CARZ Alternatives & Similar ETFs

First Trust NASDAQ Global Auto Index Fund (CARZ) belongs to the Consumer Discretionary Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with CARZ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to CARZ

CARZ charges 0.70% annually. There are 21 ETFs in the Consumer Discretionary Equities category with lower expense ratios, going as low as 0.08%.

Symbol	Name	Expense Ratio	AUM	Inception
FDIS	Fidelity MSCI Consumer Discretionary Index ETF	0.08%	1.70B	Oct 2013	CARZ vs FDIS
VCR	Vanguard Consumer Discretionary ETF	0.10%	6.80B	Jan 2004	CARZ vs VCR
XLY	Consumer Discretionary Select Sector SPDR Fund	0.13%	21.77B	Dec 1998	CARZ vs XLY
GXPD	Global X PureCap MSCI Consumer Discretionary ETF	0.15%	—	Jul 2025	CARZ vs GXPD
TRUD	VanEck Consumer Discretionary TruSector ETF	0.16%	56.35M	Aug 2025	CARZ vs TRUD

Best Risk-Adjusted Alternatives to CARZ

CARZ has a PortfoliosLab risk / return rank of 81. No ETFs in the Consumer Discretionary Equities category have higher risk-adjusted ranks; the top alternatives shown here go as high as 39.

Symbol	Name	Risk / Return Rank	AUM	Inception
RTH	VanEck Retail ETF	39	257.98M	Dec 2011	CARZ vs RTH
PEJ	Invesco Dynamic Leisure & Entertainment ETF	39	255.86M	Jun 2005	CARZ vs PEJ
BEDZ	AdvisorShares Hotel ETF	34	2.99M	Apr 2021	CARZ vs BEDZ
PSCD	Invesco S&P SmallCap Consumer Discretionary ETF	32	23.54M	Apr 2010	CARZ vs PSCD
XRT	SPDR S&P Retail ETF	31	326.03M	Jun 2006	CARZ vs XRT

Top Performing CARZ Alternatives (YTD)

CARZ is at 31.11% YTD. No ETFs in the Consumer Discretionary Equities category have higher YTD returns; the top-performing alternatives shown here go as high as 13.01%.

Symbol	Name	YTD Return	AUM	Inception
PSCD	Invesco S&P SmallCap Consumer Discretionary ETF	13.01%	23.54M	Apr 2010	CARZ vs PSCD
BEDZ	AdvisorShares Hotel ETF	11.91%	2.99M	Apr 2021	CARZ vs BEDZ
PEJ	Invesco Dynamic Leisure & Entertainment ETF	9.41%	255.86M	Jun 2005	CARZ vs PEJ
RTH	VanEck Retail ETF	7.50%	257.98M	Dec 2011	CARZ vs RTH
XRT	SPDR S&P Retail ETF	5.78%	326.03M	Jun 2006	CARZ vs XRT

Lowest Volatility Alternatives to CARZ

CARZ has 31.88% 1-year volatility. There are 26 ETFs in the Consumer Discretionary Equities category with lower 1-year volatility, going as low as 13.28%.

Symbol	Name	Volatility 1Y	AUM	Inception
RTH	VanEck Retail ETF	13.28%	257.98M	Dec 2011	CARZ vs RTH
VICE	AdvisorShares Vice ETF	13.83%	7.34M	Dec 2017	CARZ vs VICE
IEDI	iShares Evolved U.S. Discretionary Spending ETF	14.29%	28.00M	Mar 2018	CARZ vs IEDI
IYC	iShares U.S. Consumer Discretionary ETF	15.28%	1.19B	Jun 2000	CARZ vs IYC
XLYI	State Street Consumer Discretionary Select Sector ...	16.34%	1.99M	Jul 2025	CARZ vs XLYI

Lowest Drawdown Alternatives to CARZ

CARZ has a 1-year max drawdown of -21.44%. There are 18 ETFs in the Consumer Discretionary Equities category with shallower 1-year drawdowns, going as shallow as -7.83%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
RTH	VanEck Retail ETF	-7.83%	257.98M	Dec 2011	CARZ vs RTH
IEDI	iShares Evolved U.S. Discretionary Spending ETF	-9.44%	28.00M	Mar 2018	CARZ vs IEDI
PEJ	Invesco Dynamic Leisure & Entertainment ETF	-10.29%	255.86M	Jun 2005	CARZ vs PEJ
IYC	iShares U.S. Consumer Discretionary ETF	-11.97%	1.19B	Jun 2000	CARZ vs IYC
BEDZ	AdvisorShares Hotel ETF	-12.06%	2.99M	Apr 2021	CARZ vs BEDZ

