CARZ

First Trust Exchange-Traded Fund II First Trust S-Network Future Vehicles & Technology ETF

$76.02

+0.00%

Market closed. Last update: 10:55 PM ET

📎 Investment Objective

The First Trust S-Network Future Vehicles & Technology ETF (CARZ) seeks to provide investment results that correspond generally to the price and yield performance of the S-Network Future Vehicles Index, which is designed to track the performance of companies involved in the future vehicles and transportation technology industry.

Overview

ETF tracking First Trust Exchange-Traded Fund II First Trust S-Network Future Vehicles & Technology ETF

Category Consumer Discretionary

Issuer First Trust

Inception Date 2011-05-10

Market Cap $34.2M

Average Volume N/A

Dividend Yield 1.15%

52-Week Range $45.20 - $79.29

VWAP $75.86

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests in a portfolio of equity securities that are included in the S-Network Future Vehicles Index. The index is composed of companies that are involved in the research, development, production, or utilization of future vehicles and transportation technology, including electric vehicles, autonomous vehicles, and related technologies.

✨ Key Features

Provides exposure to companies at the forefront of future vehicle and transportation technology innovation
Diversified portfolio across various sub-sectors of the future vehicles and transportation technology industry
Passively managed to track the performance of the underlying index
Low expense ratio of 0.00%

⚠️ Primary Risks

Concentration risk as the fund is focused on a specific industry sector
Volatility risk as the future vehicles and transportation technology industry is rapidly evolving
Liquidity risk due to the fund's small asset size and trading volume
Tracking error risk as the fund may not perfectly replicate the performance of the underlying index

👤 Best For

This ETF may be suitable for investors with a long-term investment horizon who are seeking exposure to the future vehicles and transportation technology industry and are willing to accept the higher level of risk associated with a focused sector fund.