ETF Copilot
Developed ex-US

Is FDNI a good investment?

Updated October 9, 2026

First Trust Dow Jones International Internet ETF (FDNI) is a developed ex-US international ETF. As of October 9, 2026, ETF Copilot scores FDNI 3.9 out of 10 — highest on Value (9.7), lowest on Return (0.4). It trades at 17.3 times earnings, against its own median of 23.4. Its ten largest holdings are 66% of the fund.

What stands out in FDNI's data

International internet leaders, from e-commerce to cloud platforms.

Priced above its peers — you pay more for the same earnings stream.

Trailing EBITDA multiple of 10.5x sits above the peer median of 10.4x. Holds 40 stocks.

A satellite sleeve for a portfolio seeking exposure to international digital leaders.

How is FDNI rated? ETF Copilot scores First Trust Dow Jones International Internet ETF (FDNI) 3.9 out of 10

As of October 9, 2026, ETF Copilot scores First Trust Dow Jones International Internet ETF (FDNI) 3.9 out of 10 overall.

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

  • Overall: 3.9 / 10
  • Growth: 7.3 / 10
  • Value: 9.7 / 10
  • Risk: 0.7 / 10
  • Quality: 1.7 / 10
  • Return: 0.4 / 10

Is FDNI expensive right now? It trades at 17.3 times earnings, against its own median of 23.4

As of October 9, 2026, FDNI is cheaper than 96% of its own last 8 years.

Trailing 12 months, built from FDNI's holdings. How we calculate this →

What's inside FDNI? 27% Tech

What's inside FDNI: Size (Large 74%, Mid 25%, Small 1%); Geography (International 100%, US 0%); Tech 27.2%.

What are FDNI's top holdings? The ten largest are 66% of the fund

Shopify, Alibaba, Tencent, Pinduoduo, Spotify Technology, Netease, JD.com, Prosus, Meituan and Sea are FDNI's largest holdings, in that order.

More concentrated than 99% of Developed ex-US ETFs.

Half of FDNI's weight sits in its 7 largest positions, and once those weights are taken into account it behaves like 17 equally weighted holdings.

What is FDNI's expense ratio? 0.65% a year

As of October 9, 2026, FDNI charges 0.65% a year, yields 1.43% and holds $30M in assets across 40 positions.

First Trust Dow Jones International Internet ETF (FDNI) — cost, income and size
MeasureFDNI
Expense ratio0.65%
Dividend yield1.43%
Assets under management$30M
Holdings40

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

Cite this

ETF Copilot, “First Trust Dow Jones International Internet ETF (FDNI) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/fdni

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