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FDNI - ETF AI Analysis
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First Trust Dow Jones International Internet ETF (FDNI)
Rating:58Neutral
Price Target:―
Positive Factors
Leading Global Internet Names
The ETF holds several well-known international internet companies, including some with strong recent gains that help support overall performance.
Geographic Diversification Outside the U.S.
Significant exposure to markets like Hong Kong and Europe, alongside the U.S., spreads risk across different countries and regulatory environments.
Focused Exposure to Online Growth Sectors
Heavy weights in communication services, consumer cyclical, and technology give investors targeted access to businesses tied to online platforms and digital spending.
Negative Factors
Recent Weak Performance
The ETF has shown weak returns over the past month, three months, and year-to-date, signaling recent headwinds for its holdings.
High Concentration in a Few Stocks and Regions
A small number of companies and a large tilt toward Hong Kong create added risk if those specific names or that market struggle.
Above-Average Expense Ratio
The fund’s expense ratio is relatively high for an ETF, which means more of the gross return is eaten up by fees each year.
FDNI vs. SPDR S&P 500 ETF (SPY)
AUM54.50M
RegionGlobal Ex-U.S.
Expense Ratio0.65%
Beta1.02
IssuerFirst Trust
Inception DateNov 05, 2018
Dividend Yield1.23%
Asset ClassEquity
Index TrackedDow Jones International Internet Index (USD)
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume30,131
30 Day Avg. Volume32,674
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
42.96Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering35
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FDNI Summary
FDNI is an exchange-traded fund that follows the Dow Jones International Internet Index, focusing on internet-based companies outside the U.S. It holds well-known names like Alibaba and Tencent, along with other online shopping, digital payment, and internet service businesses from places such as Hong Kong and Europe. Someone might invest in FDNI to seek long-term growth from the global shift toward e-commerce and online services while getting diversification across many international tech and internet firms. A key risk is that it is heavily concentrated in internet and tech-related stocks, which can be very volatile and move sharply up or down.
How much will it cost me?The expense ratio for the First Trust Dow Jones International Internet ETF (FDNI) is 0.65%, which means you’ll pay $6.50 per year for every $1,000 invested. This is higher than average because the fund is actively managed and focuses on a specific niche of international internet companies, requiring more research and management effort.
What would affect this ETF?FDNI could benefit from the continued growth of e-commerce, cloud computing, and digital communication globally, especially as internet adoption increases in emerging markets. However, it may face challenges from regulatory changes in key regions like China, where several top holdings are based, and economic slowdowns that could impact consumer spending and technology investments. Interest rate hikes could also negatively affect high-growth tech companies within the ETF.
FDNI Top 10 Holdings
FDNI is heavily tilted toward Chinese and international internet giants, so a handful of names really steer the ship. Alibaba and Baidu have been bright spots lately, giving the fund some welcome lift as their shares have been rising. On the other side, Shopify and PDD have been losing steam, along with Adyen, which has seen more mixed trading, and that trio has been a noticeable drag. With most exposure in communication services and consumer-focused tech outside the U.S., this ETF is a concentrated bet on global online platforms.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Alibaba Group Holding Ltd. | 11.11% | $6.05M | HK$2.75T | 64.87% | 70 Outperform | |
| Tencent Holdings | 10.28% | $5.60M | HK$5.41T | 34.42% | 75 Outperform | |
| Shopify | 8.18% | $4.45M | $172.85B | 0.08% | ― | |
| PDD Holdings | 4.76% | $2.59M | $144.02B | -9.41% | 70 Outperform | |
| Prosus | 4.62% | $2.52M | €105.82B | 43.15% | 77 Outperform | |
| JD.com, Inc. Class A | 4.52% | $2.46M | HK$320.83B | -27.25% | 74 Outperform | |
| Adyen | 4.50% | $2.45M | €39.91B | -14.21% | 66 Neutral | |
| Spotify | 4.49% | $2.44M | $104.71B | -23.77% | 66 Neutral | |
| Netease Inc | 4.44% | $2.42M | HK$607.61B | 25.00% | 80 Outperform | |
| Meituan | 4.43% | $2.41M | HK$579.69B | -39.09% | 74 Outperform |
FDNI Technical Analysis
Negative
―
Price Trends
34.18
Negative
35.70
Negative
34.37
Negative
Market Momentum
-0.63
Positive
23.88
Positive
6.17
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FDNI, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 34.14, equal to the 50-day MA of 34.18, and equal to the 200-day MA of 34.37, indicating a bearish trend. The MACD of -0.63 indicates Positive momentum. The RSI at 23.88 is Positive, neither overbought nor oversold. The STOCH value of 6.17 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FDNI.
FDNI Peer Comparison
Comparison Results
Performance Comparison
FDNI
First Trust Dow Jones International Internet ETF
30.74
0.98
3.29%
HAUZ
Xtrackers International Real Estate ETF
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RWX
SPDR Dow Jones International Real Estate ETF
―
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FMET
Fidelity Metaverse ETF
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IVRS
iShares Future Metaverse Tech and Communications ETF
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IPAV
Global X Infrastructure Development ex-U.S. 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.
Disclaimer
This 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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