Data as of .
ANEW vs FDCF: which is really different?
ANEW and FDCF hold 16% of their weight in the same names, and ANEW returned more over the year.
ETFIQ Off-Index Score: FDCF scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
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, ANEW and FDCF hold 16% of their money in the same securities at the same weight.
| Holding | ANEW | FDCF |
|---|---|---|
| APPLE INC | 2.12% | 2.59% |
| NVIDIA CORP | 1.90% | 5.61% |
| AMAZON.COM INC | 1.84% | 5.42% |
| WARNER BROS DISCOVERY INC | 1.68% | 3.88% |
| ALIBABA GROUP HOLDING LTD | 1.55% | 1.46% |
| NETFLIX INC | 1.52% | 1.39% |
| MICROSOFT CORP | 2.23% | 1.09% |
| ARISTA NETWORKS INC | 0.24% | 5.58% |
| NXP SEMICONDUCTORS NV | 0.09% | 0.98% |
| Only in ANEW | Only in FDCF |
|---|---|
| DANAHER CORP 2.39% | TAIWAN SEMICONDUCTOR MFG CO LTD 10.85% |
| DOORDASH INC - A 2.35% | ALPHABET INC 8.86% |
| ABBVIE INC 2.33% | META PLATFORMS INC 6.18% |
| DEERE & CO 2.31% | ROKU INC 3.87% |
| ABBOTT LABORATORIES 2.18% | QUEBECOR INC 3.10% |
| SYMRISE AG 2.18% | SEA LTD 2.74% |
| INTL FLAVORS & FRAGRANCES 2.17% | T-MOBILE US INC 2.66% |
| ELI LILLY & CO 2.12% | TWILIO INC 2.62% |
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 dated May 31, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| ANEW | FDCF | ANEW | FDCF | ANEW | FDCF | |
| 3 months | +6.5% | +1.6% | +4.2 pts | −0.7 pts | +8.9 pts | +4.1 pts |
| 6 months | +19.1% | +17.5% | +1.1 pts | −0.5 pts | −5.1 pts | −6.7 pts |
| 1 year | +3.9% | +1.5% | −12.7 pts | −15.1 pts | −17.9 pts | −20.3 pts |
| 3 years | +56.3% | +100.6% | −22.1 pts | +22.2 pts | −41.9 pts | +2.5 pts |
| Since launch | +40.4% | +101.0% | −97.4 pts | +17.6 pts | −118.3 pts | −2.9 pts |
| ANEW ProShares MSCI Transformational Changes ETF Holds 146 stocks in broad innovation and megatrends, 51% of its weight in S&P 500 companies | FDCF Fidelity Disruptive Communications ETF Holds 38 stocks in broad innovation and megatrends, 56% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | ProShares | Fidelity |
| Theme | Broad innovation and megatrends | Broad innovation and megatrends |
| In the S&P 500 | 51.0% | 56.1% |
| Active share vs the S&P 500 | 76.2% | 79.8% |
| In the Nasdaq-100 | 25.2% | 45.7% |
| Holdings | 146 | 38 |
| Top ten, share of the fund | 22.4% | 56.1% |
| Expense ratio | 0.45% | 0.50% |
| Fee for the differing part | 0.59% | 0.63% |
| Total return, 1 year | +3.9% | +1.5% |
| vs the S&P 500 | −12.7 pts | −15.1 pts |
| vs the Nasdaq-100 | −17.9 pts | −20.3 pts |
| Below its high | −2.0% | −2.0% |
| Net assets | $8m | $101m |
ANEW in plain words
By weight, 51% of ANEW's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 76%. The top ten holdings are 22% of the fund across 146 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +3.9% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 12.7 pts.
FDCF in plain words
By weight, 56% of FDCF's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 80%. The top ten holdings are 56% of the fund across 38 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned +1.5% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 15.1 pts.
Questions people ask
- Do ANEW and FDCF 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, ANEW or FDCF?
- ANEW has 51% of its weight in S&P 500 names and FDCF has 56%, so FDCF differs more from the index.
- Which is cheaper, ANEW or FDCF?
- ANEW charges 0.45% a year and FDCF charges 0.50%, so ANEW 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, ANEW against FDCF, data as of Sep 18, 2026. https://etfiq.com/compare/themes/anew-vs-fdcf Free to use with attribution; the underlying files are at Open data.