First Trust NASDAQ Global Auto Index Fund
ALTAR
Score™
17.2% info Recommen-
dation
SPECULATIVE
2020E    2021E
P/E
ratio
19.1x P/Sales
ratio
0.3x
P/BV
ratio
0.5x Div.
yield
2.6%


  • 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 10, 2011
Assets (mns) $16
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 32
Wgt avg mkt cap (mns) $51,134
Large cap (>$10bn) 83.3%
Mid cap ($2-10bn) 15.9%
Small cap (<$2bn) 0.7%
Developed mkts 87.6%
Emerging mkts 12.4%

TOP TEN HOLDINGS
TESLA MOTORS INC 11.2 %
HONDA MOTOR CO LTD 8.3 %
VOLKSWAGEN AG-PFD 8.1 %
TOYOTA MOTOR CORP 8.1 %
GENERAL MOTORS CO 7.8 %
GEELY AUTOMOBILE HOLDINGS LT 4.0 %
BAYERISCHE MOTOREN WERKE AG 3.9 %
FUJI HEAVY INDUSTRIES LTD 3.8 %
DAIMLER AG-REGISTERED SHARES 3.8 %
PORSCHE AUTOMOBIL HLDG-PFD 3.8 %
Total 62.7 %

TOP COUNTRY EXPOSURE
JAPAN 32.3 %
UNITED STATES 24.4 %
GERMANY 19.5 %
SOUTH KOREA 6.7 %
CHINA 5.4 %
FRANCE 5.0 %
HONG KONG 4.9 %
TAIWAN 0.5 %
ITALY 0.2 %
MALAYSIA 0.1 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-12.4% -1.9% -4.0% -- 1.7%

Market Correlations
versus... Beta R-squared
S&P500 1.16 75%
MSCI EAFE 1.32 82%
MSCI Emg. Mkts. 1.02 75%

Technical Indicators
Recent close $29.60
30d moving avg. $27.47
Annualized volatility 22.8%
Short interest (ETF) 2.3%
Relative strength (RSI) 62

Liquidity measures
Avg. volume (thou.) 9
Turnover 1.6%
Bid/Ask (% of price) 0.82%
ADV underlying (mns) $17,137

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 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™: 17.2%


