FDNI
First Trust Dow Jones International Internet ETF
📎 Investment Objective
The First Trust Dow Jones International Internet ETF (FDNI) seeks to track the performance of the Dow Jones International Internet Index, which is designed to measure the performance of international companies that generate at least 50% of their revenues from the internet and internet-related industries.
Overview
ETF tracking First Trust Dow Jones International Internet ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The First Trust Dow Jones International Internet ETF (FDNI) seeks to track the performance of the Dow Jones International Internet Index, which is designed to measure the performance of international companies that generate at least 50% of their revenues from the internet and internet-related industries.
🎯 Investment Strategy
The ETF invests in a portfolio of international stocks that are components of the underlying index. The index is designed to provide exposure to companies that are actively involved in internet-related businesses, such as e-commerce, internet service providers, search engines, and social media platforms.
✨ Key Features
- Provides exposure to international internet and technology companies
- Tracks the Dow Jones International Internet Index, which is designed to measure the performance of the global internet industry
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Concentration risk: The fund is heavily concentrated in the internet and technology sectors, which can be volatile
- Currency risk: As an international fund, the ETF is exposed to fluctuations in foreign exchange rates
- Liquidity risk: The fund may have limited trading volume and liquidity, especially given its small asset size
- Lack of performance history: With limited track record, it's difficult to assess the long-term performance and risk profile of the fund
👤 Best For
This ETF may be suitable for investors seeking exposure to the global internet and technology industry, as part of a diversified portfolio. However, due to the fund's concentration, volatility, and lack of performance history, it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.