First Trust S-Network Future Vehicles & Technology ETF (CARZ)
| Assets | $28.91M |
| Expense Ratio | 0.70% |
| PE Ratio | 18.13 |
| Shares Out | 500,002 |
| Dividend (ttm) | $0.68 |
| Dividend Yield | 1.15% |
| Ex-Dividend Date | Dec 13, 2024 |
| Payout Ratio | 21.18% |
| 1-Year Return | +4.53% |
| Volume | 1,815 |
| Open | 58.32 |
| Previous Close | 58.02 |
| Day's Range | 58.11 - 59.03 |
| 52-Week Low | 50.83 |
| 52-Week High | 63.10 |
| Beta | 1.34 |
| Holdings | 104 |
| Inception Date | May 9, 2011 |
About CARZ
Fund Home PageThe First Trust S-Network Future Vehicles & Technology ETF (CARZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index that provides exposure to electric and autonomous vehicles and the technology essential for the supply and production of these vehicles. Securities are selected and weighted by market-cap. CARZ was launched on May 9, 2011 and is issued by First Trust.
Top 10 Holdings
44.90% of assets| Name | Symbol | Weight |
|---|---|---|
| Tesla, Inc. | TSLA | 8.23% |
| Alphabet Inc. | GOOGL | 5.24% |
| Apple Inc. | AAPL | 4.91% |
| Microsoft Corporation | MSFT | 4.73% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 4.72% |
| NVIDIA Corporation | NVDA | 4.37% |
| Samsung Electronics Co., Ltd. | 005930 | 3.77% |
| Advanced Micro Devices, Inc. | AMD | 3.26% |
| Texas Instruments Incorporated | TXN | 2.84% |
| QUALCOMM Incorporated | QCOM | 2.83% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.289 | n/a |
| Sep 26, 2024 | $0.057 | Sep 30, 2024 |
| Jun 27, 2024 | $0.266 | Jun 28, 2024 |
| Mar 21, 2024 | $0.0664 | Mar 28, 2024 |
| Dec 22, 2023 | $0.223 | Dec 29, 2023 |
| Sep 22, 2023 | $0.120 | Sep 29, 2023 |
News
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The pandemic threw a wrench in the auto industry's works, and nowhere was this more evident than in the U.S. used car market. Semiconductor production and shipping data has become a leading indicator ...
Biden officials say Americans have scored $1 billion in EV tax credits this year
Buyers of electric vehicles have been able to get a federal tax credit at the time of purchase since Jan. 1 thanks to new guidance from the Biden administration.
Thinking Hard About The China Overproduction Narrative
Concerns about “overcapacity” arise primarily for goods linked to high-wage jobs, not for low-wage industries like clothing or toys. China sees its success as a result of a system that blends state co...
Autonomous Taxis May Have The Most Impact On GDP Of Any Innovation In History
Autonomous vehicles could be one of the most productive innovations of all time, impacting global gross domestic product (GDP) by approximately 20% over the next decade. Weighing the potential positiv...
U.S. Automakers Face Tough Wage Negotiations
In July, negotiations will kick off between the United Auto Workers union and the big three U.S. original equipment manufacturers, GM, Ford and Stellantis, to renew existing contracts that expire on S...
CARZ: Where Mega-Cap Tech Meets Traditional Auto Stocks
CARZ offers exposure to the transforming global auto industry, including electric vehicles and autonomous driving technologies. Current challenges such as global semiconductor and raw material shortag...
Power Shift: China's EV Market, Impact On Western Brands, And Some Trading Ideas
China is the most important car market, about as big as the US and Europe combined. It is an essential market for several brands.
U.S. Electric Vehicle Market Set For Sustained Growth Despite Stricter Subsidy Rules
Despite tougher rules for tax credits, US electric vehicle sales (including plug-in hybrids) are expected to grow to 1.4mn in 2023, accounting for 10% of total light-duty vehicle sales. This puts the ...
Carmakers Are Chasing Miners
The mining sector has underinvested over the last few years due, in part, to COVID and an emphasis on capital discipline. The speed at which regulators and carmakers want to drive the transition to EV...
CARZ: A Little ETF That Acts Like QQQ, But With More Horsepower
CARZ is an ETF that provides access to companies whose businesses include a presence in the electric and autonomous vehicle market. There is a lot of overlap with QQQ, which can be a blessing or curse...
EV ETFs: Ford, Affordability, And Looking Forward
This note takes a brief look at Ford's data, examines EVs from a thematic ETF perspective, and looks deeper into profitability issues from an ex sell-side analyst perspective. U.S. battery electric ve...
How The EV Supply Chain Is Responding To The Inflation Reduction Act
The recently passed IRA and IIJA will direct billions of dollars toward EVs and EV infrastructure over the next decade. The IRA and IIJA are already combining to materially impact the capacity of dome...
Car Market Outlook 2023: Seeing Is Believing
We expect that global car sales will rise by approximately 4% in 2023 despite a downbeat outlook for the global economy. This is due to more consistent production volumes, the delayed demand backlog a...
Global Autos Production Slumps In November Amid Declining Demand
Latest global sector PMI data, compiled by S&P Global, highlighted the tough conditions being faced by Automobiles & Autoparts manufacturers at present. Central to the downturn in the global autos sec...
The Electrifying EV-Charging Market
Some listed European EV-charging leaders reported 200% year-over-year sales growth in the first half of 2022. Not everyone has a driveway or dedicated parking space, and more than 40% of potential EV ...
Vehicle Sales Per Capita As Of October 2022
For the past few years, we've been following a couple of transportation metrics: Vehicle Miles Traveled and Gasoline Volume Sales. For both series, we focus on the population-adjusted data.
RAV4 Challenges F Series For Retail Sales Leadership
Any discussion about the most popular vehicles in the US has to include the Toyota RAV4. RAV4 has several strengths.
Fuel For Thought: The Future Of EVs And Alternative Propulsion In The Commercial Vehicle Market
Aside from the supply shortage, one of the biggest buzzwords in the commercial vehicle industry over the past few years has revolved around electric vehicles (EVs). Alongside delivery vans and buses, ...
The Insane Used Car Bubble Is Popping: What It Means For The Economy
Used car prices skyrocketed during the pandemic due to stimulus and supply chain problems hampering production. Now wholesale prices for used cars are tanking, as higher interest rates impact demand a...
S&P Global Mobility Predicts Strong Monthly SAAR For October
On projected volume of approximately 1.139 million units, US auto sales in October will reach a seasonally adjusted annual rate (SAAR) of 14.7 million units, according to S&P Global Mobility estimates...
Winter Is Coming: The Auto Industry Faces Significant Risk Exposure From The Looming European Energy Crunch
With energy prices in Europe skyrocketing, placing business bottom lines in triage mode, a harsh winter could place certain automotive sectors at risk of being unable to keep their production lines ru...
The Auto Supply Chain: Change For The Better?
The onset of the global pandemic exposed semiconductor production as the link that broke auto manufacturing supply chains. Problems have only been exacerbated by the war in Ukraine and global inflatio...