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 27.2 65 5 9.4 -7.8
IDRV iShares Self-driving EV & Tech ETF 25.6 47 23 7.3 -9.9
FTXR First Trust Nasdaq Transportation ETF 22.0 60 10 8.0 -9.2
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 18.5 70 0 6.1 -11.1
DRIV Global X Autonomous & Electric Vehicles ETF 18.1 68 2 6.3 -10.9
FIDI Fidelity International High Dividend ETF 13.5 39 31 11.9 -5.3
LIT Global X Lithium & Battery Tech ETF 13.2 75 -5 3.8 -13.4
EWJV iShares MSCI Japan Value ETF 12.6 15 55 11.6 -5.6
RXI iShares Global Consumer Discretionary ETF 11.5 46 24 6.0 -11.2
ARKQ Ark Industrial Innovation ETF 11.1 75 -5 0.8 -16.4
MOTO SmartETFs Smart Transportation & Technology ETF 11.0 68 2 8.6 -8.6
GEX VanEck Vectors Global Alternative Energy ETF 10.5 63 7 5.0 -12.2
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 10.1 60 10 0.8 -16.4
ARKK ARK Innovation ETF 9.9 75 -5 -3.3 -20.5
DXJ WisdomTree Japan Hedged Equity Fund 9.9 48 22 8.9 -8.3
ARKW ARK Web x.0 ETF 9.5 76 -6 -0.8 -17.9
CHIQ Global X China Consumer ETF 9.3 65 5 9.8 -7.4
XKST SPDR Kensho Smart Mobility ETF 9.0 45 25 2.9 -14.3
FGM First Trust Germany AlphaDEX Fund 9.0 80 -10 7.4 -9.8
GMAN Goldman Sachs Motif Manufacturing Revolution ETF 8.5 50 20 4.5 -12.7
IYK iShares U.S. Consumer Goods ETF 8.2 42 28 5.5 -11.7
EWG iShares MSCI Germany ETF 7.9 49 21 7.6 -9.5
DAX Global X DAX Germany ETF 7.8 20 50 8.3 -8.9
QDEU SPDR MSCI Germany Quality Mix ETF 7.8 14 56 8.0 -9.2
DBGR Xtrackers MSCI Germany Hedged Equity ETF 7.7 45 25 7.8 -9.4
DXGE WisdomTree Germany Hedged Equity Fund 7.6 48 22 9.7 -7.5
FLGR Franklin FTSE Germany ETF 7.2 9 61 7.8 -9.4
IVLU iShares Edge MSCI Intl Value Factor ETF 6.8 30 40 12.1 -5.1
BBJP JPMorgan BetaBuilders Japan ETF 6.6 19 51 8.1 -9.1
EWJ iShares MSCI Japan ETF 6.6 49 21 7.9 -9.3
HFXJ IQ 50 Percent Hedged FTSE Japan ETF 6.6 30 40 8.1 -9.1
FLJP Franklin FTSE Japan ETF 6.5 9 61 8.3 -8.9
DBJP Xtrackers MSCI Japan Hedged Equity ETF 6.5 45 25 7.9 -9.3
QJPN SPDR MSCI Japan StrategicFactors ETF 6.5 14 56 8.4 -8.8
FLJH Franklin FTSE Japan Hedged ETF 6.4 9 61 8.3 -8.9
RDIV Invesco S&P Ultra Dividend Revenue ETF 6.3 39 31 11.3 -5.9
ACES ALPS Clean Energy ETF 6.3 65 5 1.3 -15.9
XKCP SPDR Kensho Clean Power ETF 6.2 45 25 -11.0 -28.2
HEDJ WisdomTree Europe Hedged Equity Fund 5.9 58 12 7.5 -9.7
XNTK SPDR Morgan Stanley Technology ETF 5.7 35 35 4.0 -13.2
SDG iShares Sustainable MSCI Global Impact ETF 5.6 49 21 6.4 -10.8
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 5.6 25 45 8.1 -9.1
LOUP Innovator Loup Frontier Tech ETF 5.5 70 0 3.3 -13.9
IQIN IQ 500 International ETF 5.5 25 45 9.9 -7.3
EFV iShares MSCI EAFE Value ETF 5.4 39 31 10.8 -6.4
FNDF Schwab Fundamental International Large Co. Index ETF 5.3 25 45 9.4 -7.8
FDIS Fidelity MSCI Consumer Discretionary Index ETF 5.3 8 62 4.1 -13.1
DOO WisdomTree International Dividend ex-Financials Fund 5.2 58 12 9.3 -7.9
JHMC John Hancock Multifactor Consumer Discretionary ETF 5.1 40 30 5.0 -12.2
IQM Franklin Intelligent Machines ETF 5.1 50 20 2.3 -14.9
RCD Invesco S&P 500 Equal Weight Consumer Discretionary ETF 5.0 40 30 8.6 -8.6
WBIY WBI Power Factor High Dividend ETF 5.0 70 0 14.6 -2.6
DVYA iShares Asia/Pacific Dividend ETF 5.0 49 21 10.1 -7.1
FMK First Trust Mega Cap AlphaDEX Fund 4.6 70 0 5.3 -11.9
