FDNI - First Trust Dow Jones International Internet ETF
The First Trust Dow Jones International Internet ETF seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Dow Jones International Internet Index. The Fund will normally invest at least 90% of its net assets (including investment borrowings) in securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index.
As of May 15, 2026: spot at $27.14, ATM IV 46.7%, net GEX -$44.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $41.0M
- Beta
- 1.01
- 52-Week Range
- 25.95-39.97
- Dividend Yield
- $0.38
- IPO Date
- Nov 9, 2018
- Exchange
- NASDAQ
What FDNI Looks Like to Options Traders Today
IV rank of 30.7% sits near the 1-year median, where strategy choice depends on directional conviction and the event calendar rather than vol regime alone; negative net gamma exposure (-$44) means dealers hedge with trend, amplifying realized volatility and accelerating directional moves; the 25-delta skew (0.052) prices calls richer than puts, often reflecting upside speculation or squeeze risk.
What This Page Covers
The FDNI overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked FDNI overview questions
- What is FDNI?
- FDNI is the ticker symbol for First Trust Dow Jones International Internet ETF, an listed exchange-traded fund. The First Trust Dow Jones International Internet ETF seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Dow Jones International Internet Index. The Fund will normally invest at least 90% of its net assets (including investment borrowings) in securities that comprise the Index. Listed on NASDAQ. FDNI is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What does the FDNI options snapshot look like today?
- As of May 15, 2026, the FDNI options snapshot shows spot at $27.14, ATM IV 46.7%, IV rank 30.7%, net GEX -$44, expected move 13.39%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are FDNI's key statistics?
- First Trust Dow Jones International Internet ETF (FDNI) carries a market capitalization of $41.0M, 52-week range of 25.95-39.97. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does FDNI belong to?
- First Trust Dow Jones International Internet ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare FDNI's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the FDNI data on this page?
- The options snapshot above is dated May 15, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.