First Trust Dow Jones International Internet ETF (FDNI) Performance
FDNI total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −24.5% since Dec 31, 2025
- 1 year
- −31.3% total return
- 5 years
- −9.7% a year
- Since first price
- +3.9% a year since 2018
FDNI trailing returns vs SPY, QQQ, AGG
| Period | FDNI total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.4% | −2.4% | −1.0% | −5.0% | +0.9% |
| 3 months | −1.8% | −1.8% | +3.2% | +1.9% | −0.4% |
| 6 months | −9.2% | −9.2% | +7.8% | +8.4% | −1.5% |
| YTD | −24.5% | −24.5% | +12.3% | +15.1% | −1.0% |
| 1 year | −31.3% | −32.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +32.8%+9.9%/yr | +30.0% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | −40.0%−9.7%/yr | −41.5% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionNov 7, 2018 | +35.1%+3.9%/yr | +27.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: FDNI vs SPY
From Nov 7, 2018: FDNI grew to $13,512, SPY to $30,483.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FDNI returns by calendar year
5 of 7 full years positive. Best 2020 (+85.3%), worst 2022 (−38.4%). 2026 is year to date.
FDNI annual returns table
| Year | FDNI | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −24.5% | −31.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +25.6% | −21.8% | +17.7% | +20.8% | +7.2% |
| 2024 | +22.5% | −12.9% | +24.9% | +25.6% | +1.3% |
| 2023 | +1.8% | −26.7% | +26.2% | +54.9% | +5.7% |
| 2022 | −38.4% | −55.1% | −18.2% | −32.6% | −13.0% |
| 2021 | −20.6% | −39.0% | +28.7% | +27.4% | −1.8% |
| 2020 | +85.3% | −28.1% | +18.3% | +48.6% | +7.5% |
| 2019 | +38.4% | −13.1% | +31.2% | +39.0% | +8.5% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
FDNI largest drawdowns
Now 53.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 16, 2021 | −71.1% | Oct 24, 2022 | not yet | 1.7 years | 5.7 years so far |
| Feb 18, 2020 | −28.1% | Mar 18, 2020 | May 8, 2020 | 29 days | 3 months |
| May 3, 2019 | −13.1% | May 29, 2019 | Dec 6, 2019 | 26 days | 7 months |
| Dec 3, 2018 | −12.9% | Dec 21, 2018 | Jan 30, 2019 | 18 days | 58 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FDNI risk statistics
| Statistic | 3 years | 5 years | Since 2018 |
|---|---|---|---|
| Annualized return | +8.4% | −8.0% | +4.3% |
| Volatility (annualized) | 22.9% | 29.2% | 27.7% |
| Sharpe ratio | 0.27 | -0.27 | 0.19 |
| Sortino ratio | 0.45 | -0.39 | 0.30 |
| Best month | +17.9% | +28.8% | +28.8% |
| Worst month | −10.9% | −15.8% | −15.8% |
| Best 12 months | +47.9% | +47.9% | +106.4% |
| Worst 12 months | −32.6% | −60.0% | −60.0% |
| Positive months | 53% | 45% | 53% |
| Beta vs S&P 500 | 0.96 | 0.89 | — |
| Correlation with S&P 500 | 0.52 | 0.48 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
FDNI rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 84 | −60.0% | +7.3% | +106.4% | 60% |
| 3-year (a year) | 60 | −23.9% | +2.4% | +30.9% | 55% |
| 5-year (a year) | 36 | −11.2% | +1.0% | +6.8% | 56% |
Every holding period starting at a month-end since 2018. Returns for 3 years and longer are annualized.
FDNI performance overview
First Trust Dow Jones International Internet ETF (FDNI) returned −31.3% over the past year and −9.7% a year over five years, with distributions reinvested. Since its first recorded price in 2018 it has returned +3.9% a year, turning $10,000 into about $13,512. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −71.1%, from Feb 16, 2021 to Oct 24, 2022; the fund has not yet regained that high. FDNI finished 5 of its 7 full calendar years with a gain; the best year was 2020 (+85.3%) and the worst 2022 (−38.4%). Volatility has been 27.7% a year.
Related: FDNI chart, FDNI holdings, FDNI dividends. See the FDNI overview for the latest quote and fund facts.
FDNI performance FAQ
What is the FDNI return over the past year?
FDNI returned −31.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 32.1%.
What is the average annual return of FDNI?
FDNI has returned −9.7% a year over 5 years, +3.9% a year since November 7, 2018 (total return, distributions reinvested).
How much would $10,000 invested in FDNI be worth?
$10,000 invested in FDNI at its first recorded close on November 7, 2018 would be worth about $13,512 on October 23, 2026 with distributions reinvested.
What was the worst year for FDNI?
The worst calendar year was 2022, with a total return of −38.4%. The best was 2020 at +85.3%.
What is the biggest drawdown of FDNI?
The largest peak-to-trough decline was −71.1% between February 16, 2021 and October 24, 2022. It has not yet recovered to that high; it is 53.3% below its peak.
How volatile is FDNI?
Over the past 3 years FDNI had an annualized volatility of 22.9% and a Sharpe ratio of 0.27 (excess return over 1–3 month T-bills per unit of risk).