FDN.TO vs. CIAI.TO
FDN.TO (First Trust Dow Jones Internet ETF) and CIAI.TO (CI Global Artificial Intelligence ETF) are both Technology Equities funds. FDN.TO is passively managed, while CIAI.TO is actively managed. Over the past year, FDN.TO returned 2.55% vs 33.36% for CIAI.TO. At a 0.46 correlation, their price movements are largely independent.
Performance
FDN.TO vs. CIAI.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FDN.TO achieves a 1.49% return, which is significantly lower than CIAI.TO's 19.44% return.
FDN.TO
- 1D
- -3.04%
- 1M
- 0.66%
- 6M
- 2.99%
- YTD
- 1.49%
- 1Y
- 2.55%
- 3Y*
- 17.99%
- 5Y*
- 4.31%
- 10Y*
- 3.20%
CIAI.TO
- 1D
- -1.54%
- 1M
- -6.40%
- 6M
- 13.47%
- YTD
- 19.44%
- 1Y
- 33.36%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FDN.TO vs. CIAI.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FDN.TO First Trust Dow Jones Internet ETF | 1.49% | 5.45% | 26.48% |
CIAI.TO CI Global Artificial Intelligence ETF | 19.44% | 18.84% | 29.92% |
Correlation
The correlation between FDN.TO and CIAI.TO is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since May 7, 2024 | 0.46 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FDN.TO vs. CIAI.TO — Risk / Return Rank
FDN.TO
CIAI.TO
FDN.TO vs. CIAI.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Dow Jones Internet ETF (FDN.TO) and CI Global Artificial Intelligence ETF (CIAI.TO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FDN.TO | CIAI.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.11 | ||
| Sortino ratioReturn per unit of downside risk | -1.36 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.22 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.12 | 1.77 | -1.65 |
| Martin ratioReturn relative to average drawdown | 0.27 | 4.87 | -4.60 |
Loading charts...
Drawdowns
FDN.TO vs. CIAI.TO - Drawdown Comparison
The maximum FDN.TO drawdown since its inception was -50.44%, which is greater than CIAI.TO's maximum drawdown of -31.22%. Use the drawdown chart below to compare losses from any high point for FDN.TO and CIAI.TO.
Loading charts...
Drawdown Indicators
| FDN.TO | CIAI.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.44% | -31.22% | -19.22% |
Max Drawdown (1Y)Largest decline over 1 year | -21.40% | -18.93% | -2.47% |
Max Drawdown (3Y)Largest decline over 3 years | -26.31% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -50.44% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -50.44% | — | — |
Current DrawdownCurrent decline from peak | -6.02% | -10.02% | +4.00% |
Average DrawdownAverage peak-to-trough decline | -10.73% | -6.43% | -4.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.45% | 6.87% | +2.58% |
Volatility
FDN.TO vs. CIAI.TO - Volatility Comparison
The current volatility for First Trust Dow Jones Internet ETF (FDN.TO) is 5.37%, while CI Global Artificial Intelligence ETF (CIAI.TO) has a volatility of 10.63%. This indicates that FDN.TO experiences smaller price fluctuations and is considered to be less risky than CIAI.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FDN.TO | CIAI.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.37% | 10.63% | -5.26% |
Volatility (6M)Calculated over the trailing 6-month period | 16.68% | 22.08% | -5.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.01% | 27.21% | -7.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.14% | 29.17% | -3.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.16% | 29.17% | -8.01% |
Dividends
FDN.TO vs. CIAI.TO - Dividend Comparison
Neither FDN.TO nor CIAI.TO has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CIAI.TO CI Global Artificial Intelligence ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FDN.TO First Trust Dow Jones Internet ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.65% | 5.69% | 1.47% | 1.40% | 1.76% | 1.51% | 1.50% |
Frequently Asked Questions
FDN.TO and CIAI.TO have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: First Trust and CI Investments.
Find the right allocation for FDN.TO and CIAI.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer