Data as of .
ANEW vs CARZ: which is really different?
ANEW and CARZ hold 12% of their weight in the same names, and CARZ returned more over the year.
ETFIQ Off-Index Score: ANEW scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
12% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, ANEW and CARZ hold 12% of their money in the same securities at the same weight.
| Holding | ANEW | CARZ |
|---|---|---|
| MICROSOFT CORP | 2.23% | 5.92% |
| APPLE INC | 2.12% | 4.90% |
| NVIDIA CORP | 1.90% | 5.06% |
| ALPHABET INC-CL A | 1.70% | 4.49% |
| MICRON TECHNOLOGY INC | 1.15% | 4.72% |
| ADVANCED MICRO DEVICES | 0.86% | 4.72% |
| TESLA INC | 0.57% | 4.13% |
| INTEL CORP | 0.42% | 4.45% |
| QUALCOMM INC | 0.19% | 1.82% |
| SILICON LABORATORIES INC | 0.12% | 0.52% |
| AURORA INNOVATION INC | 0.11% | 0.51% |
| LATTICE SEMICONDUCTOR CORP | 0.11% | 0.41% |
| Only in ANEW | Only in CARZ |
|---|---|
| DANAHER CORP 2.39% | Samsung Electronics Co., Ltd. 4.72% |
| DOORDASH INC - A 2.35% | Taiwan Semiconductor Manufacturing Compa 4.59% |
| ABBVIE INC 2.33% | Texas Instruments Incorporated 2.36% |
| DEERE & CO 2.31% | Marvell Technology, Inc. 2.06% |
| ABBOTT LABORATORIES 2.18% | Schneider Electric SE 1.81% |
| SYMRISE AG 2.18% | Analog Devices, Inc. 1.78% |
| INTL FLAVORS & FRAGRANCES 2.17% | Toyota Motor Corporation 1.43% |
| ELI LILLY & CO 2.12% | Infineon Technologies AG 0.81% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| ANEW | CARZ | ANEW | CARZ | ANEW | CARZ | |
| 3 months | +6.5% | −11.3% | +4.2 pts | −13.5 pts | +8.9 pts | −8.8 pts |
| 6 months | +19.1% | +33.3% | +1.1 pts | +15.3 pts | −5.1 pts | +9.1 pts |
| 1 year | +3.9% | +50.4% | −12.7 pts | +33.9 pts | −17.9 pts | +28.7 pts |
| 3 years | +56.3% | +107.6% | −22.1 pts | +29.2 pts | −41.9 pts | +9.4 pts |
| Since launch | +40.4% | +352.9% | −97.4 pts | −283.1 pts | −118.3 pts | −939.0 pts |
| ANEW ProShares MSCI Transformational Changes ETF Holds 146 stocks in broad innovation and megatrends, 51% of its weight in S&P 500 companies | CARZ First Trust S-Network Future Vehicles & Technology ETF Holds 106 stocks in broad innovation and megatrends, 52% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | ProShares | First Trust |
| Theme | Broad innovation and megatrends | Broad innovation and megatrends |
| In the S&P 500 | 51.0% | 51.5% |
| Active share vs the S&P 500 | 76.2% | 74.0% |
| In the Nasdaq-100 | 25.2% | 48.0% |
| Holdings | 146 | 106 |
| Top ten, share of the fund | 22.4% | 47.7% |
| Expense ratio | 0.45% | 0.70% |
| Fee for the differing part | 0.59% | 0.95% |
| Total return, 1 year | +3.9% | +50.4% |
| vs the S&P 500 | −12.7 pts | +33.9 pts |
| vs the Nasdaq-100 | −17.9 pts | +28.7 pts |
| Below its high | −2.0% | −13.6% |
| Net assets | $8m | $48m |
ANEW in plain words
By weight, 51% of ANEW's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 76%. The top ten holdings are 22% of the fund across 146 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +3.9% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 12.7 pts.
CARZ in plain words
By weight, 52% of CARZ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 74%. The top ten holdings are 48% of the fund across 106 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +50.4% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 33.9 pts. It sits 13.6% below its all-time high of Jun 2, 2026.
Questions people ask
- Do ANEW and CARZ hold the same stocks?
- By their latest filings, 12% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, ANEW or CARZ?
- ANEW has 51% of its weight in S&P 500 names and CARZ has 52%, so ANEW differs more from the index.
- Which is cheaper, ANEW or CARZ?
- ANEW charges 0.45% a year and CARZ charges 0.70%, so ANEW is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, ANEW against CARZ, data as of Sep 18, 2026. https://etfiq.com/compare/themes/anew-vs-carz Free to use with attribution; the underlying files are at Open data.