PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

First Trust Dow Jones Internet ETF (FDN.TO) Diversifiers

ETF · Currency in CAD · Last updated Jul 16, 2026

First Trust Dow Jones Internet ETF seeks to track the Dow Jones Internet Composite Index.

Looking to diversify beyond FDN.TO? The ETFs below have the lowest correlation with FDN.TO — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from FDN.TO.

Best Diversifiers for FDN.TO

6 ETFs have low correlation with FDN.TO (below 0.3), 0 of which are negatively correlated. The least correlated is First Trust Global Risk Managed Income Index ETF (ETP.TO) (Global Equity Income) with a 1Y correlation of 0.07, down from 0.22 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
ETP.TO
First Trust Global Risk Managed Income Index ETF0.070.140.22
92
Global Equity IncomeFDN.TO vs ETP.TO
FINT.TO
First Trust International Capital Strength ETF0.100.190.26
55
International EquityFDN.TO vs FINT.TO
XCHP.TO
iShares Semiconductor Index ETF0.22——
93
Semiconductors, Technology EquitiesFDN.TO vs XCHP.TO
BLCK.TO
First Trust Indxx Innovative Transaction and Proce...0.230.280.34
68
BlockchainFDN.TO vs BLCK.TO
CHPS.TO
Global X Artificial Intelligence Semiconductor Ind...0.250.320.34
87
Semiconductors, Technology EquitiesFDN.TO vs CHPS.TO
See all 9 diversifiers for FDN.TO

To view more results, upgrade your current subscription plan.

Diversification Analysis

Build a portfolio that complements FDN.TO

Add FDN.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with FDN.TO