Data as of .
CARZ vs XDAT: which is really different?
CARZ and XDAT hold 8% of their weight in the same names, and CARZ returned more over the year.
ETFIQ Off-Index Score: XDAT 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
8% 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 XDAT hold 8% of their money in the same securities at the same weight.
| Holding | CARZ | XDAT |
|---|---|---|
| Alphabet Inc. (Class A) | 4.49% | 9.76% |
| Microsoft Corporation | 5.92% | 3.55% |
| Aurora Innovation, Inc. | 0.51% | 0.46% |
| Only in CARZ | Only in XDAT |
|---|---|
| NVIDIA Corporation 5.06% | CLOUDFLARE INC 10.14% |
| Apple Inc. 4.90% | META PLATFORMS INC 6.43% |
| Advanced Micro Devices, Inc. 4.72% | SNOWFLAKE INC 5.03% |
| Micron Technology, Inc. 4.72% | APPLOVIN CORP 5.02% |
| Samsung Electronics Co., Ltd. 4.72% | PALO ALTO NETWORKS INC 4.54% |
| Taiwan Semiconductor Manufacturing Company Limited (ADR) 4.59% | CROWDSTRIKE HOLDINGS INC 4.39% |
| Intel Corporation 4.45% | DATADOG INC 4.11% |
| Tesla, Inc. 4.13% | MONGODB INC 3.75% |
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 | XDAT | CARZ | XDAT | CARZ | XDAT | |
| 3 months | −11.3% | +10.6% | −13.5 pts | +8.3 pts | −8.8 pts | +13.1 pts |
| 6 months | +33.3% | +23.9% | +15.3 pts | +5.9 pts | +9.1 pts | −0.3 pts |
| 1 year | +50.4% | −4.8% | +33.9 pts | −21.4 pts | +28.7 pts | −26.6 pts |
| 3 years | +107.6% | +47.1% | +29.2 pts | −31.3 pts | +9.4 pts | −51.1 pts |
| Since launch | +352.9% | +9.1% | −283.1 pts | −108.2 pts | −939.0 pts | −127.9 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 | XDAT Franklin Exponential Data ETF Holds 59 stocks in broad innovation and megatrends, 61% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | First Trust | Franklin |
| Theme | Broad innovation and megatrends | Broad innovation and megatrends |
| In the S&P 500 | 51.5% | 61.1% |
| Active share vs the S&P 500 | 74.0% | 86.2% |
| In the Nasdaq-100 | 48.0% | 49.6% |
| Holdings | 106 | 59 |
| Top ten, share of the fund | 47.7% | 56.7% |
| Expense ratio | 0.70% | 0.50% |
| Fee for the differing part | 0.95% | 0.58% |
| Total return, 1 year | +50.4% | −4.8% |
| vs the S&P 500 | +33.9 pts | −21.4 pts |
| vs the Nasdaq-100 | +28.7 pts | −26.6 pts |
| Below its high | −13.6% | −12.3% |
| Net assets | $48m | $4m |
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.
XDAT in plain words
By weight, 61% of XDAT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 86%. The top ten holdings are 57% of the fund across 59 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned −4.8% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 21.4 pts. It sits 12.3% below its all-time high of Nov 9, 2021.
Questions people ask
- Do CARZ and XDAT hold the same stocks?
- By their latest filings, 8% 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 XDAT?
- CARZ has 52% of its weight in S&P 500 names and XDAT has 61%, so XDAT differs more from the index.
- Which is cheaper, CARZ or XDAT?
- CARZ charges 0.70% a year and XDAT charges 0.50%, so XDAT 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 XDAT, data as of Sep 18, 2026. https://etfiq.com/compare/themes/carz-vs-xdat Free to use with attribution; the underlying files are at Open data.