methodology.The Fund will normally invest at least 80% of its net assets in Future Vehicles companies (as defined below) and Technology companies. Future Vehicles companies are companies that are principally engaged, i.e., have at least 50% of their assets in, or derive at least 50% of their revenues or profits from, one of the following business segments: (1) electric and autonomous vehicle manufacturing; (2) electric and autonomous vehicle enabling technologies (i.e., companies that manufacture batteries for energy storage, provide the sensors for autonomous driving capabilities and manufacture semiconductors); (3) electric and autonomous vehicle enabling materials (i.e., companies that mine rare earth metals used for energy storage and conversion); and (4) the development and manufacture of future automotive technology and products. Technology companies are companies that are principally engaged, i.e., have at least 50% of their assets in, or derive at least 50% of their revenues or profits from, the information technology sector. The Fund intends to invest in Technology companies with an emphasis on the development and supply of technology essential to future automotive manufacturing.According to the Index Provider, to be eligible for inclusion in the Index, a company must be listed on a major recognized stock exchange and engaged in one of the following sectors: (a) electric and autonomous vehicle manufacturing; (b) enabling technologies; or (c) enabling materials. The Index considers a company to be engaged in one of these sectors if: (1) it derives at least 50% of its revenues from business activities described for that sector (“Pure-Play” companies); or (2) if (a) such revenues represent more than 20% of the company’s total revenues and such revenues are independently reported in the company’s financial reports; (b) applicable revenues are likely to have a material impact on the company’s overall share price performance; (c) research and development investments in the technology are at the forefront of the company’s future initiatives; or (d) the company’s applicable business is likely to have a significant impact on the sector as a whole (“Diversified” companies). Further, according to the Index Provider, in order to be eligible for inclusion in the Index a company’s stock must meetthe size,liquidity and floatrequirements of the Index. The term “free float” is used to capture the portion of an issuer's outstanding securities that can be publicly traded, and thus excludes locked-in securities held by an issuer's affiliates, officers or promoters or securities subject to some other restrictive arrangement that prevents them from being freely traded. The Index may be composed of small, mid or large capitalization securities.According to the Index Provider, the Index constituents are chosen by selecting the eligible Pure-Play companies in descending order of float-adjusted market capitalization until 100 constituents have been selected. If there are less than 100 eligible Pure-Play companies, then the Index selects from the eligible Diversified companies until 100 constituents have been selected or until all eligible companies have been selected. Index constituents are weighted according to a float-adjusted market capitalization weighting methodology. Under this methodology, the maximum weight assigned to a single security is 4.5% and the minimum is 0.5% (with larger cap companies receiving higher weightings within the approximate range). The Fund may invest in depositary receipts, companies headquartered or incorporated outside of the U.S., including in emerging markets, and U.S. dollar denominated and non-U.S. dollar denominated securities.The Index is rebalanced and reconstituted quarterly and the Fund will make corresponding changes to its portfolio shortly after the Index changes are made public. The Index’s quarterly rebalance and reconstitution schedule may cause the Fund to experience a higher rate of portfolio turnover. The Fund will be concentrated (i.e., invests more than 25% of Fund assets) in an industry or a group of industries to the extent that the Index is so concentrated. As of December 31, 2023, the Fund had significant investments in consumer discretionary companies, information technology companies and Asian issuers, although this may change from time to time.The Fund's investments will change as the Index changes and, as a result, the Fund may have significant investments in jurisdictions or investment sectors that it may not have had as of December 31, 2023. In order to gain exposure to certain Chinese companies that are included in the Index but are unavailable to direct investment by foreign investors, the Fund invests significantly in non-Chinese shell companies that have created structures known as variable interest entities (“VIEs”) in order to gain exposure to such Chinese companies. To the extent the Fund invests a significant portion of its assets in a given jurisdiction or investment sector, the Fund may be exposed to the risks associated with that jurisdiction or investment sector.The Fund is classified as “non-diversified” under the Investment Company Act of 1940, as amended (the “1940 Act”).