FEUZ First Trust Eurozone AlphaDEX ETF 4.6 80 -10 8.2 -9.0
FJP First Trust Japan AlphaDEX Fund 4.6 80 -10 10.0 -7.2
VCR Vanguard Consumer Discretionary Index Fund 4.6 10 60 4.3 -12.9
BVAL Brand Value ETF 4.5 65 5 6.4 -10.8
IDY Pacific Global International Equity Income ETF 4.5 39 31 9.3 -7.8
FXD First Trust Consumer Discretionary AlphaDEX Fund 4.4 64 6 10.0 -7.2
DOL WisdomTree International LargeCap Dividend Fund 4.3 48 22 9.0 -8.2
SPVU Invesco S&P 500 Enhanced Value ETF 4.3 13 57 11.4 -5.7
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 4.3 45 25 9.6 -7.6
RPV Invesco S&P 500 Pure Value ETF 4.1 35 35 11.9 -5.3
BIBL Inspire ETF 4.1 35 35 4.8 -12.4
VPL Vanguard FTSE Pacific ETF 4.0 8 62 8.3 -8.8
VYMI Vanguard International High Dividend Yield ETF 3.9 32 38 10.8 -6.4
IPAC iShares Core MSCI Pacific ETF 3.9 9 61 8.0 -9.2
ISDX Invesco Strategic Developed ex-US ETF 3.8 23 47 8.1 -9.1
FPX First Trust US IPO Index Fund 3.7 59 11 4.2 -13.0
JPXN iShares JPX-Nikkei 400 ETF 3.7 48 22 7.9 -9.3
JPN Xtrackers Japan JPX-Nikkei 400 Equity ETF 3.7 9 61 8.3 -8.9
FLKR Franklin FTSE South Korea ETF 3.6 9 61 10.2 -6.9
AUSF Global X Adaptive U.S. Factor ETF 3.6 27 43 8.6 -8.6
PBW Invesco WilderHill Clean Energy ETF 3.6 70 0 -4.8 -21.9
JHMD John Hancock Multifactor Developed International ETF 3.5 45 25 7.9 -9.3
DTH WisdomTree DEFA Equity Income Fund 3.4 58 12 10.3 -6.9
VLUE iShares Edge MSCI USA Value Factor ETF 3.4 15 55 11.4 -5.8
KOMP SPDR Kensho New Economies Composite ETF 3.4 20 50 1.8 -15.4
JPMV iShares Edge MSCI Min Vol Japan ETF 3.3 30 40 7.3 -9.9
FDL First Trust Morningstar Dividend Leaders Index Fund 3.3 45 25 8.6 -8.6
RFAP First Trust Riverfront Dynamic Asia Pacific ETF 3.3 83 -13 7.6 -9.6
EWY iShares MSCI South Korea ETF 3.3 59 11 9.7 -7.5
SPDV AAM S&P 500 High Dividend Value ETF 3.2 29 41 10.9 -6.3
FEZ SPDR EURO STOXX 50 ETF 3.2 29 41 7.7 -9.5
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 3.1 35 35 9.1 -8.1
DWM WisdomTree International Equity Fund 3.1 48 22 8.8 -8.4
EFAS Global X MSCI SuperDividend EAFE ETF 3.1 55 15 10.8 -6.4
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 3.0 75 -5 2.2 -15.0
HDEF Xtrackers MSCI EAFE High Dividend Yield Hedged Equity ETF 2.9 20 50 9.9 -7.3
NUDM Nuveen ESG International Developed Markets Equity ETF 2.9 40 30 7.2 -10.0
ROAM Hartford Multifactor Emerging Markets ETF 2.9 44 26 15.7 -1.5
UIVM VictoryShares USAA MSCI International Value Momentum ETF 2.9 35 35 9.1 -8.1
FDT First Trust Developed Markets ex-US Alphadex Fund 2.9 80 -10 8.2 -9.0
SPYD SPDR S&P 500 High Dividend ETF 2.9 7 63 10.5 -6.7
FKO First Trust South Korea AlphadDEX Fund 2.8 80 -10 9.7 -7.5
IQSI IQ Candriam ESG International Equity ETF 2.8 15 55 7.7 -9.5
LVIN Hartford Multifactor Low Volatility International Equity ETF 2.8 29 41 13.0 -4.2
XLY Consumer Discretionary Select Sector SPDR Fund 2.8 13 57 4.6 -12.6
FEP First Trust Europe AlphaDEX Fund 2.8 80 -10 8.5 -8.7

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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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 8.9 %
Divided by: Fwd. P/BV 0.5 x
Less: Expense ratio 70 bp
Equals: ALTAR Score 17.2 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.59 CATEGORY
AVERAGE
1.51
 
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.