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Data as of .

CARZ vs GXDW: which is really different?

CARZ and GXDW hold 0% of their weight in the same names, and CARZ returned more over the year.

First Trust S-Network Future Vehicles & Technology ETF and Global X Dorsey Wright Thematic ETF.

51.5%CARZ in the S&P 500
0.0%GXDW in the S&P 500
+50.4%CARZ total return, 1 year
−10.2%GXDW total return, 1 year

ETFIQ Off-Index Score: GXDW scores higher

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

CARZ 6.7GXDW 91.80.1, 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
GXDW100% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 100% of the fund · 7 holdings filed Sep 18, 2026 · Nasdaq-100: 0% in0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 100% of the fund

0% 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 GXDW hold 0% of their money in the same securities at the same weight.

Only in each
Only in CARZOnly in GXDW
Microsoft Corporation 5.92%GLOBAL X HYDROGEN ETF 20.93%
NVIDIA Corporation 5.06%GLOBAL X GENOMICS & BIOTECHN 20.55%
Apple Inc. 4.90%GLOBAL X CYBERSECURITY ETF 20.21%
Advanced Micro Devices, Inc. 4.72%GLOBAL X ART INTEL & TECH 19.89%
Micron Technology, Inc. 4.72%GLOBAL X LITHIUM & BATTERY T 18.41%
Samsung Electronics Co., Ltd. 4.72%OTHER PAYABLE & RECEIVABLES 0.01%
Taiwan Semiconductor Manufacturing Compa 4.59%CASH -0.01%
Alphabet Inc. (Class A) 4.49%

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

CARZ and GXDW over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
CARZGXDWCARZGXDWCARZGXDW
3 months−11.3%−13.3%−13.5 pts−15.5 pts−8.8 pts−10.8 pts
6 months+33.3%+10.8%+15.3 pts−7.2 pts+9.1 pts−13.4 pts
1 year+50.4%−10.2%+33.9 pts−26.8 pts+28.7 pts−32.0 pts
3 years+107.6%+3.7%+29.2 pts−74.7 pts+9.4 pts−94.5 pts
Since launch+352.9%+2.3%−283.1 pts−171.8 pts−939.0 pts−273.6 pts
Open the live comparison on ETFIQ
CARZ and GXDW 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
GXDW
Global X Dorsey Wright Thematic ETF
Holds 7 stocks in broad innovation and megatrends, 0% of its weight in S&P 500 companies
IssuerFirst TrustGlobal X
ThemeBroad innovation and megatrendsBroad innovation and megatrends
In the S&P 50051.5%0.0%
Active share vs the S&P 50074.0%100.0%
In the Nasdaq-10048.0%0.0%
Holdings1067
Top ten, share of the fund47.7%100.0%
Expense ratio0.70%0.50%
Fee for the differing part0.95%0.50%
Total return, 1 year+50.4%−10.2%
vs the S&P 500+33.9 pts−26.8 pts
vs the Nasdaq-100+28.7 pts−32.0 pts
Below its high−13.6%−59.4%
Net assets$48m$6m

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.

GXDW in plain words

By weight, 0% of GXDW's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 100% of the fund across 7 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned −10.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 26.8 pts. It sits 59.4% below its all-time high of Feb 10, 2021.

Questions people ask

Do CARZ and GXDW hold the same stocks?
By their latest filings, 0% 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 GXDW?
CARZ has 52% of its weight in S&P 500 names and GXDW has 0%, so GXDW differs more from the index.
Which is cheaper, CARZ or GXDW?
CARZ charges 0.70% a year and GXDW charges 0.50%, so GXDW 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 GXDW, 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 GXDW, data as of Sep 18, 2026. https://etfiq.com/compare/themes/carz-vs-gxdw Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources