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 20 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%	1.80B	Oct 2013	CARZ vs FDIS
VCR	Vanguard Consumer Discretionary ETF	0.10%	6.90B	Jan 2004	CARZ vs VCR
XLY	Consumer Discretionary Select Sector SPDR Fund	0.13%	22.22B	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%	31.58M	Aug 2025	CARZ vs TRUD

Best Risk-Adjusted Alternatives to CARZ

CARZ has a PortfoliosLab risk / return rank of 92. No ETFs in the Consumer Discretionary Equities category have higher risk-adjusted ranks; the top alternatives shown here go as high as 37.

Symbol	Name	Risk / Return Rank	AUM	Inception
BEDZ	AdvisorShares Hotel ETF	37	2.60M	Apr 2021	CARZ vs BEDZ
PEJ	Invesco Dynamic Leisure & Entertainment ETF	33	265.13M	Jun 2005	CARZ vs PEJ
RTH	VanEck Vectors Retail ETF	25	254.50M	Dec 2011	CARZ vs RTH
PSCD	Invesco S&P SmallCap Consumer Discretionary ETF	20	23.08M	Apr 2010	CARZ vs PSCD
XRT	SPDR S&P Retail ETF	19	498.78M	Jun 2006	CARZ vs XRT

Top Performing CARZ Alternatives (YTD)

CARZ is at 45.91% YTD. No ETFs in the Consumer Discretionary Equities category have higher YTD returns; the top-performing alternatives shown here go as high as 10.82%.

Symbol	Name	YTD Return	AUM	Inception
BEDZ	AdvisorShares Hotel ETF	10.82%	2.60M	Apr 2021	CARZ vs BEDZ
PSCD	Invesco S&P SmallCap Consumer Discretionary ETF	9.16%	23.08M	Apr 2010	CARZ vs PSCD
PEJ	Invesco Dynamic Leisure & Entertainment ETF	6.49%	265.13M	Jun 2005	CARZ vs PEJ
VICE	AdvisorShares Vice ETF	4.29%	7.33M	Dec 2017	CARZ vs VICE
RTH	VanEck Vectors Retail ETF	2.29%	254.50M	Dec 2011	CARZ vs RTH

Lowest Volatility Alternatives to CARZ

CARZ has 29.42% 1-year volatility. There are 25 ETFs in the Consumer Discretionary Equities category with lower 1-year volatility, going as low as 12.40%.

Symbol	Name	Volatility 1Y	AUM	Inception
RTH	VanEck Vectors Retail ETF	12.40%	254.50M	Dec 2011	CARZ vs RTH
VICE	AdvisorShares Vice ETF	13.27%	7.33M	Dec 2017	CARZ vs VICE
IEDI	iShares Evolved U.S. Discretionary Spending ETF	13.66%	27.61M	Mar 2018	CARZ vs IEDI
IYC	iShares U.S. Consumer Discretionary ETF	14.65%	1.17B	Jun 2000	CARZ vs IYC
RXI	iShares Global Consumer Discretionary ETF	16.71%	255.30M	Sep 2006	CARZ vs RXI

Lowest Drawdown Alternatives to CARZ

CARZ has a 1-year max drawdown of -14.44%. There are 9 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 Vectors Retail ETF	-7.83%	254.50M	Dec 2011	CARZ vs RTH
IEDI	iShares Evolved U.S. Discretionary Spending ETF	-9.44%	27.61M	Mar 2018	CARZ vs IEDI
PEJ	Invesco Dynamic Leisure & Entertainment ETF	-10.29%	265.13M	Jun 2005	CARZ vs PEJ
IYC	iShares U.S. Consumer Discretionary ETF	-11.97%	1.17B	Jun 2000	CARZ vs IYC
BEDZ	AdvisorShares Hotel ETF	-12.06%	2.60M	Apr 2021	CARZ vs BEDZ

