First Trust S-Network Future Vehicles & Technology ETF (CARZ)
Summary
CARZ Chart
Iran war fuel spikes lift Europe's EV sales again, but growth may not last
Rising fuel prices driven by the Iran war are boosting demand for new and used electric vehicles across Europe, industry data shared with Reuters shows, though some executives warn interest could fade if petrol costs fall.
Sticker Shock at the Pump Fuels a Surge in Hybrid Sales
Sales of hybrid vehicles rose 33% in May versus last year, as buyers seek better fuel economy.
US industry, lawmakers plead with Trump: Don't open door to Chinese cars at Xi summit
As President Donald Trump prepares to meet with Chinese President Xi Jinping this week, the U.S. auto industry and lawmakers on both sides of the aisle are hammering him with a simple message: Please don't offer China any access to the U.S. car market.
First Trust S-Network Future Vehicles & Technology ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 4,232 | $501,576 | $501,576 | - | - |
 Joshua Stipcich Tidemark, LLC | 11 | $1,304 | $1,304 | - | - |
| MA Marie-Andree Alain Federation des caisses Desjardins du Quebec | 521 | $24,484.86 | $12,481.05 | -$12,003.81 | -49.03% |
 Proactive Wealth Strategies LLC Proactive Wealth Strategies LLC | 4,737 | $382,844.34 | $561.47 | -$382,282.87 | -99.85% |
| SIM Sims Investment Management LLC Sims Investment Management LLC | 3 | $356 | $306.42 | -$49.58 | -13.93% |
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First Trust S-Network Future Vehicles & Technology ETF Profile
| NASDAQ (NMS) Exchange | US Country |
Overview
The fund is a financial vehicle designed to provide investors with a focused investment opportunity within the rapidly evolving sectors of electric and autonomous vehicle manufacturing, along with the enabling technologies and materials that facilitate these innovations. By committing at least 90% of its net assets to stocks and depositary receipts within these sectors, the fund allows for concentrated exposure to companies at the forefront of vehicle electrification and automation. It accomplishes this by tracking an index specifically designed to represent the performance of companies listed on major recognized stock exchanges, which are actively engaged in these cutting-edge areas. The fund's strategy of non-diversification means that it can invest more heavily in particular stocks, which, while potentially increasing risk, also offers the possibility of greater returns by betting on the success of key players in the electric and autonomous vehicle industries.
Products and Services
- Investment in Electric Vehicle Manufacturing
The fund invests in companies involved in the production of electric vehicles (EVs), providing investors with exposure to the growing demand for cleaner, more sustainable modes of transportation. This includes manufacturers of both personal and commercial electric vehicles, leveraging trends towards environmental sustainability and innovation in mobility solutions.
- Investment in Autonomous Vehicle Manufacturing
Another focal area for the fund is investments in autonomous vehicle technologies and manufacturers. Autonomous or self-driving vehicles represent a significant technological advancement in the automotive industry, offering potential for improved road safety, efficiency, and a shift in traditional vehicle ownership models. The fund seeks to benefit from the advancements and market growth in this sector.
- Investment in Enabling Technologies
Recognizing the importance of underlying technologies in the development of electric and autonomous vehicles, the fund also invests in companies that provide enabling technologies. This includes a wide range of products and services, such as advanced battery technologies, electric drivetrains, and AI systems for autonomous navigation, essential for the evolution and adoption of EVs and self-driving cars.
- Investment in Enabling Materials
Alongside technologies, materials play a crucial role in the next generation of vehicles. The fund invests in companies that produce or develop materials critical to the manufacturing of electric and autonomous vehicles. This encompasses innovative materials designed to improve the performance, efficiency, and safety of these vehicles, such as lightweight composites and advanced conductive materials for better battery performance.
