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

In the year to Sep 13, 2026, with distributions reinvested, FDN returned +1.9% and QQQ returned +23.0%, so QQQ returned more. One year is one year; the longer windows are in the table.

Which is cheaper, FDN or QQQ?

FDN charges 0.49% a year and QQQ charges 0.18%, so QQQ is cheaper. Fees come from each fund's prospectus.

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

By their latest filed holdings, 82% of FDN and 97% of QQQ by weight is stocks the S&P 500 already holds. Between the two funds, 19% of their books are the same securities at the same weight.

Are FDN and QQQ the same kind of fund?

No. FDN is a thematic ETF and QQQ 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 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

FDN vs QQQ: how they differ

Over the year QQQ returned more, +23.0% against +1.9%, and QQQ charges 0.18% against 0.49%.

First Trust Dow Jones Internet Index Fund and Invesco QQQ Trust.

What they hold in common

By the books each fund has filed, FDN and QQQ hold 19% of their money in the same securities at the same weight.

Positions FDN and QQQ both hold, largest shared weight first
Holding	FDN	QQQ
Amazon.com, Inc.	9.78%	4.36%
Alphabet Inc. (Class A)	4.79%	3.12%
Meta Platforms, Inc. (Class A)	10.43%	3.07%
Alphabet Inc. (Class C)	3.84%	2.90%
Cisco Systems, Inc.	7.25%	1.88%
Netflix, Inc.	3.85%	1.42%
Booking Holdings Inc.	4.51%	0.60%
DoorDash, Inc. (Class A)	2.90%	0.37%
Datadog, Inc. (Class A)	2.79%	0.33%
Airbnb, Inc. (Class A)	2.67%	0.31%
PayPal Holdings, Inc.	1.79%	0.21%
CoreWeave, Inc. (Class A)	0.90%	0.18%

Largest positions each one holds and the other does not
Only in FDN	Only in QQQ
Salesforce, Inc. 5.91%	NVIDIA Corp 8.52%
Arista Networks, Inc. 5.18%	Apple Inc 7.72%
Oracle Corporation 4.44%	Microsoft Corp 5.89%
Snowflake Inc. (Class A) 4.34%	Micron Technology Inc 4.90%
Cloudflare, Inc. (Class A) 3.79%	Advanced Micro Devices Inc 3.65%
Carvana Co. (Class A) 1.92%	Tesla Inc 2.92%
Ciena Corporation 1.80%	Broadcom Inc 2.75%
eBay Inc. 1.78%	Walmart Inc 2.29%

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 Sep 10, 2026.

FDN and QQQ on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
	FDN First Trust Dow Jones Internet Index Fund	QQQ Invesco QQQ Trust
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%	0.18%
Already in the S&P 500	82.4%	96.7%
Holdings	42	105

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.

QQQ in plain words

QQQ 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 0.18% a year. By its holdings filed for Sep 10, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 105 positions, with the top ten at 47.0%. 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 QQQ?: In the year to Sep 13, 2026, with distributions reinvested, FDN returned +1.9% and QQQ returned +23.0%, so QQQ returned more. One year is one year; the longer windows are in the table.
Which is cheaper, FDN or QQQ?: FDN charges 0.49% a year and QQQ charges 0.18%, so QQQ is cheaper. Fees come from each fund's prospectus.
How much do FDN and QQQ overlap with the S&P 500?: By their latest filed holdings, 82% of FDN and 97% of QQQ by weight is stocks the S&P 500 already holds. Between the two funds, 19% of their books are the same securities at the same weight.
Are FDN and QQQ the same kind of fund?: No. FDN is a thematic ETF and QQQ 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 QQQ, ETFIQ, data as of Sep 13, 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 QQQ, data as of Sep 13, 2026. https://etfiq.com/compare/any/fdn-vs-qqq Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources