Data as of . Every figure is the themes desk's own, on published data.
FDN vs PPA
First Trust Dow Jones Internet Index Fund and Invesco Aerospace & Defense ETF, side by side on the themes desk.
0% of the two portfolios are the same securities at the same weight.
Open the live comparison on ETFIQ| FDN First Trust Dow Jones Internet Index Fund | PPA Invesco Aerospace & Defense ETF | |
|---|---|---|
| Issuer | First Trust | Invesco |
| Theme | Internet and e-commerce | Defense |
| In the S&P 500 | 82.7% | 71.1% |
| Active share vs the S&P 500 | 85.5% | 96.4% |
| In the Nasdaq-100 | 57.3% | 7.3% |
| Holdings | 42 | 60 |
| Top ten, share of the fund | 60.6% | 55.5% |
| Expense ratio | 0.49% | 0.58% |
| Fee for the differing part | 0.57% | 0.60% |
| Total return, 1 year | +3.8% | +12.6% |
| vs the S&P 500 | −16.2 pts | −7.3 pts |
| vs the Nasdaq-100 | −21.8 pts | −13.0 pts |
| Below its high | −1.5% | −10.9% |
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.
PPA in plain words
By weight, 71% of PPA's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 96%. The top ten holdings are 56% of the fund across 60 positions, as filed for Apr 30, 2026. Over the year to Sep 4, 2026 the fund returned +12.6% with distributions reinvested against +20.0% for the S&P 500, so a holder was behind by 7.3 pts. It sits 10.9% below its all-time high of Mar 2, 2026.
Questions people ask
- Do FDN and PPA 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 PPA?
- FDN has 83% of its weight in S&P 500 names and PPA has 71%, so PPA differs more from the index.
- Which is cheaper, FDN or PPA?
- FDN charges 0.49% a year and PPA charges 0.58%, so FDN is cheaper. Fees come from each fund's prospectus.
Other comparisons
Cite this page. ETFIQ, FDN against PPA, data as of Sep 4, 2026. https://etfiq.com/compare/themes/FDN-PPA.html Free to use with attribution; the underlying files are at Open data.
ETFIQ is an independent publisher of exchange-traded fund data. It is not a fund issuer, broker-dealer or investment adviser, and it makes no recommendations; every figure here is stated arithmetic on published data. Standards and sources