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ISHP

GradeCNASDAQ Global Market

First Trust S-Network E-Commerce ETF

Themes · First Trust · Inception 2016-09-20

$33.73−0.20 (−0.59%)

As of Sep 24, 2026, 1:51 PM EDT

Intraday session: down, 6 prints from 33.93 to 33.73. Range 33.69 to 33.84. Use the arrow keys to read each point.$33.70$33.75$33.80$33.8510 AM12 PM2 PM4 PM
Expense ratio
0.60%
Fund size
$5M
1Y return
−18.1%
Yield · Last 12 months
1.19%
Holdings
60
Volume · 30D
0M sh
NAV per share
$34.84
52W range
low $32.05high $42.26

The ETF.net ISHP Grade

C

53/ 100

Rank 6 of 10 in E-Commerce⁠

Confidence Medium

Six-pillar profile for ISHP. Scores out of 100: Cost 54, Risk 60, Mission not scored, Tradability 21, Holdings 88, Durability 54. Strongest: Holdings (88). Weakest: Tradability (21). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 53 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    CScore 54
    Category rank5/10 · top 50%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 60
    Category rank3/10 · top 30%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 21
    Category rank10/10 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 88
    Category rank1/10 · top 10%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 54
    Category rank7/10 · mid-pack

Graded as of Sep 23, 2026 · Based on 5 of 6 pillars

Our read on ISHP

ETF.net Research

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

  1. 01The 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
  2. 02Global 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
  3. 03At 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.
  4. 04Roughly 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

  1. 01Small asset base and thin trading: spreads can run wider than in the category's busiest funds, and sizable orders can push the price around.
  2. 02The 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
  3. 03Cheaper options sit on the same shelf: EBIZ at 0.50% and OGIG at 0.48%, both under ISHP's 0.60%.

ISHP Holdings

As of Sep 23, 2026, 8:34 PM
Asset class
Stocks
Holdings
60
Top-10 weight
20%
Largest holding
A.P. Moeller - Maersk A/S (Class B)2.3%

Sectors

  • Consumer Discr.43.0%
  • Communication22.6%
  • Industrials14.1%
  • Technology10.5%
  • Real Estate5.0%
  • Financials1.8%
  • Health Care1.6%
  • Cons. Staples1.5%

Geography

  • United States47.63%
  • China14.42%
  • United Kingdom5.03%
  • Germany4.71%
  • Japan3.61%
  • Canada3.43%
  • Australia3.25%
  • Netherlands3.25%
  • Other countries (8)14.67%

Developed 59% · Emerging 41% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 5.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—A.P. Moeller - Maersk A/S (Class B)2.35%35$123K4
002ALE.WAAllegro.eu SA2.08%8,310$109K92
0034689.TLY Corp.2.03%31,100$106K108
0041919.HKCosco Shipping Holdings Company, Ltd. (Class H)2.01%48,325$105K78
005035420.KSNAVER Corporation1.98%699$103K106
006SHOPShopify Inc. (Class A)1.97%695$103K112
007SNAPSnap Inc. (Class A)1.96%18,204$102K71
008WWayfair Inc. (Class A)1.95%948$102K117
009BBYBest Buy Co., Inc.1.94%1,070$101K329
010PYPLPayPal Holdings, Inc.1.91%1,888$100K372
011METAMeta Platforms, Inc. (Class A)1.90%135$99K682
0123045.TWTaiwan Mobile Co., Ltd.1.89%25,395$99K88
013GPNGlobal Payments Inc.1.87%1,150$97K255
014CPAYCorpay, Inc.1.84%244$96K272
015RMV.LRightmove Plc1.81%14,647$95K60

Showing 1–15 of 66 holdings

ISHP Performance

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

ISHP$8,186
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,702
Sep 23, 2025 to Sep 23, 2026. ISHP $8,186. SPY $11,702. Use the arrow keys to read each point.$7,405$9,779$12,154Sep 2025Mar 2026Sep 2026

Sep 23, 2025 – Sep 23, 2026

Returns run to the Sep 23, 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−13.1%
1 month−8.3%
3 months+4.0%
1 year−18.1%
3 years+11.0%per year
5 years+0.1%per year
10 yearsHistory unavailable—per year

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−13.1%
2025+12.3%
2024+24.2%
2023+22.2%
2022−33.8%
2021+30.1%
2020+15.3%

ISHP in the news

ETF.net Research hasn’t filed on ISHP yet — coverage lands here as it’s written.

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 Sep 23, 2026.
1.19%Last 12 months
Payout per share
$0.41Last 12 months
Last payment
$0.07 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2017–2026

One bar per payment. 32 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. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
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
Mar 25, 2022Mar 31, 2022$0.04

ISHP Risk

How much the fund’s monthly returns vary, scaled to a year.
16.9%
Annualised · 36 months to Aug 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.
0.45
vs 3-month T-bills · to Aug 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.
0.99
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

Expense ratio0.60%
  • The middle half of E-Commerce funds
  • Median 0.63%

4 of the 10 E-Commerce funds charge less.

ISHP costs $60.00 a year on $10,000. The median E-Commerce fund costs $62.50.