# First Trust S-Network Future Vehicles & Technology ETF (CARZ): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/carz for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: First Trust · Asset class: Sector Equity - Strategy: Thematic · Inception: 2011-05-09 The First Trust S-Network Future Vehicles & Technology ETF (CARZ), previously known as the First Trust NASDAQ Global Auto Index Fund, endeavors to generally mirror the price and income performance of the S-Network Electric & Future Vehicle Ecosystem Index, prior to accounting for its own operational costs. The fund typically allocates at least 90% of its total assets, which may include borrowed capital used for investment, to the common stocks and depository receipts that comprise this benchmark index. ## Key Facts | Metric | Value | |---|---| | Price | $99.62 | | Expense Ratio | 0.70% | | Assets Under Management | $45.9M | | NAV | $102.00 | | Holdings Count | 100 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Quarterly | | 52-Week Range | $70.12 – $123.17 | | Beta | 1.52 | ## Latest Distribution - Amount: $1.0769 /share - Ex-date: 2025-12-12 - Pay date: 2025-12-31 ## Frequently Asked Questions ### What does CARZ invest in? The First Trust S-Network Future Vehicles & Technology ETF (CARZ), previously known as the First Trust NASDAQ Global Auto Index Fund, endeavors to generally mirror the price and income performance of the S-Network Electric & Future Vehicle Ecosystem Index, prior to accounting for its own operational costs. The fund typically allocates at least 90% of its total assets, which may include borrowed capital used for investment, to the common stocks and depository receipts that comprise this benchmark index. ### What is the expense ratio of CARZ? First Trust S-Network Future Vehicles & Technology ETF (CARZ) charges an expense ratio of 0.70%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is CARZ? First Trust S-Network Future Vehicles & Technology ETF (CARZ) manages $45.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is CARZ actively managed or an index fund? CARZ's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was CARZ launched? First Trust S-Network Future Vehicles & Technology ETF (CARZ) launched in May 2011 and is managed by First Trust. ### How has CARZ performed? CARZ's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does CARZ pay a dividend? First Trust S-Network Future Vehicles & Technology ETF (CARZ) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does CARZ pay dividends? First Trust S-Network Future Vehicles & Technology ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is CARZ's dividend yield? CARZ's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is CARZ's next ex-dividend date? The most recently announced ex-dividend date for CARZ was 2025-12-12. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will CARZ's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.70% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does CARZ charge its expense ratio? The expense ratio is deducted in tiny daily slices from CARZ's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does CARZ cost more than a fund like VOO? CARZ's strategy (current expense ratio 0.70%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where CARZ sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to CARZ? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as CARZ (0.70%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/carz - Distribution history: https://www.dividenddata.com/funds/carz/dividend - Holdings & diversification: https://www.dividenddata.com/funds/carz/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/carz/expenses - Peer comparison: https://www.dividenddata.com/funds/carz/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.