First Trust Dow Jones International Internet ETF
$26.73+0.01 (+0.04%)
- 0.65%
- $30M
- −26.6%
- 1.42%
- 0M sh
- $26.51
- low $23.99high $39.27
The ETF.net FDNI Grade
D
Score 39 out of 100
- 8 of 10
Score 39 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D35 out of 100Rank 6 of 10Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F18 out of 100Rank 10 of 10Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B58 out of 100Rank 5 of 10Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C42 out of 100Rank 7 of 10Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B64 out of 100Rank 3 of 10
Our read on FDNI
DMost internet ETFs are a wager on Silicon Valley. FDNI flips the map, tracking an index of roughly 40 internet companies based outside the United States. Same theme, different continent.
The fund seeks to track the investment results of the Dow Jones International Internet Index before fees and expenses.
Why people hold it
- One stated job: track the Dow Jones International Internet Index. A plain index fund inside a standard 1940 Act ETF wrapper, no leverage or derivatives layer.
- Its peer shelf (IBUY, ONLN, EBIZ) mostly shops the U.S. internet. FDNI is built from non-U.S. names, a genuinely different basket for the same theme.
- At 0.65%, the fee sits right at the median for its peer group. No surcharge for the international mandate.
- Running since 2018, so it has a real multi-year record in the wild rather than a launch-week backtest.
Worth knowing
- Thinly traded with a small asset base. Limit orders matter here, and the bid-ask spread is a real part of your cost on the way in and out.
- About 40 holdings, all listed abroad. Single names carry weight, and currency moves ride along with the stocks.
- Cheaper doors into the theme exist: OGIG at 0.48% and EBIZ at 0.50% undercut FDNI's 0.65%, though neither tracks the same ex-U.S. index.
FDNI Holdings
- Stocks
- 44
- 66%
- SHOP.TO
Sectors
- Consumer Discretionary42.5%
- Communication33.2%
- Technology20.7%
- Financials3.1%
- Health Care0.6%
Geography
- China39.43%
- Canada15.01%
- Netherlands8.29%
- Ireland5.80%
- Sweden5.53%
- South Korea4.24%
- Singapore4.00%
- South Africa3.76%
- 13.93%
Developed 52% · Emerging 48%
FDNI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
FDNI$7,342
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FDNI |
|---|---|
| Year to date | −21.3% |
| 1 month | +2.0% |
| 3 months | −1.1% |
| 1 year | −26.6% |
| 3 years | +9.4% |
| 5 years | −7.6% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FDNI |
|---|---|---|
| 2026 YTD | −21.3% | |
| 2025 | +25.7% | |
| 2024 | +22.5% | |
| 2023 | +1.8% | |
| 2022 | −38.4% | |
| 2021 | −20.6% | |
| 2020 | +85.3% |
FDNI in the news
FDNI Dividends
- 1.42%
- $0.38
- $0.38 per share
- Annual
Distribution history
FDNI Risk
- 22.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.26
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −63.4%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.89
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FDNI Cost
0.65%
FDNI0.65%
- The middle half of E-Commerce funds
- Median 0.63%
5 of the 10 E-Commerce funds charge less.
Other funds in E-Commerce
- BIBUYAmplify Online Retail ETFExpense ratio 0.65%1 year return −4.1%
- CISHPFirst Trust S-Network E-Commerce ETFExpense ratio 0.60%1 year return −12.0%
- CCLIXProShares - Long Online/Short Stores ETFExpense ratio 0.65%1 year return +1.0%
- DEMQQEMQQ The Emerging Markets Internet ETFExpense ratio 0.86%1 year return −24.8%
- DFMQQFMQQ The Next Frontier Internet ETFExpense ratio 0.86%1 year return −13.9%