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CARZ - Performance
Return Ranking - Trailing
| Period | CARZ Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -3.9% | -7.0% | 8.4% | 88.10% |
| 1 Yr | 12.8% | -12.2% | 47.4% | 64.29% |
| 3 Yr | -0.9%* | -25.6% | 12.9% | 39.02% |
| 5 Yr | 10.5%* | 0.0% | 22.6% | 34.21% |
| 10 Yr | 5.2%* | 0.2% | 16.5% | 90.91% |
* Annualized
Return Ranking - Calendar
| Period | CARZ Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 40.4% | 9.6% | 67.9% | 19.05% |
| 2022 | -32.2% | -55.7% | -13.2% | 54.76% |
| 2021 | 15.5% | -25.2% | 48.8% | 41.46% |
| 2020 | 53.4% | -11.3% | 122.6% | 12.82% |
| 2019 | 7.7% | 7.7% | 47.9% | 100.00% |
Total Return Ranking - Trailing
| Period | CARZ Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -3.9% | -7.0% | 8.4% | 88.10% |
| 1 Yr | 12.8% | -12.2% | 47.4% | 64.29% |
| 3 Yr | -0.9%* | -25.6% | 12.9% | 39.02% |
| 5 Yr | 10.5%* | 0.0% | 22.6% | 34.21% |
| 10 Yr | 5.2%* | 0.2% | 16.5% | 90.91% |
* Annualized
Total Return Ranking - Calendar
| Period | CARZ Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 42.4% | 11.5% | 68.9% | 7.14% |
| 2022 | -31.2% | -55.7% | -12.8% | 52.38% |
| 2021 | 18.0% | -25.2% | 57.6% | 58.54% |
| 2020 | 54.6% | -10.3% | 123.8% | 15.38% |
| 2019 | 11.4% | 11.4% | 48.7% | 100.00% |
CARZ - Holdings
Concentration Analysis
| CARZ | Category Low | Category High | CARZ % Rank | |
|---|---|---|---|---|
| Net Assets | 38.5 M | 8.65 M | 20.1 B | 78.57% |
| Number of Holdings | 102 | 25 | 311 | 19.05% |
| Net Assets in Top 10 | 19.1 M | 2.65 M | 14.1 B | 73.81% |
| Weighting of Top 10 | 44.56% | 15.0% | 81.3% | 69.05% |
Top 10 Holdings
- Advanced Micro Devices Inc 5.53%
- Samsung Electronics Co Ltd 4.83%
- Goldman Sachs Financial Square Treasury Obligations Fund 4.67%
- Microsoft Corp 4.63%
- Taiwan Semiconductor Manufacturing Co Ltd 4.59%
- Apple Inc 4.35%
- NVIDIA Corp 4.30%
- Alphabet Inc 4.10%
- Tesla Inc 3.92%
- Intel Corp 3.64%
Asset Allocation
| Weighting | Return Low | Return High | CARZ % Rank | |
|---|---|---|---|---|
| Stocks | 99.79% | 97.88% | 100.06% | 35.71% |
| Cash | 4.67% | 0.00% | 33.11% | 28.57% |
| Preferred Stocks | 0.00% | 0.00% | 0.84% | 69.05% |
| Other | 0.00% | -0.01% | 0.48% | 73.81% |
| Convertible Bonds | 0.00% | 0.00% | 0.04% | 64.29% |
| Bonds | 0.00% | 0.00% | 0.00% | 64.29% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | CARZ % Rank | |
|---|---|---|---|---|
| Technology | 56.29% | 0.00% | 56.29% | 2.38% |
| Consumer Cyclical | 27.78% | 3.24% | 96.69% | 97.62% |
| Basic Materials | 7.04% | 0.00% | 7.13% | 4.76% |
| Communication Services | 4.54% | 0.00% | 77.13% | 38.10% |
| Industrials | 4.35% | 0.00% | 42.91% | 14.29% |
| Utilities | 0.00% | 0.00% | 6.10% | 64.29% |
| Real Estate | 0.00% | 0.00% | 17.67% | 71.43% |
| Healthcare | 0.00% | 0.00% | 13.27% | 83.33% |
| Financial Services | 0.00% | 0.00% | 4.68% | 71.43% |
| Energy | 0.00% | 0.00% | 1.00% | 64.29% |
| Consumer Defense | 0.00% | 0.00% | 29.70% | 88.10% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | CARZ % Rank | |
|---|---|---|---|---|
| US | 70.87% | 31.60% | 100.06% | 85.71% |
| Non US | 28.92% | 0.00% | 68.02% | 16.67% |
CARZ - Expenses
Operational Fees
| CARZ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.70% | 0.08% | 2.40% | 52.38% |
