CARZ vs. GXPD
CARZ (First Trust NASDAQ Global Auto Index Fund) and GXPD (Global X PureCap MSCI Consumer Discretionary ETF) are both Consumer Discretionary Equities funds - CARZ tracks the NASDAQ OMX Global Automobile (TR) while GXPD tracks the MSCI USA Consumer Discretionary PureCap Index. Both are passively managed. A 0.59 correlation means they provide meaningful diversification when combined. CARZ charges 0.70%/yr vs 0.15%/yr for GXPD.
Performance
CARZ vs. GXPD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CARZ achieves a 37.83% return, which is significantly higher than GXPD's -1.32% return.
CARZ
- 1D
- -3.25%
- 1M
- -7.39%
- 6M
- 28.29%
- YTD
- 37.83%
- 1Y
- 72.79%
- 3Y*
- 24.42%
- 5Y*
- 14.20%
- 10Y*
- 14.96%
GXPD
- 1D
- -0.68%
- 1M
- 0.93%
- 6M
- -5.91%
- YTD
- -1.32%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CARZ vs. GXPD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CARZ First Trust NASDAQ Global Auto Index Fund | 37.83% | 22.00% |
GXPD Global X PureCap MSCI Consumer Discretionary ETF | -1.32% | 5.36% |
Correlation
The correlation between CARZ and GXPD is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025 | 0.59 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CARZ vs. GXPD — Risk / Return Rank
CARZ
GXPD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
CARZ vs. GXPD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust NASDAQ Global Auto Index Fund (CARZ) and Global X PureCap MSCI Consumer Discretionary ETF (GXPD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CARZ | GXPD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.40 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 5.07 | — | — |
| Martin ratioReturn relative to average drawdown | 16.53 | — | — |
Loading charts...
Drawdowns
CARZ vs. GXPD - Drawdown Comparison
The maximum CARZ drawdown since its inception was -51.20%, which is greater than GXPD's maximum drawdown of -16.61%. Use the drawdown chart below to compare losses from any high point for CARZ and GXPD.
Loading charts...
Drawdown Indicators
| CARZ | GXPD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.20% | -16.61% | -34.59% |
Max Drawdown (1Y)Largest decline over 1 year | -14.44% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -27.84% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -40.30% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -51.20% | — | — |
Current DrawdownCurrent decline from peak | -12.82% | -5.91% | -6.91% |
Average DrawdownAverage peak-to-trough decline | -12.86% | -4.50% | -8.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.42% | — | — |
Volatility
CARZ vs. GXPD - Volatility Comparison
Loading charts...
Volatility by Period
| CARZ | GXPD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.06% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 26.56% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 30.58% | 20.40% | +10.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.09% | 20.40% | +8.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.63% | 20.40% | +6.23% |
CARZ vs. GXPD - Expense Ratio Comparison
CARZ has a 0.70% expense ratio, which is higher than GXPD's 0.15% expense ratio.
Dividends
CARZ vs. GXPD - Dividend Comparison
CARZ's dividend yield for the trailing twelve months is around 1.27%, more than GXPD's 0.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CARZ First Trust NASDAQ Global Auto Index Fund | 1.27% | 2.13% | 1.17% | 1.40% | 1.59% | 2.25% | 0.63% | 3.23% | 2.85% | 2.11% | 2.47% | 1.64% |
GXPD Global X PureCap MSCI Consumer Discretionary ETF | 0.34% | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CARZ and GXPD have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GXPD is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GXPD is cheaper with a 0.15% expense ratio, compared with 0.70% for CARZ.
CARZ has the higher dividend yield at 1.27%, compared with 0.34% for GXPD.
CARZ tracks NASDAQ OMX Global Automobile (TR), while GXPD tracks MSCI USA Consumer Discretionary PureCap Index. They also come from different issuers: First Trust and Global X. Their fees differ too: 0.70% for CARZ and 0.15% for GXPD.
Find the right allocation for CARZ and GXPD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer