FT Vest Dow Jones Internet & Target Income ETF (FDND) Valuation
FDND valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 29.1 trailing earnings
- Forward P/E
- 22.8 analyst estimates
- Price / sales
- 5.94
- Price / book
- 7.92
- EV / EBITDA
- 17.1
- Earnings yield
- 3.44% inverse of P/E
- Dividend yield
- 0.37% of the holdings
- Return on equity
- 27.2% combined
- Net margin
- 20.4% combined
- Beta
- 1.34 weighted, vs S&P 500
FDND valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| FDND | 29.1 | 22.8 | 5.94 | 7.92 | 0.37% | 27.2% | 20.4% | 10.8% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
FDND valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 43.6% | 42.8 | 25.6 | 7.62 | 9.54 | 0.54% | 22.3% |
| Communication Services | 27.7% | 23.1 | 22.3 | 7.83 | 7.86 | 0.20% | 34.1% |
| Consumer Cyclical | 23.2% | 24.5 | 20.9 | 3.90 | 7.58 | 0.27% | 31.0% |
| Financial Services | 2.2% | 13.7 | 11.9 | 1.82 | 2.75 | 0.72% | 20.1% |
| Healthcare | 1.6% | 50.9 | 30.2 | 14.53 | 5.90 | 0.00% | 11.6% |
| Industrials | 0.8% | 18.0 | 17.2 | 5.53 | 2.93 | 0.00% | 16.3% |
FDND earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How FDND weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
FDND largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| AMZN | Amazon.com, Inc. | 10.17% | 20.1 | 23.6 | 3.5 | — | 14.85% |
| META | Meta Platforms, Inc. | 10.09% | 26.7 | 22.1 | 7.9 | 0.30% | 11.09% |
| CSCO | Cisco Systems, Inc. | 8.40% | 32.2 | 19.8 | 6.7 | 1.56% | 7.65% |
| GOOGL | Alphabet Inc. | 5.72% | 17.1 | 22.8 | 9.3 | 0.26% | 9.83% |
| NFLX | Netflix, Inc. | 5.47% | 22.2 | 18.7 | 6.1 | — | 7.24% |
| CRM | Salesforce, Inc. | 4.76% | 22.0 | 14.0 | 4.5 | 0.73% | 6.34% |
| BKNG | Booking Holdings Inc. | 4.38% | 18.1 | 13.3 | 4.3 | 1.03% | 7.10% |
| GOOG | Alphabet Inc. | 4.29% | 16.9 | 21.8 | 9.2 | 0.26% | 7.45% |
| ANET | Arista Networks, Inc. | 4.17% | 55.8 | 39.2 | 21.2 | — | 2.19% |
| ORCL | Oracle Corporation | 3.68% | 20.1 | 17.8 | 5.4 | 1.56% | 5.38% |
| SNOW | Snowflake Inc. | 3.60% | — | 169.5 | 19.9 | — | −1.10% |
| NET | Cloudflare, Inc. | 3.49% | — | 178.6 | 42.0 | — | −0.18% |
| DDOG | Datadog, Inc. | 2.98% | 494.2 | 84.7 | 22.4 | — | 0.18% |
| DASH | DoorDash, Inc. | 2.54% | 99.6 | 38.0 | 5.2 | — | 0.75% |
| ABNB | Airbnb, Inc. | 2.48% | 39.6 | 25.4 | 7.9 | — | 1.84% |
| EBAY | eBay Inc. | 1.76% | 25.3 | 16.6 | 4.5 | 1.03% | 2.04% |
| PYPL | PayPal Holdings, Inc. | 1.63% | 10.7 | 9.1 | 1.4 | 0.99% | 4.48% |
| VEEV | Veeva Systems Inc. | 1.59% | 50.9 | 30.2 | 14.5 | — | 0.92% |
| CIEN | Ciena Corporation | 1.53% | 74.4 | 39.8 | 7.8 | — | 0.60% |
| CVNA | Carvana Co. | 1.49% | 31.1 | 29.9 | 2.6 | — | 1.41% |
| WDAY | Workday, Inc. | 1.39% | 38.9 | 17.7 | 4.5 | — | 1.05% |
| RBLX | Roblox Corporation | 1.30% | — | 192.3 | 6.2 | — | −1.03% |
| TEAM | Atlassian Corporation | 1.26% | — | 36.2 | 8.0 | — | −0.02% |
| OKTA | Okta, Inc. | 1.21% | 112.8 | 54.3 | 10.7 | — | 0.31% |
| ZM | Zoom Video Communications, Inc. | 0.86% | 8.7 | 15.1 | 5.5 | — | 2.90% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About FDND valuation
Adding up its 40 holdings with company data, FDND trades at 29.1 times trailing earnings and 22.8 times analysts' forward estimates, with a price-to-book ratio of 7.92 and a dividend yield of 0.37%. Its earnings yield of 3.44% is 1.89 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 61.1% of the fund and earn 79.1% of its combined profit. By sector, Healthcare is the most expensive at 50.9 times earnings and Financial Services the cheapest at 13.7. Companies that lost money over the past year are 10.8% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 99.6% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: FDND chart, FDND performance, FDND holdings, FDND dividends.
FDND valuation FAQ
What is the P/E ratio of FDND?
Based on its holdings, FDND has a trailing P/E of 29.1 and a forward P/E of 22.8 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of FDND?
The trailing earnings yield is 3.44% (1 ÷ P/E) and the forward earnings yield 4.38%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is FDND more expensive than the S&P 500?
FDND trades at 29.1 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 22.8 and 19.9.
What is the price-to-book ratio of FDND?
The holdings of FDND trade at 7.92 times book value, with a combined return on equity of 27.2%.
Which sector in FDND has the highest P/E?
Healthcare has the highest P/E at 50.9 and Financial Services the lowest at 13.7.