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Launched

First Trust S-Network E-Commerce ETF

ISHPNasdaqFirst TrustC

$35.51−0.10 (−0.29%)

As of Oct 21, 2026, 10:25 AM ET

C54/ 100

Rank 6 of 10 in E-Commerce

C54/100Rank 6 of 10inE-Commerce
Intraday session: down, 12 prints from 35.61 to 35.51. Range 35.48 to 35.56. Use the arrow keys to read each point.35.4835.5235.5535.5810 AM12 PM2 PM4 PM
Expense ratio
0.60%
Fund size
$5M
1Y total return
−12.2%
Yield · Last 12 months
1.22%
Holdings
65
Avg volume · 30D
158 sh
NAV per share
$35.40
52W range
low $32.05high $42.05
Launched

The ETF.net ISHP Grade

Based on 5 of 6 pillars

C

Score 54 out of 100

Category
E-Commerce⁠
Rank
6 of 10
Six-pillar profile for ISHP. Scores out of 100: Cost 54, Risk 66, Mission not scored, Tradability 21, Holdings 87, Durability 52. Strongest: Holdings (87). Weakest: Tradability (21). Based on 5 of 6 pillars.

Score 54 of 100 falls in the C 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.
    C54 out of 100
    Rank 5 of 10

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B66 out of 100
    Rank 2 of 10

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F21 out of 100
    Rank 10 of 10

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A87 out of 100
    Rank 1 of 10

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C52 out of 100
    Rank 7 of 10

Our read on ISHP

ETF.net Research

In short

CMost e-commerce funds buy the storefronts. ISHP buys the whole stack: search and social, online retail, marketplaces, and the payments-and-logistics plumbing behind checkout, across global exchanges.

Stated mandate

The Fund seeks to track the price and yield performance of the S-Network Global E-Commerce Index before fees and expenses. It normally invests at least 90% of net assets in the Index's common stocks and depository receipts.

Why people hold it

  • The index only admits companies earning at least half their revenue from content navigation, online retail, online marketplaces or e-commerce infrastructure. No tourists.sec.gov
  • Global by design: the index pulls from major exchanges worldwide, and the fund normally keeps at least 90% of net assets in those stocks and depositary receipts.sec.gov
  • At 0.60%, the fee sits under the median for its e-commerce cohort and below IBUY's 0.65%, and the fund pays distributions quarterly.
  • Roughly 70 holdings spread the theme across the whole checkout chain rather than a few megacap names, and the fund stands in the upper half of its e-commerce peer group.

Worth knowing

  • Small asset base and thin trading: spreads can run wider than in the category's busiest funds, and sizable orders can push the price around.
  • The 2016 launch date belongs to an earlier life. It traded as First Trust Nasdaq Retail until January 2022, when it adopted the global e-commerce index.sec.gov
  • Cheaper options sit on the same shelf: EBIZ at 0.50% and OGIG at 0.48%, both under ISHP's 0.60%.

ISHP Holdings

Holdings pillarA87 out of 100Rank 1 of 10 in E-CommerceAs of Oct 20, 2026
Asset class
Stocks
Holdings
65
Top-10 weight
18%
Largest holding
ALE.WA1.8%

Sectors

  • Consumer Discretionary35.0%
  • Communication29.7%
  • Technology12.8%
  • Industrials10.0%
  • Real Estate5.3%
  • Financials3.9%
  • Consumer Staples1.7%
  • Health Care1.7%

Geography

  • United States47.78%
  • China14.89%
  • Germany5.33%
  • Japan5.02%
  • United Kingdom3.52%
  • Australia3.44%
  • Netherlands3.38%
  • Canada3.37%
  • Other countries (8)13.27%

Developed 59% · Emerging 41% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 5.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1ALE.WAAllegro.eu SA1.84%6,606$97.6K95
2ZAL.DEZalando SE1.82%3,334$96.8K84
3AUTO.LAutotrader Group Plc1.80%13,263$95.6K69
4G24.DEScout24 SE1.80%1,067$95.6K69
56618.HKJD Health International Inc.1.75%18,917$92.9K80
6PINSPinterest, Inc. (Class A)1.75%4,152$92.8K200
73690.HKMeituan (Class B)1.75%9,605$92.6K105
8EXPEExpedia Group, Inc.1.74%316$92.2K387
9ADYEN.ASAdyen NV1.73%88$91.8K116
103092.TZOZO, Inc.1.73%11,900$91.7K67
11EBAYeBay Inc.1.73%761$91.7K365
12CAR.AXCAR Group Limited1.73%5,463$91.6K65
13ABNBAirbnb, Inc. (Class A)1.73%522$91.6K405
14WMTWalmart Inc.1.72%771$91.5K466
15SNAPSnap Inc. (Class A)1.72%14,546$91.2K70

