FDN vs. SGRT

Last updated Jun 4, 2026

FDN (First Trust Dow Jones Internet Index) and SGRT (SMART Earnings Growth 30 ETF) are both Large Cap Growth Equities funds. FDN is passively managed, while SGRT is actively managed. At a 0.43 correlation, their price movements are largely independent. FDN charges 0.52%/yr vs 0.59%/yr for SGRT.

Performance

FDN vs. SGRT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Dow Jones Internet Index (FDN) and SMART Earnings Growth 30 ETF (SGRT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FDN achieves a 4.18% return, which is significantly lower than SGRT's 51.46% return.

FDN

• 1D: -1.90%
• 1M: 4.74%
• YTD: 4.18%
• 6M: 3.26%
• 1Y: 10.29%
• 3Y*: 20.67%
• 5Y*: 4.24%
• 10Y*: 14.37%

SGRT

• 1D: 0.03%
• 1M: 14.68%
• YTD: 51.46%
• 6M: 56.17%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FDN vs. SGRT - Yearly Performance Comparison

	2026 (YTD)	2025
FDN First Trust Dow Jones Internet Index	4.18%	0.25%
SGRT SMART Earnings Growth 30 ETF	51.46%	25.25%

Correlation

The correlation between FDN and SGRT is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 21, 2025	0.43

Return for Risk

FDN vs. SGRT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FDN

FDN Risk / Return Rank: 16
FDN Sharpe Ratio Rank: 17
FDN Sortino Ratio Rank: 16
FDN Omega Ratio Rank: 17
FDN Calmar Ratio Rank: 15
FDN Martin Ratio Rank: 14

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FDN vs. SGRT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Dow Jones Internet Index (FDN) and SMART Earnings Growth 30 ETF (SGRT). 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.

	FDN	SGRT	Difference
Sharpe ratio: Return per unit of total volatility	0.54	—	—
Sortino ratio: Return per unit of downside risk	0.84	—	—
Omega ratio: Gain probability vs. loss probability	1.10	—	—
Calmar ratio: Return relative to maximum drawdown	0.49	—	—
Martin ratio: Return relative to average drawdown	1.24	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FDN	SGRT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.54	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.16	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.56	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	3.81	-3.26

Drawdowns

FDN vs. SGRT - Drawdown Comparison

The maximum FDN drawdown since its inception was -61.55%, which is greater than SGRT's maximum drawdown of -17.87%. Use the drawdown chart below to compare losses from any high point for FDN and SGRT.

Drawdown Indicators

	FDN	SGRT	Difference
Max Drawdown Largest peak-to-trough decline	-61.55%	-17.87%	-43.68%
Max Drawdown (1Y) Largest decline over 1 year	-21.31%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-24.98%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-53.97%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-53.97%	—	—
Current Drawdown Current decline from peak	-3.22%	0.00%	-3.22%
Average Drawdown Average peak-to-trough decline	-11.82%	-3.11%	-8.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.35%	—	—

Volatility

Volatility by Period

	FDN	SGRT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.14%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.44%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	19.04%	33.41%	-14.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.25%	33.41%	-6.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.60%	33.41%	-7.81%

FDN vs. SGRT - Expense Ratio Comparison

FDN has a 0.52% expense ratio, which is lower than SGRT's 0.59% expense ratio.

Dividends

FDN vs. SGRT - Dividend Comparison

FDN has not paid dividends to shareholders, while SGRT's dividend yield for the trailing twelve months is around 0.11%.

Position	TTM	2025
FDN First Trust Dow Jones Internet Index	0.00%	0.00%
SGRT SMART Earnings Growth 30 ETF	0.11%	0.16%

Frequently Asked Questions

Can I hold both FDN and SGRT in my portfolio?

FDN and SGRT have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FDN or SGRT?

On fees, FDN is cheaper at 0.52% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FDN or SGRT?

FDN is cheaper with a 0.52% expense ratio, compared with 0.59% for SGRT.

Which ETF pays a higher dividend yield, FDN or SGRT?

SGRT has the higher dividend yield at 0.11%, compared with 0.00% for FDN.

What is the main difference between FDN and SGRT?

Their fees differ too: 0.52% for FDN and 0.59% for SGRT.