What is FDN?
The First Trust Dow Jones Internet ETF (FDN) tracks a market-cap-weighted portfolio of liquid US Internet companies. FDN tracks the performance of 40 publicly listed companies in the technology sector. The market capitalization of FDN is $4.8 billion with an expense ratio of 0.57%. Average daily volume of shares traded is $63.5 million. FDN’s price-to-earnings ratio is 63.07x. Its price-to-book ratio and distribution yield stand at 5.60x and 0.00%, respectively.
FDN’s top five holdings are Amazon (AMZN) at 11.1%, Facebook Class A Shares (FB) at 10.4%, Alphabet Class A (GOOGL) at 5.4%, Salesforce.com at 5.3%, and Alphabet Class C (GOOG) at 5.3%. These companies comprise more than 37% of FDN’s total portfolio. Amazon (AMZN) comprises 5.3% of the PowerShares QQQ ETF (QQQ) as well.
Fund flows in FDN
In the trailing one month, fund inflows for the First Trust Dow Jones Internet ETF (FDN) have been $126.6 million. In the trailing 12-month (or TTM) period, net fund inflows were $2.6 billion. Fund flows in the trailing three months (quarterly) were $1.0 billion. Since October 5, 2015, FDN has been trading consistently above its 100-day moving average. Its net fund inflows have been $1.1 billion.
FDN generated investor returns of 22.4% in the trailing 12-month period and -1.4% in the trailing one-month period. In comparison, it generated 24.4% returns in the trailing three-year period, 20.7% YTD (year-to-date), and 9.9% in the last three months.
On December 28, 2015, FDN closed the trading day at $75.21. Based on this figure, here’s how the stock fares in terms of its moving averages:
- 3% above its 100-day moving average of $73.23
- 0.40% above its 50-day moving average of $74.91
- 0.37% below its 20-day moving average of $75.49