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FDNI - ETF AI Analysis
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First Trust Dow Jones International Internet ETF (FDNI)
Rating:57Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several key holdings, including Alibaba and Tencent, have delivered strong year-to-date performance, supporting the ETF’s overall returns.
Global Diversification
The ETF invests across multiple countries, including Hong Kong, the U.S., and Europe, reducing reliance on a single geographic region.
Exposure to Growth Sectors
The fund focuses on high-growth sectors like Communication Services, Consumer Cyclical, and Technology, which have strong long-term potential.
Negative Factors
High Geographic Concentration
Nearly 73% of the portfolio is concentrated in Hong Kong and the U.S., which may limit exposure to other global markets.
Underperforming Holdings
Some holdings, such as Meituan, have shown negative year-to-date performance, potentially dragging down overall returns.
Above-Average Expense Ratio
The ETF’s expense ratio of 0.65% is higher than many comparable funds, which could reduce net returns over time.
FDNI vs. SPDR S&P 500 ETF (SPY)
AUM50.33M
RegionGlobal Ex-U.S.
Expense Ratio0.65%
Beta1.01
IssuerFirst Trust
Inception DateNov 05, 2018
Dividend Yield1.07%
Asset ClassEquity
Index TrackedDow Jones International Internet Index (USD)
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume10,921
30 Day Avg. Volume48,808
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
43.97Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering35
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FDNI Summary
The First Trust Dow Jones International Internet ETF (FDNI) is an investment fund focused on international internet companies. It follows the Dow Jones International Internet Index, which includes businesses outside the U.S. that generate significant revenue from online operations like e-commerce and digital services. Some well-known companies in the ETF are Shopify and Alibaba. Investors might consider FDNI for its potential growth as it targets innovative, tech-driven companies shaping the digital world. However, it’s important to note that the ETF is heavily influenced by the performance of internet and tech sectors, which can be volatile.
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
The FDNI ETF is heavily concentrated in international internet giants, with Tencent and Shopify leading the charge thanks to steady growth and innovation in gaming and e-commerce. However, Alibaba and Sea are dragging the fund, facing bearish momentum and challenges in profitability and regional markets. The fund’s focus on Communication Services and Consumer Cyclical sectors highlights its thematic tilt toward digital transformation, while its global ex-U.S. exposure provides a diverse mix of opportunities. Overall, the ETF’s performance reflects a tug-of-war between rising stars and lagging players in the internet space.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Tencent Holdings | 9.99% | $5.13M | HK$5.63T | 69.16% | 75 Outperform | |
| Alibaba Group Holding Ltd. | 9.73% | $5.00M | HK$2.95T | 100.00% | 70 Outperform | |
| Shopify | 9.69% | $4.98M | $218.32B | 60.63% | ― | |
| PDD Holdings | 5.10% | $2.62M | $165.29B | 11.54% | 70 Outperform | |
| Prosus | 4.91% | $2.52M | €121.82B | 88.04% | 77 Outperform | |
| Adyen | 4.66% | $2.40M | €45.06B | 14.45% | 66 Neutral | |
| Sea | 4.62% | $2.37M | $77.90B | 17.58% | 69 Neutral | |
| Netease Inc | 4.60% | $2.37M | HK$685.29B | 49.73% | 80 Outperform | |
| Meituan | 4.57% | $2.35M | HK$641.72B | -29.65% | 74 Outperform | |
| JD.com, Inc. Class A | 4.43% | $2.28M | HK$339.41B | -14.37% | 74 Outperform |
FDNI Technical Analysis
Positive
―
Price Trends
34.75
Positive
35.96
Negative
34.01
Positive
Market Momentum
0.23
Negative
53.88
Neutral
72.43
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FDNI, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 34.58, equal to the 50-day MA of 34.75, and equal to the 200-day MA of 34.01, indicating a bullish trend. The MACD of 0.23 indicates Negative momentum. The RSI at 53.88 is Neutral, neither overbought nor oversold. The STOCH value of 72.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FDNI.
FDNI Peer Comparison
Comparison Results
Performance Comparison
FDNI
First Trust Dow Jones International Internet ETF
35.18
8.50
31.86%
HAUZ
Xtrackers International Real Estate ETF
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―
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RWX
SPDR Dow Jones International Real Estate ETF
―
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FMET
Fidelity Metaverse ETF
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―
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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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