FDND
FT Vest Dow Jones Internet & Target Income ETF
FDND is an actively managed fund that seeks a target level of current income and capital appreciation by holding a portfolio of US internet stocks, while utilizing a naked call writing strategy on the Nasdaq-100 Index or related ETF.
US
EQUITY
Active
MANAGEMENT STYLE
2.2 M
ASSETS UNDER MGMT
75 bp
EXPENSES
Fund Basics
Fund sponsor | FT Vest |
Category | US |
Asset class | Equity |
Website | link... |
Inception date | Mar 19, 2024 |
Assets (mns) | $2 |
Expense ratio | 75 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Monthly |
Taxation | 1099 |
Stock selection | |
Weighting | |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | No |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
Complete list +
AMAZON.COM INC | 9.2 % |
META PLATFORMS INC | 9.1 % |
NETFLIX INC | 8.7 % |
SALESFORCE.COM INC | 7.3 % |
BOOKING HOLDINGS INC. | 5.1 % |
ALPHABET INC. CLASS A | 5.0 % |
CISCO SYSTEMS INC | 4.4 % |
ARISTA NETWORKS, INC. | 4.4 % |
PAYPAL HOLDINGS INC | 4.2 % |
ALPHABET INC. CLASS C | 4.1 % |
Constituent Breakdown
Number of holdings | 43 |
Herfindahl-Hirschman Index | 491 |
Wgt avg mkt cap (mns) | $633,079 |
Large cap (>$10bn) | 98.8% |
Mid cap ($2-10bn) | 1.2% |
Small cap (<$2bn) | 0.0% |
Developed mkts. | 100.0% |
Emerging mkts. | 0.0% |
Country Exposure
UNITED STATES | 97.2 % | |
AUSTRALIA | 2.0 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | 13.2% | -- | -- | -- | -- | -- | 13.2% | Volatility | -- | -- | -- | -- | -- | -- | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 0.00 | 0% |
MSCI EAFE | 0.00 | 0% |
MSCI Emg Mkts | 0.00 | 0% |
Liquidity Measures
Avg. volume (000) | 2 |
Turnover | 2.0% |
Avg. Bid/Ask (% of price) | 0.00% |
ADV of underlying (mns) | $32,934 |
Technical Indicators
Recent close | $22.48 |
30d moving avg. | $20.05 |
Annualized volatility | 0.0% |
Relative strength (RSI) | 61 |
Short interest (ETF) | 3.5% |
Short interest (underlying) | 0.0% |
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. FDND |
Expenses vs. FDND |
ALTAR Score™ vs. FDND |
---|---|---|---|---|
FDN | First Trust Dow Jones Internet Index Fund | 99.1% | -23 bp | +0.2% |
PNQI | Invesco NASDAQ Internet ETF | 46.6% | -15 bp | -0.6% |
OGIG | ALPS O'Shares Global Internet Giants ETF | 34.5% | -27 bp | -1.0% |
CLOD | Themes Cloud Computing ETF | 29.7% | -40 bp | -0.4% |
FDTX | Fidelity Disruptive Technology ETF | 29.3% | -25 bp | -0.2% |
LGRO | Level Four Large Cap Growth Active ETF | 28.8% | -20 bp | +1.2% |
FDG | American Century Focused Dynamic Growth ETF | 28.6% | -30 bp | -0.2% |
IGM | iShares Expanded Tech Sector ETF | 28.2% | -34 bp | +1.4% |
BUYZ | Franklin Disruptive Commerce ETF | 28.2% | -25 bp | -1.1% |
BFTHX | Baron Fifth Avenue Growth Retail | 27.9% | 0 bp | -1.4% |
Risk and Returns: FDND 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
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
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 12/2/2024
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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
FDND
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™
FDND
2.9%
Cat. Avg
5.3%
ALTAR Score™ Calculation
Category Overview
There are 977 funds in the US Equity category, with an average ALTAR Score™
of 5.3% and a standard deviation of
2.4%. FDND's ALTAR Score™ is approximately
1.0 standard deviations
below
the category average. This places FDND in the 16th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
FDNDSELL
U/W
HOLD
O/W
BUY
Expense Analysis
Peer Group | Active US Equity ETFs |
# of ETFs | 308 |
Avg. Expense Ratio | 67.1 bp |
Std. Deviation | 37 bp |
FDND (75 bp) Percentile rank | 61 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
FDND | 75.0 | 0.0 | 75 |
Peer Avg. | 66.9 | 49.4 | 116.3 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .