BROCX vs CARZ Fund Comparison

A comparison between BROCX and CARZ based on their expense ratio, growth, holdings and how well they match their benchmark performance.

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Minafi's Take on BROCX vs CARZ

Here's an in depth look at the differences between BlackRock Advantage International Fund Investor C Shares ($BROCX) and First Trust NASDAQ Global Auto Index Fund ($CARZ).

To start off, here's a look at the basics of each fund. Keep an eye on the FI Score. That's a custom score from 0 to 100 that we generate based on how good this fund is for the casual investor. Most investors only need a handful of total funds in their portfolio. The higher the score, the more likely this is one of those few. Score alone isn't enough! Keep reading on to see how different (or perhaps similar) these two funds are.

40% FI Score
  • brocx
  • Mutual Fund
  • International Stocks
  • Large Blend

BlackRock Advantage International Fund Investor C Shares

Expenses: 1.59% (Better than 0% of similar funds)

This is a bad choice for a Large Blend International Stocks fund. See why »

18% FI Score
  • carz
  • ETF
  • Sector Equity
  • Consumer Cyclicals

First Trust NASDAQ Global Auto Index Fund

Expenses: 0.70% (Better than 0% of similar funds)

This is a bad choice for a Consumer Cyclicals Sector Equity fund. See why »

$BROCX is classified as a Mutual Fund while $CARZ is classified as an ETF. Even though one of these is a mutual fund and the other is an ETF, that doesn't matter too much for their holdings. Both ETFs and mutual funds are just containers to hold lots of investments inside of them.

The biggest differences between these two is where they may be offered. ETFs are more widely availble from a larger number of investment apps and websites. Mutual funds, on the other hand, are generally offered by the platform they're issued by (Fidelity funds on Fidelity, Vanguard funds on Vanguard). Usually 401(k)'s will offer both ETFs and Mutual Funds. If you're investing outside of a 401(k), I'd recommend you verify the fees associated with ETF and mutual fund transactions. Some platforms charge an additional fee to purchase a mutual fund.

To learn more about the difference between these two, you can read about the difference between ETFs and Mutual Funds.

When evaluating a fund, the first things I look at are:

  • What it invests in
  • How much it charges in fees
  • How large the fund is

Let's look into these criteria one by one and see if either of these funds stands out.

Fund Holdings Comparison

Minafi's FI Score algorithm takes into account the category and market. The more niche a fund is, the lower the score. This doesn't mean it's a worse fund, but it does mean you should stop and make sure this a fund you need to diversify your portfolio.

BROCX CARZ
Market Score 6.4 /10 2.4 /10
Category Score 10.0 /10 0.0 /10
Total 16.4 2.4

A score of 10 means this is a solid market and category that almost every investor will want to have investments in. The lower the score, the more specific the investment. These scores are based on when most investors would add these funds to their portfolio. A score of 10 means that this fund (or one like it) belongs in a three-fund portfolio. The lower the score, the farther down in your portfolio a fund would go.

Winner: $BROCX

Fee Comparison

Fees are one of the biggest killers of portfolio growth. The difference between a 2% fee and a 0.04% fee over 30 years can result in your portfolio having half the total value!

If you're just getting started investing and learning how fees impact your portfolio, I'd encourage you to read through my free investment course (specifically '2.2 - All About Fees') where I go over all the different types of fees you can be charged and how to lower them.

For these two funds, BROCX has an expense ratio of 1.59% while CARZ has an expense ratio of 0.70%. In this case, both of these funds have a similar fee.

Winner: $CARZ (barely)

Fund Size Comparison

One place these two funds differ is in their total assets under management. This is a good indication of how many other investors trust this fund. A large fund by itself doesn't mean it's a good fund, but it is one thing to consider when figuring out how to choose the right fund.

In the case of these two funds, BROCX is a medium fund with 896 Million in assets under management. CARZ, on the other hand, is a small fund with 16.2 Million in assets under management.

Winner: $BROCX, BlackRock Advantage International Fund Investor C Shares

Which Should You Choose? BROCX or CARZ?

Comparing these two funds isn't an apples to apples comparison. BROCX is a International Stocks Large Blend fund, while CARZ is a Sector Equity Consumer Cyclicals fund.

If you're aiming to build a diversified, low-fee, tax-optimized portfolio you likely won't be choosing between these two funds since they're different enough.

Running both of these funds through Minafi's FI Score algorithm, gives BROCX a score of 40 and CARZ a score of 18.

Winner: Neither, I'd research more funds if you're looking to invest for retirement.

$BROCX

BlackRock Advantage International Fund Investor C Shares

40

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Ratings
Rating Type Rating
Expense Ratio Score 2 /10
Expense Rating 0 /10
Market Score 6 /10
Category Score 10 /10
Overview
Overview Details
Fund Type Mutual Fund
Inception Date Jan-31-2006
Exchange NMFQS
Expense Ratio 1.590%
Net Assets 896 Million
Yield 1.94%
Holdings
Description Info
Market International Stocks
Category Large Blend
Sectors
  • Basic Materials 7.40%
  • Communication Services 8.20%
  • Consumer Cyclical 8.04%
  • Consumer Defensive 13.01%
  • Energy 3.37%
  • Financial Services 14.78%
  • Healthcare 15.56%
  • Industrials 13.68%
  • Real Estate 2.98%
  • Technology 9.36%
  • Utilities 3.61%
Regions
  • Africa/Middle East 0.34%
  • Asia Developed 4.01%
  • Asia Emerging 0.53%
  • Australasia 6.71%
  • Europe Developed 47.40%
  • Japan 25.52%
  • North America 1.22%
  • United Kingdom 14.27%

$CARZ

First Trust NASDAQ Global Auto Index Fund

18

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Ratings
Rating Type Rating
Diversification Score 2 /10
Expense Ratio Score 1 /10
Expense Rating 3 /10
Market Score 2 /10
Category Score 0 /10
Overview
Overview Details
Fund Type ETF
Inception Date May-9-2011
Exchange NASDAQ
Expense Ratio 0.700%
Net Assets 16.2 Million
Yield 3.52%
Holdings
Description Info
Market Sector Equity
Category Consumer Cyclicals
Sectors
  • Basic Materials 0.00%
  • Communication Services 0.00%
  • Consumer Cyclicals 100.00%
  • Consumer Defensive 0.00%
  • Energy 0.00%
  • Financial Services 0.00%
  • Healthcare 0.00%
  • Industrials 0.00%
  • Real Estate 0.00%
  • Technology 0.00%
  • Utilities 0.00%
Regions
  • Asia Developed 7.62%
  • Asia Emerging 9.97%
  • Europe Developed 24.93%
  • Japan 32.54%
  • North America 24.73%
  • United Kingdom 0.21%

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