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Data as of .

CARZ vs FDCF: which is really different?

CARZ and FDCF hold 18% of their weight in the same names, and CARZ returned more over the year.

First Trust S-Network Future Vehicles & Technology ETF and Fidelity Disruptive Communications ETF.

51.5%CARZ in the S&P 500
56.1%FDCF in the S&P 500
+50.4%CARZ total return, 1 year
+1.5%FDCF total return, 1 year

ETFIQ Off-Index Score: FDCF scores higher

How much of it is not the index it is sold as an alternative to?

CARZ 6.7FDCF 10.20.1, the lowest in this set91.8, the highest

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

CARZ49% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
52%49%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 74% · top ten 48% of the fund · 106 holdings filed Sep 18, 2026 · Nasdaq-100: 48% in52%49%in the S&P 500outsideactive share 74% · top ten 48% of the fund
FDCF44% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
56%44%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 80% · top ten 56% of the fund · 38 holdings filed May 31, 2026 · Nasdaq-100: 46% in56%44%in the S&P 500outsideactive share 80% · top ten 56% of the fund

18% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, CARZ and FDCF hold 18% of their money in the same securities at the same weight.

Positions CARZ and FDCF both hold, largest shared weight first
HoldingCARZFDCF
Apple Inc.4.90%2.59%
NXP Semiconductors N.V.0.56%0.98%
Only in each
Only in CARZOnly in FDCF
Microsoft Corporation 5.92%TAIWAN SEMICONDUCTOR MFG CO LTD 10.85%
NVIDIA Corporation 5.06%ALPHABET INC 8.86%
Advanced Micro Devices, Inc. 4.72%META PLATFORMS INC 6.18%
Micron Technology, Inc. 4.72%NVIDIA CORP 5.61%
Samsung Electronics Co., Ltd. 4.72%ARISTA NETWORKS INC 5.58%
Taiwan Semiconductor Manufacturing Company Limited (ADR) 4.59%AMAZON.COM INC 5.42%
Alphabet Inc. (Class A) 4.49%WARNER BROS DISCOVERY INC 3.88%
Intel Corporation 4.45%ROKU INC 3.87%

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 May 31, 2026 and Sep 18, 2026.

Performance, window by window

CARZ and FDCF over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
CARZFDCFCARZFDCFCARZFDCF
3 months−11.3%+1.6%−13.5 pts−0.7 pts−8.8 pts+4.1 pts
6 months+33.3%+17.5%+15.3 pts−0.5 pts+9.1 pts−6.7 pts
1 year+50.4%+1.5%+33.9 pts−15.1 pts+28.7 pts−20.3 pts
3 years+107.6%+100.6%+29.2 pts+22.2 pts+9.4 pts+2.5 pts
Since launch+352.9%+101.0%−283.1 pts+17.6 pts−939.0 pts−2.9 pts
Open the live comparison on ETFIQ
CARZ and FDCF on the same fields, as of Sep 18, 2026. Source: ETFIQ.
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
FDCF
Fidelity Disruptive Communications ETF
Holds 38 stocks in broad innovation and megatrends, 56% of its weight in S&P 500 companies
IssuerFirst TrustFidelity
ThemeBroad innovation and megatrendsBroad innovation and megatrends
In the S&P 50051.5%56.1%
Active share vs the S&P 50074.0%79.8%
In the Nasdaq-10048.0%45.7%
Holdings10638
Top ten, share of the fund47.7%56.1%
Expense ratio0.70%0.50%
Fee for the differing part0.95%0.63%
Total return, 1 year+50.4%+1.5%
vs the S&P 500+33.9 pts−15.1 pts
vs the Nasdaq-100+28.7 pts−20.3 pts
Below its high−13.6%−2.0%
Net assets$48m$101m

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.

FDCF in plain words

By weight, 56% of FDCF's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 80%. The top ten holdings are 56% of the fund across 38 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned +1.5% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 15.1 pts.

Questions people ask

Do CARZ and FDCF hold the same stocks?
By their latest filings, 18% 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, CARZ or FDCF?
CARZ has 52% of its weight in S&P 500 names and FDCF has 56%, so FDCF differs more from the index.
Which is cheaper, CARZ or FDCF?
CARZ charges 0.70% a year and FDCF charges 0.50%, so FDCF 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.

CARZ against FDCF, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, CARZ against FDCF, data as of Sep 18, 2026. https://etfiq.com/compare/themes/carz-vs-fdcf Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources