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First Trust S-Network Future Vehicles & Technology ETF
CARZ (First Trust S-Network Future Vehicles & Technology ETF) is an active US Technology Equity ETF by First. With a 0.70% MER, it provides diversified exposure through 52 holdings. Semi-annual distribution with a 1.89% yield.
CARZ is actively managed by First's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.70% MER, its fees are in line with category averages.
This sector ETF works well as a satellite position to overweight a specific sector within an already diversified portfolio.