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First Trust S-Network Global E-Commerce (ISHP)Overvalued or undervalued?
Look-through valuation · Global · Expense ratio 0.60 % · ISIN US33738R8299
Price history (since 2016)
Monthly close since 2016. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| A.P. Møller - Mærsk A/S MAERSK-B | 2.4 % | −16.0 % | 61 |
| Allegro.eu S.A. ALE | 2.1 % | +10.9 % | 77 |
| Z Holdings Corp 4689 | 2.0 % | n/a | n/a |
| COSCO SHIPPING Holdings Co Ltd H 1919 | 2.0 % | +51.2 % | 59 |
| Snap Inc SNAP | 2.0 % | +2.6 % | 49 |
| Naver Corporation 035420 | 2.0 % | +62.0 % | 64 |
| Meta Platforms Inc. META | 1.9 % | +10.0 % | 66 |
| Best Buy Co. Inc BBY | 1.9 % | +3.8 % | 72 |
| Taiwan Mobile Co Ltd 3045 | 1.9 % | −37.4 % | 48 |
| Wayfair Inc W | 1.9 % | −63.5 % | 51 |
| PayPal Holdings Inc PYPL | 1.9 % | +89.4 % | 73 |
| Rightmove PLC RMV | 1.9 % | n/a | n/a |
| Global Payments Inc GPN | 1.9 % | +2.2 % | 62 |
| Airbnb Inc ABNB | 1.9 % | +10.0 % | 78 |
| Corpay Inc CPAY | 1.9 % | −1.2 % | 69 |
| Shopify Inc SHOP | 1.8 % | −54.8 % | 66 |
| Ke Holdings Inc BEKE | 1.8 % | n/a | n/a |
| Adyen NV ADYEN | 1.8 % | +16.5 % | 72 |
| REA Group Ltd REA | 1.8 % | +10.0 % | 85 |
| Expedia Group Inc. EXPE | 1.7 % | +19.2 % | 70 |
| Amazon.com Inc AMZN | 1.7 % | −48.9 % | 56 |
| Alibaba Group Holding Ltd BABA | 1.7 % | +12.3 % | 48 |
| Williams-Sonoma Inc WSM | 1.7 % | −28.0 % | 78 |
| Scout24 AG G24 | 1.7 % | +33.0 % | 80 |
| Copart Inc CPRT | 1.7 % | +11.7 % | 67 |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 50 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 CHIU Global X MSCI China Utilities ETF +87.2 % below FV
- 2 FXI iShares China Large-Cap ETF +57.2 % below FV
- 3 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +43.7 % below FV
- 4 MCHI iShares MSCI China ETF +41.9 % below FV
- 5 ITB iShares U.S. Home Construction ETF +31.4 % below FV
- 6 TAN Invesco Solar ETF +26.0 % below FV
- 7 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +19.4 % below FV
- 8 FDNI First Trust Dow Jones International Internet ETF +19.3 % below FV
- 9 ESPO VanEck Video Gaming and eSports ETF +18.3 % below FV
- 10 XIDV Franklin International Dividend Booster Index ETF +17.9 % below FV
Frequently asked about ISHP
Is ISHP overvalued?
What is the fair value of ISHP?
How do you calculate the fair value of an ETF?
Which stocks drive the valuation of ISHP?
What is the expense ratio of ISHP?
How we value this ETF
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives First Trust S-Network Global E-Commerce ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Sep 25, 2026
The look-through is a computed summary of public fundamentals and is no substitute for your own research.