EWEB vs. FDNI
Compare and contrast key facts about Global X Emerging Markets Internet & E-commerce ETF (EWEB) and First Trust Dow Jones International Internet ETF (FDNI).
EWEB and FDNI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EWEB is a passively managed fund by Global X that tracks the performance of the NASDAQ Emerging Markets Internet & E-commerce Index. It was launched on Nov 9, 2020. FDNI is a passively managed fund by First Trust that tracks the performance of the Dow Jones International Internet Index. It was launched on Nov 5, 2018. Both EWEB and FDNI are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EWEB or FDNI.
Key characteristics
| EWEB | FDNI |
|---|
Correlation
The correlation between EWEB and FDNI is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
EWEB vs. FDNI - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EWEB vs. FDNI - Expense Ratio Comparison
Both EWEB and FDNI have an expense ratio of 0.65%.
Risk-Adjusted Performance
EWEB vs. FDNI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Emerging Markets Internet & E-commerce ETF (EWEB) and First Trust Dow Jones International Internet ETF (FDNI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
EWEB vs. FDNI - Dividend Comparison
EWEB has not paid dividends to shareholders, while FDNI's dividend yield for the trailing twelve months is around 0.24%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
EWEB Global X Emerging Markets Internet & E-commerce ETF | 0.00% | 0.30% | 0.39% | 0.00% | 0.00% | 0.00% |
FDNI First Trust Dow Jones International Internet ETF | 0.24% | 0.40% | 0.00% | 0.00% | 0.16% | 3.12% |
Drawdowns
EWEB vs. FDNI - Drawdown Comparison
Volatility
EWEB vs. FDNI - Volatility Comparison
The current volatility for Global X Emerging Markets Internet & E-commerce ETF (EWEB) is 0.00%, while First Trust Dow Jones International Internet ETF (FDNI) has a volatility of 8.38%. This indicates that EWEB experiences smaller price fluctuations and is considered to be less risky than FDNI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.