Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
FDN vs SCHG: how they differ
Over the year SCHG returned more, +12.7% against +1.9%, and SCHG charges 0.04% against 0.49%.
First Trust Dow Jones Internet Index Fund and Schwab U.S. Large-Cap Growth ETF.
What they hold in common
By the books each fund has filed, FDN and SCHG hold 0% of their money in the same securities at the same weight.
| Only in FDN | Only in SCHG |
|---|---|
| Meta Platforms, Inc. (Class A) 10.43% | NVIDIA Corp 11.02% |
| Amazon.com, Inc. 9.78% | Apple Inc 9.84% |
| Cisco Systems, Inc. 7.25% | Microsoft Corp 7.18% |
| Salesforce, Inc. 5.91% | Amazon.com Inc 5.68% |
| Arista Networks, Inc. 5.18% | Alphabet Inc 4.76% |
| Alphabet Inc. (Class A) 4.79% | Broadcom Inc 4.55% |
| Booking Holdings Inc. 4.51% | Tesla Inc 3.92% |
| Oracle Corporation 4.44% | Alphabet Inc 3.78% |
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 First Trust Dow Jones Internet Index Fund | SCHG Schwab U.S. Large-Cap Growth ETF | |
|---|---|---|
| Where it sits | Thematic ETF | Core index fund |
| Issuer | First Trust | Schwab |
| What it is | Internet and e-commerce | U.S. Large-Cap Growth |
| Total return, 1 year | +1.9% | +12.7% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −15.6 pts | −4.8 pts |
| Expense ratio | 0.49% | 0.04% |
| Already in the S&P 500 | 82.4% | 95.4% |
| Holdings | 42 | 193 |
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.
SCHG in plain words
SCHG is an index equity fund tracking the U.S. Large-Cap Growth. Over the year to Sep 11, 2026 it returned +12.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.04% a year. By its holdings filed for May 31, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 193 positions, with the top ten at 57.2%.
Questions people ask
- Which returned more over the last year, FDN or SCHG?
- In the year to Sep 13, 2026, with distributions reinvested, FDN returned +1.9% and SCHG returned +12.7%, so SCHG returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, FDN or SCHG?
- FDN charges 0.49% a year and SCHG charges 0.04%, so SCHG is cheaper. Fees come from each fund's prospectus.
- How much do FDN and SCHG overlap with the S&P 500?
- By their latest filed holdings, 82% of FDN and 95% of SCHG by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.
- Are FDN and SCHG the same kind of fund?
- No. FDN is a thematic ETF and SCHG is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.
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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.
Cite this page. ETFIQ, FDN against SCHG, data as of Sep 13, 2026. https://etfiq.com/compare/any/fdn-vs-schg Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources