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Data as of .

CARZ vs ILDR: which is really different?

CARZ and ILDR hold 27% of their weight in the same names, and CARZ returned more over the year.

First Trust S-Network Future Vehicles & Technology ETF and First Trust Innovation Leaders ETF.

51.5%CARZ in the S&P 500
65.8%ILDR in the S&P 500
+50.4%CARZ total return, 1 year
+19.9%ILDR total return, 1 year

ETFIQ Off-Index Score: CARZ scores higher

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

CARZ 6.7ILDR 2.90.1, 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
ILDR34% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
66%34%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 67% · top ten 44% of the fund · 82 holdings filed Sep 18, 2026 · Nasdaq-100: 49% in66%34%in the S&P 500outsideactive share 67% · top ten 44% of the fund

27% 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 ILDR hold 27% of their money in the same securities at the same weight.

Positions CARZ and ILDR both hold, largest shared weight first
HoldingCARZILDR
NVIDIA Corporation5.06%9.78%
Advanced Micro Devices, Inc.4.72%5.79%
Alphabet Inc. (Class A)4.49%4.81%
Micron Technology, Inc.4.72%2.80%
Microsoft Corporation5.92%2.70%
Marvell Technology, Inc.2.06%3.13%
Tesla, Inc.4.13%1.82%
Schneider Electric SE1.81%1.80%
Intel Corporation4.45%0.66%
Rambus Inc.0.39%0.34%
Indie Semiconductor, Inc.0.33%0.31%
US Dollar0.09%0.26%
Only in each
Only in CARZOnly in ILDR
Apple Inc. 4.90%Amazon.com, Inc. 5.79%
Samsung Electronics Co., Ltd. 4.72%Broadcom Inc. 3.57%
Taiwan Semiconductor Manufacturing Company Limited (ADR) 4.59%Eli Lilly and Company 3.02%
Texas Instruments Incorporated 2.36%Oracle Corporation 2.67%
QUALCOMM Incorporated 1.82%Arista Networks, Inc. 2.46%
Analog Devices, Inc. 1.78%Eaton Corporation Plc 2.07%
Toyota Motor Corporation 1.43%Shopify Inc. (Class A) 1.81%
Infineon Technologies AG 0.81%Siemens Energy AG 1.70%

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 ILDR over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
CARZILDRCARZILDRCARZILDR
3 months−11.3%+0.3%−13.5 pts−1.9 pts−8.8 pts+2.8 pts
6 months+33.3%+31.0%+15.3 pts+12.9 pts+9.1 pts+6.7 pts
1 year+50.4%+19.9%+33.9 pts+3.3 pts+28.7 pts−1.9 pts
3 years+107.6%+120.9%+29.2 pts+42.5 pts+9.4 pts+22.7 pts
Since launch+352.9%+92.7%−283.1 pts−3.0 pts−939.0 pts−30.0 pts
Open the live comparison on ETFIQ
CARZ and ILDR 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
ILDR
First Trust Innovation Leaders ETF
Holds 82 stocks in broad innovation and megatrends, 66% of its weight in S&P 500 companies
IssuerFirst TrustFirst Trust
ThemeBroad innovation and megatrendsBroad innovation and megatrends
In the S&P 50051.5%65.8%
Active share vs the S&P 50074.0%67.1%
In the Nasdaq-10048.0%49.0%
Holdings10682
Top ten, share of the fund47.7%44.1%
Expense ratio0.70%0.75%
Fee for the differing part0.95%1.12%
Total return, 1 year+50.4%+19.9%
vs the S&P 500+33.9 pts+3.3 pts
vs the Nasdaq-100+28.7 pts−1.9 pts
Below its high−13.6%−3.5%
Net assets$48m$342m

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.

ILDR in plain words

By weight, 66% of ILDR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 67%. The top ten holdings are 44% of the fund across 82 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +19.9% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 3.3 pts.

Questions people ask

Do CARZ and ILDR hold the same stocks?
By their latest filings, 27% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, CARZ or ILDR?
CARZ has 52% of its weight in S&P 500 names and ILDR has 66%, so CARZ differs more from the index.
Which is cheaper, CARZ or ILDR?
CARZ charges 0.70% a year and ILDR charges 0.75%, so CARZ 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 ILDR, 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 ILDR, data as of Sep 18, 2026. https://etfiq.com/compare/themes/carz-vs-ildr Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources