FDN ETF — First Trust Dow Jones Internet Index Fund

First Trust Dow Jones Internet Index Fund (FDN)

FDN is an ETF that tracks the First Trust Dow Jones Internet Index. its expense ratio is 0.49%. Total return is 1310.2% over the past 20.2 years, 524.0 points ahead of SPY at 786.2%.

First Trust Dow Jones Internet Index Fund is an ETF that tracks the Dow Jones Internet Index, which measures the performance of large, actively traded U.S. internet companies across commerce and services sectors. The fund holds at least 90% of its assets in index securities with an expense ratio of 0.49% and does not currently distribute income to shareholders. The fund appeals to investors seeking broad exposure to internet and technology equities through a passive, index-tracking approach.

FDN performance versus SPY

Price and return data through 2026-09-18.

Total return is 1310.2% over the past 20.2 years, 524.0 points ahead of SPY at 786.2%. Over the past year its total return — price change plus distributions reinvested — is 0.8%. Its deepest 1-year drawdown was 21.3%.

FDN key facts

Issuer

First Trust

Asset type

ETF

Asset class

Equity

Inception date

06/19/2006

Expense ratio

0.49%

Distribution frequency

None

Last close

$288.14 (as of 2026-09-18)

NAV

$288.67

Premium / discount

0.18% discount

AUM

$5,268,180,688

Average volume

209400.0

Last ex-dividend date

12/21/2011 (as of 2011-12-21)

Last payment date

12/30/2011 (as of 2011-12-30)

Beta

1.24

P/E ratio

25.0933

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: First Trust or company page; Index: First Trust Dow Jones Internet Index; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FDN risks and drawbacks

The deepest 1-year drawdown on record here is 21.3%.

Who may consider FDN — and who may not

It is a weaker fit for investors who need monthly cash flow (FDN does not currently distribute); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Compare FDN

FDN vs similar funds:

• FDN vs QQQ

Frequently asked questions

More securities from First Trust.