Is FDN a good investment?

First Trust Dow Jones Internet Index Fund (FDN) is a communication-services ETF. This page answers with measurements rather than opinions: ETF Copilot's own 0–10 scores, what the fund holds and how concentrated it is, each computed from the fund's published holdings and updated daily.

Updated August 25, 2026

ETF Copilot scores First Trust Dow Jones Internet Index Fund (FDN) 5.9 out of 10

As of August 25, 2026, ETF Copilot scores First Trust Dow Jones Internet Index Fund (FDN) 5.9 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 5.9 / 10
Growth: 6.9 / 10
Valuation: 8.6 / 10
Risk: 2.0 / 10
Quality: 7.0 / 10
Return: 4.9 / 10

FDN is ranked #6 of 10 in ETF Copilot's Thematic list.

What stands out in FDN's data

Tracks U.S. internet revenue firms through a cap-weighted index.

Functions as a focused internet sector allocation for a portfolio already holding broad communications exposure.

FDN is 63% Tech

What's inside FDN: Size (Large 90%, Mid 10%, Small 0%); Geography (International 2%, US 98%); Tech 63.0%; Magnificent 7 28.1%; AI 27.3%.

FDN's ten largest holdings are 60% of the fund

More concentrated than 54% of Communications ETFs.

Half of FDN's weight sits in its 8 largest positions, and once those weights are taken into account it behaves like 21 equally weighted holdings.

Cite this

ETF Copilot, “First Trust Dow Jones Internet Index Fund (FDN) scores and holdings analysis”, as of August 25, 2026.
https://etf-copilot.com/etf/fdn