Data as of .
CARZ vs TNXT: which is really different?
CARZ and TNXT hold 28% of their weight in the same names.
ETFIQ Off-Index Score: CARZ 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
28% 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 TNXT hold 28% of their money in the same securities at the same weight.
| Holding | CARZ | TNXT |
|---|---|---|
| Apple Inc. | 4.90% | 4.61% |
| Micron Technology, Inc. | 4.72% | 1.86% |
| Tesla, Inc. | 4.13% | 1.80% |
| Marvell Technology, Inc. | 2.06% | 0.46% |
| PACCAR Inc | 0.58% | 0.41% |
| Skyworks Solutions, Inc. | 0.76% | 0.34% |
| Analog Devices, Inc. | 1.78% | 0.28% |
| Ferrari N.V. | 0.56% | 0.13% |
| Only in CARZ | Only in TNXT |
|---|---|
| Microsoft Corporation 5.92% | NVIDIA CORP 7.23% |
| NVIDIA Corporation 5.06% | AMAZON.COM INC 3.02% |
| Advanced Micro Devices, Inc. 4.72% | BROADCOM INC 2.76% |
| Samsung Electronics Co., Ltd. 4.72% | MICROSOFT CORP 2.67% |
| Taiwan Semiconductor Manufacturing Company Limited (ADR) 4.59% | ALPHABET INC CL A 2.57% |
| Alphabet Inc. (Class A) 4.49% | ADVANCED MICRO DEVICES 2.53% |
| Intel Corporation 4.45% | ALPHABET INC CL C 2.28% |
| Texas Instruments Incorporated 2.36% | INTEL CORP 2.13% |
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 Jun 30, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| CARZ | TNXT | CARZ | TNXT | CARZ | TNXT | |
| 3 months | −11.3% | +3.8% | −13.5 pts | +1.6 pts | −8.8 pts | +6.3 pts |
| 6 months | +33.3% | +27.4% | +15.3 pts | +9.3 pts | +9.1 pts | +3.1 pts |
| 1 year | +50.4% | not published | +33.9 pts | not published | +28.7 pts | not published |
| 3 years | +107.6% | not published | +29.2 pts | not published | +9.4 pts | not published |
| Since launch | +352.9% | +14.5% | −283.1 pts | +3.9 pts | −939.0 pts | −0.4 pts |
| 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 | TNXT T. Rowe Price Innovation Leaders ETF Holds 272 stocks in broad innovation and megatrends, 64% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | First Trust | T. Rowe Price |
| Theme | Broad innovation and megatrends | Broad innovation and megatrends |
| In the S&P 500 | 51.5% | 64.3% |
| Active share vs the S&P 500 | 74.0% | 51.6% |
| In the Nasdaq-100 | 48.0% | 46.9% |
| Holdings | 106 | 272 |
| Top ten, share of the fund | 47.7% | 31.8% |
| Expense ratio | 0.70% | 0.49% |
| Fee for the differing part | 0.95% | 0.95% |
| Total return, 1 year | +50.4% | +14.5% (since launch on Jan 29, 2026) |
| vs the S&P 500 | +33.9 pts | +3.9 pts |
| vs the Nasdaq-100 | +28.7 pts | −0.4 pts |
| Below its high | −13.6% | −1.4% |
| Net assets | $48m | $18m |
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.
TNXT in plain words
By weight, 64% of TNXT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 52%. The top ten holdings are 32% of the fund across 272 positions, as filed for Jun 30, 2026. Since it launched on Jan 29, 2026 the fund returned +14.5% with distributions reinvested against +10.6% for the S&P 500, so a holder was ahead by 3.9 pts.
Questions people ask
- Do CARZ and TNXT hold the same stocks?
- By their latest filings, 28% 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 TNXT?
- CARZ has 52% of its weight in S&P 500 names and TNXT has 64%, so CARZ differs more from the index.
- Which is cheaper, CARZ or TNXT?
- CARZ charges 0.70% a year and TNXT charges 0.49%, so TNXT 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, CARZ against TNXT, data as of Sep 18, 2026. https://etfiq.com/compare/themes/carz-vs-tnxt Free to use with attribution; the underlying files are at Open data.