Should You Invest in the First Trust Dow Jones Internet ETF (FDN)?

The First Trust Dow Jones Internet ETF (FDN) offers diversified exposure to internet-related companies with $5.25 billion in assets and a 0.49% expense ratio. The fund has gained 7.04% over the past year but carries high risk with a beta of 1.22 and 21.44% standard deviation. Top holdings include Amazon, Meta, and Cisco, with the top 10 holdings representing 60.7% of assets.