Other ETFs from First Trust

The 10 most viewed First Trust ETFs shown here include CIBR, GRID, AIRR and span 16 categories. AUM among these funds goes as high as $25B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CIBR	First Trust NASDAQ Cybersecurity ETF	Cybersecurity, Technology Equities	39	28.86%	14.31B	Jul 2015	CARZ vs CIBR
GRID	First Trust NASDAQ Clean Edge Smart Grid Infrastru...	Infrastructure Equities, Alternative Energy Equities, Energy Equities	49	17.75%	11.67B	Nov 2009	CARZ vs GRID
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	54	19.12%	10.18B	Mar 2014	CARZ vs AIRR
NFTY	First Trust India NIFTY 50 Equal Weight ETF	India Equities, Equal Weight, Asia Pacific Equities	8	-5.91%	118.19M	Feb 2012	CARZ vs NFTY
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	92	18.16%	7.77B	Mar 2006	CARZ vs FDL
IGLD	FT Vest Gold Strategy Target Income ETF	Gold, Derivative Income, Precious Metals	25	-6.56%	514.13M	Mar 2021	CARZ vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	91	67.20%	1.27B	Sep 2016	CARZ vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	43	14.88%	4.18B	Aug 2012	CARZ vs TDIV
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities, Energy Equities	39	10.48%	586.61M	Feb 2007	CARZ vs QCLN
RDVY	First Trust Rising Dividend Achievers ETF	Dividend, Large Cap Blend Equities	85	17.25%	24.89B	Jan 2014	CARZ vs RDVY

Often Compared With CARZ

Investors most often compare CARZ with VCAR, XTN, IDRV. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VCAR	Simplify Volt RoboCar Disruption and Tech ETF	Consumer Discretionary Equities	4	-29.86%	14.25M	Dec 2020	CARZ vs VCAR
XTN	SPDR S&P Transportation ETF	Industrials Equities	49	19.69%	388.08M	Jan 2011	CARZ vs XTN
IDRV	iShares Self-Driving EV and Tech ETF	Technology Equities	21	-5.02%	132.99M	Apr 2019	CARZ vs IDRV
XLK	State Street Technology Select Sector SPDR ETF	Technology Equities	55	22.09%	115.56B	Dec 1998	CARZ vs XLK
QQQ	Invesco QQQ ETF	Nasdaq-100	49	12.26%	452.80B	Mar 1999	CARZ vs QQQ
SMH	VanEck Semiconductor ETF	Semiconductors, Technology Equities	87	50.09%	68.10B	Dec 2011	CARZ vs SMH
COWZ	Pacer US Cash Cows 100 ETF	Mid Cap Value Equities, Dividend	85	11.74%	17.98B	Dec 2016	CARZ vs COWZ
VOO	Vanguard S&P 500 ETF	S&P 500	68	10.16%	1.70T	Sep 2010	CARZ vs VOO
GM	General Motors Company		92	9.77%	—	—	CARZ vs GM
JETS	U.S. Global Jets ETF	Industrials Equities	39	11.44%	851.43M	Apr 2015	CARZ vs JETS
KARS	KraneShares Electric Vehicles and Future Mobility ...	Industrials Equities	34	-3.13%	77.51M	Jan 2018	CARZ vs KARS
EATZ	AdvisorShares Restaurant ETF	Consumer Discretionary Equities	—	—	1.86M	Apr 2021	CARZ vs EATZ
RSPD	Invesco S&P 500 Equal Weight Consumer Discretionar...	Consumer Discretionary Equities, S&P 500, Equal Weight	16	0.13%	328.92M	Nov 2006	CARZ vs RSPD
RXI	iShares Global Consumer Discretionary ETF	Consumer Discretionary Equities	21	-1.88%	270.14M	Sep 2006	CARZ vs RXI
ONLN	ProShares Online Retail ETF	Consumer Discretionary Equities	18	0.64%	64.81M	Jul 2018	CARZ vs ONLN
FXD	First Trust Consumer Discretionary AlphaDEX Fund	Consumer Discretionary Equities	22	2.67%	269.16M	May 2007	CARZ vs FXD
PEZ	Invesco DWA Consumer Cyclicals Momentum ETF	Momentum, Consumer Discretionary Equities	14	-1.42%	22.46M	Oct 2006	CARZ vs PEZ
BETZ	Roundhill Sports Betting & iGaming ETF	Consumer Discretionary Equities, Gaming	4	-8.87%	49.78M	Jun 2020	CARZ vs BETZ
TMH	Toyota Motor Corporation ADRhedged	Consumer Discretionary Equities	—	—	1.16M	Mar 2025	CARZ vs TMH
AWAY	ETFMG Travel Tech ETF	Consumer Discretionary Equities	6	-6.65%	24.24M	Feb 2020	CARZ vs AWAY

Compare CARZ with Any Fund or Stock

Compare CARZ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

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Pair CARZ with funds that move differently

First Trust NASDAQ Global Auto Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CARZ.

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First Trust NASDAQ Global Auto Index Fund (CARZ) Alternatives