FDN
First Trust Dow Jones Internet Index Fund ETF
📎 Investment Objective
The First Trust Dow Jones Internet Index Fund ETF (FDN) seeks to track the performance of the Dow Jones Internet Composite Index, which is designed to measure the performance of the 40 largest and most actively traded U.S. companies in the internet industry.
Overview
ETF tracking First Trust Dow Jones Internet Index Fund ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The First Trust Dow Jones Internet Index Fund ETF (FDN) seeks to track the performance of the Dow Jones Internet Composite Index, which is designed to measure the performance of the 40 largest and most actively traded U.S. companies in the internet industry.
🎯 Investment Strategy
The ETF employs a passively managed, full-replication strategy, seeking to replicate the performance of the underlying index by holding all the securities in the index in approximately the same weightings.
✨ Key Features
- Provides exposure to a diversified portfolio of large-cap U.S. internet and technology companies
- Tracks the Dow Jones Internet Composite Index, a well-known benchmark for the internet sector
- Low expense ratio of 0.00%, making it a cost-effective way to gain exposure to the internet industry
- Suitable for investors seeking targeted exposure to the internet and technology sectors
⚠️ Primary Risks
- Concentration risk, as the fund is focused on the internet and technology sectors
- Volatility risk, as the internet and technology sectors can be subject to significant price swings
- Market risk, as the value of the fund's holdings may decline due to general market conditions
- Liquidity risk, as the fund may have difficulty trading certain securities due to low trading volume
👤 Best For
This ETF may be suitable for investors with a long-term investment horizon, a higher risk tolerance, and a desire for targeted exposure to the internet and technology sectors as part of a diversified portfolio.