CARZ vs IVV
First Trust S-Network Future Vehicles & Technology ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. CARZ delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | CARZ | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.70% | 0.03% | |
| AUM | $49M | $907.0B | |
| Dividend Yield | 1.33% | 1.10% | |
| Holdings | 105 | 508 | |
| YTD Return | +33.13% | +12.71% | |
| 1Y Return | +65.20% | +21.89% | |
| 3Y Return (annualized) | +28.09% | +22.08% | |
| 5Y Return (annualized) | +15.25% | +12.96% | |
| Volatility (annualized) | 24.2% | 15.1% | |
| Max Drawdown | -51.2% | -56.5% | |
| Fund Family | First Trust Portfolios (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | May 9, 2011 | May 15, 2000 |
CARZ vs IVV Performance
First Trust S-Network Future Vehicles & Technology ETF (CARZ) is a ETF from First Trust Portfolios (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year CARZ returned +65.20% while IVV returned +21.89%. Year to date, CARZ is up 33.13% versus a gain of 12.71% for IVV.
Over three years, CARZ compounded at +28.09% per year against +22.08% for IVV; over five years the annualized figures are +15.25% and +12.96% respectively. Across the full 15-year window we track, CARZ has the edge at +10.38% annualized vs +7.00%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CARZ has been the more volatile fund, with annualized monthly volatility of 24.2% compared with 15.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -51.2% for CARZ and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CARZ charges 0.70% per year while IVV charges 0.03%. On a $10,000 position that is $70 vs $3 annually, a gap of $67 per year that compounds over a long holding period. On income, CARZ currently yields 1.33% against 1.10% for IVV.
Holdings Overlap
CARZ and IVV share 22 holdings out of 582 unique holdings combined, representing a 24.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, CARZ or IVV?
CARZ has an expense ratio of 0.70% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $67 per year of difference.
Which performed better, CARZ or IVV?
Over the past year CARZ returned +65.20% vs +21.89% for IVV, so CARZ leads on 1-year performance. Over the longest common window we track (15 years), CARZ annualized +10.38% vs +7.00% for IVV. Past performance does not guarantee future results.
Which is riskier, CARZ or IVV?
CARZ has been the more volatile fund at 24.2% annualized versus 15.1% for IVV. Worst drawdown: CARZ -51.2% vs IVV -56.5%.
Should I hold both CARZ and IVV?
CARZ and IVV have a monthly-return correlation of 0.79, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CARZ and IVV?
CARZ and IVV share 22 common holdings with a 24.9% weight overlap. Combined, they hold 582 unique securities.
Which pays a higher dividend, CARZ or IVV?
CARZ yields 1.33% while IVV yields 1.10%, so CARZ currently pays the higher dividend yield.
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