Overview of FDN
The First Trust Dow Jones Internet Index Fund ETF (FDN) tracks a market cap–weighted portfolio of liquid US Internet companies. This ETF tracks the performance of 42 publicly listed companies in the technology sector. FDN’s market capitalization is $3.49 billion, its expense ratio is 0.57%, and its average daily volume of shares traded is $36.81 million.
The top five holdings of FDN are:
- Amazon (AMZN): 10.73%
- Priceline Group (PCLN): 5.59%
- Facebook Inc. Class A Shares (FB): 10.15%
- Google Inc. Class A (GOOGL): 5.72%
- Google Inc. Class C (GOOG): 5.44%
These five stocks comprise over 37% of FDN’s total portfolio.
Fund flows in FDN
In the trailing one-month period, fund inflows for the First Trust Dow Jones Internet Index Fund ETF (FDN) were $56.76 million. In the trailing 12-month (or TTM) period, net fund inflows were $1.432 billion. Fund flows in the trailing one-week and trailing three-month (quarterly) periods for FDN were $66.23 million and $440.88 million, respectively. Between August 21, 2015, and September 14, 2015, FDN was trading consistently below its moving averages and net fund outflows in the ETF were $23.80 million.
FDN generated investor returns of 12.37% in the trailing 12-month period and -3.69% in the trailing one-month period. In comparison, it generated 21.99% returns in the trailing three-year period, 13.21% year-to-date, and 1.20% in the last three months.
On September 18, 2015, FDN closed the trading day at $69.42. Based on this figure, here’s how the stock fares in terms of its moving averages:
- 99% above its 100-day moving average of $68.73
- 97% below its 50-day moving average of $70.10
- 43% above its 20-day moving average of $67.77
Relative strength index
FDN’s 14-day RSI (relative strength index) is 52.28, which shows that this ETF is neither overbought nor oversold. Generally, if the RSI is above 70, it indicates the stock is overbought. An RSI figure below 30 suggests that a stock is oversold.