BATT vs CARZ

BATTCAmplify Lithium & Battery Technology ETF

CARZCFirst Trust S-Network Future Vehicles & Technology ETF

In short

BATT Most EV funds buy the carmakers. BATT buys the battery, tracking a global index of roughly 50 lithium and battery-technology companies. It has been running since 2018 and charges less than the typical fund in its category.

CARZ A 2011 vintage that changed lanes. It spent its first decade tracking global carmakers, then in 2022 switched to an index of roughly 100 worldwide names across electric and autonomous vehicles, the tech that runs them, and the materials inside them.

Stated mandate

BATT The Fund seeks to track the EQM Lithium & Battery Technology Index before fees and expenses through passive indexing; it normally invests at least 80% of net assets in securities comprising the Index.

CARZ The fund seeks to track, before fees and expenses, the S-Network Electric & Future Vehicle Ecosystem Index, which focuses on companies involved in electric and autonomous vehicles and related enabling materials and technologies.

Why people hold it

• BATT The battery-chain purist. Where category peers like DRIV, IDRV and FDRV lean on autonomous driving and vehicle makers, BATT's index is built around lithium and battery technology itself.amplifyetfs.com
• 0.59% a year, below the 0.68% median for EV and battery funds. On a theme with this much swing, a lower annual toll is one of the few things you control.
• Simple plumbing: a passive 1940 Act fund that normally keeps at least 80% of net assets in the securities of the EQM Lithium & Battery Technology Index. What is in the index is what you own.amplifyetfs.com
• Trading since 2018, so the battery theme's booms and busts are already on its tape rather than in a backtest.

• CARZ Old ticker, newer mandate: launched in 2011 as a global automaker index fund, it moved to the S-Network Electric & Future Vehicle Ecosystem Index in January 2022.sec.gov
• Covers the chain, not just the badges: about 100 global names spanning electric and autonomous vehicle makers, the enabling technologies, and the materials that feed them.
• The index caps any single holding at 4.5% and weights the rest by float-adjusted market cap, so one megacap cannot quietly become the whole fund.ftportfolios.com

Worth knowing

• BATT Cheaper doors into electrification exist: FDRV charges 0.39% and IBAT 0.47%, though each defines the theme differently.
• About 50 stocks bolted to one supply chain. Lithium price swings or a single cell maker's bad quarter show up in the fund quickly.
• The mandate is global, so foreign-market and currency exposure comes with it. Payouts are occasional (annual or semiannual), not an income stream.

• CARZ The 0.70% expense ratio sits a shade above the peer-group midpoint and well above leaner builds like FDRV (0.39%) and IBAT (0.47%).
• A small asset base and light trading make wider bid-ask spreads more likely here than in the category's heavyweights.
• One industry chain, worldwide: it moves with electric and autonomous vehicle sentiment rather than the broad market, and cash comes back once or twice a year at most.

Full BATT profile⁠

Full CARZ profile⁠