FDND
FT Vest Dow Jones Internet & Target Income ETF
📎 Investment Objective
The FT Vest Dow Jones Internet & Target Income ETF (FDND) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Dow Jones Internet Composite Index, while also generating a target level of income.
Overview
ETF tracking FT Vest Dow Jones Internet & Target Income ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The FT Vest Dow Jones Internet & Target Income ETF (FDND) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Dow Jones Internet Composite Index, while also generating a target level of income.
🎯 Investment Strategy
The ETF employs a passive management approach, seeking to track the performance of the underlying index. It invests primarily in the common stocks of companies that are components of the Dow Jones Internet Composite Index, which includes large-cap companies engaged in internet-related businesses. The fund also aims to generate a target level of income through the use of an options strategy.
✨ Key Features
- Provides exposure to large-cap internet and technology companies
- Seeks to track the performance of the Dow Jones Internet Composite Index
- Utilizes an options strategy to generate a target level of income
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the fund's holdings may fluctuate due to general market conditions
- Sector concentration risk: The fund's performance is heavily dependent on the internet and technology sectors
- Options strategy risk: The use of options may not achieve the desired level of income or may result in losses
- Tracking error risk: The fund may not perfectly track the performance of the underlying index
👤 Best For
This ETF may be suitable for investors seeking broad exposure to large-cap internet and technology companies, with a focus on generating a target level of income. It may be appropriate for investors with a medium to long-term investment horizon and a moderate risk tolerance.