Data as of . Every figure is the themes desk's own, on published data.
FDN vs PAVE
0% 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 PAVE hold 0% of their money in the same securities at the same weight.
| Only in FDN | Only in PAVE |
|---|---|
| Amazon.com, Inc. 9.84% | QUANTA SERVICES, INC. 4.18% |
| Meta Platforms, Inc. (Class A) 9.79% | CSX Corporation 3.48% |
| Cisco Systems, Inc. 7.22% | EATON CORPORATION PUBLIC LIMITED COMPANY 3.30% |
| Salesforce, Inc. 6.19% | HOWMET AEROSPACE INC. 3.27% |
| Arista Networks, Inc. 5.21% | TRANE TECHNOLOGIES PLC 3.19% |
| Booking Holdings Inc. 4.91% | UNION PACIFIC CORPORATION 3.12% |
| Alphabet Inc. (Class A) 4.78% | NUCOR CORPORATION 3.10% |
| Oracle Corporation 4.52% | ROCKWELL AUTOMATION, INC. 2.92% |
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 May 31, 2026 and Sep 4, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| FDN | PAVE | FDN | PAVE | FDN | PAVE | |
| 3 months | +7.0% | −2.5% | +2.3 pts | −7.2 pts | +4.9 pts | −4.6 pts |
| 6 months | +18.1% | +7.1% | +2.9 pts | −8.0 pts | −2.1 pts | −13.0 pts |
| 1 year | +3.8% | +19.3% | −16.2 pts | −0.7 pts | −21.8 pts | −6.3 pts |
| 3 years | +69.7% | +77.6% | −8.3 pts | −0.4 pts | −23.8 pts | −15.9 pts |
| Since launch | +1039.1% | +297.3% | +227.8 pts | +19.0 pts | −644.9 pts | −189.6 pts |
| FDN First Trust Dow Jones Internet Index Fund | PAVE Global X U.S. Infrastructure Development ETF | |
|---|---|---|
| Issuer | First Trust | Global X |
| Theme | Internet and e-commerce | Infrastructure |
| In the S&P 500 | 82.7% | 62.1% |
| Active share vs the S&P 500 | 85.5% | 97.2% |
| In the Nasdaq-100 | 57.3% | 6.2% |
| Holdings | 42 | 100 |
| Top ten, share of the fund | 60.6% | 32.3% |
| Expense ratio | 0.49% | 0.47% |
| Fee for the differing part | 0.57% | 0.48% |
| Total return, 1 year | +3.8% | +19.3% |
| vs the S&P 500 | −16.2 pts | −0.7 pts |
| vs the Nasdaq-100 | −21.8 pts | −6.3 pts |
| Below its high | −1.5% | −7.9% |
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.
PAVE in plain words
By weight, 62% of PAVE's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 97%. The top ten holdings are 32% of the fund across 100 positions, as filed for May 31, 2026. Over the year to Sep 4, 2026 the fund returned +19.3% with distributions reinvested against +20.0% for the S&P 500, so a holder was behind by 0.7 pts. It sits 7.9% below its all-time high of Jun 25, 2026.
Questions people ask
- Do FDN and PAVE hold the same stocks?
- By their latest filings, 0% 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 PAVE?
- FDN has 83% of its weight in S&P 500 names and PAVE has 62%, so PAVE differs more from the index.
- Which is cheaper, FDN or PAVE?
- FDN charges 0.49% a year and PAVE charges 0.47%, so PAVE is cheaper. Fees come from each fund's prospectus.
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 PAVE, data as of Sep 4, 2026. https://etfiq.com/compare/themes/FDN-PAVE.html Free to use with attribution; the underlying files are at Open data.