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Dividend Vision

CARZ ETF — First Trust S-Network Future Vehicles & Technology ETF

First Trust S-Network Future Vehicles & Technology ETF (CARZ)

Updated October 16, 2026.

Verdict as of October 16, 2026

CARZ's distribution is rated caution by the Dividend Vision Distribution Safety Score™ (54/100, medium confidence). It pays quarterly and its distribution rate is 0.29%. The latest total cash payment per current share, $1.08 with an ex-date of December 12, 2025, was 272.7% higher than the previous $0.289. These payments are unclassified; this does not establish a base-dividend change.

Sources: First Trust page for CARZ, Section 19a-1 notices, scoring methodology.

CARZ is an ETF. its distribution rate is 0.29%, its trailing-12-month yield is 1.08%, its expense ratio is 0.70%. Dividend Vision Distribution Safety Score™ is 54/100 (Caution). Total return is 322.8% over the past 15.4 years, 314.1 points behind SPY at 636.9%.

First Trust S-Network Future Vehicles & Technology ETF tracks an index of companies engaged in electric and autonomous vehicle manufacturing, as well as enabling technologies and materials for those sectors, investing at least 90% of assets in the underlying stocks. The fund distributes quarterly and carries a modest expense ratio of 0.70%; note that its latest distribution was special and may not recur regularly. The fund appeals to equity investors interested in exposure to the future vehicles and transportation technology sector.

CARZ dividend yield and income

Price as of 2026-10-16.

Trailing-12-month yield (1.08%) is the last year of cash distributions by ex-date divided by the current price. The dividend amount is $1.077. The ex-dividend date is 12/12/2025. The payment date is 12/31/2025.

Recorded distribution timeline (51)
Ex-dateAmountChange from previous payment
2025-12-12$1.077272.7%
Unclassified cash
2025-09-25$0.289-2.7%
Unclassified cash
2025-06-26$0.2972.8%
Unclassified cash
2024-12-13$0.289407.0%
Unclassified cash
2024-09-26$0.057-78.6%
Unclassified cash
2024-06-27$0.266300.6%
Unclassified cash
2024-03-21$0.0664-70.2%
Unclassified cash
2023-12-22$0.22385.8%
Unclassified cash
2023-09-22$0.12-65.5%
Unclassified cash
2023-06-27$0.348228.3%
Unclassified cash
2023-03-24$0.106-55.1%
Unclassified cash
2022-12-23$0.236105.2%
Unclassified cash
2022-09-23$0.115-49.3%
Unclassified cash
2022-06-24$0.227243.9%
Unclassified cash
2022-03-25$0.066-93.8%
Unclassified cash
2021-12-23$1.0571143.5%
Unclassified cash
2021-09-23$0.085-58.9%
Unclassified cash
2021-06-24$0.20716.3%
Unclassified cash
2020-12-24$0.178314.0%
Unclassified cash
2020-09-24$0.043-59.4%
Unclassified cash
2020-06-25$0.106-64.9%
Unclassified cash
2019-12-13$0.30214.8%
Unclassified cash
2019-09-25$0.263-44.0%
Unclassified cash
2019-06-14$0.47754.5%
Unclassified cash
2019-03-21$0.055-77.5%
Unclassified cash
2018-12-18$0.244121.8%
Unclassified cash
2018-09-14$0.11-79.6%
Unclassified cash
2018-06-21$0.54102.2%
Unclassified cash
2017-12-21$0.26760.8%
Unclassified cash
2017-09-21$0.166-63.3%
Unclassified cash
2017-06-22$0.45214966.7%
Unclassified cash
2017-03-23$0.003-98.8%
Unclassified cash
2016-12-21$0.26103.1%
Unclassified cash
2016-09-21$0.128-67.8%
Unclassified cash
2016-06-22$0.397492.5%
Unclassified cash
2016-03-23$0.067-64.6%
Unclassified cash
2015-12-23$0.189384.6%
Unclassified cash
2015-09-23$0.039-87.9%
Unclassified cash
2015-06-24$0.323669.0%
Unclassified cash
2015-03-25$0.042-79.3%
Unclassified cash
2014-12-23$0.2031591.7%
Unclassified cash
2014-09-23$0.012-97.0%
Unclassified cash
2014-06-24$0.3951695.5%
Unclassified cash
2014-03-25$0.022-66.2%
Unclassified cash
2013-12-18$0.065-70.9%
Unclassified cash
2013-06-21$0.223232.8%
Unclassified cash
2012-12-21$0.067168.0%
Unclassified cash
2012-09-21$0.025-81.6%
Unclassified cash
2012-06-21$0.136466.7%
Unclassified cash
2011-12-21$0.024-48.9%
Unclassified cash
2011-06-21$0.047—
2011 total (partial launch year)$0.071—
2012 total$0.228—
2013 total$0.28826.3%
2014 total$0.632119.4%
2015 total$0.593-6.2%
2016 total$0.85243.7%
2017 total$0.8884.2%
2018 total$0.8940.7%
2019 total$1.0921.9%
2020 total$0.327-70.0%
2021 total$1.349312.5%
2022 total$0.644-52.3%
2023 total$0.79723.8%
2024 total$0.6784-14.9%
2025 total$1.663145.1%

