{
 "ticker": "CARZ",
 "name": "First Trust S-Network Future Vehicles & Technology ETF",
 "issuer": "First Trust",
 "desk": "themes",
 "url": "https://etfiq.com/funds/carz",
 "html": "https://etfiq.com/funds/carz",
 "markdown": "https://etfiq.com/funds/carz.md",
 "as_of": "2026-09-11",
 "verdict": "CARZ holds 103 stocks, and 50% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "50.3%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "CARZ, already in the S&P 500: 50.3%, as of Sep 11, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "74.1%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "CARZ, active share vs the S&P 500: 74.1%, as of Sep 11, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "46.7%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "CARZ, top ten holdings: 46.7%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+58.9%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "CARZ, total return, 1 year: +58.9%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$48m",
   "source": "issuer page, as of Sep 11, 2026",
   "as_of": "2026-09-11",
   "sentence": "CARZ, net assets: $48m (issuer page, as of Sep 11, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.70%",
   "source": "485BPOS XBRL, Jan 28, 2026",
   "as_of": "2026-09-11",
   "sentence": "CARZ, expense ratio: 0.70% (485BPOS XBRL, Jan 28, 2026)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Broad innovation and megatrends",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "May 10, 2011",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "50.3%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "74.1%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "46.7%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "62.2%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "46.7%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "103",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Sep 10, 2026",
   "source": "the issuer\u2019s daily file"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "Microsoft Corporation 6.0%, NVIDIA Corporation 5.0%, Samsung Electronics Co., Ltd. 4.8%, Apple Inc. 4.8%, Micron Technology, Inc. 4.6%, Taiwan Semiconductor Manufacturing Company Limit 4.6%, Alphabet Inc. (Class A) 4.3%, Advanced Micro Devices, Inc. 4.3%, Tesla, Inc. 4.2%, Intel Corporation 4.2%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$48m",
   "source": "issuer page, as of Sep 11, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u221212.9%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.70%",
   "source": "485BPOS XBRL, Jan 28, 2026"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.94%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "AIX 46%, XIGV 37%, IVES 36%, AIQ 34%, SOXX 33%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "\u22127.4%",
   "S&P 500": "+3.3%",
   "Gap to S&P 500": "\u221210.7 pts",
   "Gap to Nasdaq-100": "\u22126.6 pts"
  },
  {
   "window": "6 months",
   "Total return": "+31.9%",
   "S&P 500": "+16.0%",
   "Gap to S&P 500": "+15.9 pts",
   "Gap to Nasdaq-100": "+11.2 pts"
  },
  {
   "window": "1 year",
   "Total return": "+58.9%",
   "S&P 500": "+17.5%",
   "Gap to S&P 500": "+41.4 pts",
   "Gap to Nasdaq-100": "+35.9 pts"
  },
  {
   "window": "3 years",
   "Total return": "+108.3%",
   "S&P 500": "+77.9%",
   "Gap to S&P 500": "+30.4 pts",
   "Gap to Nasdaq-100": "+13.2 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+356.8%",
   "S&P 500": "+636.6%",
   "Gap to S&P 500": "\u2212279.8 pts",
   "Gap to Nasdaq-100": "\u2212922.4 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of CARZ is in S&P 500 companies?",
   "a": "By its holdings published by its issuer for Sep 10, 2026, 50% of CARZ by weight is stocks the S&P 500 already holds. Its active share against the index is 74%, so that share is the part doing something different."
  },
  {
   "q": "What does CARZ hold?",
   "a": "103 positions as published by its issuer for Sep 10, 2026, with the top ten at 47% of the fund. The largest are Microsoft Corporation at 6.0%, NVIDIA Corporation at 5.0%, Samsung Electronics Co., Ltd. at 4.8%."
  },
  {
   "q": "Has CARZ beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 CARZ returned +58.9% with distributions reinvested, against +17.5% for the S&P 500, so it finished ahead of the index by 41.4 points."
  },
  {
   "q": "What does CARZ cost?",
   "a": "The prospectus expense ratio is 0.70% a year. Because 74% of the fund differs from the S&P 500, the fee on that differing part works out at 0.94%."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}