FDNI vs. GARY
FDNI (First Trust Dow Jones International Internet ETF) and GARY (Mango Growth ETF) are both Large Cap Growth Equities funds. FDNI is passively managed, while GARY is actively managed. A 0.59 correlation means they provide meaningful diversification when combined. FDNI charges 0.65%/yr vs 0.77%/yr for GARY.
Performance
FDNI vs. GARY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FDNI achieves a -20.96% return, which is significantly lower than GARY's 30.03% return.
FDNI
- 1D
- -0.75%
- 1M
- 0.36%
- 6M
- -25.45%
- YTD
- -20.96%
- 1Y
- -17.07%
- 3Y*
- 4.13%
- 5Y*
- -9.52%
- 10Y*
- —
GARY
- 1D
- -1.55%
- 1M
- -0.00%
- 6M
- 22.99%
- YTD
- 30.03%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FDNI vs. GARY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FDNI First Trust Dow Jones International Internet ETF | -20.96% | -0.45% |
GARY Mango Growth ETF | 30.03% | 0.15% |
Correlation
The correlation between FDNI and GARY is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 22, 2025 | 0.59 |
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
FDNI vs. GARY — Risk / Return Rank
FDNI
GARY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FDNI vs. GARY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Dow Jones International Internet ETF (FDNI) and Mango Growth ETF (GARY). 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.
| FDNI | GARY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.90 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.46 | — | — |
| Martin ratioReturn relative to average drawdown | -0.84 | — | — |
Loading charts...
Drawdowns
FDNI vs. GARY - Drawdown Comparison
The maximum FDNI drawdown since its inception was -71.08%, which is greater than GARY's maximum drawdown of -10.28%. Use the drawdown chart below to compare losses from any high point for FDNI and GARY.
Loading charts...
Drawdown Indicators
| FDNI | GARY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.08% | -10.28% | -60.80% |
Max Drawdown (1Y)Largest decline over 1 year | -37.42% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -37.42% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -64.26% | — | — |
Current DrawdownCurrent decline from peak | -51.11% | -5.23% | -45.88% |
Average DrawdownAverage peak-to-trough decline | -34.77% | -1.87% | -32.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.31% | — | — |
Volatility
FDNI vs. GARY - Volatility Comparison
Loading charts...
Volatility by Period
| FDNI | GARY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.55% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 19.54% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 24.62% | 21.84% | +2.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.70% | 21.84% | +14.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.44% | 21.84% | +12.60% |
FDNI vs. GARY - Expense Ratio Comparison
FDNI has a 0.65% expense ratio, which is lower than GARY's 0.77% expense ratio.
Dividends
FDNI vs. GARY - Dividend Comparison
FDNI's dividend yield for the trailing twelve months is around 1.41%, more than GARY's 0.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
FDNI First Trust Dow Jones International Internet ETF | 1.41% | 1.12% | 1.07% | 0.40% | 0.00% | 0.00% | 0.16% | 3.12% |
GARY Mango Growth ETF | 0.04% | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FDNI and GARY have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FDNI is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FDNI is cheaper with a 0.65% expense ratio, compared with 0.77% for GARY.
FDNI has the higher dividend yield at 1.41%, compared with 0.04% for GARY.
They also come from different issuers: First Trust and Mango. Their fees differ too: 0.65% for FDNI and 0.77% for GARY.
Find the right allocation for FDNI and GARY
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