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EBIZ vs FDNI

Global X E-commerce ETF

EBIZBNasdaq

First Trust Dow Jones International Internet ETF

FDNIDNasdaq

Overlap

Expense ratio

EBIZ −0.15pt a year

EBIZ0.50%FDNI0.65%

Avg volume · 30D

FDNI 6.7×the volume

EBIZ3.16KFDNI21.2K

5Y return · a year

EBIZ +8.4pt

EBIZ−1.3%FDNI−9.7%

EBIZ vs FDNI Performance

Oct 29, 2021 – Oct 30, 2026

−6.1%EBIZ−39.8%FDNI

Oct 29, 2021 to Oct 30, 2026. EBIZ −6.1%. FDNI −39.8%. Use the arrow keys to read each point.−60%−20%Oct 2021Apr 2024Oct 2026
Expense ratio
EBIZ 0.50%, better
FDNI 0.65%
Fund size
EBIZ $26M
FDNI $29M
1Y total return
EBIZ −13.8%, better
FDNI −32.8%
Yield (12M)
EBIZ 0.53%
FDNI 1.51%, better
Holdings
EBIZ 41
FDNI 43
Avg volume (30D)
EBIZ 3.16K sh
FDNI 21.2K sh, better
NAV per share
EBIZ $28.86
FDNI $25.07
52W range

ETF.net Grade

EBIZ: Cost 76, Risk 63, Mission not scored, Tradability 28, Holdings 66, Durability 41. FDNI: Cost 34, Risk 25, Mission not scored, Tradability 58, Holdings 38, Durability 64.
Pillar letters and Scores for EBIZ, FDNI, with each pillar’s weight
PillarEBIZFDNI
Cost30% weightA76HigherD34
Mission25% weightNot scoredNot scored
Risk15% weightB63HigherD25
Tradability15% weightD28B58Higher
Holdings10% weightB66HigherD38
Durability5% weightC41B64Higher

Rank among E-Commerce funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. EBIZ and FDNI are both graded against the same 9 E-Commerce funds, so their Grades compare head to head.

E-Commerce⁠

Category · 9 funds
See all 9 ›

EBIZ ranks 2nd and FDNI 7th of 9 funds in the E-Commerce Category.

  1. Rank 1BOGIGALPS O'Shares Global Internet Giants ETFScore 69
  2. Rank 2BEBIZGlobal X E-commerce ETFScore 60
  3. Rank 3BBUYZFranklin Disruptive Commerce ETFScore 58
  4. Rank 6CISHPFirst Trust S-Network E-Commerce ETFScore 53
  5. Rank 7DFDNIFirst Trust Dow Jones International Internet ETFScore 39
  6. Rank 8DEMQQEMQQ The Emerging Markets Internet ETFScore 33

Our read on each fund

ETF.net Research

EBIZBGlobal X E-commerce ETF

FDNIDFirst Trust Dow Jones International Internet ETF

In short

EBIZ EBIZ owns the whole e-commerce stack: the platforms, the software behind the checkout button, and the companies selling through it. Roughly 40 names, priced under the typical fee in its corner of the market.

FDNI Most 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.

Stated mandate

EBIZ The fund invests in companies positioned to benefit from wider e-commerce adoption, including businesses operating e-commerce platforms, providing related software or services, or selling goods and services online.

FDNI The fund seeks to track the investment results of the Dow Jones International Internet Index before fees and expenses.

Why people hold it

  • EBIZ At 0.50% a year it comes in under its e-commerce cohort's median fee, and below peers like IBUY (0.65%) and ONLN (0.58%).
  • The mandate reaches past online retailers to platform operators and the software and services running the transactions.globalxetfs.com
  • About 40 holdings keeps the theme undiluted: this isn't a broad tech index wearing an e-commerce label.
  • Trading since 2018, and one of the stronger implementations in its e-commerce peer group.
  • FDNI 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

  • EBIZ Small and thinly traded, which usually means wider bid-ask spreads and more slippage on larger orders.
  • Distributions arrive once or twice a year, so the payout is a trickle rather than a stream.
  • One theme, about 40 names: sector swings and single-stock stumbles land harder here than in a diversified fund.
  • FDNI 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.

Full EBIZ profile⁠

Full FDNI profile⁠

EBIZ vs FDNI Holdings

As of
How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

EBIZ vs FDNI Cost

Overpaying FDNI vs EBIZ

$2,738

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • EBIZ 0.50%

    $9,979

  • FDNI 0.65%

    $12,717

$10,000
30 years

Cost over time

  • EBIZ 0.50%
  • FDNI 0.65%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530FDNI $12,717EBIZ $9,979

Year by year

YearEBIZFDNIOverpaying
10$900$1,163$263
20$3,460$4,440$980
30$9,979$12,717$2,738

Expense ratio

  • 0.50%EBIZ, cheaper
  • 0.65%FDNI
  • Middle half of E-Commerce funds
  • Median 0.60%

EBIZ 2nd cheapest of 9 funds

FDNI 6th cheapest of 9 funds

EBIZ vs FDNI Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
EBIZ 0.53%
FDNI 1.51%, better
Payout (12M)
EBIZ $0.15
FDNI $0.38
Last payment
EBIZ $0.08
FDNI $0.38
Ex-dividend
EBIZ Jun 29, 2026
FDNI Dec 12, 2025
Paid on
EBIZ Jul 7, 2026
FDNI Dec 31, 2025
Frequency
EBIZ Twice a year
FDNI Annual

Distribution history

Per share, 2019 to 2026, same scale for both

EBIZTwice a year · 9 paymentsAll EBIZ payments⁠
One bar per payment. 9 payments from 2019 to 2026 YTD. Dec 30, 2019 $0.03; Dec 30, 2020 $0.27; Dec 30, 2021 $0.16; Dec 29, 2022 $0.02; Jun 27, 2024 $0.06; Dec 30, 2024 $0.0077; Jun 27, 2025 $0.10; Dec 30, 2025 $0.07; Jun 29, 2026 $0.08. Use the arrow keys to read each point.$0$0.50202020232026YTD
FDNIAnnual · 8 paymentsAll FDNI payments⁠
One bar per payment. 8 payments from 2019 to 2026 YTD. Jun 14, 2019 $0.01; Sep 25, 2019 $0.45; Dec 13, 2019 $0.31; Dec 24, 2020 $0.07; Mar 24, 2023 $0.09; Jun 27, 2024 $0.07; Dec 13, 2024 $0.22; Dec 12, 2025 $0.38. Use the arrow keys to read each point.$0$0.50202020232026YTD

EBIZ vs FDNI Risk

Fall from peak · 5 years

  • EBIZ
  • FDNI
Oct 29, 2021 to Oct 30, 2026. Worst fall: FDNI −63.4% · Oct 2022. Use the arrow keys to read each point.−60%−40%−20%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
EBIZ 21.5%, betterFDNI 22.5%
Return per unit of riskSharpe ratio, 3 years
EBIZ 0.74, betterFDNI 0.32
Worst fallMax drawdown, 5 years
EBIZ −55.8%, betterFDNI −63.4%
Market sensitivityBeta, 5 years
EBIZ 1.21FDNI 0.89

EBIZ and FDNI in the news

All news⁠

Popular comparisons

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