First Trust Dow Jones Internet Index Fund ETF

FDN

Market cap $7.62B

OpenAI's partnership spree with AMD, Oracle & NVIDIA fuels AI boom -- ETFs like IYW, FTEC, FDN, AIQ & XT stand to gain.

Looking for broad exposure to the Technology - Internet segment of the equity market? You should consider the First Trust Dow Jones Internet ETF (FDN), a passively managed exchange traded fund launched on June 19, 2006.

Over the last 100 trading days, or roughly five months, the S&P 500 Index (SPX) has surged more than 25%.

The First Trust Dow Jones Internet ETF (FDN) was launched on 06/19/2006, and is a passively managed exchange traded fund designed to offer broad exposure to the Technology - Internet segment of the equity market.

Launched on 06/19/2006, the First Trust Dow Jones Internet ETF (FDN) is a passively managed exchange traded fund designed to provide a broad exposure to the Technology - Internet segment of the equity market.

Wall Street kicks off May on a strong note due to strong jobs data and trade optimism. Tech leads the charge.

First Trust Dow Jones Internet Index ETF warrants a buy rating due to strong growth prospects for top holdings Netflix, Amazon, and Meta Platforms. Despite its high valuation and expense ratio, FDN's long-term performance is expected to benefit from the robust growth in the internet tech industry. FDN has outperformed the S&P 500 over the past decade, with a 10-year average return of 13.09%, though it lacks a dividend yield.

The First Trust Dow Jones Internet ETF (FDN) was launched on 06/19/2006, and is a passively managed exchange traded fund designed to offer broad exposure to the Technology - Internet segment of the equity market.

First Trust Dow Jones Internet Index Fund ETF holds a portfolio of 40 stocks focused on large companies in internet commerce and services. FDN has better fundamental metrics than the technology benchmark XLK, but lower historical return and higher volatility. FDN doesn't look very attractive as a long-term investment compared to a technology sector ETF, but it may be very useful in tactical allocation strategies.

Following on last week's top 10 list, this week's blog focuses on ETFs related to the stocks in the list. For this week, we then screened for ETFs that contained each stock that were also rated 5 (Strong Buy), focusing on the ETF that held the stock in the greatest percentage, then traveling down the lists of ETFs that held it until we found one rated 5. This resulted in a list of Strong Buy 5 rated ETFs that held at least one Strong Buy 5 rated stock as a major holding.