First Trust Dow Jones International Internet ETF

Frequently Asked Questions About FDNI

What does FDNI invest in?

The First Trust Dow Jones International Internet ETF is designed to achieve investment returns that closely track the price appreciation and income yield of the Dow Jones International Internet Index, prior to accounting for the fund's own fees and expenses. To meet this objective, it typically invests a minimum of 90% of its net assets, including any borrowed capital, directly into the securities that comprise the index. Through this indexing investment approach, the fund endeavors to replicate the gross performance of the underlying index.

What is the expense ratio of FDNI?

First Trust Dow Jones International Internet ETF (FDNI) charges an expense ratio of 0.65%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FDNI?

First Trust Dow Jones International Internet ETF (FDNI) manages $31.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is FDNI actively managed or an index fund?

FDNI is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (FDNI's is 0.65%) because there's no security selection cost.

When was FDNI launched?

First Trust Dow Jones International Internet ETF (FDNI) launched in November 2018 and is managed by First Trust.

How has FDNI performed?

FDNI's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.