Equity: U.S. Internet
With 4 ETFs and over $7.95B in combined AUM, the Equity: U.S. Internet segment provides exposure to the U.S. space with a focus on Technology securities.
Year-to-date, the best-performing ETF in the segment is the SPDR S&P Internet ETF (XWEB), with a total return of 15.44%. Meanwhile, the most popular ETF is the First Trust Dow Jones Internet Index Fund (FDN) with $7.28BB in assets under management.
Investors should take a look at the (). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. has an expense ratio of -- and tracks the .
ETF.com Efficiency Insight
The average efficiency score in the Equity: U.S. Internet segment is 88 out of 100, with the First Trust Dow Jones Internet Index Fund(FDN) obtaining the highest rating of 91 out of 100.
Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.53% per year, with the SPDR S&P Internet ETF (XWEB) having the lowest expense ratio, charging investors 0.35% yearly.
Investors should look for funds with tight tracking, such as the PowerShares Dynamic Networking Portfolio (PXQ), with a 12-month median tracking difference of -0.42%.
ETF.com Tradability Insight
The average tradability score in the Equity: U.S. Internet segment is 80 out of 100, with the PowerShares NASDAQ Internet Portfolio(PNQI) obtaining the highest rating of 97 out of 100.
The First Trust Dow Jones Internet Index Fund (FDN) is the undisputed segment leader when it comes to liquidity. The fund trades 83.51M in daily average volume. Investors should also find ample liquidity in the PowerShares NASDAQ Internet Portfolio (PNQI), with $7.02M in daily dollar volume.
Use limit orders to trade funds such as the SPDR S&P Internet ETF(XWEB), due to their double-digit market spreads.
ETF.com Fit Insight
The Thomson Reuters US Internet Services Total Return Index has been selected as the index that most accurately represents the market in question. The benchmark has been selected by the ETF Analytics team at FactSet, according to a series of guidelines to ensure this index accurately captures its market.
Investors trying to match a broad market exposure should pay attention to PNQI. This fund obtains a high Fit score and investors should capture market-like returns.
Other funds diverge from the market, by nature of their investment mandates; for example, PXQ follows a Multi-factor strategy and obtains a low Fit score compared with our neutral benchmark.