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FDN

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1d
1w
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Analysis and statistics

  • Open
    5096.8212$
  • Previous Close
    5096.8212$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

FDN.MX refers to the First Trust Dow Jones Internet Index Fund listed on the Mexican Stock Exchange (Bolsa Mexicana de Valores). This ETF seeks to track the investment results of the Dow Jones Internet Composite Index, which is composed of the largest and most actively traded companies in the U.S. Internet industry. It provides exposure to companies focused on internet-related activities, such as e-commerce, online advertising, and social media.
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Factors

Issuer Reputation: The issuer's credibility influences investor confidence and trading activity.

Underlying Index Performance: FDN.MX tracks the NASDAQ US Fintech Achievers Index; its fluctuations directly affect the ETF's price.

Supply and Demand: High demand increases the price, while increased selling pressure lowers it.

Market Sentiment: Overall optimism or pessimism in the financial markets impacts investor appetite for tech and fintech stocks.

Expense Ratio: Higher fees can negatively impact returns and make the ETF less attractive.

Foreign Exchange Rates: As FDN.MX trades in Mexican Pesos and holds US-based assets, currency exchange rate fluctuations matter.

Economic Conditions: Economic growth, inflation, and interest rates can influence the performance of fintech companies.

Regulatory Changes: New regulations affecting the fintech industry can significantly impact the value of the underlying holdings.

Competition: The availability and performance of similar ETFs can affect investor choices and price dynamics.

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