First Trust Chindia ETF
FNI
New York Stock Exchange Arca- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- First Trust Chindia ETF (FNI) is an exchange-traded fund that seeks investment results tracking the Nasdaq ChIndia Index, which provides exposure to companies in China and India benefiting from growth in the technology, telecommunications, and internet sectors. The fund's portfolio primarily consists of equities in information technology; consumer discretionary, including internet services and e-commerce; communication services such as wireless telecommunications; and select holdings in financials and consumer staples, with top positions typically including large-cap firms like Taiwan Semiconductor Manufacturing Co., Tencent Holdings Ltd., and Infosys Ltd. FNI employs a passive management strategy, holding approximately 50-60 securities weighted by modified free-float market capitalization, subject to single-issuer concentration limits. Launched in 2007 and domiciled in the United States, the ETF is issued and managed by First Trust Advisors LP, headquartered in Wheaton, Illinois, with operations focused on U.S. investors through major stock exchanges. The fund targets institutional and retail investors seeking emerging market growth outside traditional benchmarks, with geographic emphasis on Asia-Pacific regions including mainland China, Hong Kong, Taiwan, and India. It maintains a competitive expense ratio and distributes dividends quarterly, reflecting underlying portfolio yields from high-growth constituents. In recent developments, FNI underwent a benchmark transition in 2023, shifting from the AlphaShares ChIndia Index to the Nasdaq ChIndia Index to enhance index methodology and liquidity; the fund also benefited from First Trust's broader ETF ecosystem expansions, including increased assets under management amid renewed interest in Asia tech post-2024 market rallies. No major acquisitions, funding rounds, or structural reorganizations have been reported for FNI itself within the last two years, though parent First Trust has pursued strategic alliances in digital asset ETFs and sustainable investing segments. These adjustments position FNI for sustained exposure to the intertwined economic trajectories of China and India.