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FDNI vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FDNIQQQ
YTD Return7.46%8.09%
1Y Return4.63%36.42%
3Y Return (Ann)-17.11%11.48%
5Y Return (Ann)2.23%19.86%
Sharpe Ratio0.222.27
Daily Std Dev29.21%16.21%
Max Drawdown-71.08%-82.98%
Current Drawdown-56.80%-0.97%

Correlation

-0.50.00.51.00.6

The correlation between FDNI and QQQ is 0.57, 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

FDNI vs. QQQ - Performance Comparison

In the year-to-date period, FDNI achieves a 7.46% return, which is significantly lower than QQQ's 8.09% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%50.00%100.00%150.00%December2024FebruaryMarchAprilMay
24.92%
161.65%
FDNI
QQQ

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


First Trust Dow Jones International Internet ETF

Invesco QQQ

FDNI vs. QQQ - Expense Ratio Comparison

FDNI has a 0.65% expense ratio, which is higher than QQQ's 0.20% expense ratio.


FDNI
First Trust Dow Jones International Internet ETF
Expense ratio chart for FDNI: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%
Expense ratio chart for QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

FDNI vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Dow Jones International Internet ETF (FDNI) and Invesco QQQ (QQQ). 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.


FDNI
Sharpe ratio
The chart of Sharpe ratio for FDNI, currently valued at 0.22, compared to the broader market0.002.004.000.22
Sortino ratio
The chart of Sortino ratio for FDNI, currently valued at 0.53, compared to the broader market-2.000.002.004.006.008.0010.000.53
Omega ratio
The chart of Omega ratio for FDNI, currently valued at 1.06, compared to the broader market0.501.001.502.002.501.06
Calmar ratio
The chart of Calmar ratio for FDNI, currently valued at 0.10, compared to the broader market0.002.004.006.008.0010.0012.0014.000.10
Martin ratio
The chart of Martin ratio for FDNI, currently valued at 0.53, compared to the broader market0.0020.0040.0060.0080.000.53
QQQ
Sharpe ratio
The chart of Sharpe ratio for QQQ, currently valued at 2.27, compared to the broader market0.002.004.002.27
Sortino ratio
The chart of Sortino ratio for QQQ, currently valued at 3.11, compared to the broader market-2.000.002.004.006.008.0010.003.11
Omega ratio
The chart of Omega ratio for QQQ, currently valued at 1.38, compared to the broader market0.501.001.502.002.501.38
Calmar ratio
The chart of Calmar ratio for QQQ, currently valued at 1.97, compared to the broader market0.002.004.006.008.0010.0012.0014.001.97
Martin ratio
The chart of Martin ratio for QQQ, currently valued at 11.09, compared to the broader market0.0020.0040.0060.0080.0011.09

FDNI vs. QQQ - Sharpe Ratio Comparison

The current FDNI Sharpe Ratio is 0.22, which is lower than the QQQ Sharpe Ratio of 2.27. The chart below compares the 12-month rolling Sharpe Ratio of FDNI and QQQ.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00December2024FebruaryMarchAprilMay
0.22
2.27
FDNI
QQQ

Dividends

FDNI vs. QQQ - Dividend Comparison

FDNI has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.60%.


TTM20232022202120202019201820172016201520142013
FDNI
First Trust Dow Jones International Internet ETF
0.00%0.40%0.00%0.00%0.16%3.12%0.00%0.00%0.00%0.00%0.00%0.00%
QQQ
Invesco QQQ
0.60%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.01%

Drawdowns

FDNI vs. QQQ - Drawdown Comparison

The maximum FDNI drawdown since its inception was -71.08%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FDNI and QQQ. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%December2024FebruaryMarchAprilMay
-56.80%
-0.97%
FDNI
QQQ

Volatility

FDNI vs. QQQ - Volatility Comparison

First Trust Dow Jones International Internet ETF (FDNI) has a higher volatility of 9.51% compared to Invesco QQQ (QQQ) at 5.48%. This indicates that FDNI's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%December2024FebruaryMarchAprilMay
9.51%
5.48%
FDNI
QQQ