{
 "ticker": "ISHP",
 "name": "First Trust S-Network E-Commerce ETF",
 "issuer": "First Trust",
 "desk": "themes",
 "url": "https://etfiq.com/funds/ishp",
 "html": "https://etfiq.com/funds/ishp",
 "markdown": "https://etfiq.com/funds/ishp.md",
 "as_of": "2026-09-11",
 "verdict": "ISHP holds 64 stocks, and 60% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "40.1%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "ISHP, already in the S&P 500: 40.1%, as of Sep 11, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "92.7%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "ISHP, active share vs the S&P 500: 92.7%, as of Sep 11, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "20.0%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "ISHP, top ten holdings: 20.0%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "\u221216.8%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "ISHP, total return, 1 year: \u221216.8%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$5m",
   "source": "issuer page, as of Sep 11, 2026",
   "as_of": "2026-09-11",
   "sentence": "ISHP, net assets: $5m (issuer page, as of Sep 11, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.60%",
   "source": "485BPOS XBRL, Jul 29, 2026",
   "as_of": "2026-09-11",
   "sentence": "ISHP, expense ratio: 0.60% (485BPOS XBRL, Jul 29, 2026)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Internet and e-commerce",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Oct 11, 2016",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "40.1%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "92.7%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "20.3%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "90.9%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "20.0%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "64",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Sep 10, 2026",
   "source": "the issuer\u2019s daily file"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "A.P. Moeller - Maersk A/S (Class B) 2.4%, LY Corp. 2.0%, NAVER Corporation 2.0%, Cosco Shipping Holdings Company, Ltd. (Class H) 2.0%, Global Payments Inc. 2.0%, PayPal Holdings, Inc. 1.9%, Snap Inc. (Class A) 1.9%, Allegro.eu SA 1.9%, Corpay, Inc. 1.9%, Airbnb, Inc. (Class A) 1.9%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$5m",
   "source": "issuer page, as of Sep 11, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u221217.9%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.60%",
   "source": "485BPOS XBRL, Jul 29, 2026"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.65%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "IBUY 29%, FDNI 25%, BUYZ 25%, PNQI 24%, OGIG 20%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "+3.7%",
   "S&P 500": "+3.3%",
   "Gap to S&P 500": "+0.4 pts",
   "Gap to Nasdaq-100": "+4.5 pts"
  },
  {
   "window": "6 months",
   "Total return": "+2.9%",
   "S&P 500": "+16.0%",
   "Gap to S&P 500": "\u221213.2 pts",
   "Gap to Nasdaq-100": "\u221217.8 pts"
  },
  {
   "window": "1 year",
   "Total return": "\u221216.8%",
   "S&P 500": "+17.5%",
   "Gap to S&P 500": "\u221234.3 pts",
   "Gap to Nasdaq-100": "\u221239.8 pts"
  },
  {
   "window": "3 years",
   "Total return": "+34.8%",
   "S&P 500": "+77.9%",
   "Gap to S&P 500": "\u221243.1 pts",
   "Gap to Nasdaq-100": "\u221260.3 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+94.9%",
   "S&P 500": "+318.6%",
   "Gap to S&P 500": "\u2212223.6 pts",
   "Gap to Nasdaq-100": "\u2212456.3 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of ISHP is in S&P 500 companies?",
   "a": "By its holdings published by its issuer for Sep 10, 2026, 40% of ISHP by weight is stocks the S&P 500 already holds. Its active share against the index is 93%, so that share is the part doing something different."
  },
  {
   "q": "What does ISHP hold?",
   "a": "64 positions as published by its issuer for Sep 10, 2026, with the top ten at 20% of the fund. The largest are A.P. Moeller - Maersk A/S (Class B) at 2.4%, LY Corp. at 2.0%, NAVER Corporation at 2.0%."
  },
  {
   "q": "Has ISHP beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 ISHP returned \u221216.8% with distributions reinvested, against +17.5% for the S&P 500, so it finished behind the index by 34.3 points."
  },
  {
   "q": "What does ISHP cost?",
   "a": "The prospectus expense ratio is 0.60% a year. Because 93% of the fund differs from the S&P 500, the fee on that differing part works out at 0.65%."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}