FDN
First Trust Dow Jones Internet Index Fund
First Trust Dow Jones Internet Index Fund seeks investment results that correspond to the price and yield of an equity index called Dow Jones Internet Index.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
7.1 B
ASSETS UNDER MGMT
52 bp
EXPENSES
Fund Basics
| Fund sponsor | First Trust Advisors LP |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Jun 19, 2006 |
| Assets (mns) | $7,078 |
| Expense ratio | 52 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Market Cap |
| Weighting | Market Cap |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| AMAZON.COM INC | 10.5 % |
| NETFLIX INC | 9.1 % |
| META PLATFORMS INC | 8.7 % |
| ALPHABET INC. CLASS A | 7.6 % |
| CISCO SYSTEMS INC | 6.2 % |
| ALPHABET INC. CLASS C | 6.1 % |
| SALESFORCE.COM INC | 4.6 % |
| BOOKING HOLDINGS INC. | 4.3 % |
| ARISTA NETWORKS, INC. | 3.9 % |
| SNOWFLAKE, INC. CLASS A | 3.3 % |
Constituent Breakdown
| Number of holdings | 42 |
| Herfindahl-Hirschman Index | 530 |
| Wgt avg mkt cap (mns) | $875,825 |
| Large cap (>$10bn) | 96.4% |
| Mid cap ($2-10bn) | 1.2% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.7% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 97.3 % |
 |
IRELAND | 1.4 % |
 |
AUSTRALIA | 1.0 % |
Historical Performance
Standardized Performance (as of 10/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 16.8% | 29.4% | 36.3% | 30.1% | 8.7% | 14.3% | -- | 14.5% |
| Dividend Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -- | 0.0% |
| Total Returns | 16.8% | 29.4% | 36.3% | 30.1% | 8.7% | 14.3% | -- | 14.6% | Ann. Volatility | 25.7% | 25.1% | 22.1% | 24.3% | 27.8% | 25.7% | -- | 25.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.28 | 64% |
| MSCI EAFE | 0.46 | 11% |
| MSCI Emg Mkts | 0.49 | 14% |
Liquidity Measures
| Avg. volume (000) | 797 |
| ADV traded (mns) | $215 |
| Turnover | 3.0% |
| Avg. Bid/Ask (% of price) | 0.03% |
Technical Indicators
| 30d moving avg. (EMA) | $273.12 |
| Relative strength (RSI) | 38 |
| MACD/Signal | -5.38/-3.30 |
| Bollinger Bands (Upper/Lower) | $291.78/$255.94 |
| Short interest (% of AUM) | 1.2% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. FDN |
Expenses vs. FDN |
ALTAR Score™ vs. FDN |
|---|---|---|---|---|
| FDND | FT Vest Dow Jones Internet & Target Income ETF | 99.3% | +23 bp | +3.2% |
| PNQI | Invesco NASDAQ Internet ETF | 42.9% | +8 bp | +3.6% |
| BUYZ | Franklin Disruptive Commerce ETF | 39.0% | -2 bp | +2.6% |
| PJFG | PGIM Jennison Focused Growth ETF | 36.2% | +23 bp | +2.8% |
| OGIG | ALPS O'Shares Global Internet Giants ETF | 35.7% | -4 bp | +2.3% |
| FDG | American Century Focused Dynamic Growth ETF | 35.0% | -7 bp | +2.1% |
| JTEK | JPMorgan U.S. Tech Leaders ETF | 34.8% | +13 bp | +1.5% |
| FELG | Fidelity Enhanced Large Cap Growth ETF | 33.3% | -34 bp | +4.7% |
| XDAT | Franklin Exponential Data ETF | 32.9% | -2 bp | +2.5% |
| FFOG | Franklin Focused Growth ETF | 32.9% | +9 bp | +2.5% |
Risk and Returns: FDN vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/29/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.
ALTAR Score™
FDN
3.4%
Cat. Avg
5.6%
ALTAR Score™ Calculation
Category Overview
There are 1011 funds in the US Equity category, with an average ALTAR Score™
of 5.6% and a standard deviation of
2.3%. FDN's ALTAR Score™ is approximately
1.0 standard deviations
below
the category average. This places FDN in the 17th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
FDNSELL
U/W
HOLD
O/W
BUY