CARZ vs. KLXY
Compare and contrast key facts about First Trust NASDAQ Global Auto Index Fund (CARZ) and Kraneshares Global Luxury Index ETF (KLXY).
CARZ and KLXY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CARZ is a passively managed fund by First Trust that tracks the performance of the NASDAQ OMX Global Automobile (TR). It was launched on May 9, 2011. KLXY is a passively managed fund by KraneShares that tracks the performance of the Solactive Global Luxury Index - Benchmark TR Net. It was launched on Sep 6, 2023. Both CARZ and KLXY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
CARZ vs. KLXY - Performance Comparison
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CARZ vs. KLXY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CARZ First Trust NASDAQ Global Auto Index Fund | 3.74% | 37.18% | 3.26% | 7.53% |
KLXY Kraneshares Global Luxury Index ETF | -0.86% | 13.69% | -6.39% | 2.48% |
Returns By Period
In the year-to-date period, CARZ achieves a 3.74% return, which is significantly higher than KLXY's -0.86% return.
CARZ
- 1D
- 5.11%
- 1M
- -8.16%
- YTD
- 3.74%
- 6M
- 12.72%
- 1Y
- 54.64%
- 3Y*
- 18.45%
- 5Y*
- 8.71%
- 10Y*
- 11.68%
KLXY
- 1D
- 0.00%
- 1M
- -0.79%
- YTD
- -0.86%
- 6M
- 3.72%
- 1Y
- 16.03%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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CARZ vs. KLXY - Expense Ratio Comparison
CARZ has a 0.70% expense ratio, which is higher than KLXY's 0.69% expense ratio.
Return for Risk
CARZ vs. KLXY — Risk / Return Rank
CARZ
KLXY
CARZ vs. KLXY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust NASDAQ Global Auto Index Fund (CARZ) and Kraneshares Global Luxury Index ETF (KLXY). 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.
| CARZ | KLXY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.80 | 0.50 | +1.30 |
Sortino ratioReturn per unit of downside risk | 2.45 | 0.88 | +1.56 |
Omega ratioGain probability vs. loss probability | 1.34 | 1.11 | +0.23 |
Calmar ratioReturn relative to maximum drawdown | 3.10 | 0.63 | +2.48 |
Martin ratioReturn relative to average drawdown | 12.53 | 2.48 | +10.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CARZ | KLXY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.80 | 0.50 | +1.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.15 | +0.19 |
Correlation
The correlation between CARZ and KLXY is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
CARZ vs. KLXY - Dividend Comparison
CARZ's dividend yield for the trailing twelve months is around 2.06%, more than KLXY's 0.85% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CARZ First Trust NASDAQ Global Auto Index Fund | 2.06% | 2.13% | 1.17% | 1.40% | 1.59% | 2.25% | 0.63% | 3.23% | 2.85% | 2.11% | 2.47% | 1.64% |
KLXY Kraneshares Global Luxury Index ETF | 0.85% | 0.84% | 0.74% | 0.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CARZ vs. KLXY - Drawdown Comparison
The maximum CARZ drawdown since its inception was -51.20%, which is greater than KLXY's maximum drawdown of -26.57%. Use the drawdown chart below to compare losses from any high point for CARZ and KLXY.
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Drawdown Indicators
| CARZ | KLXY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.20% | -26.57% | -24.63% |
Max Drawdown (1Y)Largest decline over 1 year | -16.91% | -14.06% | -2.85% |
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 | -10.07% | -3.20% | -6.87% |
Average DrawdownAverage peak-to-trough decline | -13.03% | -8.13% | -4.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.19% | 4.07% | +0.12% |
Volatility
CARZ vs. KLXY - Volatility Comparison
First Trust NASDAQ Global Auto Index Fund (CARZ) has a higher volatility of 11.13% compared to Kraneshares Global Luxury Index ETF (KLXY) at 3.97%. This indicates that CARZ's price experiences larger fluctuations and is considered to be riskier than KLXY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CARZ | KLXY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.13% | 3.97% | +7.16% |
Volatility (6M)Calculated over the trailing 6-month period | 19.44% | 12.89% | +6.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.54% | 23.28% | +7.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.64% | 20.80% | +6.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.03% | 20.80% | +5.23% |