Friday, October 18th saw the ETFs included in the TrackInsight segment of Internet Stocks experience a negative daily performance of -2,08% on average. Netflix was the main driver of these losses, as the streaming platform dropped by -6,15% on Friday, mainly because of its disappointing results in term of subscribers growth in the US in recent quarters. In 2019, Internet stocks are still up by a big chunk at +14,74% on average, but the trend doesn’t seem very optimistic, since the 2019 peak was at +28,79% in April. Since then, Internet stocks have been steadily declining. As part of the growth category, internet stocks are logically suffering from the concerns of investors about the global economic health and perspectives. 7 ETFs are tracking 5 indices related to Internet stocks, and they gather $9,96Bn of assets under management.