First Trust Dow Jones International Internet ETF
FDNI - ETF AI Analysis
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First Trust Dow Jones International Internet ETF (FDNI)
FDNI’s rating suggests it is a reasonably solid international internet ETF with a mix of strong growth names and some near-term challenges. High-quality holdings like Tencent and Netease support the fund’s quality through strong financial performance, strategic investments in technology, and profitable operations, while companies such as Alibaba and PDD face bearish technical trends and regulatory or investment-related pressures that weigh on the overall picture. The main risk factor is the fund’s concentration in a single, volatile sector—international internet and technology platforms—where competitive and regulatory pressures can quickly impact performance.
FDNI vs. SPDR S&P 500 ETF (SPY)
- AUM
- 30.26M
- Region
- Global Ex-U.S.
- Expense Ratio
- 0.65%
- Beta
- 1.07
- Issuer
- First Trust
- Inception Date
- Nov 05, 2018
- Dividend Yield
- 1.46%
- Asset Class
- Equity
- Index Tracked
- Dow Jones International Internet Index (USD)
FDNI Summary
FDNI is the First Trust Dow Jones International Internet ETF, which follows the Dow Jones International Internet Index. It focuses on internet-based companies outside the U.S., including online shopping, digital services, and streaming platforms. Well-known holdings include Alibaba and Tencent, along with other global e-commerce and tech names. Someone might invest in FDNI to seek growth from the worldwide shift toward online shopping and digital services, while also gaining international diversification. A key risk is that it is heavily concentrated in internet and tech-related stocks, so its price can swing sharply and may fall if this sector struggles.
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
FDNI is essentially a global ex-U.S. bet on international internet heavyweights, with a big tilt toward Asian e-commerce and platforms. Shopify and Sea have shown more mixed, stop‑and‑go momentum, sometimes helping but not consistently leading the charge. Chinese giants like Alibaba, Tencent, and PDD, along with Prosus, have been lagging, acting as a weight on the fund as sentiment around China tech cools. With most of its firepower in consumer internet and communication services, the ETF’s story is one of concentrated, volatile growth that currently feels more like a headwind than a tailwind.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 SHOP | Shopify | 11.97% | $3.59M | $187.89B | -6.09% | ―― |
 HK:9988 | Alibaba Group Holding Ltd. | 9.33% | $2.80M | HKD 2.02T | -37.28% | 70Outperform |
 HK:0700 | Tencent Holdings | 9.61% | $2.88M | HKD 3.76T | -36.98% | 75Outperform |
 PDD | PDD Holdings | 5.83% | $1.75M | $113.02B | -42.37% | 70Outperform |
 SPOT | Spotify | 6.56% | $1.97M | $124.81B | -4.76% | 66Neutral |
 HK:9999 | Netease Inc | 4.92% | $1.48M | HKD 649.02B | -10.50% | 80Outperform |
 HK:9618 | JD.com, Inc. Class A | 4.79% | $1.44M | HKD 305.51B | -9.75% | 74Outperform |
 NL:PRX | Prosus | 4.51% | $1.35M | EUR 74.67B | -39.87% | 77Outperform |
 HK:3690 | Meituan | 4.29% | $1.29M | HKD 466.25B | -28.58% | 74Outperform |
 SE | Sea | 3.12% | $936.64K | $46.54B | -48.01% | 69Neutral |
FDNI Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FDNI, the sentiment is Negative. The current price of 25.98 is above the 20-day moving average (MA) of 25.92, below the 50-day MA of 26.18, and below the 200-day MA of 27.65, indicating a neutral trend. The MACD of -0.04 indicates Negative momentum. The RSI at 48.99 is Neutral, neither overbought nor oversold. The STOCH value of 76.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FDNI.
FDNI Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| FDNI | $25.98 | $27.00(3.93% Upside) | $30.26M | 0.65% | 57Neutral |
 RWX | $25.98 | $28.54(9.85% Upside) | $235.89M | 0.59% | 56Neutral |
 FMET | $38.63 | $46.44(20.22% Upside) | $41.70M | 0.39% | 68Neutral |
 ARVR | $56.72 | $68.69(21.11% Upside) | $8.41M | 0.70% | 66Neutral |
 VERS | $71.45 | $106.70(49.33% Upside) | $5.00M | 0.58% | 65Neutral |
 CLOD | $33.38 | $42.27(26.62% Upside) | $2.97M | 0.35% | 71Outperform |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| FDNI | First Trust Dow Jones International Internet ETF | 25.98 | -9.76 | -27.31% | |
| RWX | SPDR Dow Jones International Real Estate ETF | 25.98 | -0.94 | -3.48% | |
| FMET | Fidelity Metaverse ETF | 38.63 | 2.67 | 7.43% | |
| ARVR | First Trust Indxx Metaverse ETF | 56.72 | 7.61 | 15.50% | |
| VERS | ProShares Metaverse ETF | 71.45 | 11.32 | 18.84% | |
| CLOD | Themes Cloud Computing ETF | 33.38 | 0.16 | 0.50% |
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.