FDNFirst Trust Dow Jones Internet Index Fund
FDN Fund Description
FDN tracks a market-cap-weighted index of the largest and most liquid US Internet companies.
FDN Factset Analytics Insight
FND is designed to measure performance of the largest and most actively traded stocks of US internet companies. The index is a composite of two sub-indices involved in internet commerce and internet services. To be included in the index, 50% of its revenue must come from the Internet. Eligible securities are ranked first by three-month average float-adjusted market capitalization and then by three-month average share volume. A final rank is then calculated based on an equally weighted average of the security’s market capitalization and volume rankings. Securities are then sorted in descending order by final rank within their sub-industries, respectively. 15 securities from the Internet Commerce and 25 securities from the Internet Services with the best rankings are included. Securities are float-adjusted market capitalization weighted, subject to 10% cap for a single security. The aggregate weight of individual securities with weights of 4.5% or more is limited to 45% of the Index.
FDN MSCI ESG Analytics Insight
First Trust Dow Jones Internet Index Fund has an MSCI ESG Fund Rating of BB based on a score of 3.82 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. First Trust Dow Jones Internet Index Fund ranks in the 11st percentile within its peer group and in the 15th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FDN MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
FDN Portfolio Data
FDN Index Data
FDN Portfolio Management
FDN Tax Exposures
FDN Fund Structure
FDN Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FDN. FDN is rated a 5 out of 5.
FDN Sector/Industry Breakdown
FDN Top 10 Holdings[View All]
FDN Economic Development
FDN Performance Statistics
FDN MSCI ESG Ratings
FDN Benchmark Comparison Summary
FDN Benchmark Comparison Market Cap Size