MSTI vs CARZ

Comparison between MADISON SHORT-TERM STRATEGIC INCOME ETF (MSTI, ETF) and FIRST TRUST S-NETWORK FUTURE VEHICLES & TECHNOLOGY ETF (CARZ, ETF).

MSTI vs CARZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MSTI(ETF)	CARZ(ETF)
Net Assets	$51M	$51M
Expense Ratio	0.36%	0.70%
Max Drawdown	2.93%	53.93%
Sharpe Ratio	0.08	2.41
5Y Beta	0.04	1.44
P/E Ratio	N/A	149.35
Forward P/E	N/A	27.90
PEG Ratio	N/A	0.16
5Y Dividends CAGR	N/A	34.06%
5Y EPS CAGR	N/A	22.71%
P/S Ratio	N/A	2.96
P/B Ratio	N/A	7.35

Net Assets

Winner

MSTI

$51M

CARZ

$51M

Expense Ratio

Winner

MSTI

0.36%

CARZ

0.70%

Max Drawdown

Winner

MSTI

2.93%

CARZ

53.93%

Sharpe Ratio

MSTI

0.08

Winner

CARZ

2.41

5Y Beta

Winner

MSTI

0.04

CARZ

1.44

P/E Ratio

MSTI

N/A

CARZ

149.35

Forward P/E

MSTI

N/A

CARZ

27.90

PEG Ratio

MSTI

N/A

CARZ

0.16

5Y Dividends CAGR

MSTI

N/A

CARZ

34.06%

5Y EPS CAGR

MSTI

N/A

CARZ

22.71%

P/S Ratio

MSTI

N/A

CARZ

2.96

P/B Ratio

MSTI

N/A

CARZ

7.35

MSTI vs CARZ - Historical Returns

Returns include dividend reinvestment.

Period	MSTI	CARZ
1 month	-0.08%	+4.36%
3 months	-0.11%	+33.55%
6 months	+0.89%	+43.07%
1 year	+4.07%	+95.28%
5 years(CAGR)	N/A	+13.91%
10 years(CAGR)	N/A	+15.20%
Max(CAGR)	+5.77%	+10.83%

MSTI

-0.08%

Winner

CARZ

+4.36%

MSTI

-0.11%

Winner

CARZ

+33.55%

MSTI

+0.89%

Winner

CARZ

+43.07%

MSTI

+4.07%

Winner

CARZ

+95.28%

5Y(CAGR)

MSTI

N/A

CARZ

+13.91%

10Y(CAGR)

MSTI

N/A

CARZ

+15.20%

Max(CAGR)

MSTI

+5.77%

Winner

CARZ

+10.83%

MSTI vs CARZ - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	MSTI	CARZ
2026	+0.43%	+37.96%
2025	+6.12%	+38.39%
2024	+5.14%	+6.21%
2023	+4.14%	+43.01%
2022	N/A	-32.84%
2021	N/A	+17.65%
2020	N/A	+52.44%
2019	N/A	+12.28%
2018	N/A	-24.52%
2017	N/A	+23.29%
2016	N/A	+0.23%
2015	N/A	-0.33%
2014	N/A	-2.57%
2013	N/A	+35.73%
2012	N/A	+25.00%
2011	N/A	-24.17%

MSTI vs CARZ Drawdown Comparison

The maximum drawdown for MSTI was -1.48%, occurring on Oct 19, 2023. Recovery took 37 trading sessions.

The maximum drawdown for CARZ was -51.18%, occurring on Mar 18, 2020. Recovery took 703 trading sessions.

The current MSTI drawdown is -0.48%. The current CARZ drawdown is -10.20%.

Rank	MSTI	CARZ
#1	-1.48% Sep 13, 2023 - Nov 3, 2023	-51.18% Jan 23, 2018 - Nov 5, 2020
#2	-1.32% Feb 20, 2026 - May 1, 2026	-40.33% Nov 4, 2021 - Jul 2, 2025
#3	-1.22% Oct 2, 2024 - Jan 24, 2025	-33.03% Jul 7, 2011 - Mar 11, 2013
#4	-1.07% Apr 3, 2025 - Apr 25, 2025	-31.17% Apr 27, 2015 - Sep 19, 2017
#5	-1.07% Mar 27, 2024 - May 3, 2024	-16.13% Jul 3, 2014 - Apr 10, 2015
#6	-0.97% Feb 1, 2024 - Mar 8, 2024	-14.44% Feb 25, 2026 - Apr 13, 2026
#7	-0.81% May 1, 2026 - May 19, 2026	-10.94% May 21, 2013 - Jul 12, 2013
#8	-0.67% Sep 23, 2025 - Oct 21, 2025	-10.49% Oct 29, 2025 - Dec 10, 2025
#9	-0.65% Apr 30, 2025 - May 19, 2025	-10.20% Jun 2, 2026 - Jun 5, 2026
#10	-0.62% Dec 27, 2023 - Jan 11, 2024	-9.92% Jun 4, 2021 - Oct 22, 2021
#11	-0.56% Jan 12, 2024 - Feb 1, 2024	-9.89% Apr 5, 2021 - Jun 1, 2021
#12	-0.49% Mar 11, 2024 - Mar 27, 2024	-8.51% Jan 22, 2014 - Mar 6, 2014
#13	-0.49% May 19, 2025 - May 29, 2025	-8.12% Feb 9, 2021 - Apr 5, 2021
#14	-0.46% Feb 4, 2025 - Feb 21, 2025	-7.14% Jan 21, 2021 - Feb 5, 2021
#15	-0.41% Jul 22, 2025 - Aug 1, 2025	-6.94% Mar 31, 2014 - Jun 26, 2014

Correlation

Correlation between MSTI and CARZ is 0.76 which considered as a strong positive correlation - the stocks tend to move together.

0.76

-101

Dividend Comparison (2011 - 2026)

MSTI vs CARZ dividend yield comparison.

Year	MSTI	CARZ
2026	1.79%	0.00%
2025	5.40%	2.13%
2024	5.48%	1.17%
2023	1.55%	1.40%
2022	0.00%	1.59%
2021	0.00%	2.25%
2020	0.00%	0.63%
2019	0.00%	3.23%
2018	0.00%	2.85%
2017	0.00%	2.11%
2016	0.00%	2.47%
2015	0.00%	1.64%
2014	0.00%	1.70%
2013	0.00%	0.73%
2012	0.00%	0.78%
2011	0.00%	0.31%