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Data as of Nov 4, 2026.

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Thematic ETFs

CARZ vs INVN: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, CARZ returned +26.4% to INVN's +33.1%; 1% of their weight is in the same names.

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Net assets: $42m on Nov 3, 2026 for First Trust S-Network Future Vehicles & Technology ETF, and $9.6m on Jun 30, 2026 for Alger Russell Innovation ETF.

CARZ on its own →INVN on its own →
At a glance
50.7%
CARZ in the S&P 500
32.5%
INVN in the S&P 500
+26.4%
CARZ total return, 1 year
+33.1%
INVN total return, 1 year
CARZ · 1 year to Nov 4, 2026 49% of its weight is outside the S&P 500
49% of its weight is outside the S&P 50051% of CARZ's weight is in S&P 500 companies and 49% is outside the index. Holdings as of Nov 3, 2026.51%49%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 74% · top ten 44% of the fund · 100 holdings as published by its issuer for Nov 3, 2026 · Nasdaq-100: 46% in49% of its weight is outside the S&P 50051% of CARZ's weight is in S&P 500 companies and 49% is outside the index. Holdings as of Nov 3, 2026.51%49%in the S&P 500outside the S&P 500active share 74% · Nasdaq-100: 46% in

51% of CARZ's weight is in S&P 500 companies and 49% is outside the index. Holdings as of Nov 3, 2026.

INVN · 1 year to Nov 4, 2026 68% of its weight is outside the S&P 500
68% of its weight is outside the S&P 50033% of INVN's weight is in S&P 500 companies and 68% is outside the index. Holdings as of Jun 30, 2026.33%68%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 99% · top ten 23% of the fund · 50 holdings as filed for Jun 30, 2026 · Nasdaq-100: 8% in68% of its weight is outside the S&P 50033% of INVN's weight is in S&P 500 companies and 68% is outside the index. Holdings as of Jun 30, 2026.33%68%inoutside the S&P 500active share 99% · Nasdaq-100: 8% in

33% of INVN's weight is in S&P 500 companies and 68% is outside the index. Holdings as of Jun 30, 2026.

Pair scorecard

INVN costs 0.15 points a year less; their one-year returns differ by 6.7 points.

Points (pts) are percentage points.

CARZ vs INVN: Holdings Overlap & Returns
MeasureCARZINVN
Return
Total return, 1 year+26.4%+33.1%
Drawdown
Below its all-time high23.2%, high on Jun 2, 2026
Against its benchmark
What it tracksBroad innovation and megatrendsBroad innovation and megatrends
Its benchmark, total return, 1 year+15.0%
Against its benchmark, 1 yearahead by 11.4 pts
Cost and size
Expense ratio0.70%0.55%
Net assets, CARZ as of Nov 3, 2026 and INVN as of Jun 30, 2026$42m$9.6m
Active share vs the S&P 50074%98%
Holdings
Holdings in common1%

Method

What they share

1%

By the books each fund has filed, CARZ and INVN hold 1% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 3, 2026.

0 half 100%

half

1% in common

Positions both hold · largest shared weight first CARZ INVN
Skyworks Solutions, Inc. 0.60% 1.89%
Cirrus Logic, Inc. 0.56% 1.85%
Only in one fund ↓
Only in CARZ
Tesla, Inc. 5.43%
Microsoft Corporation 5.09%
Apple Inc. 4.98%
NVIDIA Corporation 4.58%
Taiwan Semiconductor Manufacturing Company Limited (ADR) 4.52%
Samsung Electronics Co., Ltd. 4.27%
Micron Technology, Inc. 4.22%
Alphabet Inc. (Class A) 4.11%
Only in INVN
ROBLOX CORP 2.57%
ZEBRA TECHNOLOGIES CORP 2.38%
EXPEDIA GROUP INC 2.29%
MAPLEBEAR INC 2.25%
BLOCK INC 2.24%
ZSCALER INC 2.22%
BILL HOLDINGS INC 2.19%
BIOGEN INC 2.18%
Check overlap with more funds →

Window by window

Window by window: CARZ vs INVN: Holdings Overlap & Returns
Total returnvs its benchmark
WindowCARZINVNCARZINVN
3 months−11.1%+9.6%−9.8 pts vs ACWInot measured
6 months−14.3%+33.7%−16.9 pts vs ACWInot measured
1 year+26.4%+33.1%+11.4 pts vs ACWInot measured
3 years+94.8%–+17.2 pts vs ACWI–
Since launchNot the same days: CARZ May 2011 · INVN Jan 2025+302.5%+37.1%−30.9 pts vs ACWInot measured

– means no data for this window. Open this comparison in the app →

Side by side

CARZ First Trust S-Network Future Vehicles & Technology ETF · Holds 100 stocks in broad innovation and megatrends, 51% of its weight in S&P 500 companies INVN Alger Russell Innovation ETF · Holds 50 stocks in broad innovation and megatrends, 32% of its weight in S&P 500 companies
Issuer First Trust Alger
Theme Broad innovation and megatrends Broad innovation and megatrends
In the S&P 500 50.7% 32.5%
Active share vs the S&P 500 74.3% 98.5%
In the Nasdaq-100 46.2% 7.6%
Holdings 100 50
Top ten, share of the fund 44.3% 22.6%
Expense ratio 0.70% 0.55%
Fee for the differing part 0.94% 0.56%
Total return, 1 year +26.4% +33.1%
vs its benchmark +11.4 pts vs ACWI not measured
Below its high −23.2% −0.9%
Net assets, CARZ as of Nov 3, 2026 and INVN as of Jun 30, 2026 $42m $9.6m

As of Nov 4, 2026. Source: ETFIQ.

1% of the two portfolios are the same securities at the same weight.

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About each fund
CARZ

By weight, 51% 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 44% of the fund across 100 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned +26.4% with distributions reinvested against +15.0% for its benchmark, the MSCI ACWI Index, so a holder was ahead by 11.4 pts. It sits 23.2% below its all-time high of Jun 2, 2026.

INVN

By weight, 32% of INVN's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 23% of the fund across 50 positions, as filed for Jun 30, 2026. Over the year to Nov 4, 2026 the fund returned +33.1% with distributions reinvested.

Questions people ask

Do CARZ and INVN hold the same stocks?
By their latest filings, 1% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, CARZ or INVN?
CARZ has 51% of its weight in S&P 500 names and INVN has 32%, so INVN differs more from the index.
Which is cheaper, CARZ or INVN?
CARZ charges 0.70% a year and INVN charges 0.55%, so INVN is cheaper. Fees come from each fund's prospectus.
Other comparisons
CARZ vs GXDWCARZ vs ILDRCARZ vs DTRECARZ vs TNXTINVN vs FDCFINVN vs FITEINVN vs GTEKINVN vs FRWD
Where to next
All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →CARZ on its own →INVN on its own →CARZ dividend history →CARZ holdings →INVN dividend history →INVN holdings →Method →Standards and sources →
Sources and dates
CARZ filings on SEC EDGAR ↗
CARZ prospectus with the expense ratio (SEC) ↗
First Trust page for CARZ ↗
INVN filings on SEC EDGAR ↗
INVN prospectus with the expense ratio (SEC) ↗
Alger website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

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ETFIQ, CARZ against INVN, data as of Nov 4, 2026. https://etfiq.com/compare/themes/carz-vs-invn

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.