From Nasdaq: 2024-06-24 06:20:05

Summary: The First Trust Dow Jones Internet ETF (FDN) is a popular passively managed ETF that provides exposure to the Technology – Internet sector. With over $5.90 billion in assets, FDN seeks to match the performance of the Dow Jones Internet Composite Index and includes companies focused on the Internet.

Key Details: FDN has an expense ratio of 0.52% and holds top holdings such as Amazon.com, Inc. and Meta Platforms Inc. The ETF has gained about 7.93% year-to-date and is up roughly 26.47% in the last year. However, with a beta of 1.10 and high risk profile, it is more concentrated than peers.

Alternatives: Investors can also consider alternatives like the Invesco NASDAQ Internet ETF (PNQI) and the ARK Next Generation Internet ETF (ARKW), which have different asset sizes and expense ratios. FDN holds a Zacks ETF Rank of 1 (Strong Buy) and is a good option for investors seeking exposure to the Technology – Internet segment.

Bottom Line: With a focus on the Technology – Internet sector, FDN is a suitable choice for those looking for diversified exposure in this area. Investors can access more information on ETFs and the latest recommendations from Zacks Investment Research through their online resources.



Read more at Nasdaq: Should You Invest in the First Trust Dow Jones Internet ETF (FDN)?