| Management Fee | 0.70% | 0.03% | 0.85% | 69.05% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 25.00% |
| Administrative Fee | N/A | 0.25% | 0.25% | N/A |
Sales Fees
| CARZ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| CARZ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| CARZ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 4.00% | 214.00% | 23.81% |
CARZ - Distributions
Dividend Yield Analysis
| CARZ | Category Low | Category High | CARZ % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.64% | 0.00% | 7.07% | 7.14% |
Dividend Distribution Analysis
| CARZ | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| CARZ | Category Low | Category High | CARZ % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.17% | -1.54% | 1.17% | 2.44% |
Capital Gain Distribution Analysis
| CARZ | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Mar 28, 2024 | $0.066 | OrdinaryDividend |
| Dec 29, 2023 | $0.223 | OrdinaryDividend |
| Sep 29, 2023 | $0.120 | OrdinaryDividend |
| Jun 30, 2023 | $0.348 | OrdinaryDividend |
| Mar 31, 2023 | $0.106 | OrdinaryDividend |
| Dec 30, 2022 | $0.236 | OrdinaryDividend |
| Sep 30, 2022 | $0.115 | OrdinaryDividend |
| Jun 30, 2022 | $0.227 | OrdinaryDividend |
| Mar 31, 2022 | $0.066 | OrdinaryDividend |
| Dec 31, 2021 | $1.057 | OrdinaryDividend |
| Sep 30, 2021 | $0.085 | OrdinaryDividend |
| Jun 30, 2021 | $0.207 | OrdinaryDividend |
| Dec 31, 2020 | $0.178 | OrdinaryDividend |
| Sep 30, 2020 | $0.043 | OrdinaryDividend |
| Jun 30, 2020 | $0.106 | OrdinaryDividend |
| Dec 31, 2019 | $0.302 | OrdinaryDividend |
| Sep 30, 2019 | $0.263 | OrdinaryDividend |
| Jun 28, 2019 | $0.470 | OrdinaryDividend |
| Mar 29, 2019 | $0.055 | OrdinaryDividend |
| Dec 31, 2018 | $0.244 | OrdinaryDividend |
| Sep 28, 2018 | $0.110 | OrdinaryDividend |
| Jun 29, 2018 | $0.540 | OrdinaryDividend |
| Dec 29, 2017 | $0.267 | OrdinaryDividend |
| Sep 29, 2017 | $0.166 | OrdinaryDividend |
| Jun 30, 2017 | $0.452 | OrdinaryDividend |
| Mar 31, 2017 | $0.003 | OrdinaryDividend |
| Dec 30, 2016 | $0.260 | OrdinaryDividend |
| Sep 30, 2016 | $0.128 | OrdinaryDividend |
| Jun 30, 2016 | $0.397 | OrdinaryDividend |
| Mar 31, 2016 | $0.067 | OrdinaryDividend |
| Dec 31, 2015 | $0.189 | OrdinaryDividend |
| Sep 30, 2015 | $0.039 | OrdinaryDividend |
| Jun 30, 2015 | $0.323 | OrdinaryDividend |
| Mar 31, 2015 | $0.042 | OrdinaryDividend |
| Dec 31, 2014 | $0.203 | OrdinaryDividend |
| Sep 30, 2014 | $0.012 | OrdinaryDividend |
| Jun 30, 2014 | $0.395 | OrdinaryDividend |
| Mar 31, 2014 | $0.022 | OrdinaryDividend |
| Dec 31, 2013 | $0.065 | OrdinaryDividend |
| Jun 28, 2013 | $0.223 | OrdinaryDividend |
| Dec 31, 2012 | $0.067 | OrdinaryDividend |
| Sep 28, 2012 | $0.025 | OrdinaryDividend |
| Jun 29, 2012 | $0.136 | OrdinaryDividend |
| Dec 30, 2011 | $0.024 | OrdinaryDividend |
| Jun 30, 2011 | $0.047 | OrdinaryDividend |
CARZ - Fund Manager Analysis
Managers
Daniel Lindquist
Start Date
Tenure
Tenure Rank
May 09, 2011
11.07
11.1%
Daniel J. Lindquist, CFA, was born in 1970. Mr. Lindquist earned a B.A. in Business Economics from Wheaton College and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2004 and is a Managing Director. Mr. Lindquist is the Chairman of the Investment Committee and is responsible for the overall supervision of the Separate Managed Accounts.
