CARZ First Trust NASDAQ Global Auto Index Fund

Price $33.26
Today's Change 0.16 (0.48%)
Today's Volume 3.56 K
3:25pm (ET) 09/27/16

Overall Rating

D

72
as of 09/27/16

Rating Details

67
53
72
Segment Average
  • Overview
  • Efficiency
  • Tradability
  • Fit

CARZ Fund Description

The First Trust NASDAQ Global Auto Index Fund tracks a market-cap-weighted index of global auto manufacturing firms.

CARZ FactSet Analytics Insight

CARZ is not a broad, global automobilehigh holding costs and wide spreads industry fund, but rather a global automakers fund. In another word, it has big stakes in the brand-name companies that manufacture the cars you see on the road—Toyota, Daimler, etc.—but no positions in the upstream part suppliers and accessory manufacturers. Nearly 80% of the fund is allocated to American, German, and Japanese automakers. CARZ charges 70 bps for this exposure, but the strategy still appeals to some: CARZ hosts more than $30M in assets under management. Whether because of liquidity screens or classification issues, there's no Tata motors in this portfolio; the fund is light on emerging markets in general. CARZ is a good choice for investors with conviction in this specific slice of the market, but its high holding costs and wide spreads are not to be ignored. (Insight updated 12/11/14)

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

CARZ Top 10 Countries View All

CARZ Top 10 Sectors

CARZ Top 10 Holdings View All

CARZ Summary Data

05/09/11
Open-Ended Fund
0.70%
$22.0 M
$214.55 K
0.38%

CARZ Portfolio Data

$48.09 B
9.44
1.09
2.35%
09/21/16
33

CARZ Index Data

NASDAQ OMX Global Auto Index
Market Cap
Market Cap
Thomson Reuters Global Automobiles & Parts

Related ETFs to CARZ

N/A
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

CARZ Portfolio Management

0.70%
-0.75%
0.93%
-2.73%

CARZ Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

CARZ Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Medium
Daily
Average Spread
Premium/Discount
Volume

CARZ FactSet Analytics Block Liquidity

As of 09/27/16
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of CARZ. CARZ is rated a 4 out of 5.

CARZ Tradability

6,495
$214.55 K
2,173
$72.4 K
0.38%
$0.12
-0.21%
1.41% / -2.40%
None
30.00%
50,000
0.04
0.06%
0%
--
$33.10
4

CARZ Performance Statistics

0.94
0.92
0.91
0.91
0.33%
Thomson Reuters Global Automobiles & Parts