FDNI vs. KTEC
Compare and contrast key facts about First Trust Dow Jones International Internet ETF (FDNI) and KraneShares Hang Seng TECH Index ETF (KTEC).
FDNI and KTEC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. KTEC is a passively managed fund by KraneShares that tracks the performance of the Hang Seng Tech Index. It was launched on Jun 8, 2021. Both FDNI and KTEC 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: FDNI or KTEC.
Correlation
The correlation between FDNI and KTEC is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FDNI vs. KTEC - Performance Comparison
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Key characteristics
FDNI:
0.96
KTEC:
0.53
FDNI:
1.65
KTEC:
1.11
FDNI:
1.21
KTEC:
1.14
FDNI:
0.56
KTEC:
0.43
FDNI:
4.27
KTEC:
1.70
FDNI:
7.87%
KTEC:
15.12%
FDNI:
31.51%
KTEC:
43.30%
FDNI:
-71.08%
KTEC:
-66.90%
FDNI:
-40.78%
KTEC:
-37.67%
Returns By Period
The year-to-date returns for both stocks are quite close, with FDNI having a 20.30% return and KTEC slightly lower at 19.52%.
FDNI
20.30%
15.84%
16.81%
30.10%
3.52%
N/A
KTEC
19.52%
10.74%
20.38%
22.73%
N/A
N/A
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FDNI vs. KTEC - Expense Ratio Comparison
FDNI has a 0.65% expense ratio, which is lower than KTEC's 0.69% expense ratio.
Risk-Adjusted Performance
FDNI vs. KTEC — Risk-Adjusted Performance Rank
FDNI
KTEC
FDNI vs. KTEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Dow Jones International Internet ETF (FDNI) and KraneShares Hang Seng TECH Index ETF (KTEC). 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.
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Dividends
FDNI vs. KTEC - Dividend Comparison
FDNI's dividend yield for the trailing twelve months is around 0.89%, more than KTEC's 0.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
FDNI First Trust Dow Jones International Internet ETF | 0.89% | 1.07% | 0.40% | 0.00% | 0.00% | 0.16% | 3.12% |
KTEC KraneShares Hang Seng TECH Index ETF | 0.23% | 0.27% | 0.81% | 0.16% | 0.00% | 0.00% | 0.00% |
Drawdowns
FDNI vs. KTEC - Drawdown Comparison
The maximum FDNI drawdown since its inception was -71.08%, which is greater than KTEC's maximum drawdown of -66.90%. Use the drawdown chart below to compare losses from any high point for FDNI and KTEC. For additional features, visit the drawdowns tool.
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Volatility
FDNI vs. KTEC - Volatility Comparison
The current volatility for First Trust Dow Jones International Internet ETF (FDNI) is 6.27%, while KraneShares Hang Seng TECH Index ETF (KTEC) has a volatility of 9.41%. This indicates that FDNI experiences smaller price fluctuations and is considered to be less risky than KTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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