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ETFs

First Trust Exchange-Traded Fund VI First Trust S-Network E-Commerce ETF

ISHP
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 20 2016
Expense Ratio
0.60%
Type
Global Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$11,485
AUM
$5,130,051
Associated Index
S-Network Global E-Commerce Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

PDD
PDD Holdings Inc - ADR
2.17%
CAR
Carsales.com Limited
2.04%
MELI
MercadoLibre Inc
2.04%
BKNG
Booking Holdings Inc
1.97%
GPN
Global Payments, Inc.
1.94%
WMT
Walmart Inc
1.93%
1024
Kuaishou Technology - Ordinary Shares - Class B
1.93%
1919
Cosco Shipping Holdings Co Ltd - Ordinary Shares - Class H
1.92%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
1.91%
FLT
Fleetcor Technologies Inc
1.90%
Invest with ISHP

What is ISHP?

The First Trust S-Network E-Commerce ETF, formerly the First Trust Nasdaq Retail 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 S-Network Global E-Commerce Index. The Fund will normally invest at least 90% of its net assets (plus any borrowings for investment purposes) in the common stocks and depository receipts that comprise the Index. The First Trust Nasdaq Retail ETF (FTXD) changed its name to the First Trust S-Network Global E-Commerce ETF, its ticker to ISHP, and its index from the Nasdaq US Smart Retail Index to the S-Network Global E-Commerce Index on 1/26/2022.

ETFs related toISHP

ETFs correlated to ISHP include LGRO, GAUG, XAUG

ISHP
First Trust Exchange-Traded Fund VI - First Trust S-Network E-Commerce ETF
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
EMC
Global X Funds - Global X Emerging Markets Great Consumer ETF
VSGX
Vanguard Group, Inc. - Vanguard ESG International Stock ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toISHP

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with ISHP using Composer

FAQ

ISHP is a Global Equities ETF. The First Trust S-Network E-Commerce ETF, formerly the First Trust Nasdaq Retail 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 S-Network Global E-Commerce Index. The Fund will normally invest at least 90% of its net assets (plus any borrowings for investment purposes) in the common stocks and depository receipts that comprise the Index. The First Trust Nasdaq Retail ETF (FTXD) changed its name to the First Trust S-Network Global E-Commerce ETF, its ticker to ISHP, and its index from the Nasdaq US Smart Retail Index to the S-Network Global E-Commerce Index on 1/26/2022.

ISHP tracks the S-Network Global E-Commerce Index.

No, ISHP is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, ISHP is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on ISHP is -0.0085%. This is the percent change in the value of ISHP over the most recent 1-month period. The 3-month return on ISHP is 0.001%. This is the percent change in the value of ISHP over the most recent 3-month period.

The standard deviation of ISHP for the past year is 0.3535%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to ISHP include IXJ, SMH, and URA.

ETFs correlated to ISHP include LGRO, GAUG, and XAUG.

ETFs that are inversely correlated to ISHP include HIBS, EDZ, and WEBS.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.