Jon Erickson
Start Date
Tenure
Tenure Rank
May 09, 2011
11.07
11.1%
Jon C. Erickson, CFA, was born in 1966. Mr. Erickson earned a B.S. in Computer Science from the University of Illinois and has an MBA from the University of Illinois in Finance. He has been with First Trust Advisors L.P. since 1994 and he is a Portfolio Manager and Senior Vice President. As the head of FTA’s Equity Research Group, Mr. Erickson shall be responsible for determining the securities to be purchased and sold by Funds that do not utilize quantitative investment strategies on behalf of the Investment Committee.
David McGarel
Start Date
Tenure
Tenure Rank
May 09, 2011
11.07
11.1%
David G. McGarel, CFA, was born in 1966. Mr. McGarel earned a B.S. in Accounting from the University of Notre Dame. He has been with First Trust Advisors L.P. since 1997 and he is a Managing Director, Chief Operating Officer and the Chief Investment Officer. As head of FTA’s Strategy Research Group, Mr. McGarel shall be responsible for developing and implementing quantitative investment strategies for those Funds that have investment policies that require them to follow such strategies, on behalf of the Investment Committee.
Stan Ueland
Start Date
Tenure
Tenure Rank
May 09, 2011
11.07
11.1%
Mr. Ueland joined First Trust Advisors as a Vice President in August 2005 and has been a Senior Vice President of First Trust and FTP since September 2012. At First Trust, he plays an important role in executing the investment strategies of each portfolio of exchange-traded funds advised by First Trust. Before joining First Trust, he was vice president of sales at BondWave LLC from May 2004 through August 2005, an account executive for Mina Capital Management LLC and Samaritan Asset Management LLC from January 2003 through May 2004, and a sales consultant at Oracle Corporation from January 1997 through January 2003.
Roger Testin
Start Date
Tenure
Tenure Rank
May 09, 2011
11.07
11.1%
Roger F. Testin, CFA, was born in 1966. Mr. Testin earned a B.S. in Accounting from the University of Illinois and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2001 and he is a Portfolio Manager and Senior Vice President. As Product Manager for the VA’s, SMA’s and International Managed Products, Mr. Testin shall be responsible for the daily implementation and execution of the strategies for these product vehicles on behalf of the Investment Committee.
Chris Peterson
Start Date
Tenure
Tenure Rank
Mar 18, 2016
6.21
6.2%
Chris A. Peterson, CFA was born in 1975. Mr. Peterson earned a B.S in Finance from Bradley University and has an MBA from the University of Chicago Booth School of Business with concentrations in Analytic Finance & Accounting. He has been with First Trust Advisors L.P. since 2000. As head of FTA’s Portfolio Advisor’s Strategy Research Group, Mr. Peterson shall be responsible for developing and implementing quantitative equity strategies on behalf of the Investment Committee.
Erik Russo
Start Date
Tenure
Tenure Rank
Dec 31, 2020
1.41
1.4%
Mr. Russo is a Vice President of First Trust. He is responsible for implementing the investment strategies of each portfolio of exchange-traded funds advised by First Trust in his role as a Portfolio Manager. Mr. Russo joined First Trust in January of 2010.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.31 | 24.18 | 12.19 | 14.22 |
