VCAR vs. CARZ
Compare and contrast key facts about Simplify Volt RoboCar Disruption and Tech ETF (VCAR) and First Trust NASDAQ Global Auto Index Fund (CARZ).
VCAR and CARZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VCAR is an actively managed fund by Simplify Asset Management Inc.. It was launched on Dec 28, 2020. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VCAR or CARZ.
Key characteristics
| VCAR | CARZ | |
|---|---|---|
| YTD Return | 83.28% | 2.37% |
| 1Y Return | 90.91% | 11.30% |
| 3Y Return (Ann) | 2.65% | -2.35% |
| Sharpe Ratio | 2.06 | 0.69 |
| Sortino Ratio | 3.17 | 1.08 |
| Omega Ratio | 1.42 | 1.13 |
| Calmar Ratio | 1.82 | 0.82 |
| Martin Ratio | 10.67 | 2.36 |
| Ulcer Index | 9.03% | 6.87% |
| Daily Std Dev | 46.81% | 23.46% |
| Max Drawdown | -69.22% | -51.20% |
| Current Drawdown | -9.88% | -8.49% |
Correlation
The correlation between VCAR and CARZ is 0.71, 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.
Performance
VCAR vs. CARZ - Performance Comparison
In the year-to-date period, VCAR achieves a 83.28% return, which is significantly higher than CARZ's 2.37% 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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VCAR vs. CARZ - Expense Ratio Comparison
VCAR has a 0.95% expense ratio, which is higher than CARZ's 0.70% expense ratio.
Risk-Adjusted Performance
VCAR vs. CARZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Volt RoboCar Disruption and Tech ETF (VCAR) 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
VCAR vs. CARZ - Dividend Comparison
VCAR has not paid dividends to shareholders, while CARZ's dividend yield for the trailing twelve months is around 1.06%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VCAR Simplify Volt RoboCar Disruption and Tech ETF | 0.00% | 0.00% | 0.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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% |
Drawdowns
VCAR vs. CARZ - Drawdown Comparison
The maximum VCAR drawdown since its inception was -69.22%, which is greater than CARZ's maximum drawdown of -51.20%. Use the drawdown chart below to compare losses from any high point for VCAR and CARZ. For additional features, visit the drawdowns tool.
Volatility
VCAR vs. CARZ - Volatility Comparison
Simplify Volt RoboCar Disruption and Tech ETF (VCAR) has a higher volatility of 33.46% compared to First Trust NASDAQ Global Auto Index Fund (CARZ) at 4.77%. This indicates that VCAR's price experiences larger fluctuations and is considered to be riskier than CARZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.