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CARZ vs. TRUD
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CARZ vs. TRUD

Last updated Jun 4, 2026

CARZ (First Trust NASDAQ Global Auto Index Fund) and TRUD (VanEck Consumer Discretionary TruSector ETF) are both Consumer Discretionary Equities funds. CARZ is passively managed, while TRUD is actively managed. A 0.63 correlation means they provide meaningful diversification when combined. CARZ charges 0.70%/yr vs 0.16%/yr for TRUD.

Performance

CARZ vs. TRUD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust NASDAQ Global Auto Index Fund (CARZ) and VanEck Consumer Discretionary TruSector ETF (TRUD). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, CARZ achieves a 57.52% return, which is significantly higher than TRUD's -0.40% return.

CARZ

1D
-0.37%
1M
19.08%
YTD
57.52%
6M
60.74%
1Y
116.25%
3Y*
34.19%
5Y*
16.32%
10Y*
16.49%

TRUD

1D
-1.06%
1M
-2.09%
YTD
-0.40%
6M
-0.46%
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

CARZ vs. TRUD - Yearly Performance Comparison

2026 (YTD)2025
CARZ
First Trust NASDAQ Global Auto Index Fund		57.52%20.59%
TRUD
VanEck Consumer Discretionary TruSector ETF		-0.40%6.73%

Correlation

The correlation between CARZ and TRUD is 0.63, 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 Aug 22, 2025

0.63

CARZ vs. TRUD - Sectors Allocation Comparison

Sectors
CARZ
TRUD

Technology

60.6%
0.2%

Consumer Cyclical

19.5%
48.4%

Industrials

8.1%
0.0%

Basic Materials

6.6%

-

Communication Services

5.1%
0.3%

Consumer Defensive

-

-

Energy

-

-

Financial Services

-

51.3%

Healthcare

-

-

Real Estate

-

-

Utilities

-

-

Technology

CARZ
60.6%
TRUD
0.2%

Consumer Cyclical

CARZ
19.5%
TRUD
48.4%

Industrials

CARZ
8.1%
TRUD
0.0%

Basic Materials

CARZ
6.6%
TRUD

-

Communication Services

CARZ
5.1%
TRUD
0.3%

Consumer Defensive

CARZ

-

TRUD

-

Energy

CARZ

-

TRUD

-

Financial Services

CARZ

-

TRUD
51.3%

Healthcare

CARZ

-

TRUD

-

Real Estate

CARZ

-

TRUD

-

Utilities

CARZ

-

TRUD

-

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First Trust NASDAQ Global Auto Index Fund

VanEck Consumer Discretionary TruSector ETF

Often compared with CARZ:
CARZ vs. VCARCARZ vs. XTNCARZ vs. VCRCARZ vs. XLKCARZ vs. IDRVCARZ vs. QQQCARZ vs. SMH
Often compared with TRUD:
TRUD vs. GXPDTRUD vs. MOATTRUD vs. REMXTRUD vs. TMHTRUD vs. IYCTRUD vs. ONLNTRUD vs. DVXY

Return for Risk

CARZ vs. TRUD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CARZ
CARZ Risk / Return Rank: 9595
Overall Rank
CARZ Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
CARZ Sortino Ratio Rank: 9595
Sortino Ratio Rank
CARZ Omega Ratio Rank: 9494
Omega Ratio Rank
CARZ Calmar Ratio Rank: 9595
Calmar Ratio Rank
CARZ Martin Ratio Rank: 9595
Martin Ratio Rank
TRUD
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CARZ vs. TRUD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust NASDAQ Global Auto Index Fund (CARZ) and VanEck Consumer Discretionary TruSector ETF (TRUD). 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.

CARZTRUDDifference
Sharpe ratioReturn per unit of total volatility
4.53

—

—

Sortino ratioReturn per unit of downside risk
5.19

—

—

Omega ratioGain probability vs. loss probability

1.70

—

—

Calmar ratioReturn relative to maximum drawdown

8.10

—

—

Martin ratioReturn relative to average drawdown

32.71

—

—

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CARZ vs. TRUD - Sharpe Ratio Comparison

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Sharpe Ratios by Period

CARZTRUDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

4.53

—

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.58

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.63

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.46

0.40

+0.06

Drawdowns

CARZ vs. TRUD - Drawdown Comparison

The maximum CARZ drawdown since its inception was -51.20%, which is greater than TRUD's maximum drawdown of -15.96%. Use the drawdown chart below to compare losses from any high point for CARZ and TRUD.

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Drawdown Indicators

CARZTRUDDifference

Max Drawdown

Largest peak-to-trough decline

-51.20%

-15.96%

-35.24%

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 Drawdown

Current decline from peak

-0.37%

-5.31%

+4.94%

Average Drawdown

Average peak-to-trough decline

-12.90%

-4.32%

-8.58%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.57%

—

—

Volatility

CARZ vs. TRUD - Volatility Comparison

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Volatility by Period

CARZTRUDDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.14%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

20.31%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

25.79%

20.62%

+5.17%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

28.11%

20.62%

+7.49%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

26.27%

20.62%

+5.65%

CARZ vs. TRUD - Expense Ratio Comparison

CARZ has a 0.70% expense ratio, which is higher than TRUD's 0.16% expense ratio.

Dividends

CARZ vs. TRUD - Dividend Comparison

CARZ's dividend yield for the trailing twelve months is around 1.35%, more than TRUD's 0.34% yield.

PositionTTM20252024202320222021202020192018201720162015
CARZ
First Trust NASDAQ Global Auto Index Fund		1.35%2.13%1.17%1.40%1.59%2.25%0.63%3.23%2.85%2.11%2.47%1.64%
TRUD
VanEck Consumer Discretionary TruSector ETF		0.34%0.17%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 TRUD have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, TRUD is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.

TRUD is cheaper with a 0.16% expense ratio, compared with 0.70% for CARZ.

CARZ has the higher dividend yield at 1.35%, compared with 0.34% for TRUD.

They also come from different issuers: First Trust and VanEck. Their fees differ too: 0.70% for CARZ and 0.16% for TRUD.

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