PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
FDNI vs. QUS
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FDNI vs. QUS

Last updated Jun 24, 2026

FDNI (First Trust Dow Jones International Internet ETF) and QUS (SPDR MSCI USA StrategicFactors ETF) are both Large Cap Growth Equities funds - FDNI tracks the Dow Jones International Internet Index while QUS tracks the MSCI USA Factor Mix A-Series Capped (USD). Both are passively managed. Over the past 5 years, FDNI returned -11.29%/yr vs 10.77%/yr for QUS. At a 0.48 correlation, their price movements are largely independent. FDNI charges 0.65%/yr vs 0.15%/yr for QUS.

Performance

FDNI vs. QUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Dow Jones International Internet ETF (FDNI) and SPDR MSCI USA StrategicFactors ETF (QUS). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, FDNI achieves a -25.93% return, which is significantly lower than QUS's 5.81% return.

FDNI

1D
-2.49%
1M
-7.71%
YTD
-25.93%
6M
-26.55%
1Y
-23.20%
3Y*
4.77%
5Y*
-11.29%
10Y*
—

QUS

1D
-0.23%
1M
-1.12%
YTD
5.81%
6M
5.18%
1Y
16.61%
3Y*
16.79%
5Y*
10.77%
10Y*
13.70%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FDNI vs. QUS - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
FDNI
First Trust Dow Jones International Internet ETF		-25.93%25.64%22.46%1.78%-38.38%-20.59%85.27%38.38%-8.39%
QUS
SPDR MSCI USA StrategicFactors ETF		5.81%14.13%18.99%21.78%-14.15%26.72%12.40%32.45%-7.91%

Correlation

The correlation between FDNI and QUS is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.51

Correlation (3Y)
Calculated over the trailing 3-year period

0.50

Correlation (5Y)
Calculated over the trailing 5-year period

0.48

Correlation (All Time)
Calculated using the full available price history since Nov 7, 2018

0.48

The correlation between FDNI and QUS has been stable across timeframes, ranging from 0.48 to 0.51 - a consistent structural relationship.

FDNI vs. QUS - Sectors Allocation Comparison

Sectors
FDNI
QUS

Consumer Cyclical

42.4%
5.5%

Communication Services

35.6%
9.9%

Technology

17.0%
29.2%

Financial Services

4.5%
14.0%

Real Estate

0.7%
1.3%

Healthcare

0.6%
13.4%

Basic Materials

-

2.2%

Consumer Defensive

-

8.7%

Energy

-

4.2%

Industrials

-

8.2%

Utilities

-

3.4%

Consumer Cyclical

FDNI
42.4%
QUS
5.5%

Communication Services

FDNI
35.6%
QUS
9.9%

Technology

FDNI
17.0%
QUS
29.2%

Financial Services

FDNI
4.5%
QUS
14.0%

Real Estate

FDNI
0.7%
QUS
1.3%

Healthcare

FDNI
0.6%
QUS
13.4%

Basic Materials

FDNI

-

QUS
2.2%

Consumer Defensive

FDNI

-

QUS
8.7%

Energy

FDNI

-

QUS
4.2%

Industrials

FDNI

-

QUS
8.2%

Utilities

FDNI

-

QUS
3.4%

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

SPDR MSCI USA StrategicFactors ETF

Often compared with FDNI:
FDNI vs. FDNFDNI vs. EMQQFDNI vs. VGTFDNI vs. QQQFDNI vs. SPYFDNI vs. KTECFDNI vs. VUG
Often compared with QUS:
QUS vs. QUALQUS vs. IVVQUS vs. JQUAQUS vs. SPYQUS vs. VOOQUS vs. DGTQUS vs. BERZ

Return for Risk

FDNI vs. QUS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FDNI
FDNI Risk / Return Rank: 22
Overall Rank
FDNI Sharpe Ratio Rank: 11
Sharpe Ratio Rank
FDNI Sortino Ratio Rank: 22
Sortino Ratio Rank
FDNI Omega Ratio Rank: 22
Omega Ratio Rank
FDNI Calmar Ratio Rank: 44
Calmar Ratio Rank
FDNI Martin Ratio Rank: 33
Martin Ratio Rank
QUS
QUS Risk / Return Rank: 5757
Overall Rank
QUS Sharpe Ratio Rank: 5757
Sharpe Ratio Rank
QUS Sortino Ratio Rank: 5757
Sortino Ratio Rank
QUS Omega Ratio Rank: 5555
Omega Ratio Rank
QUS Calmar Ratio Rank: 5252
Calmar Ratio Rank
QUS Martin Ratio Rank: 6363
Martin Ratio Rank
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.

