CARZ vs. XTN
Compare and contrast key facts about First Trust NASDAQ Global Auto Index Fund (CARZ) and SPDR S&P Transportation ETF (XTN).
CARZ and XTN 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. XTN is a passively managed fund by State Street that tracks the performance of the S&P Transportation Select Industry Index. It was launched on Jan 26, 2011. Both CARZ and XTN 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 XTN.
Key characteristics
| CARZ | XTN | |
|---|---|---|
| YTD Return | 2.63% | 11.55% |
| 1Y Return | 16.52% | 34.57% |
| 3Y Return (Ann) | -2.26% | -0.80% |
| 5Y Return (Ann) | 12.86% | 8.55% |
| 10Y Return (Ann) | 6.54% | 7.11% |
| Sharpe Ratio | 0.70 | 1.56 |
| Sortino Ratio | 1.08 | 2.32 |
| Omega Ratio | 1.13 | 1.27 |
| Calmar Ratio | 0.77 | 1.22 |
| Martin Ratio | 2.39 | 5.65 |
| Ulcer Index | 6.85% | 6.16% |
| Daily Std Dev | 23.46% | 22.33% |
| Max Drawdown | -51.20% | -43.77% |
| Current Drawdown | -8.25% | -3.89% |
Correlation
The correlation between CARZ and XTN is 0.60, 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. XTN - Performance Comparison
In the year-to-date period, CARZ achieves a 2.63% return, which is significantly lower than XTN's 11.55% return. Over the past 10 years, CARZ has underperformed XTN with an annualized return of 6.54%, while XTN has yielded a comparatively higher 7.11% 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. XTN - Expense Ratio Comparison
CARZ has a 0.70% expense ratio, which is higher than XTN's 0.35% expense ratio.
Risk-Adjusted Performance
CARZ vs. XTN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust NASDAQ Global Auto Index Fund (CARZ) and SPDR S&P Transportation ETF (XTN). 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. XTN - Dividend Comparison
CARZ's dividend yield for the trailing twelve months is around 1.06%, more than XTN's 0.75% 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% |
XTN SPDR S&P Transportation ETF | 0.75% | 0.73% | 1.04% | 1.02% | 0.75% | 1.17% | 0.98% | 0.64% | 0.66% | 1.03% | 0.39% | 0.42% |
Drawdowns
CARZ vs. XTN - Drawdown Comparison
The maximum CARZ drawdown since its inception was -51.20%, which is greater than XTN's maximum drawdown of -43.77%. Use the drawdown chart below to compare losses from any high point for CARZ and XTN. For additional features, visit the drawdowns tool.
Volatility
CARZ vs. XTN - Volatility Comparison
The current volatility for First Trust NASDAQ Global Auto Index Fund (CARZ) is 5.18%, while SPDR S&P Transportation ETF (XTN) has a volatility of 8.39%. This indicates that CARZ experiences smaller price fluctuations and is considered to be less risky than XTN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.