FDN - ETF AI Analysis
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First Trust Dow Jones Internet Index Fund (FDN)
Rating:72Outperform
Price Target:―
Positive Factors
Leading Internet and Tech Names
The ETF’s largest positions include well-known internet and technology companies that have generally shown strong or steady performance, helping support the fund.
Sector Diversification Within Growth Areas
Holdings spread across technology, communication services, and consumer cyclical sectors provide some diversification within growth-focused parts of the market.
Large Asset Base
The fund manages several billion dollars in assets, which can help with trading liquidity and overall fund stability for investors.
Negative Factors
High Stock Concentration
A small group of top holdings makes up a large share of the portfolio, increasing the impact that any one company’s performance can have on the ETF.
Recent Weak Overall Performance
The ETF’s year-to-date return has been negative, showing that it has struggled recently despite some strong individual holdings.
Narrow U.S. and Internet Focus
With almost all assets in U.S. companies and a focus on internet-related sectors, the fund is less diversified across countries and industries and may be more sensitive to swings in U.S. growth and tech markets.
FDN vs. SPDR S&P 500 ETF (SPY)
AUM5.09B
RegionNorth America
Expense Ratio0.49%
Beta1.24
IssuerFirst Trust
Inception DateJun 19, 2006
Dividend YieldN/A
Asset ClassEquity
Index TrackedDJ Internet Composite
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume401,346
30 Day Avg. Volume526,046
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
328.20Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering41
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FDN Summary
FDN is an ETF that follows the Dow Jones Internet Composite Index, focusing on companies that make most of their money from internet-related businesses. It holds well-known names like Amazon and Meta Platforms (Facebook’s parent company), along with other firms involved in e-commerce, online services, and cloud technology. Someone might invest in FDN to seek growth from the continued expansion of the internet and to get a basket of leading online companies in one fund. A key risk is that it is heavily focused on internet and tech stocks, so its price can swing a lot and may fall sharply if that sector struggles.
How much will it cost me?FDN has an expense ratio of 0.49%, which means you’ll pay $4.90 per year for every $1,000 invested. This is slightly higher than average because it is a sector-focused ETF that requires active management to track the Dow Jones Internet Composite Index and maintain exposure to leading internet companies.
What would affect this ETF?FDN could benefit from continued growth in internet usage, e-commerce, and digital transformation, especially as its top holdings like Amazon, Meta, and Alphabet are leaders in these areas. However, rising interest rates or regulatory scrutiny on big tech companies could negatively impact the fund's performance, as these factors may increase costs or limit growth opportunities. Additionally, economic slowdowns could reduce consumer spending in sectors like e-commerce and online services, affecting the ETF's key holdings.
FDN Top 10 Holdings
FDN is very much an internet and Big Tech story, with U.S.-based giants setting the tone. Amazon and Alphabet are doing the heavy lifting, with both stocks rising on the back of strong cloud and AI momentum. Cisco and Ciena are also climbing, giving the fund an extra boost from the networking side of tech. On the flip side, Meta and Salesforce are losing steam, and Netflix’s mixed performance isn’t helping. Overall, the ETF is concentrated in tech and communication services, so its fortunes are tightly tied to the digital economy.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Amazon | 10.38% | $526.87M | $2.60T | 12.47% | 71 Outperform | |
| Cisco Systems | 9.36% | $475.29M | $480.19B | 88.95% | 77 Outperform | |
| Meta Platforms | 8.01% | $406.64M | $1.44T | -16.97% | 76 Outperform | |
| Netflix | 6.64% | $336.96M | $342.21B | -33.72% | 73 Outperform | |
| Alphabet Class A | 6.02% | $305.77M | $4.33T | 105.92% | 85 Outperform | |
| Arista Networks | 4.92% | $249.59M | $196.94B | 76.76% | 83 Outperform | |
| Alphabet Class C | 4.83% | $245.42M | $4.33T | 103.64% | 82 Outperform | |
| Booking Holdings | 3.97% | $201.62M | $126.76B | -22.17% | 63 Neutral | |
| Snowflake | 3.72% | $188.65M | $83.32B | 11.82% | 54 Neutral | |
| Salesforce | 3.56% | $180.61M | $136.32B | -35.80% | 80 Outperform |
FDN Technical Analysis
Negative
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Price Trends
264.80
Negative
254.83
Positive
264.91
Negative
Market Momentum
0.56
Positive
42.66
Neutral
13.89
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FDN, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 273.51, equal to the 50-day MA of 264.80, and equal to the 200-day MA of 264.91, indicating a bearish trend. The MACD of 0.56 indicates Positive momentum. The RSI at 42.66 is Neutral, neither overbought nor oversold. The STOCH value of 13.89 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FDN.
FDN Peer Comparison
Comparison Results
Performance Comparison
FDN
First Trust Dow Jones Internet Index Fund
271.22
12.86
4.98%
THRO
Ishares U.S. Thematic Rotation Active Etf
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JTEK
JPMorgan U.S. Tech Leaders ETF
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IFRA
iShares U.S. Infrastructure ETF
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―
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USCA
Xtrackers MSCI USA Climate Action Equity ETF
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ITB
iShares U.S. Home Construction ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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