TRUD vs. CARZ

Last updated Jun 4, 2026

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

Performance

TRUD vs. CARZ - Performance Comparison

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

Returns By Period

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

TRUD

• 1D: -1.06%
• 1M: -2.09%
• YTD: -0.40%
• 6M: -0.46%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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%

*Multi-year figures are annualized to reflect compound growth (CAGR)

TRUD vs. CARZ - Yearly Performance Comparison

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

Correlation

The correlation between TRUD and CARZ 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

TRUD vs. CARZ - Sectors Allocation Comparison

Sectors	TRUD	CARZ
Financial Services	51.3%	-
Consumer Cyclical	48.4%	19.5%
Communication Services	0.3%	5.1%
Technology	0.2%	60.6%
Industrials	0.0%	8.1%
Basic Materials	-	6.6%
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

TRUD vs. CARZ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CARZ

CARZ Risk / Return Rank: 95
CARZ Sharpe Ratio Rank: 97
CARZ Sortino Ratio Rank: 95
CARZ Omega Ratio Rank: 94
CARZ Calmar Ratio Rank: 95
CARZ Martin Ratio Rank: 95

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.

TRUD vs. CARZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Consumer Discretionary TruSector ETF (TRUD) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	TRUD	CARZ	Difference
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	0.40	0.46	-0.06

Drawdowns

TRUD vs. CARZ - Drawdown Comparison

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

Drawdown Indicators

	TRUD	CARZ	Difference
Max Drawdown Largest peak-to-trough decline	-15.96%	-51.20%	+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	-5.31%	-0.37%	-4.94%
Average Drawdown Average peak-to-trough decline	-4.32%	-12.90%	+8.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.57%	—

Volatility

Volatility by Period

	TRUD	CARZ	Difference
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	20.62%	25.79%	-5.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.62%	28.11%	-7.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.62%	26.27%	-5.65%

TRUD vs. CARZ - Expense Ratio Comparison

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

Dividends

TRUD vs. CARZ - Dividend Comparison

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

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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

Can I hold both TRUD and CARZ in my portfolio?

TRUD and CARZ 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.

Which ETF is better, TRUD or CARZ?

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.

Which ETF is cheaper, TRUD or CARZ?

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

Which ETF pays a higher dividend yield, TRUD or CARZ?

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

What is the main difference between TRUD and CARZ?

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