FDN: First Trust Dow Jones Internet Index Fund returns, drawdowns and risk
Funds on technology, software, internet and semiconductor companies.
Data updated October 2026
FDN · US exchange · USDCategory: Technology and semiconductor ETFsData from October 2006
From October 2006 to October 2026 FDN returned 13.8% a year on average with dividends reinvested, in US dollars: $10,000 invested at the start grew to $132,922.
Its deepest fall was 61.5%, from October 2007 to November 2008, and it took about 30 months to get back to the previous high. Annual volatility was 25.7%; at the last close it was 4.5% below its high.
Against SPY (SPDR S&P 500 ETF Trust), over the 240 months both have data, the correlation of monthly returns was 0.83: they usually moved together. Beta was 1.16. In months when SPY rose, FDN moved 121% as much on average; in months when SPY fell, 114% as much.
Key figures
- Annual return (CAGR)
- +13.8%
- 1-year return
- +1.8%
- 5 years, a year
- +3.0%
- 10 years, a year
- +13.5%
- Annual volatility
- 25.7%
- Maximum drawdown
- −61.5%
- Sharpe ratio
- 0.57
- Worst year
- 2022: −45.5%
Trailing returns
| Period | FDN | SPY |
|---|---|---|
| 1 year | +1.8% | +16.6% |
| 3 years, a year | +22.8% | +23.1% |
| 5 years, a year | +3.0% | +12.7% |
| 10 years, a year | +13.5% | +15.4% |
To the last close of October 2026. Periods longer than a year are annualised.
Growth of $10,000: FDN vs SPY
Month-end values from November 2006, the first month both funds have data.
FDN drawdowns
Percentage below the previous high, weekly.
Returns by calendar year
| Year | FDN | SPY |
|---|---|---|
| 2026(partial) | +6.9% | +13.3% |
| 2025 | +10.7% | +17.7% |
| 2024 | +30.3% | +24.9% |
| 2023 | +51.5% | +26.2% |
| 2022 | −45.5% | −18.2% |
| 2021 | +6.6% | +28.7% |
| 2020 | +52.5% | +18.3% |
| 2019 | +19.3% | +31.2% |
| 2018 | +6.2% | −4.6% |
| 2017 | +37.6% | +21.7% |
| 2016 | +7.0% | +12.0% |
| 2015 | +21.7% | +1.2% |
| 2014 | +2.4% | +13.5% |
| 2013 | +53.6% | +32.3% |
| 2012 | +20.6% | +16.0% |
| 2011 | −5.8% | +1.9% |
| 2010 | +36.7% | +15.1% |
| 2009 | +79.1% | +26.4% |
| 2008 | −44.0% | −36.8% |
| 2007 | +11.3% | +5.1% |
| 2006(partial) | +3.9% | — |
FDN compared
How the figures are calculated
Total return in the fund’s trading currency, from end-of-day prices with dividends reinvested on the ex-date. The fund’s own ongoing charges are already reflected in its price; trading costs, taxes and currency conversion are not included. Past returns do not predict future returns.
Sharpe ratio uses the return of short-term government bills in the same currency as the risk-free rate. The growth chart uses month-end values; drawdowns and volatility use daily closes.
Questions
What is the average annual return of FDN?
From October 2006 to October 2026 FDN returned 13.8% a year on average (CAGR) with dividends reinvested, in USD. Over the last 5 years: +3.0% a year. Over the last 12 months: +1.8%.
What was the worst drawdown of FDN?
61.5%, from October 2007 to November 2008; it took about 30 months from the previous high to get back to it.
How volatile is FDN?
Annual volatility was 25.7% over the period. Its worst month was −22.0% and 61% of months were positive. Worst calendar year: 2022 (−45.5%).
How closely does FDN follow SPY?
Over 240 months the correlation of monthly returns was 0.83, so they usually moved together, with a beta of 1.16.
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Other Technology and semiconductor ETFs
- All Technology and semiconductor ETFsReturns and risk side by side
- SMH — VanEck Semiconductor ETFCAGR +21.4%
- SOXX — iShares Semiconductor ETFCAGR +17.9%
- IGV — iShares Expanded Tech-Software Sector ETFCAGR +13.2%
- QDVE — iShares S&P 500 Information Technology Sector UCITS ETFCAGR +23.5%
- VVSM — VanEck Semiconductor UCITS ETFCAGR +33.7%
Source: MarketStack end-of-day prices, total return with dividends reinvested. Figures are historical and descriptive; they are not forecasts and not investment advice. MEDGE Capital does not recommend buying or selling any instrument. Risk disclaimer.