First Trust Dow Jones International Internet ETF (FDNI)
|Ex-Dividend Date||Dec 24, 2020|
|Day's Range||23.58 - 23.99|
|Inception Date||Nov 5, 2018|
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index is developed, maintained and sponsored by S&P Dow Jones Indices LLC. The index is designed to measure the performance of securities of non-U.S. issuers whose primary business focus is Internet-related. The fund is non-diversified.
Top 10 Holdings63.01% of assets
|Meituan Class B||3690.HK||9.25%|
|Tencent Holdings Ltd||700.HK||8.25%|
|Alibaba Group Holding||BABA||8.13%|
|Prosus NV Ordinary Shares - Class N||PRX.AS||6.33%|
E-commerce players have a tradition of enjoying a huge rally on the Singles' Day shopping fervor.
The coronavirus pandemic took the global markets in its grip in the first half of 2020.
This internet ETF hits a new 52-week high. Are more gains in store for this ETF?
These international ETFs have outperformed the S&P 500 in the first quarter.