FIVG vs. CARZ
Compare and contrast key facts about Defiance Next Gen Connectivity ETF (FIVG) and First Trust NASDAQ Global Auto Index Fund (CARZ).
FIVG and CARZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FIVG is a passively managed fund by Defiance ETFs that tracks the performance of the MVIS Bluestar 5G Communications Index. It was launched on Mar 4, 2019. 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. Both FIVG and CARZ 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: FIVG or CARZ.
Performance
FIVG vs. CARZ - Performance Comparison
Returns By Period
In the year-to-date period, FIVG achieves a 29.70% return, which is significantly higher than CARZ's 0.23% return.
FIVG
29.70%
2.42%
18.14%
43.14%
14.31%
N/A
CARZ
0.23%
-1.12%
-4.21%
8.79%
12.40%
6.27%
Key characteristics
| FIVG | CARZ | |
|---|---|---|
| Sharpe Ratio | 2.47 | 0.39 |
| Sortino Ratio | 3.16 | 0.68 |
| Omega Ratio | 1.42 | 1.08 |
| Calmar Ratio | 2.00 | 0.46 |
| Martin Ratio | 11.08 | 1.30 |
| Ulcer Index | 4.62% | 6.92% |
| Daily Std Dev | 20.75% | 23.12% |
| Max Drawdown | -34.62% | -51.20% |
| Current Drawdown | 0.00% | -10.40% |
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FIVG vs. CARZ - Expense Ratio Comparison
FIVG has a 0.30% expense ratio, which is lower than CARZ's 0.70% expense ratio.
Correlation
The correlation between FIVG and CARZ is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
FIVG vs. CARZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Next Gen Connectivity ETF (FIVG) and First Trust NASDAQ Global Auto Index Fund (CARZ). 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
FIVG vs. CARZ - Dividend Comparison
FIVG's dividend yield for the trailing twelve months is around 0.88%, less than CARZ's 1.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIVG Defiance Next Gen Connectivity ETF | 0.88% | 1.40% | 0.00% | 1.17% | 0.99% | 0.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CARZ First Trust NASDAQ Global Auto Index Fund | 1.08% | 1.40% | 1.59% | 2.26% | 0.63% | 3.23% | 2.85% | 2.10% | 2.48% | 1.64% | 1.69% | 0.73% |
Drawdowns
FIVG vs. CARZ - Drawdown Comparison
The maximum FIVG drawdown since its inception was -34.62%, smaller than the maximum CARZ drawdown of -51.20%. Use the drawdown chart below to compare losses from any high point for FIVG and CARZ. For additional features, visit the drawdowns tool.
Volatility
FIVG vs. CARZ - Volatility Comparison
Defiance Next Gen Connectivity ETF (FIVG) and First Trust NASDAQ Global Auto Index Fund (CARZ) have volatilities of 5.03% and 4.88%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.