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.
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
Key characteristics
CARZ:
0.63
XTN:
0.89
CARZ:
0.99
XTN:
1.42
CARZ:
1.12
XTN:
1.16
CARZ:
0.76
XTN:
0.80
CARZ:
2.06
XTN:
3.01
CARZ:
7.25%
XTN:
6.26%
CARZ:
23.69%
XTN:
21.18%
CARZ:
-51.20%
XTN:
-43.77%
CARZ:
-3.95%
XTN:
-5.98%
Returns By Period
The year-to-date returns for both investments are quite close, with CARZ having a 4.06% return and XTN slightly higher at 4.07%. Over the past 10 years, CARZ has outperformed XTN with an annualized return of 6.86%, while XTN has yielded a comparatively lower 6.51% annualized return.
CARZ
4.06%
4.17%
-0.11%
11.14%
13.71%
6.86%
XTN
4.07%
5.09%
12.72%
15.84%
7.54%
6.51%
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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 Rank
CARZ
XTN
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 1.12%, more than XTN's 0.89% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CARZ First Trust NASDAQ Global Auto Index Fund | 1.12% | 1.17% | 1.40% | 1.59% | 2.26% | 0.63% | 3.23% | 2.85% | 2.10% | 2.48% | 1.64% | 1.69% |
XTN SPDR S&P Transportation ETF | 0.89% | 0.93% | 0.73% | 1.04% | 1.02% | 0.75% | 1.17% | 0.98% | 0.64% | 0.66% | 1.03% | 0.39% |
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
First Trust NASDAQ Global Auto Index Fund (CARZ) has a higher volatility of 8.01% compared to SPDR S&P Transportation ETF (XTN) at 5.33%. This indicates that CARZ's price experiences larger fluctuations and is considered to be riskier than XTN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.