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Data as of .

FDCF vs XDAT: which is really different?

FDCF and XDAT hold 28% of their weight in the same names, and FDCF returned more over the year.

Fidelity Disruptive Communications ETF and Franklin Exponential Data ETF.

56.1%FDCF in the S&P 500
61.1%XDAT in the S&P 500
+1.5%FDCF total return, 1 year
−4.8%XDAT total return, 1 year

ETFIQ Off-Index Score: XDAT scores higher

How much of it is not the index it is sold as an alternative to?

FDCF 10.2XDAT 20.20.1, the lowest in this set91.8, the highest

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

FDCF44% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
56%44%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 80% · top ten 56% of the fund · 38 holdings filed May 31, 2026 · Nasdaq-100: 46% in56%44%in the S&P 500outsideactive share 80% · top ten 56% of the fund
XDAT39% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
61%39%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 86% · top ten 57% of the fund · 59 holdings filed Jun 30, 2026 · Nasdaq-100: 50% in61%39%in the S&P 500outsideactive share 86% · top ten 57% of the fund

28% 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 XDAT hold 28% of their money in the same securities at the same weight.

Positions FDCF and XDAT both hold, largest shared weight first
HoldingFDCFXDAT
ALPHABET INC8.86%9.76%
META PLATFORMS INC6.18%6.43%
ROKU INC3.87%2.42%
ARISTA NETWORKS INC5.58%2.19%
CLOUDFLARE INC1.99%10.14%
T-MOBILE US INC2.66%1.62%
MICROSOFT CORP1.09%3.55%
NETFLIX INC1.39%0.92%
APPLOVIN CORP0.86%5.02%
CADENCE DESIGN SYSTEMS INC2.12%0.68%
SERVICENOW INC0.61%0.81%
UNITY SOFTWARE INC0.58%0.71%
Only in each
Only in FDCFOnly in XDAT
TAIWAN SEMICONDUCTOR MFG CO LTD 10.85%SNOWFLAKE INC 5.03%
NVIDIA CORP 5.61%PALO ALTO NETWORKS INC 4.54%
AMAZON.COM INC 5.42%CROWDSTRIKE HOLDINGS INC 4.39%
WARNER BROS DISCOVERY INC 3.88%DATADOG INC 4.11%
QUEBECOR INC 3.10%MONGODB INC 3.75%
SEA LTD 2.74%JFROG LTD 3.45%
TWILIO INC 2.62%ORACLE CORP 2.64%
APPLE INC 2.59%NEBIUS GROUP NV 2.50%

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 Jun 30, 2026 and May 31, 2026.

Performance, window by window

FDCF and XDAT over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
FDCFXDATFDCFXDATFDCFXDAT
3 months+1.6%+10.6%−0.7 pts+8.3 pts+4.1 pts+13.1 pts
6 months+17.5%+23.9%−0.5 pts+5.9 pts−6.7 pts−0.3 pts
1 year+1.5%−4.8%−15.1 pts−21.4 pts−20.3 pts−26.6 pts
3 years+100.6%+47.1%+22.2 pts−31.3 pts+2.5 pts−51.1 pts
Since launch+101.0%+9.1%+17.6 pts−108.2 pts−2.9 pts−127.9 pts
Open the live comparison on ETFIQ
FDCF and XDAT on the same fields, as of Sep 18, 2026. Source: ETFIQ.
FDCF
Fidelity Disruptive Communications ETF
Holds 38 stocks in broad innovation and megatrends, 56% of its weight in S&P 500 companies
XDAT
Franklin Exponential Data ETF
Holds 59 stocks in broad innovation and megatrends, 61% of its weight in S&P 500 companies
IssuerFidelityFranklin
ThemeBroad innovation and megatrendsBroad innovation and megatrends
In the S&P 50056.1%61.1%
Active share vs the S&P 50079.8%86.2%
In the Nasdaq-10045.7%49.6%
Holdings3859
Top ten, share of the fund56.1%56.7%
Expense ratio0.50%0.50%
Fee for the differing part0.63%0.58%
Total return, 1 year+1.5%−4.8%
vs the S&P 500−15.1 pts−21.4 pts
vs the Nasdaq-100−20.3 pts−26.6 pts
Below its high−2.0%−12.3%
Net assets$101m$4m

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.

XDAT in plain words

By weight, 61% of XDAT'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 57% of the fund across 59 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned −4.8% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 21.4 pts. It sits 12.3% below its all-time high of Nov 9, 2021.

Questions people ask

Do FDCF and XDAT hold the same stocks?
By their latest filings, 28% 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 XDAT?
FDCF has 56% of its weight in S&P 500 names and XDAT has 61%, so XDAT differs more from the index.
Which is cheaper, FDCF or XDAT?
FDCF charges 0.50% a year and XDAT charges 0.50%, 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.

FDCF against XDAT, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, FDCF against XDAT, data as of Sep 18, 2026. https://etfiq.com/compare/themes/fdcf-vs-xdat Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources