Skip to Content
ETFs

First Trust Exchange-Traded Fund II First Trust Dow Jones International Internet ETF

FDNI
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 05 2018
Expense Ratio
0.65%
Type
Global Ex. US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$77,616
AUM
$26,475,042
Associated Index
Dow Jones International Internet Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

700
Tencent Holdings Ltd.
10.24%
9988
Alibaba Group Holding Ltd
9.97%
3690
Meituan - Ordinary Shares - Class B
7.81%
PDD
PDD Holdings Inc - ADR
7.67%
SHOP
Shopify Inc - Ordinary Shares - Class A
7.40%
PRX
Prosus NV - Ordinary Shares - Class N
5.39%
9999
NetEase Inc
4.50%
9618
JD.com Inc - Ordinary Shares - Class A
4.41%
9888
Baidu Inc
4.38%
NPN
Naspers Ltd - Ordinary Shares - Class N
3.63%
Invest with FDNI

What is FDNI?

The First Trust Dow Jones International Internet ETF seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an equity index called the Dow Jones International Internet Index. The Fund will normally invest at least 90% of its net assets (including investment borrowings) in securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Dow Jones International Internet Index is a float-adjusted market capitalization weighted index designed to measure the performance of the 40 largest and most actively traded non U.S. international companies in the Internet industry that are engaged in internet commerce and internet services.

ETFs related toFDNI

ETFs correlated to FDNI include EMQQ, KWEB, CWEB

FDNI
First Trust Exchange-Traded Fund II - First Trust Dow Jones International Internet ETF
EMQQ
Exchange Traded Concepts Trust - EMQQ The Emerging Markets Internet and Ecommerce ETF
KWEB
KraneShares Trust - KraneShares CSI China Internet ETF
CWEB
Direxion Shares ETF Trust - Direxion Daily CSI China Internet Index Bull 2X Shares
EMC
Global X Funds - Global X Emerging Markets Great Consumer ETF
AIA
BlackRock Institutional Trust Company N.A. - iShares Asia 50 ETF
MCHI
BlackRock Institutional Trust Company N.A. - iShares MSCI China ETF
GXC
SSgA Active Trust - SPDR S&P China ETF
FXI
BlackRock Institutional Trust Company N.A. - iShares China Large-Cap ETF
YINN
Direxion Shares ETF Trust - Direxion Daily FTSE China Bull 3X Shares
EEMA
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets Asia ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toFDNI

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

Create your own algorithmic trading strategy with FDNI using Composer

FAQ

FDNI is a Global Ex. US Equities ETF. The First Trust Dow Jones International Internet ETF seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an equity index called the Dow Jones International Internet Index. The Fund will normally invest at least 90% of its net assets (including investment borrowings) in securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Dow Jones International Internet Index is a float-adjusted market capitalization weighted index designed to measure the performance of the 40 largest and most actively traded non U.S. international companies in the Internet industry that are engaged in internet commerce and internet services.

FDNI tracks the Dow Jones International Internet Index.

No, FDNI is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, FDNI is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FDNI is -0.0319%. This is the percent change in the value of FDNI over the most recent 1-month period. The 3-month return on FDNI is -0.0655%. This is the percent change in the value of FDNI over the most recent 3-month period.

The standard deviation of FDNI for the past year is 0.3753%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FDNI include IXN, IXJ, and SMH.

ETFs correlated to FDNI include EMQQ, KWEB, and CWEB.

ETFs that are inversely correlated to FDNI include YANG, EDZ, and EFZ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.