First Trust Dow Jones Internet Index Fund (02FE)
XBER 
Summary
02FE Chart
Should You Invest in the First Trust Dow Jones Internet ETF (FDN)?
The First Trust Dow Jones Internet ETF (FDN) was launched on 06/19/2006, and is a passively managed exchange traded fund designed to offer broad exposure to the Technology - Internet segment of the equity market.
Should You Invest in the First Trust Dow Jones Internet ETF (FDN)?
Launched on 06/19/2006, the First Trust Dow Jones Internet ETF (FDN) is a passively managed exchange traded fund designed to provide a broad exposure to the Technology - Internet segment of the equity market.
FDN: Internet Tech Growth Will Outshine Negative Qualities
First Trust Dow Jones Internet Index ETF warrants a buy rating due to strong growth prospects for top holdings Netflix, Amazon, and Meta Platforms. Despite its high valuation and expense ratio, FDN's long-term performance is expected to benefit from the robust growth in the internet tech industry. FDN has outperformed the S&P 500 over the past decade, with a 10-year average return of 13.09%, though it lacks a dividend yield.
First Trust Dow Jones Internet Index Fund (02FE) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has First Trust Dow Jones Internet Index Fund ever had a stock split?
First Trust Dow Jones Internet Index Fund Profile
| XBER Exchange | US Country |
Overview
The described fund is an investment vehicle that focuses predominantly on the stock market's internet sector within the United States. By allocating at least 90% of its net assets, including any borrowed funds for investment purposes, into securities that are part of the designated index, the fund aims to mirror the performance of the leading and most actively traded companies in the internet industry. The guiding index for this investment strategy comprises two essential sub-indices: the Dow Jones Internet Commerce Index and the Dow Jones Internet Services Index, together providing a comprehensive overview of the sector. The fund's approach is non-diversified, indicating a concentrated investment in the defined market segment to potentially maximize returns from the internet industry sector's growth and performance.
Products and Services
- Investment in Internet Sector Securities
This product focuses on investing in the securities that form part of the index measuring the performance of the U.S.'s largest and most active companies within the internet industry. It includes both the Dow Jones Internet Commerce Index, which captures the companies engaged in internet commerce, and the Dow Jones Internet Services Index, that represents firms providing internet services. This dual focus offers investors exposure to a broad spectrum of internet-related activities, aiming for growth through advancements and expansions within this sector.
- Non-Diversified Fund Structure
By adopting a non-diversified structure, the fund concentrates its investments in the internet sector of the stock market, rather than spreading its assets across various sectors. This strategy seeks to provide heightened exposure to the sector's potential growth, though it also entails a higher level of risk due to the lack of diversification. Investors looking for focused investment opportunities in the dynamic and potentially high-growth area of internet commerce and services may find this approach aligns with their investment objectives.
Contact Information