FDNI vs. QUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Dow Jones International Internet ETF (FDNI) and SPDR MSCI USA StrategicFactors ETF (QUS). 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.

FDNIQUSDifference
Sharpe ratioReturn per unit of total volatility
-0.96
1.81

-2.77

Sortino ratioReturn per unit of downside risk
-1.30
2.58

-3.88

Omega ratioGain probability vs. loss probability

0.85

1.32

-0.47

Calmar ratioReturn relative to maximum drawdown

-0.64

2.43

-3.08

Martin ratioReturn relative to average drawdown

-1.24

10.76

-12.00

FDNI vs. QUS - Sharpe Ratio Comparison

The current FDNI Sharpe Ratio is -0.96, which is lower than the QUS Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of FDNI and QUS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

FDNI vs. QUS - Drawdown Comparison

The maximum FDNI drawdown since its inception was -71.08%, which is greater than QUS's maximum drawdown of -33.78%. Use the drawdown chart below to compare losses from any high point for FDNI and QUS.

Loading charts...

Drawdown Indicators

FDNIQUSDifference

Max Drawdown

Largest peak-to-trough decline

-71.08%

-33.78%

-37.30%

Max Drawdown (1Y)

Largest decline over 1 year

-36.22%

-6.85%

-29.37%

Max Drawdown (3Y)

Largest decline over 3 years

-36.22%

-13.94%

-22.28%

Max Drawdown (5Y)

Largest decline over 5 years

-65.86%

-22.30%

-43.56%

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.78%

—

Current Drawdown

Current decline from peak

-54.18%

-1.84%

-52.34%

Average Drawdown

Average peak-to-trough decline

-34.65%

-3.69%

-30.96%

Ulcer Index

Depth and duration of drawdowns from previous peaks

18.78%

1.55%

+17.23%

Volatility

FDNI vs. QUS - Volatility Comparison

First Trust Dow Jones International Internet ETF (FDNI) has a higher volatility of 7.77% compared to SPDR MSCI USA StrategicFactors ETF (QUS) at 2.84%. This indicates that FDNI's price experiences larger fluctuations and is considered to be riskier than QUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

FDNIQUSDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.77%

2.84%

+4.93%

Volatility (6M)

Calculated over the trailing 6-month period

19.38%

6.98%

+12.40%

Volatility (1Y)

Calculated over the trailing 1-year period

24.32%

9.24%

+15.08%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

36.70%

14.34%

+22.36%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

34.51%

16.43%

+18.08%

FDNI vs. QUS - Expense Ratio Comparison

FDNI has a 0.65% expense ratio, which is higher than QUS's 0.15% expense ratio.

Dividends

FDNI vs. QUS - Dividend Comparison

FDNI's dividend yield for the trailing twelve months is around 1.51%, more than QUS's 1.32% yield.

PositionTTM20252024202320222021202020192018201720162015
FDNI
First Trust Dow Jones International Internet ETF		1.51%1.12%1.07%0.40%0.00%0.00%0.16%3.12%0.00%0.00%0.00%0.00%
QUS
SPDR MSCI USA StrategicFactors ETF		1.32%1.38%1.49%1.57%1.68%1.27%1.73%1.81%2.12%1.86%2.07%1.48%

Frequently Asked Questions

FDNI and QUS have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FDNI has higher volatility (7.77%) compared to QUS (2.84%). In terms of maximum drawdown, FDNI dropped -71.08% vs QUS's -33.78%.

On 5-year performance, QUS leads with 10.77% vs -11.29% for FDNI. On fees, QUS is cheaper at 0.15% per year. On volatility, QUS has been the lower-risk option at 2.84%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, QUS has performed better with a 10.77% return vs -11.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

QUS is cheaper with a 0.15% expense ratio, compared with 0.65% for FDNI.

FDNI has the higher dividend yield at 1.51%, compared with 1.32% for QUS.

FDNI tracks Dow Jones International Internet Index, while QUS tracks MSCI USA Factor Mix A-Series Capped (USD). They also come from different issuers: First Trust and State Street. Their fees differ too: 0.65% for FDNI and 0.15% for QUS.

QUS currently has the higher Sharpe Ratio (1.81 vs -0.96), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for FDNI and QUS

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