Other ETFs from First Trust

The 10 most viewed First Trust ETFs shown here include CIBR, GRID, NFTY and span 13 categories. AUM among these funds goes as high as $14B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CIBR	First Trust NASDAQ Cybersecurity ETF	Cybersecurity, Technology Equities	18	18.06%	13.59B	Jul 2015	CARZ vs CIBR
GRID	First Trust NASDAQ Clean Edge Smart Grid Infrastru...	Alternative Energy Equities	65	23.40%	11.60B	Nov 2009	CARZ vs GRID
NFTY	First Trust India NIFTY 50 Equal Weight ETF	Asia Pacific Equities, Equal Weight	5	-7.30%	136.58M	Feb 2012	CARZ vs NFTY
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	79	31.81%	11.14B	Mar 2014	CARZ vs AIRR
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	69	12.67%	9.22B	Mar 2006	CARZ vs FDL
IGLD	FT Vest Gold Strategy Target Income ETF	Gold, Derivative Income, Precious Metals	18	-5.55%	543.16M	Mar 2021	CARZ vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	96	111.02%	2.89B	Sep 2016	CARZ vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	53	19.03%	4.90B	Aug 2012	CARZ vs TDIV
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities	78	37.20%	880.41M	Feb 2007	CARZ vs QCLN
KNG	FT Vest S&P 500 Dividend Aristocrats Target Income...	Dividend, S&P 500	27	4.84%	3.32B	Mar 2018	CARZ vs KNG

Often Compared With CARZ

Investors most often compare CARZ with VCAR, XTN, IDRV. These 20 comparison targets span 12 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	5	-12.28%	14.25M	Dec 2020	CARZ vs VCAR
XTN	SPDR S&P Transportation ETF	Transportation Equities	50	24.64%	234.40M	Jan 2011	CARZ vs XTN
IDRV	iShares Self-Driving EV and Tech ETF	Technology Equities	36	1.49%	149.71M	Apr 2019	CARZ vs IDRV
XLK	State Street Technology Select Sector SPDR ETF	Technology Equities	66	28.25%	130.33B	Dec 1998	CARZ vs XLK
QQQ	Invesco QQQ ETF	Nasdaq-100	59	16.45%	493.17B	Mar 1999	CARZ vs QQQ
SMH	VanEck Semiconductor ETF	Semiconductors, Technology Equities	94	72.73%	84.54B	Dec 2011	CARZ vs SMH
COWZ	Pacer US Cash Cows 100 ETF	Mid Cap Value Equities, Dividend	45	3.27%	18.08B	Dec 2016	CARZ vs COWZ
VOO	Vanguard S&P 500 ETF	S&P 500	59	8.19%	1.70T	Sep 2010	CARZ vs VOO
GM	General Motors Company		87	-2.47%	—	—	CARZ vs GM
JETS	U.S. Global Jets ETF	Industrials Equities	37	11.08%	935.57M	Apr 2015	CARZ vs JETS
KARS	KraneShares Electric Vehicles and Future Mobility ...	Industrials Equities	58	5.04%	100.52M	Jan 2018	CARZ vs KARS
RSPD	Invesco S&P 500 Equal Weight Consumer Discretionar...	Consumer Discretionary Equities, S&P 500, Equal Weight	14	-3.06%	310.82M	Nov 2006	CARZ vs RSPD
EATZ	AdvisorShares Restaurant ETF	Consumer Discretionary Equities	—	—	1.86M	Apr 2021	CARZ vs EATZ
ONLN	ProShares Online Retail ETF	Consumer Discretionary Equities	15	-8.58%	63.70M	Jul 2018	CARZ vs ONLN
AWAY	ETFMG Travel Tech ETF	Consumer Discretionary Equities	4	-15.46%	24.33M	Feb 2020	CARZ vs AWAY
FXD	First Trust Consumer Discretionary AlphaDEX Fund	Consumer Discretionary Equities	18	0.06%	265.71M	May 2007	CARZ vs FXD
BETZ	Roundhill Sports Betting & iGaming ETF	Consumer Discretionary Equities, Gaming	5	-10.44%	48.55M	Jun 2020	CARZ vs BETZ
ISHP	First Trust S-Network Global E-Commerce ETF	Consumer Discretionary Equities	3	-16.46%	5.04M	Sep 2016	CARZ vs ISHP
PEZ	Invesco DWA Consumer Cyclicals Momentum ETF	Momentum, Consumer Discretionary Equities	13	-1.19%	23.70M	Oct 2006	CARZ vs PEZ
TMH	Toyota Motor Corporation ADRhedged	Consumer Discretionary Equities	—	—	1.16M	Mar 2025	CARZ vs TMH

Compare CARZ with Any Fund or Stock

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

Symbol name

Diversifiers

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.

Explore CARZ Diversifiers

First Trust NASDAQ Global Auto Index Fund (CARZ) Alternatives