FDN vs. KWEB
Compare and contrast key facts about First Trust Dow Jones Internet Index (FDN) and KraneShares CSI China Internet ETF (KWEB).
FDN and KWEB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FDN is a passively managed fund by First Trust that tracks the performance of the Dow Jones Internet Index. It was launched on Jun 23, 2006. KWEB is a passively managed fund by CICC that tracks the performance of the CSI Overseas China Internet. It was launched on Jul 31, 2013. Both FDN and KWEB 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: FDN or KWEB.
Key characteristics
| FDN | KWEB | |
|---|---|---|
| YTD Return | 27.47% | 18.93% |
| 1Y Return | 47.73% | 21.56% |
| 3Y Return (Ann) | -1.40% | -12.34% |
| 5Y Return (Ann) | 12.40% | -5.35% |
| 10Y Return (Ann) | 14.39% | -0.35% |
| Sharpe Ratio | 2.68 | 0.57 |
| Sortino Ratio | 3.39 | 1.11 |
| Omega Ratio | 1.46 | 1.13 |
| Calmar Ratio | 1.38 | 0.29 |
| Martin Ratio | 14.05 | 1.77 |
| Ulcer Index | 3.57% | 12.30% |
| Daily Std Dev | 18.72% | 38.49% |
| Max Drawdown | -61.55% | -80.92% |
| Current Drawdown | -5.73% | -66.16% |
Correlation
The correlation between FDN and KWEB is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FDN vs. KWEB - Performance Comparison
In the year-to-date period, FDN achieves a 27.47% return, which is significantly higher than KWEB's 18.93% return. Over the past 10 years, FDN has outperformed KWEB with an annualized return of 14.39%, while KWEB has yielded a comparatively lower -0.35% annualized return. 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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FDN vs. KWEB - Expense Ratio Comparison
FDN has a 0.52% expense ratio, which is lower than KWEB's 0.76% expense ratio.
Risk-Adjusted Performance
FDN vs. KWEB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Dow Jones Internet Index (FDN) and KraneShares CSI China Internet ETF (KWEB). 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
FDN vs. KWEB - Dividend Comparison
FDN has not paid dividends to shareholders, while KWEB's dividend yield for the trailing twelve months is around 1.44%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDN First Trust Dow Jones Internet Index | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
KWEB KraneShares CSI China Internet ETF | 1.44% | 1.71% | 0.00% | 7.07% | 0.29% | 0.08% | 3.40% | 0.58% | 1.19% | 0.46% | 0.89% | 0.31% |
Drawdowns
FDN vs. KWEB - Drawdown Comparison
The maximum FDN drawdown since its inception was -61.55%, smaller than the maximum KWEB drawdown of -80.92%. Use the drawdown chart below to compare losses from any high point for FDN and KWEB. For additional features, visit the drawdowns tool.
Volatility
FDN vs. KWEB - Volatility Comparison
The current volatility for First Trust Dow Jones Internet Index (FDN) is 4.92%, while KraneShares CSI China Internet ETF (KWEB) has a volatility of 14.08%. This indicates that FDN experiences smaller price fluctuations and is considered to be less risky than KWEB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.