First Trust S-Network E-Commerce ETF

Frequently Asked Questions About ISHP

What does ISHP invest in?

The First Trust S-Network E-Commerce ETF, previously recognized as the First Trust Nasdaq Retail ETF, is an investment vehicle designed to closely mirror the financial performance—both in terms of price appreciation and income generation—of an equity benchmark known as the S-Network Global E-Commerce Index. This tracking objective is considered before the ETF's own operational fees and expenses are deducted. To achieve this, the fund generally allocates at least 90% of its total net assets (including any funds borrowed for investment purposes) to the common stocks and depository receipts that comprise this index.

What is the expense ratio of ISHP?

First Trust S-Network E-Commerce ETF (ISHP) charges an expense ratio of 0.60%. This is the annual fee deducted from fund assets to cover management and operations.

How big is ISHP?

First Trust S-Network E-Commerce ETF (ISHP) manages $5.2M 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 ISHP actively managed or an index fund?

ISHP's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was ISHP launched?

First Trust S-Network E-Commerce ETF (ISHP) launched in September 2016 and is managed by First Trust.

How has ISHP performed?

ISHP'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.