- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- Nov 9, 2018
- Business
- First Trust Dow Jones International Internet ETF (FDNI) is an exchange-traded fund that seeks investment results corresponding generally to the price and yield, before fees and expenses, of the Dow Jones International Internet Index, a float-adjusted market capitalization weighted index measuring the performance of the 40 largest and most actively traded non-U.S. international companies primarily engaged in internet commerce and internet services; the fund employs a full replication strategy to hold the index constituents, including leading holdings such as Shopify Inc., Alibaba Group Holding Limited, Tencent Holdings Limited, Spotify Technology S.A., and PDD Holdings Inc., spanning sectors like information technology, consumer discretionary, and communication services. FDNI targets investors seeking exposure to global ex-U.S. internet-related equities, with a focus on large-cap growth and value stocks in regions including Asia, Europe, and other developed and emerging markets outside the United States. The fund, launched on November 5, 2018, is managed by First Trust Advisors L.P., a privately held investment adviser founded in 1991 and headquartered at 120 East Liberty Drive, Suite 400, Wheaton, Illinois; it is part of First Trust Exchange-Traded Fund II and distributed by affiliate First Trust Portfolios L.P..
In recent developments, First Trust Advisors L.P. announced distributions for FDNI and numerous other exchange-traded funds in December 2025, reflecting ongoing portfolio management and income generation for shareholders amid a portfolio turnover strategy that supports index tracking. The firm completed reorganizations of certain WCM Investment Management funds into new First Trust ETF series in October 2024, expanding its actively managed offerings, while launching additional Target Outcome ETFs in 2025, such as FT Vest S&P 500 & Digital Revolution Target Income ETF, growing its ETF lineup to over 125 funds with more than $33 billion in assets under management as of late 2025. These initiatives underscore First Trust's strategic focus on thematic, income-oriented, and international equity products, with no reported acquisitions, partnerships, or operational shifts specific to FDNI in the last 1-2 years..