(CARZ) First Trust S-Network - Ratings and Ratios

The First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) is designed to track the performance of companies engaged in the development and innovation of future vehicle technologies. The fund invests at least 90% of its net assets in common stocks and depositary receipts of companies listed on major exchanges, focusing on sectors such as electric vehicle manufacturing, autonomous driving technologies, and related enabling materials and technologies. The fund is non-diversified, allowing it to concentrate its holdings in a smaller number of securities that align with its investment objectives.

From a technical perspective, CARZ is currently trading below its 20-day and 50-day simple moving averages (SMA), which are 58.61 and 58.94, respectively. However, it is slightly above its 200-day SMA of 57.71, indicating mixed short-term momentum. The average true range (ATR) of 1.20 suggests moderate volatility, while the average 20-day volume of 1,685 shares reflects relatively low trading activity.

Fundamentally, the ETF has assets under management (AUM) of $31.09 million, indicating a smaller-scale fund focused on a niche segment of the automotive and technology sectors. The funds concentration on future vehicle technologies positions it to capitalize on long-term trends in electric vehicles, autonomous driving, and related innovations.