Data as of .
FDCF vs ILDR: which is really different?
FDCF and ILDR hold 23% of their weight in the same names, and ILDR 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
23% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, FDCF and ILDR hold 23% of their money in the same securities at the same weight.
| Holding | FDCF | ILDR |
|---|---|---|
| AMAZON.COM INC | 5.42% | 5.79% |
| ARISTA NETWORKS INC | 5.58% | 2.46% |
| SPOTIFY TECHNOLOGY SA | 1.44% | 0.68% |
| SERVICENOW INC | 0.61% | 1.24% |
| SYNOPSYS INC | 0.68% | 0.41% |
| AST SPACEMOBILE INC | 1.02% | 0.23% |
| Only in FDCF | Only in ILDR |
|---|---|
| TAIWAN SEMICONDUCTOR MFG CO LTD 10.85% | NVIDIA Corporation 9.78% |
| ALPHABET INC 8.86% | Advanced Micro Devices, Inc. 5.79% |
| META PLATFORMS INC 6.18% | Alphabet Inc. (Class A) 4.81% |
| NVIDIA CORP 5.61% | Broadcom Inc. 3.57% |
| WARNER BROS DISCOVERY INC 3.88% | Marvell Technology, Inc. 3.13% |
| ROKU INC 3.87% | Eli Lilly and Company 3.02% |
| QUEBECOR INC 3.10% | Micron Technology, Inc. 2.80% |
| SEA LTD 2.74% | Microsoft Corporation 2.70% |
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 | |||
|---|---|---|---|---|---|---|
| FDCF | ILDR | FDCF | ILDR | FDCF | ILDR | |
| 3 months | +1.6% | +0.3% | −0.7 pts | −1.9 pts | +4.1 pts | +2.8 pts |
| 6 months | +17.5% | +31.0% | −0.5 pts | +12.9 pts | −6.7 pts | +6.7 pts |
| 1 year | +1.5% | +19.9% | −15.1 pts | +3.3 pts | −20.3 pts | −1.9 pts |
| 3 years | +100.6% | +120.9% | +22.2 pts | +42.5 pts | +2.5 pts | +22.7 pts |
| Since launch | +101.0% | +92.7% | +17.6 pts | −3.0 pts | −2.9 pts | −30.0 pts |
| FDCF Fidelity Disruptive Communications ETF Holds 38 stocks in broad innovation and megatrends, 56% of its weight in S&P 500 companies | ILDR First Trust Innovation Leaders ETF Holds 82 stocks in broad innovation and megatrends, 66% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Fidelity | First Trust |
| Theme | Broad innovation and megatrends | Broad innovation and megatrends |
| In the S&P 500 | 56.1% | 65.8% |
| Active share vs the S&P 500 | 79.8% | 67.1% |
| In the Nasdaq-100 | 45.7% | 49.0% |
| Holdings | 38 | 82 |
| Top ten, share of the fund | 56.1% | 44.1% |
| Expense ratio | 0.50% | 0.75% |
| Fee for the differing part | 0.63% | 1.12% |
| Total return, 1 year | +1.5% | +19.9% |
| vs the S&P 500 | −15.1 pts | +3.3 pts |
| vs the Nasdaq-100 | −20.3 pts | −1.9 pts |
| Below its high | −2.0% | −3.5% |
| Net assets | $101m | $342m |
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.
ILDR in plain words
By weight, 66% of ILDR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 67%. The top ten holdings are 44% of the fund across 82 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +19.9% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 3.3 pts.
Questions people ask
- Do FDCF and ILDR hold the same stocks?
- By their latest filings, 23% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, FDCF or ILDR?
- FDCF has 56% of its weight in S&P 500 names and ILDR has 66%, so FDCF differs more from the index.
- Which is cheaper, FDCF or ILDR?
- FDCF charges 0.50% a year and ILDR charges 0.75%, so FDCF 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, FDCF against ILDR, data as of Sep 18, 2026. https://etfiq.com/compare/themes/fdcf-vs-ildr Free to use with attribution; the underlying files are at Open data.