Fair Value Calculator Check a stock

First Trust Dow Jones Internet Index Fund (FDN)

Look-through valuation · Sector · Expense ratio 0.52 % · ISIN US33733E3027

FDN First Trust Dow Jones Internet Index Fund FDN overvalued
Holdings vs fair value −47.4 % weighted average
Quality 60/100 avg alpha quality
Expense ratio 0.52 % per year (TER)
Fund size $ 5.1B
The look-through covers 94 % of the fund by weight (39 of 41 disclosed positions valued). Unresolved positions are left out, never estimated.

Price history (since 2006)

$ 284 $ 13 Jun 2006 Jul 2026

Monthly close since 2006. Price shows performance, the valuation verdict is in the look-through above.

Top holdings

Holding Weight vs fair value Quality
Meta Platforms Inc. META 11.1 % −21.5 % 60
Amazon.com Inc AMZN 10.0 % −49.9 % 53
Cisco Systems Inc CSCO 8.2 % −61.5 % 77
Alphabet Inc Class A GOOGL 5.4 % n/a n/a
Arista Networks ANET 5.2 % −75.1 % 72
Booking Holdings Inc BKNG 4.7 % −16.3 % 71
Alphabet Inc Class C GOOG 4.3 % −60.7 % 73
Salesforce.com Inc CRM 4.2 % +9.0 % 66
Netflix Inc NFLX 3.9 % −33.0 % 65
Oracle Corporation ORCL 3.9 % −34.7 % 32
Snowflake Inc. SNOW 3.8 % −80.0 % 59
Cloudflare Inc NET 3.6 % −80.0 % 40
Datadog Inc DDOG 3.5 % −80.0 % 56
DoorDash, Inc. Class A Common Stock DASH 2.8 % −79.7 % 47
Ciena Corp CIEN 2.5 % −78.7 % 66
Airbnb Inc ABNB 2.4 % −61.3 % 72
Carvana Co CVNA 2.0 % −70.4 % 38
eBay Inc EBAY 2.0 % −46.7 % 72
PayPal Holdings Inc PYPL 1.7 % +38.9 % 61
Roblox Corp RBLX 1.4 % −62.9 % 28
Veeva Systems Inc Class A VEEV 1.1 % −50.9 % 61
Workday Inc WDAY 1.1 % −62.9 % 55
Okta Inc OKTA 1.0 % −79.6 % 71
Copart Inc CPRT 1.0 % +9.1 % 54
F5 Networks Inc FFIV 1.0 % −47.2 % 79

Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 41 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.

How the look-through works

An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives First Trust Dow Jones Internet Index Fund an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.

As of: Jul 17, 2026

No investment advice, no buy or sell recommendation. The look-through is a computed summary of public fundamentals and is no substitute for your own research.