First Trust NASDAQ Global Auto Index Fund (CARZ)
  • 2021 Estimated Capital Gain Distributions
    Certain First Trust Exchange-Traded Funds are expected to pay a short term and/or long-term capital gain distribution in December. For a list of exchange-traded funds expected to pay a capital gain distribution, please click here. Final determination of the source and tax status of all distributions paid in the current year are to be made after year-end and could differ from the expectations noted above.
  • November 2, 2021 – First Trust Advisors L.P. (“FTA”) announced First Trust NASDAQ Global Auto Index Fund will seek investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an index called the S-Network Electric & Future Vehicle Ecosystem Index (the “New Index”). The Fund expects to begin tracking the New Index prior to the end of January 2022. Currently, the Fund seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the NASDAQ Global Auto Index(SM). The New Index will be composed of approximately 116 securities issued by companies that are materially engaged in the development and sales of electric and autonomous vehicle technologies. Additionally, at the time of the Fund’s change to the New Index, the Fund’s name is expected to change to First Trust SNetwork Electric & Future Vehicle Ecosystem ETF. The Fund’s shares will continue to be listed for trading on The Nasdaq Stock Market LLC and S-Network Global Indexes Inc. will serve as the Fund’s index provider. More information can be found here.
Investment Objective/Strategy - The First Trust NASDAQ Global Auto Index Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of an equity index called the Nasdaq Global Auto IndexSM.
There can be no assurance that the Fund's investment objectives will be achieved.
  • The index is a modified market-capitalization weighted index that includes securities of companies that are classified as an Automobile Manufacturer.
  • To be included in the index, a security must meet the following criteria:
    • listed on an index-eligible global stock exchange,
    • have a minimum worldwide market capitalization of at least $500 million,
    • have a minimum three-month average daily dollar trading volume of $1 million.
  • The index employs a modified market cap weighting methodology in which larger companies receive a larger index weighting. The index weighting methodology includes caps to prevent high concentrations among larger stocks.
  • The index is reconstituted annually and rebalanced quarterly.
Fund Overview
Fund TypeInternational Equity
Investment AdvisorFirst Trust Advisors L.P.
Investor Servicing AgentBank of New York Mellon Corp
Fiscal Year-End09/30
Inception Price$29.88
Inception NAV$29.88
Rebalance FrequencyQuarterly
Expense Ratio0.70%
Current Fund Data (as of 12/2/2021)
Closing NAV1$62.39
Closing Market Price2$62.48
Bid/Ask Midpoint$62.58
Bid/Ask Premium0.30%
30-Day Median Bid/Ask Spread30.77%
Total Net Assets$77,986,486
Outstanding Shares1,250,002
Daily Volume24,010
Average 30-Day Daily Volume19,196
Closing Market Price 52-Week High/Low$66.95 / $48.14
Closing NAV 52-Week High/Low$66.42 / $48.00
Number of Holdings (excluding cash)33
Top Holdings (as of 12/2/2021)*
Holding Percent
Tesla, Inc. 11.16%
General Motors Company 9.43%
Daimler AG 8.79%
Toyota Motor Corporation 7.84%
Honda Motor Co., Ltd. 7.00%
Ford Motor Company 5.77%
BYD Company Limited (Class H) 4.39%
Bayerische Motoren Werke (BMW) AG 4.00%
Subaru Corp. 3.75%
Hyundai Motor Company 3.61%

* Excluding cash.  Holdings are subject to change.

NAV History (Since Inception)
Past performance is not indicative of future results.
Distribution Information
Dividend per Share Amt (as of 12/3/2021)4$0.0845
30-Day SEC Yield (as of 10/29/2021)51.23%
12-Month Distribution Rate (as of 10/29/2021)60.74%
Index Yield (as of 10/29/2021)71.25%
Fund Characteristics (as of 11/30/2021)9
Maximum Market Cap.$1,152,109
Median Market Cap.$19,431
Minimum Market Cap.$807
Price/Cash Flow5.90
Top Country Exposure (as of 12/2/2021)
Country Percent
Japan 28.07%
United States 28.01%
Germany 18.99%
China 10.73%
South Korea 7.19%
Hong Kong 3.11%
France 2.45%
Singapore 0.54%
Taiwan 0.48%
United Kingdom 0.43%
Bid/Ask Premium/Discount (as of 12/2/2021)
  2020 Q1 2021 Q2 2021 Q3 2021
Days Traded at Premium 152 41 33 42
Days Traded at Discount 101 20 30 22
Hypothetical Growth of $10,000 Since Inception (as of 12/2/2021) *