CARZ First Trust NASDAQ Global Auto Index Fund

Price $31.65
Today's Change -0.11 (-0.36%)
Today's Volume 851.0
12:49pm (ET) 05/05/16

Overall Rating

D

72
as of 05/05/16

Rating Details

68
56
72
Segment Average
  • Overview
  • Efficiency
    68
  • Tradability
    56
  • Fit
    72

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
Performance [as of 05/04/16] 1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Years
CARZ-1.25%3.75%-12.12%-22.48%0.57%----
CARZ (NAV)-0.40%4.20%-11.62%-21.13%0.81%----
NASDAQ OMX Global Auto Index-0.27%4.67%-12.04%-20.50%2.32%3.01%--
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

CARZ Top 10 Countries View All

CARZ Top 10 Sectors

CARZ Top 10 Holdings View All

CARZ Summary Data

First Trust
05/09/11
Open-Ended Fund
0.70%
$27.31 M
$216.33 K
0.31%

CARZ Portfolio Data

$45.15 B
8.50
1.08
1.87%
06/22/16
37

CARZ Index Data

NASDAQ OMX Global Auto Index
Market Cap
Market Cap
Thomson Reuters Global Automobiles & Parts
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Performance [as of 05/04/16] 1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Years
CARZ-1.25%3.75%-12.12%-22.48%0.57%----
CARZ (NAV)-0.40%4.20%-11.62%-21.13%0.81%----
NASDAQ OMX Global Auto Index-0.27%4.67%-12.04%-20.50%2.32%3.01%--
Thomson Reuters Global Automobiles & Parts0.61%3.77%-9.36%-17.95%2.64%-0.39%--
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

CARZ Portfolio Management

0.70%
-0.86%
0.56%
-2.63%

CARZ Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

CARZ Fund Structure

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

CARZ FactSet Analytics Block Liquidity

As of 05/05/16
5
4
3
2
1

This measurement shows how easy it is to trade 25,000 shares of CARZ. CARZ is rated a 4 out of 5.

CARZ Tradability

6,624
$216.33 K
3,751
$122.42 K
0.31%
$0.1
-0.14%
1.37% / -1.24%
None
31.00%
50,000
0.08
0.06%
0.06%
--
$31.77
4

CARZ Performance Statistics

0.93
0.89
0.87
0.86
0.36%
Thomson Reuters Global Automobiles & Parts