Which returned more over the last year, FDN or QQQM?

In the year to Sep 12, 2026, with distributions reinvested, FDN returned +1.9% and QQQM returned +23.0%, so QQQM returned more. One year is one year; the longer windows are in the table.

Which is cheaper, FDN or QQQM?

FDN charges 0.49% a year and QQQM charges 0.15%, so QQQM is cheaper. Fees come from each fund's prospectus.

How much do FDN and QQQM overlap with the S&P 500?

By their latest filed holdings, 82% of FDN and 97% of QQQM by weight is stocks the S&P 500 already holds. Between the two funds, 20% of their books are the same securities at the same weight.

Are FDN and QQQM the same kind of fund?

No. FDN is a thematic ETF and QQQM is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

FDN vs QQQM: how they differ

Over the year QQQM returned more, +23.0% against +1.9%, and QQQM charges 0.15% against 0.49%.

First Trust Dow Jones Internet Index Fund and Invesco NASDAQ 100 ETF.

What they hold in common

By the books each fund has filed, FDN and QQQM hold 20% of their money in the same securities at the same weight.

Positions FDN and QQQM both hold, largest shared weight first
Holding	FDN	QQQM
Amazon.com, Inc.	9.78%	4.62%
Alphabet Inc. (Class A)	4.79%	3.52%
Alphabet Inc. (Class C)	3.84%	3.26%
Meta Platforms, Inc. (Class A)	10.43%	2.97%
Cisco Systems, Inc.	7.25%	2.09%
Netflix, Inc.	3.85%	1.59%
Booking Holdings Inc.	4.51%	0.58%
Datadog, Inc. (Class A)	2.79%	0.36%
DoorDash, Inc. (Class A)	2.90%	0.29%
Airbnb, Inc. (Class A)	2.67%	0.25%
PayPal Holdings, Inc.	1.79%	0.18%
Copart, Inc.	1.04%	0.14%

Largest positions each one holds and the other does not
Only in FDN	Only in QQQM
Salesforce, Inc. 5.91%	NVIDIA Corp. 8.16%
Arista Networks, Inc. 5.18%	Apple Inc. 7.29%
Oracle Corporation 4.44%	Microsoft Corp. 5.32%
Snowflake Inc. (Class A) 4.34%	Micron Technology, Inc. 4.80%
Cloudflare, Inc. (Class A) 3.79%	Advanced Micro Devices, Inc. 3.70%
Carvana Co. (Class A) 1.92%	Tesla, Inc. 3.46%
Ciena Corporation 1.80%	Broadcom Inc. 3.37%
eBay Inc. 1.78%	Intel Corp. 2.52%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Sep 10, 2026.

FDN and QQQM on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	FDN First Trust Dow Jones Internet Index Fund	QQQM Invesco NASDAQ 100 ETF
Where it sits	Thematic ETF	Core index fund
Issuer	First Trust	Invesco
What it is	Internet and e-commerce	Nasdaq-100
Total return, 1 year	+1.9%	+23.0%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	−15.6 pts	+5.5 pts
Expense ratio	0.49%	0.15%
Already in the S&P 500	82.4%	96.7%
Holdings	42	101

FDN in plain words

By weight, 82% of FDN's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 86%. The top ten holdings are 60% of the fund across 42 positions, as published by its issuer for Sep 10, 2026. Over the year to Sep 11, 2026 the fund returned +1.9% with distributions reinvested against +17.5% for the S&P 500, so a holder was behind by 15.6 pts.

QQQM in plain words

QQQM is an index equity fund tracking the Nasdaq-100. Over the year to Sep 11, 2026 it returned +23.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for May 31, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 101 positions, with the top ten at 47.5%. It sat 4.1% below its high of Jun 2, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, FDN or QQQM?: In the year to Sep 12, 2026, with distributions reinvested, FDN returned +1.9% and QQQM returned +23.0%, so QQQM returned more. One year is one year; the longer windows are in the table.
Which is cheaper, FDN or QQQM?: FDN charges 0.49% a year and QQQM charges 0.15%, so QQQM is cheaper. Fees come from each fund's prospectus.
How much do FDN and QQQM overlap with the S&P 500?: By their latest filed holdings, 82% of FDN and 97% of QQQM by weight is stocks the S&P 500 already holds. Between the two funds, 20% of their books are the same securities at the same weight.
Are FDN and QQQM the same kind of fund?: No. FDN is a thematic ETF and QQQM is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

Other comparisons

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

FDN against QQQM, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, FDN against QQQM, data as of Sep 12, 2026. https://etfiq.com/compare/any/FDN-QQQM Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources