First Trust NASDAQ Global Auto Index Fund
ALTAR
Score™
11.3% info Recommen-
dation
SPECULATIVE
2020E    2021E
P/E
ratio
1,029.2x P/Sales
ratio
0.5x
P/BV
ratio
0.7x Div.
yield
1.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
First Trust NASDAQ Global Auto Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the NASDAQ OMX Global Auto Index.

FUND BASICS
Category Global Equities
Fund Sponsor First Trust Advisors LP
Website www.ftportfolios.com
Inception date May 09, 2011
Assets (mns) $47
Currency USD
Expense ratio 70 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 33
Wgt avg mkt cap (mns) $84,462
Large cap (>$10bn) 87.5%
Mid cap ($2-10bn) 12.1%
Small cap (<$2bn) 0.4%
Developed mkts 80.8%
Emerging mkts 19.2%

TOP TEN HOLDINGS
DAIMLER AG-REGISTERED SHARES 8.7 %
TESLA MOTORS INC 7.5 %
HONDA MOTOR CO LTD 7.0 %
TOYOTA MOTOR CORP 6.7 %
VOLKSWAGEN AG-PFD 6.6 %
BYD CO LTD-H 6.0 %
GENERAL MOTORS CO 4.8 %
KIA MOTORS CORPORATION 4.6 %
FORD MOTOR CO 4.4 %
GEELY AUTOMOBILE HOLDINGS LT 4.3 %
Total 60.5 %

TOP COUNTRY EXPOSURE
JAPAN 29.1 %
GERMANY 22.7 %
UNITED STATES 18.6 %
CHINA 11.1 %
SOUTH KOREA 8.3 %
HONG KONG 5.3 %
FRANCE 3.1 %
SINGAPORE 0.5 %
TAIWAN 0.4 %
MALAYSIA 0.2 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru November 30)
Year-to-date 1 year 5 years 10 years Since Incep.
42.6% 45.2% 7.6% -- 6.9%

Market Correlations
versus... Beta R-squared
S&P500 1.30 74%
MSCI EAFE 1.38 81%
MSCI Emg. Mkts. 1.13 68%

Technical Indicators
Recent close $49.21
30d moving avg. $44.92
Annualized volatility 28.4%
Short interest (ETF) 2.6%
Relative strength (RSI) 68

Liquidity measures
Avg. volume (thou.) 16
Turnover 1.7%
Bid/Ask (% of price) 0.76%
ADV underlying (mns) $27,399

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 97 potential alternatives to the First Trust NASDAQ Global Auto Index Fund ETF based on the alternatives' overlap in portfolio holdings with CARZ. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: CARZ Expense: 70 bp ALTAR Score™: 11.3%


ALTERNATIVE ETFs BASED ON OVERLAP WITH CARZ
Ticker Fund
Name
Overlap1
vs CARZ
(%)
Expense
ratio
(bp)
Savings
vs CARZ
(bp)
ALTAR
Score™
(%)
ALTAR
vs CARZ
(%)
EKAR Innovation Shares NextGen Vehicles & Technology ETF 26.9 95 -25 6.0 -5.3
IDRV iShares Self-driving EV & Tech ETF 26.6 47 23 5.6 -5.6
DRIV Global X Autonomous & Electric Vehicles ETF 21.8 68 2 5.0 -6.3
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 17.6 70 0 3.3 -7.9
FTXR First Trust Nasdaq Transportation ETF 16.4 60 10 5.4 -5.9
MOTO SmartETFs Smart Transportation & Technology ETF 13.3 68 2 6.2 -5.1
FIDI Fidelity International High Dividend ETF 13.1 39 31 10.4 -0.9
CHIQ Global X China Consumer ETF 13.0 65 5 6.1 -5.1
EWJV iShares MSCI Japan Value ETF 12.2 15 55 9.4 -1.9
BATT Amplify Advanced Battery Metals & Materials ETF 11.9 59 11 2.7 -8.6
FGM First Trust Germany AlphaDEX Fund 11.6 80 -10 5.6 -5.7
RXI iShares Global Consumer Discretionary ETF 11.2 46 24 4.6 -6.7
IYK iShares U.S. Consumer Goods ETF 10.9 43 27 4.8 -6.5
LIT Global X Lithium & Battery Tech ETF 10.5 75 -5 2.3 -9.0
QDEU SPDR MSCI Germany Quality Mix ETF 9.9 14 56 7.2 -4.0
VCR Vanguard Consumer Discretionary Index Fund 9.8 10 60 3.7 -7.5
FDIS Fidelity MSCI Consumer Discretionary Index ETF 9.7 8 62 3.4 -7.9
DAX Global X DAX Germany ETF 9.6 21 49 7.3 -4.0
DBGR Xtrackers MSCI Germany Hedged Equity ETF 9.4 45 25 6.8 -4.4
EWG iShares MSCI Germany ETF 9.2 49 21 7.0 -4.3
SFYF SoFi 50 ETF 8.7 29 41 0.8 -10.4
FLGR Franklin FTSE Germany ETF 8.7 9 61 7.3 -4.0
JHMC John Hancock Multifactor Consumer Discretionary ETF 8.6 40 30 3.9 -7.4
XKST SPDR Kensho Smart Mobility ETF 8.4 45 25 3.9 -7.3
SDG iShares Sustainable MSCI Global Impact ETF 8.4 49 21 5.6 -5.7
FKO First Trust South Korea AlphadDEX Fund 8.1 80 -10 9.0 -2.3
DXJ WisdomTree Japan Hedged Equity Fund 7.9 48 22 7.7 -3.5
XNTK SPDR NYSE Technology ETF 7.5 35 35 3.2 -8.0
MTUM iShares MSCI USA Momentum Factor ETF 7.5 15 55 3.0 -8.2
GEX VanEck Vectors Global Alternative Energy ETF 7.5 62 8 2.5 -8.7
IQM Franklin Intelligent Machines ETF 7.5 50 20 1.6 -9.7
FDG American Century Focused Dynamic Growth ETF 7.5 45 25 1.5 -9.7
ARKQ Ark Industrial Innovation ETF 7.5 75 -5 0.3 -10.9
ARKW ARK Web x.0 ETF 7.5 76 -6 -0.8 -12.0
ARKK ARK Innovation ETF 7.5 75 -5 -2.1 -13.3
DXGE WisdomTree Germany Hedged Equity Fund 7.1 48 22 8.3 -3.0
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 7.0 75 -5 1.9 -9.4
PEZ Invesco DWA Consumer Cyclicals Momentum ETF 6.9 60 10 1.7 -9.6
IVLU iShares Edge MSCI Intl Value Factor ETF 6.8 30 40 10.5 -0.8
KGRN KraneShares MSCI China Environment Index ETF 6.6 80 -10 7.7 -3.6
BBJP JPMorgan BetaBuilders Japan ETF 6.5 19 51 6.6 -4.7
ISDX Invesco Strategic Developed ex-US ETF 6.5 23 47 6.7 -4.6
FLJH Franklin FTSE Japan Hedged ETF 6.5 9 61 6.8 -4.4
FLJP Franklin FTSE Japan ETF 6.4 9 61 6.8 -4.5
QJPN SPDR MSCI Japan StrategicFactors ETF 6.3 14 56 6.8 -4.5
EWJ iShares MSCI Japan ETF 6.2 49 21 6.3 -4.9
DBJP Xtrackers MSCI Japan Hedged Equity ETF 6.2 45 25 6.3 -4.9
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 6.0 60 10 0.3 -11.0
VXF Vanguard Extended Market Index Fund 6.0 6 64 2.9 -8.4
FNDF Schwab Fundamental International Large Co. Index ETF 5.9 25 45 8.0 -3.2
IQIN IQ 500 International ETF 5.9 25 45 7.9 -3.3
KESG KraneShares MSCI China ESG Leaders Index ETF 5.6 59 11 10.2 -1.0
VLUE iShares MSCI USA Value Factor ETF 5.6 15 55 10.4 -0.9
RPV Invesco S&P 500 Pure Value ETF 5.2 35 35 9.3 -1.9
EFV iShares MSCI EAFE Value ETF 5.0 39 31 8.7 -2.6
ACES ALPS Clean Energy ETF 5.0 65 5 0.4 -10.8
AIEQ AI Powered Equity ETF 5.0 87 -17 3.1 -8.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 4.9 45 25 7.9 -3.3
FLKR Franklin FTSE South Korea ETF 4.8 9 61 7.9 -3.4
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 4.8 49 21 8.8 -2.5
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 4.7 25 45 6.4 -4.8
FXD First Trust Consumer Discretionary AlphaDEX Fund 4.7 64 6 5.3 -6.0
EWY iShares MSCI South Korea ETF 4.6 59 11 7.5 -3.8
QYLD Global X NASDAQ 100 Covered Call ETF 4.5 60 10 3.3 -7.9
SPVU Invesco S&P 500 Enhanced Value ETF 4.5 13 57 10.1 -1.2
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 4.5 60 10 3.3 -8.0
XKCP SPDR Kensho Clean Power ETF 4.4 45 25 1.0 -10.2
NUSI Nationwide Risk-Managed Income ETF 4.4 68 2 3.3 -8.0
FEM First Trust Emerging Markets AlphaDEX Fund 4.4 80 -10 12.3 +1.0
QQQM Invesco NASDAQ 100 ETF 4.4 15 55 3.7 -7.5
QQQ Invesco QQQ Trust 4.4 20 50 3.7 -7.6
HIPR Direxion High Growth ETF 4.3 40 30 4.3 -6.9
ENTR Entrepreneur 30 Fund 4.2 49 21 1.0 -10.3
JKE iShares Morningstar Large-Cap Growth ETF 4.1 25 45 2.9 -8.4
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 4.0 80 -10 8.5 -2.7
RCD Invesco S&P 500 Equal Weight Consumer Discretionary ETF 4.0 40 30 5.1 -6.2
ECON Columbia Emerging Markets Consumer ETF 4.0 59 11 5.4 -5.8
DVLU First Trust Dorsey Wright Momentum & Value ETF 4.0 60 10 9.5 -1.8
FCTR First Trust Lunt U.S. Factor Rotation ETF 3.9 65 5 1.8 -9.4
UEVM VictoryShares USAA MSCI Emerging Markets Value Momentum ETF 3.9 45 25 13.7 +2.4
CLRG IQ Chaikin U.S. Large Cap ETF 3.8 25 45 5.3 -5.9
TMFC Motley Fool 100 Index ETF 3.8 50 20 3.2 -8.0
HLAL Wahed FTSE USA Shariah ETF 3.8 50 20 4.2 -7.1
VPL Vanguard FTSE Pacific ETF 3.8 8 62 6.8 -4.5
JPXN iShares JPX-Nikkei 400 ETF 3.7 48 22 6.4 -4.9
FEZ SPDR EURO STOXX 50 ETF 3.7 29 41 6.2 -5.1
JPN Xtrackers Japan JPX-Nikkei 400 Equity ETF 3.7 9 61 6.9 -4.4
ONEY SPDR Russell 1000 Yield Focus ETF 3.7 20 50 7.8 -3.5
FEUZ First Trust Eurozone AlphaDEX ETF 3.7 80 -10 7.4 -3.8
XT iShares Exponential Technologies ETF 3.6 47 23 4.7 -6.5
XLY Consumer Discretionary Select Sector SPDR Fund 3.5 13 57 4.2 -7.0
IPAC iShares Core MSCI Pacific ETF 3.5 9 61 6.5 -4.7
ECOZ TrueMark ESG Active Opportunities ETF 3.5 58 12 3.3 -8.0
VYMI Vanguard International High Dividend Yield ETF 3.5 27 43 9.4 -1.9
IDY Pacific Global International Equity Income ETF 3.4 39 31 7.6 -3.7
DYNF BlackRock U.S. Equity Factor Rotation ETF 3.4 30 40 5.5 -5.7
FDT First Trust Developed Markets ex-US Alphadex Fund 3.4 80 -10 8.1 -3.2

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
First Trust NASDAQ Global Auto Index Fund
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE

Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 7.9 %
Divided by: Fwd. P/BV 0.7 x
Less: Expense ratio 70 bp
Equals: ALTAR Score 11.3 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.49 CATEGORY
AVERAGE
1.48
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.