Showing 1–15 of 65 holdings

ISHP Performance

Launched Sep 20, 2016

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

ISHP$8,775
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,580
Oct 20, 2025 to Oct 20, 2026. ISHP $8,775. SPY $11,580. Use the arrow keys to read each point.$8,000$10,000$12,000Oct 2025Apr 2026Oct 2026

Oct 20, 2025 – Oct 20, 2026

Returns run to the Oct 20, 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.

Trailing total return for ISHP. Periods over one year show the average yearly return.
PeriodISHP
Year to date−8.6%
1 month+3.9%
3 months+2.0%
1 year−12.2%
3 yearsper year+15.4%
5 yearsper year+1.2%
10 yearsper year+7.2%

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for ISHP
YearReturn barISHP
2026 YTD−8.6%
2025+12.3%
2024+24.2%
2023+22.2%
2022−33.8%
2021+30.1%
2020+15.3%

ISHP in the news

Filtered to ISHP · E-Commerce · First Trust

ISHP Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 20, 2026.
1.22%Last 12 months
Payout per share
$0.44Last 12 months
Last payment
$0.07 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 33 payments from 2017 to 2026 YTD. Mar 23, 2017 $0.09; Jun 22, 2017 $0.12; Sep 21, 2017 $0.06; Dec 21, 2017 $0.08; Mar 22, 2018 $0.04; Jun 21, 2018 $0.03; Sep 14, 2018 $0.04; Dec 18, 2018 $0.07; Mar 21, 2019 $0.04; Jun 14, 2019 $0.10; Sep 25, 2019 $0.08; Dec 13, 2019 $0.06; Mar 26, 2020 $0.05; Jun 25, 2020 $0.08; Sep 24, 2020 $0.03; Dec 24, 2020 $0.07; Mar 25, 2021 $0.0099; Jun 24, 2021 $0.04; Sep 23, 2021 $0.10; Dec 23, 2021 $0.04; Mar 25, 2022 $0.04; Jun 24, 2022 $0.11; Dec 23, 2022 $0.03; Jun 27, 2023 $0.42; Sep 22, 2023 $0.03; Jun 27, 2024 $0.14; Sep 26, 2024 $0.03; Dec 13, 2024 $0.19; Jun 26, 2025 $0.19; Sep 25, 2025 $0.04; Dec 12, 2025 $0.29; Jun 25, 2026 $0.07; Sep 24, 2026 $0.07. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 24, 2026Sep 30, 2026$0.07
Jun 25, 2026Jun 30, 2026$0.07
Dec 12, 2025Dec 31, 2025$0.29
Sep 25, 2025Sep 30, 2025$0.04
Jun 26, 2025Jun 30, 2025$0.19
Dec 13, 2024Dec 31, 2024$0.19
Sep 26, 2024Sep 30, 2024$0.03
Jun 27, 2024Jun 28, 2024$0.14
Sep 22, 2023Sep 29, 2023$0.03
Jun 27, 2023Jun 30, 2023$0.42
Dec 23, 2022Dec 30, 2022$0.03
Jun 24, 2022Jun 30, 2022$0.11

ISHP Risk

Risk pillarB66 out of 100Rank 2 of 10 in E-Commerce
How much the fund’s monthly returns vary, scaled to a year.
17.2%
Annualised · 36 months to Sep 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.40
vs 3-month T-bills · to Sep 2026
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.

The largest fall from a peak to the low that followed.
−47.6%
Trough Nov 2022
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.

How strongly the fund’s returns move with its asset-class index.
1.00
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

ISHP Cost

Cost pillarC54 out of 100Rank 5 of 10 in E-Commerce
Expense ratio0.60%
  • Middle half of E-Commerce funds
  • Median 0.60%

4 of the 9 E-Commerce funds charge less.

ISHP costs $60.00 a year on $10,000. The median E-Commerce fund costs $60.00.

Other funds in E-Commerce

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