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ISIN
US33734X3098
CUSIP
33734X309
Inception Date
May 9, 2011
Region
Developed Markets (Broad)
Leveraged
1x (No leverage)
Index Tracked
NASDAQ OMX Global Automobile (TR)
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Value
Assets Under Management
$54M

Share Price Chart


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Performance

CARZ Performance Chart

First Trust NASDAQ Global Auto Index Fund (CARZ) is up 55.0% since the beginning of the year. CARZ is currently trading at $121 per share. Investors who bought $1,000 worth of CARZ shares 5 years ago would now be looking at an investment worth $2,096.


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S&P 500 Index

Returns By Period

First Trust NASDAQ Global Auto Index Fund (CARZ) has returned 55.03% so far this year and 110.10% over the past 12 months. Looking at the last ten years, CARZ has achieved an annualized return of 16.21%, outperforming the S&P 500 Index benchmark, which averaged 13.65% per year.


First Trust NASDAQ Global Auto Index Fund

1D
-1.58%
1M
13.96%
YTD
55.03%
6M
57.92%
1Y
110.10%
3Y*
33.87%
5Y*
15.95%
10Y*
16.21%

Benchmark (S&P 500 Index)

1D
0.41%
1M
4.48%
YTD
10.79%
6M
10.60%
1Y
27.02%
3Y*
21.07%
5Y*
12.39%
10Y*
13.65%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CARZ Monthly Returns History

Based on dividend-adjusted daily data since May 10, 2011, CARZ's average daily return is +0.06%, while the average monthly return is +1.14%. At this rate, an investment would double in approximately 5.1 years.

Historically, 57% of months were positive and 43% were negative. The best month was Apr 2026 with a return of +27.3%, while the worst month was Mar 2020 at -22.8%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 5 months.

On a daily basis, CARZ closed higher 51% of trading days. The best single day was Mar 24, 2020 with a return of +13.4%, while the worst single day was Mar 16, 2020 at -12.7%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20268.54%4.06%-8.16%27.30%15.90%1.30%55.03%
20250.56%-2.29%-6.34%-1.23%9.53%7.67%2.62%5.59%8.70%8.40%-3.41%3.77%37.18%
2024-5.10%7.07%1.93%-4.88%4.68%0.11%-1.75%-1.39%2.57%-2.14%1.57%1.24%3.26%
202318.52%-0.62%6.95%-5.81%7.06%9.39%5.44%-7.56%-5.66%-8.67%12.39%8.61%42.47%
2022-0.99%-3.36%1.41%-13.49%3.31%-12.44%10.54%-6.47%-12.95%1.88%12.04%-11.86%-31.25%
20214.23%0.74%5.97%-3.61%6.62%2.56%0.40%-2.19%-1.77%9.21%-3.16%-1.30%18.09%

Benchmark Metrics

First Trust NASDAQ Global Auto Index Fund has an annualized alpha of -0.21%, beta of 1.11, and R2 of 0.57 versus S&P 500 Index. Calculated based on daily prices since May 11, 2011.

  • This ETF participated in 122.27% of S&P 500 Index downside but only 117.53% of its upside - more exposed to losses than it benefited from rallies.
  • With beta of 1.11 and R2 of 0.57, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

Alpha
-0.21%
Beta
1.11
0.57
Upside Capture
117.53%
Downside Capture
122.27%

Expense Ratio

CARZ has an expense ratio of 0.70%, placing it in the medium range.


Return for Risk

Risk / Return Rank

CARZ ranks 95 for risk / return — in the top 95% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


CARZ Risk / Return Rank: 9595
Overall Rank
CARZ Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
CARZ Sortino Ratio Rank: 9595
Sortino Ratio Rank
CARZ Omega Ratio Rank: 9494
Omega Ratio Rank
CARZ Calmar Ratio Rank: 9595
Calmar Ratio Rank
CARZ Martin Ratio Rank: 9595
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for First Trust NASDAQ Global Auto Index Fund (CARZ) and compare them to S&P 500 Index.


CARZBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+2.00

Sortino ratioReturn per unit of downside risk

+1.86

Omega ratioGain probability vs. loss probability

1.66

1.41

+0.25

Calmar ratioReturn relative to maximum drawdown

7.67

2.98

+4.68

Martin ratioReturn relative to average drawdown

30.97

13.78

+17.19

Dividends

Dividend History

First Trust NASDAQ Global Auto Index Fund provided a 1.38% dividend yield over the last twelve months, with an annual payout of $1.66 per share.


1.00%1.50%2.00%2.50%3.00%$0.00$0.50$1.00$1.5020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$1.66$1.66$0.68$0.80$0.64$1.35$0.33$1.09$0.89$0.89$0.85$0.59

Dividend yield

1.38%2.13%1.17%1.40%1.59%2.25%0.63%3.23%2.85%2.11%2.47%1.64%

Monthly Dividends

The table displays the monthly dividend distributions for First Trust NASDAQ Global Auto Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.30$0.00$0.00$0.29$0.00$0.00$1.08$1.66
2024$0.00$0.00$0.07$0.00$0.00$0.27$0.00$0.00$0.06$0.00$0.00$0.29$0.68
2023$0.00$0.00$0.11$0.00$0.00$0.35$0.00$0.00$0.12$0.00$0.00$0.22$0.80
2022$0.00$0.00$0.07$0.00$0.00$0.23$0.00$0.00$0.11$0.00$0.00$0.24$0.64
2021$0.00$0.00$0.00$0.00$0.00$0.21$0.00$0.00$0.08$0.00$0.00$1.06$1.35

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the First Trust NASDAQ Global Auto Index Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the First Trust NASDAQ Global Auto Index Fund was 51.20%, occurring on Mar 18, 2020. Recovery took 162 trading sessions.

The current First Trust NASDAQ Global Auto Index Fund drawdown is 1.94%.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-51.20%Mar 2020
2y 1mo7mo 22d
2y 9moJan 2018 - Nov 2020
Bear market2022
-40.30%Oct 2022
11mo 13d2y 8mo
3y 8moNov 2021 - Jul 2025
2011 bear market2011
-33.03%Sep 2011
2mo 16d1y 5mo
1y 8moJul 2011 - Mar 2013
2016 bear market2016
-31.17%Feb 2016
9mo 19d1y 7mo
2y 4moApr 2015 - Sep 2017
2014 correction2014
-16.13%Oct 2014
3mo 8d5mo 29d
9mo 7dJul 2014 - Apr 2015

Drawdown Indicators


CARZBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-51.20%

-56.78%

+5.58%

Max Drawdown (1Y)

Largest decline over 1 year

-14.44%

-9.10%

-5.34%

Max Drawdown (3Y)

Largest decline over 3 years

-27.84%

-18.90%

-8.94%

Max Drawdown (5Y)

Largest decline over 5 years

-40.30%

-25.43%

-14.87%

Max Drawdown (10Y)

Largest decline over 10 years

-51.20%

-33.92%

-17.28%

Current Drawdown

Current decline from peak

-1.94%

-0.33%

-1.61%

Average Drawdown

Average peak-to-trough decline

-12.89%

-10.72%

-2.17%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.57%

1.97%

+1.60%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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