FDNI Fees and Costs — First Trust Dow Jones International Internet ETF
Data updated: 2026-08-21
The net expense ratio is 0.65%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $8K in broker commissions, 0.0274% of average net assets, and portfolio turnover was 45%.
FDNI Fees and Expenses
Annual operating expenses and sales charges of FDNI. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.65% |
| Fee waiver | — |
| Net expense ratio | 0.65% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
FDNI Costs Over Time
On $10,000 invested in FDNI, assuming 5% a year before costs, total costs come to $426 over 5 years, cutting the return by 0.71% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.65%) | $68 | $214 | $372 |
| Trading costs (broker commissions) | $3 | $9 | $16 |
| Lost growth on money paid in costs | $0 | $11 | $39 |
| Total costs | $71 | $234 | $426 |
| Value after costs | $10,429 | $11,343 | $12,336 |
| Impact on return, per year | 0.71% | 0.71% | 0.71% |
FDNI Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0274%
- Total broker commissions: $8K
- Bought from dealers (principal trades, not a cost): $7.4M
- Portfolio turnover (prospectus): 45%
- Securities lending: none during the year
FDNI Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $3K | 42.55% |
| BOFA SECURITIES, INC. | $3K | 35.16% |
| MIZUHO SECURITIES USA LLC | $921 | 11.71% |
| GOLDMAN SACHS & CO. LLC | $832 | 10.58% |
FDNI Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $7.4M | 100.00% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.