First Trust Dow Jones International Internet ETF (FDNI)

Overview

The First Trust Dow Jones International Internet ETF (FDNI) seeks investment results that correspond generally to the price and yield, before fees and expenses, of the Dow Jones International Internet Index. The fund focuses on international internet companies outside the United States, primarily in the technology and consumer discretionary sectors. FDNI employs a passive investment strategy by attempting to replicate the index, providing exposure to the growth potential of international internet markets.

Reputation and Reliability

First Trust is a well-established ETF provider with a solid reputation and a long track record in the market.

Management Expertise

First Trust has a dedicated team of investment professionals experienced in managing ETFs and tracking indices.

Goal

To provide investment results that correspond generally to the price and yield, before fees and expenses, of the Dow Jones International Internet Index.

Investment Approach and Strategy

Strategy: Tracks a specific index: The Dow Jones International Internet Index.

Composition Primarily holds stocks of international internet companies outside the United States.

Market Share: Data not readily available to determine exact market share.

Total Net Assets (AUM): 169120000

Key Competitors

• Emerging Markets Internet & Ecommerce ETF (EMQQ)
• KraneShares CSI China Internet ETF (KWEB)
• Global X MSCI China Consumer Discretionary ETF (CHIQ)

Competitive Landscape

The international internet ETF market is moderately competitive. FDNI focuses specifically on developed markets outside the US, offering a different risk/return profile than EM focused competitors. Competitors like EMQQ and KWEB may have higher growth potential but also increased volatility associated with emerging markets.

Historical Performance: Historical performance data needs to be retrieved from financial data providers and presented as an array. Ex: [1.2, 3.4, 5.6] for annual returns.

Benchmark Comparison: Benchmark comparisons need to be retrieved from financial data providers and presented as an array. Ex: [1.1, 3.3, 5.5] for annual benchmark returns.

Expense Ratio: 0.007

Average Trading Volume

The average trading volume for FDNI is moderate, which may affect trade execution for large orders.

Bid-Ask Spread

The bid-ask spread for FDNI is generally tight, indicating relatively efficient trading conditions.

Market Environment Factors

Economic indicators in developed international markets, growth prospects in the technology and consumer discretionary sectors, and overall market sentiment influence FDNI's performance.

Growth Trajectory

FDNI's growth depends on the expansion of the internet sector in developed international economies. Changes to the index composition and sector allocations may occur over time.

Competitive Edge

FDNI's competitive advantage lies in its focused exposure to international developed market internet companies. This provides diversification away from the US market and emerging market risks. The ETF's exposure to developed international markets allows investors to target specific regions. FDNI provides access to well-established international internet companies and offers a unique investment proposition.

Volatility

Historical volatility data needs to be retrieved from financial data providers and presented as an array. Ex: [1.2, 3.4, 5.6] for annual volatility.

Market Risk

FDNI is subject to market risk, including fluctuations in international equity markets and sector-specific risks affecting internet companies. Currency risk is also a factor due to its international holdings.

Ideal Investor Profile

The ideal investor is one seeking exposure to international developed market internet companies for diversification purposes. This ETF is suitable for investors who are comfortable with international equity risk and currency fluctuations.

Market Risk

FDNI is best suited for long-term investors seeking growth potential from international internet companies.

First Trust Dow Jones International Internet ETF (FDNI) provides exposure to international developed market internet companies, offering diversification benefits. The fund is designed to track the Dow Jones International Internet Index, focusing on well-established companies. FDNI is suitable for long-term investors comfortable with international market risks. The expense ratio is relatively low making it cost effective. While the AUM is smaller and less liquid compared to its peers.

Data Sources:

• First Trust Website
• ETF.com
• Morningstar
• Bloomberg

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Market conditions and ETF performance are subject to change.