Data as of . Every figure is the themes desk's own, on published data.
FDN vs IGV
16% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, FDN and IGV hold 16% of their money in the same securities at the same weight.
| Holding | FDN | IGV |
|---|---|---|
| Salesforce, Inc. | 6.19% | 4.81% |
| Oracle Corporation | 4.52% | 6.26% |
| Datadog, Inc. (Class A) | 2.63% | 3.26% |
| Workday, Inc. (Class A) | 1.49% | 0.94% |
| Zoom Communications, Inc. (Class A) | 1.01% | 0.87% |
| Nutanix, Inc. (Class A) | 0.67% | 0.51% |
| Atlassian Corporation (Class A) | 1.13% | 0.47% |
| Samsara Inc. (Class A) | 0.56% | 0.46% |
| HubSpot, Inc. | 0.47% | 0.35% |
| DocuSign, Inc. | 0.50% | 0.33% |
| MARA Holdings, Inc. | 0.16% | 0.20% |
| Circle Internet Group, Inc. (Class A) | 0.22% | 0.14% |
| Only in FDN | Only in IGV |
|---|---|
| Amazon.com, Inc. 9.84% | Palo Alto Networks, Inc. 10.38% |
| Meta Platforms, Inc. (Class A) 9.79% | Microsoft Corp. 8.08% |
| Cisco Systems, Inc. 7.22% | Palantir Technologies, Inc. 7.71% |
| Arista Networks, Inc. 5.21% | Crowdstrike Holdings, Inc. 7.29% |
| Booking Holdings Inc. 4.91% | AppLovin Corp. 4.76% |
| Alphabet Inc. (Class A) 4.78% | Cadence Design Systems, Inc. 3.92% |
| Snowflake Inc. (Class A) 4.35% | ServiceNow, Inc. 3.87% |
| Netflix, Inc. 3.89% | Fortinet, Inc. 3.62% |
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 as filed for Jun 30, 2026 and Sep 4, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| FDN | IGV | FDN | IGV | FDN | IGV | |
| 3 months | +7.0% | +9.1% | +2.3 pts | +4.4 pts | +4.9 pts | +7.0 pts |
| 6 months | +18.1% | +18.9% | +2.9 pts | +3.7 pts | −2.1 pts | −1.3 pts |
| 1 year | +3.8% | −2.1% | −16.2 pts | −22.1 pts | −21.8 pts | −27.7 pts |
| 3 years | +69.7% | +43.9% | −8.3 pts | −34.1 pts | −23.8 pts | −49.6 pts |
| Since launch | +1039.1% | +1031.5% | +227.8 pts | +220.2 pts | −644.9 pts | −652.5 pts |
| FDN First Trust Dow Jones Internet Index Fund | IGV iShares Expanded Tech-Software Sector ETF | |
|---|---|---|
| Issuer | First Trust | iShares |
| Theme | Internet and e-commerce | Cloud and software |
| In the S&P 500 | 82.7% | 83.2% |
| Active share vs the S&P 500 | 85.5% | 92.4% |
| In the Nasdaq-100 | 57.3% | 66.9% |
| Holdings | 42 | 107 |
| Top ten, share of the fund | 60.6% | 60.7% |
| Expense ratio | 0.49% | not published |
| Fee for the differing part | 0.57% | not published |
| Total return, 1 year | +3.8% | −2.1% |
| vs the S&P 500 | −16.2 pts | −22.1 pts |
| vs the Nasdaq-100 | −21.8 pts | −27.7 pts |
| Below its high | −1.5% | −11.2% |
FDN in plain words
By weight, 83% 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 61% of the fund across 42 positions, as filed for Sep 3, 2026. Over the year to Sep 4, 2026 the fund returned +3.8% with distributions reinvested against +20.0% for the S&P 500, so a holder was behind by 16.2 pts.
IGV in plain words
By weight, 83% of IGV's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 92%. The top ten holdings are 61% of the fund across 107 positions, as filed for Jun 30, 2026. Over the year to Sep 4, 2026 the fund returned −2.1% with distributions reinvested against +20.0% for the S&P 500, so a holder was behind by 22.1 pts. It sits 11.2% below its all-time high of Sep 22, 2025.
Questions people ask
- Do FDN and IGV hold the same stocks?
- By their latest filings, 16% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, FDN or IGV?
- FDN has 83% of its weight in S&P 500 names and IGV has 83%, so IGV differs more from the index.
Other comparisons
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 IGV, data as of Sep 4, 2026. https://etfiq.com/compare/themes/FDN-IGV.html Free to use with attribution; the underlying files are at Open data.