Symbols

ISHP

First Trust S-Network E-Commerce ETF·NASDAQ

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Key Stats

Assets Under Management

5.58MUSD

Fund Flows (1Y)

223.40KUSD

Dividend Yield

1.40%

Discount/Premium to NAV

-0.04%

Shares Outstanding

150.00K

Expense Ratio

0.60%

About First Trust S-Network E-Commerce ETF

Issuer

First Trust Advisors L.P.

Brand

First Trust

Home Page

https://www.ftportfolios.com/retail/etf/etfsummary.aspx?Ticker=ISHP

Inception Date

Sep 20, 2016

Structure

Open-Ended Fund

Index Tracked

S-Network Global E-Commerce Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

First Trust Advisors LP

Distributor

First Trust Portfolios LP

ISHP invests in the largest stocks, by market capitalization, of the global e-commerce industry. The index includes companies primarily engaged in the following business segments: (1) content navigation, (2) online retail, (3) online marketplace, and (4) e-commerce infrastructure. Content navigation companies derive their revenues from advertisers paying to use the search results, social media feeds, email systems, banner ads, etc. to efficiently target their ads. The index ranks the companies in each segment by market-cap. Then, the top 15 companies from each of the four business segments are selected and equally weighted. The Index is rebalanced and reconstituted quarterly. Prior to Jan. 26, 2022, the fund name was First Trust Nasdaq Retail ETF (Ticker: FTXD). It followed the Nasdaq US Smart Retail Index, which selected US securities by liquidity and weighted them using multiple factors.