CARZ vs. VCR
Compare and contrast key facts about First Trust NASDAQ Global Auto Index Fund (CARZ) and Vanguard Consumer Discretionary ETF (VCR).
CARZ and VCR 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. VCR is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Consumer Discretionary 25/50 Index. It was launched on Jan 26, 2004. Both CARZ and VCR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CARZ or VCR.
Key characteristics
| CARZ | VCR | |
|---|---|---|
| YTD Return | 1.84% | 21.77% |
| 1Y Return | 10.75% | 32.29% |
| 3Y Return (Ann) | -2.38% | 3.05% |
| 5Y Return (Ann) | 12.58% | 16.45% |
| 10Y Return (Ann) | 6.52% | 14.06% |
| Sharpe Ratio | 0.47 | 2.06 |
| Sortino Ratio | 0.78 | 2.79 |
| Omega Ratio | 1.09 | 1.35 |
| Calmar Ratio | 0.54 | 1.84 |
| Martin Ratio | 1.56 | 10.61 |
| Ulcer Index | 6.89% | 3.50% |
| Daily Std Dev | 23.06% | 17.96% |
| Max Drawdown | -51.20% | -61.54% |
| Current Drawdown | -8.96% | -0.44% |
Correlation
The correlation between CARZ and VCR is 0.69, 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.
Performance
CARZ vs. VCR - Performance Comparison
In the year-to-date period, CARZ achieves a 1.84% return, which is significantly lower than VCR's 21.77% return. Over the past 10 years, CARZ has underperformed VCR with an annualized return of 6.52%, while VCR has yielded a comparatively higher 14.06% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CARZ vs. VCR - Expense Ratio Comparison
CARZ has a 0.70% expense ratio, which is higher than VCR's 0.10% expense ratio.
Risk-Adjusted Performance
CARZ vs. VCR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust NASDAQ Global Auto Index Fund (CARZ) and Vanguard Consumer Discretionary ETF (VCR). 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.
Dividends
CARZ vs. VCR - Dividend Comparison
CARZ's dividend yield for the trailing twelve months is around 1.06%, more than VCR's 0.74% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CARZ First Trust NASDAQ Global Auto Index Fund | 1.06% | 1.40% | 1.59% | 2.26% | 0.63% | 3.23% | 2.85% | 2.10% | 2.48% | 1.64% | 1.69% | 0.73% |
VCR Vanguard Consumer Discretionary ETF | 0.74% | 0.84% | 0.98% | 0.79% | 1.71% | 1.17% | 1.37% | 1.21% | 1.60% | 1.32% | 1.23% | 0.84% |
Drawdowns
CARZ vs. VCR - Drawdown Comparison
The maximum CARZ drawdown since its inception was -51.20%, smaller than the maximum VCR drawdown of -61.54%. Use the drawdown chart below to compare losses from any high point for CARZ and VCR. For additional features, visit the drawdowns tool.
Volatility
CARZ vs. VCR - Volatility Comparison
The current volatility for First Trust NASDAQ Global Auto Index Fund (CARZ) is 4.71%, while Vanguard Consumer Discretionary ETF (VCR) has a volatility of 6.10%. This indicates that CARZ experiences smaller price fluctuations and is considered to be less risky than VCR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.