First Trust S-Network E-Commerce ETF
ISHP
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- Oct 11, 2016
- Website
- ftportfolios.com
- Similar Companies
- Business
- First Trust S-Network Global E-Commerce ETF (ISHP) is an exchange-traded fund that seeks investment results corresponding generally to the price and yield, before fees and expenses, of the S-Network Global E-Commerce Index, which provides exposure to companies engaged in the global e-commerce industry with securities listed on major exchanges worldwide. The fund invests at least 90% of its net assets in securities comprising the index, including equities of companies involved in broadline retail, specialty retail, interactive media and services, hotels restaurants and leisure, air freight and logistics, financial services, and real estate management; top holdings as of November 2025 include Expedia Group Inc., Alphabet Inc., Amazon.com Inc., PDD Holdings Inc., and Shopify Inc., among approximately 60 securities selected by market capitalization and equally weighted. It operates globally with exposure across developed and emerging markets in regions such as North America, Europe, Asia-Pacific, and Latin America, targeting institutional and retail investors seeking thematic equity exposure to e-commerce growth. Launched on September 20, 2016 and headquartered in Wheaton, Illinois under First Trust Advisors L.P., the fund is part of First Trust Exchange-Traded Fund VI and underwent a major strategic shift on January 26, 2022, when its underlying index changed from the Nasdaq US Smart Retail Index to the S-Network Global E-Commerce Index to broaden its focus beyond U.S. retail to worldwide e-commerce participants. No significant partnerships, acquisitions, funding rounds, new product launches, or reorganizations have been reported in the last 1-2 years; recent developments include routine portfolio rebalancing reflected in November 2025 holdings updates and ongoing semi-annual shareholder reporting as of September 30, 2025. The ETF maintains a thematic focus on e-commerce beneficiaries, including online marketplaces, payment processors, logistics providers, and digital platforms, amid persistent cybersecurity, consumer demand fluctuation, and emerging market risks.