CARZ vs. QQQ

In the year-to-date period, CARZ achieves a -18.30% return, which is significantly lower than QQQ's -17.20% return. Over the past 10 years, CARZ has underperformed QQQ with an annualized return of 3.52%, while QQQ has yielded a comparatively higher 15.79% annualized return.

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CARZ has a 0.70% expense ratio, which is higher than QQQ's 0.20% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for First Trust NASDAQ Global Auto Index Fund (CARZ) and Invesco QQQ (QQQ). 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.

The current CARZ Sharpe Ratio is -0.68, which is lower than the QQQ Sharpe Ratio of -0.18. The chart below compares the historical Sharpe Ratios of CARZ and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

CARZ's dividend yield for the trailing twelve months is around 1.29%, more than QQQ's 0.71% yield.

The maximum CARZ drawdown since its inception was -51.20%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for CARZ and QQQ. For additional features, visit the drawdowns tool.

The current volatility for First Trust NASDAQ Global Auto Index Fund (CARZ) is NaN%, while Invesco QQQ (QQQ) has a volatility of NaN%. This indicates that CARZ experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.