CARZ dividend growth

Trailing-12-month distributions versus the preceding 12 months changed +145.1%. The 1Y row below uses this same adjacent TTM cash-window comparison. The deepest trailing-12-month payout decline in the past five years is -24.83%.

TTM income vs TTM N years earlier
WindowChange
1Y+145.1%
3Y158.2%
5Y408.6%
10Y180.4%

CARZ holdings and sector exposure

Holdings are not available for this snapshot.

CARZ performance versus SPY

Price and return data through 2026-10-16.

Total return is 322.8% over the past 15.4 years, 314.1 points behind SPY at 636.9%. Over the past year its total return — price change plus distributions reinvested — is 33.7%. Its deepest 1-year drawdown was 21.4%.

WindowTotal returnCAGR
1M-3.9%—
3M-4.7%—
6M5.7%—
YTD27.5%—
1Y33.7%—
2Y CAGR—33.20%
3Y CAGR—26.30%
5Y CAGR—11.70%
10Y CAGR—13.50%
Since inception (15.4 years)322.8%9.80%

CARZ key facts

Distribution Safety Score™
54 · Caution
Safety-Adjusted Yield
0.16%
Issuer
First Trust
Asset type
ETF
Asset class
Equity
Inception date
05/09/2011
Expense ratio
0.70%
Distribution rate
0.29%
Distribution frequency
Quarterly
Trailing yield
1.08%
Last close
$99.30 (as of 2026-10-16)
AUM
$49,488,690
Average volume
1883.0
Dividend
$1.077
Ex-dividend date
12/12/2025
Payment date
12/31/2025
Beta
1.81

How Dividend Vision calculates yield and returns

Distribution rate (0.29%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.08%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: First Trust or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

CARZ risks and drawbacks

CARZ's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 21.4%.

Who may consider CARZ — and who may not

It is a weaker fit for investors who need monthly cash flow (CARZ pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on CARZ

Tagged: Technology.

Frequently asked questions

Does CARZ pay monthly?

No. CARZ currently pays quarterly, not monthly.

What is CARZ's expense ratio?

CARZ's expense ratio is 0.70%.

How has CARZ's dividend grown?

Trailing-12-month distributions versus the preceding 12 months changed +145.1%. That is the same adjacent TTM cash-window comparison used in the dividend-history table.

When does CARZ pay a dividend?

CARZ pays quarterly. The dividend amount is $1.077. The ex-dividend date is 12/12/2025. The payment date is 12/31/2025.

How has CARZ performed?

Total return is 322.8% over the past 15.4 years, 314.1 points behind SPY at 636.9%. Over the past year its total return — price change plus distributions reinvested — is 33.7%. Its deepest 1-year drawdown was 21.4%.

Is CARZ a good investment?

CARZ's Dividend Vision Distribution Safety Score is 54 (Caution). That is a risk signal, not investment advice. Its distribution rate is 0.29% (calculation basis unavailable). Compare peers below rather than treating any single figure as a buy or sell.

DividendVision analysis is generated from public SEC filing data and may not capture every change. Review the original filing for complete information.