XTN vs. CARZ
Compare and contrast key facts about SPDR S&P Transportation ETF (XTN) and First Trust NASDAQ Global Auto Index Fund (CARZ).
XTN and CARZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. 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 XTN 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: XTN or CARZ.
Key characteristics
| XTN | CARZ | |
|---|---|---|
| YTD Return | -6.75% | -0.24% |
| 1Y Return | 7.09% | 21.30% |
| 3Y Return (Ann) | -4.13% | 2.06% |
| 5Y Return (Ann) | 5.03% | 12.04% |
| 10Y Return (Ann) | 6.88% | 5.82% |
| Sharpe Ratio | 0.39 | 1.00 |
| Daily Std Dev | 20.71% | 21.22% |
| Max Drawdown | -43.77% | -51.20% |
| Current Drawdown | -19.66% | -10.82% |
Correlation
The correlation between XTN and CARZ 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
XTN vs. CARZ - Performance Comparison
In the year-to-date period, XTN achieves a -6.75% return, which is significantly lower than CARZ's -0.24% return. Over the past 10 years, XTN has outperformed CARZ with an annualized return of 6.88%, while CARZ has yielded a comparatively lower 5.82% 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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XTN vs. CARZ - Expense Ratio Comparison
XTN has a 0.35% expense ratio, which is lower than CARZ's 0.70% expense ratio.
Risk-Adjusted Performance
XTN vs. CARZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Transportation ETF (XTN) 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
XTN vs. CARZ - Dividend Comparison
XTN's dividend yield for the trailing twelve months is around 0.83%, less than CARZ's 1.34% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XTN SPDR S&P Transportation ETF | 0.83% | 0.73% | 1.04% | 1.02% | 0.75% | 1.17% | 0.98% | 0.63% | 0.66% | 1.03% | 0.39% | 0.42% |
CARZ First Trust NASDAQ Global Auto Index Fund | 1.34% | 1.40% | 1.59% | 2.25% | 0.63% | 3.23% | 2.85% | 2.11% | 2.47% | 1.64% | 1.70% | 0.73% |
Drawdowns
XTN vs. CARZ - Drawdown Comparison
The maximum XTN drawdown since its inception was -43.77%, smaller than the maximum CARZ drawdown of -51.20%. Use the drawdown chart below to compare losses from any high point for XTN and CARZ. For additional features, visit the drawdowns tool.
Volatility
XTN vs. CARZ - Volatility Comparison
The current volatility for SPDR S&P Transportation ETF (XTN) is 6.71%, while First Trust NASDAQ Global Auto Index Fund (CARZ) has a volatility of 7.53%. This indicates that XTN experiences smaller price fluctuations and is considered to be less risky than CARZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.