Data as of .
FDN vs FDNI: which is really different?
FDN and FDNI hold 0% of their weight in the same names, and FDN returned more over the year.
ETFIQ Off-Index Score: FDNI 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
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 FDNI hold 0% of their money in the same securities at the same weight.
| Holding | FDN | FDNI |
|---|---|---|
| US Dollar | 0.08% | 0.27% |
| Only in FDN | Only in FDNI |
|---|---|
| Meta Platforms, Inc. (Class A) 10.18% | Shopify Inc. (Class A) 10.35% |
| Amazon.com, Inc. 10.05% | Alibaba Group Holding Limited 10.20% |
| Cisco Systems, Inc. 8.71% | Tencent Holdings Limited 9.90% |
| Netflix, Inc. 5.94% | PDD Holdings Inc. (ADR) 5.86% |
| Alphabet Inc. (Class A) 5.86% | Spotify Technology S.A. 5.52% |
| Alphabet Inc. (Class C) 4.67% | NetEase, Inc. 4.62% |
| Arista Networks, Inc. 4.65% | JD.com, Inc. (Class A) 4.56% |
| Salesforce, Inc. 4.38% | Prosus N.V. 4.56% |
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 Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| FDN | FDNI | FDN | FDNI | FDN | FDNI | |
| 3 months | +8.4% | −1.3% | +6.2 pts | −3.5 pts | +10.9 pts | +1.2 pts |
| 6 months | +21.2% | −3.6% | +3.2 pts | −21.7 pts | −3.0 pts | −27.9 pts |
| 1 year | +0.8% | −32.3% | −15.8 pts | −48.8 pts | −21.0 pts | −54.0 pts |
| 3 years | +74.0% | +24.5% | −4.4 pts | −53.9 pts | −24.1 pts | −73.6 pts |
| Since launch | +1028.4% | +36.7% | +224.9 pts | −169.0 pts | −661.8 pts | −295.4 pts |
| FDN First Trust Dow Jones Internet Index Fund Holds 42 stocks in internet and e-commerce, 83% of its weight in S&P 500 companies | FDNI First Trust Dow Jones International Internet ETF Holds 49 stocks in internet and e-commerce, 0% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | First Trust | First Trust |
| Theme | Internet and e-commerce | Internet and e-commerce |
| In the S&P 500 | 82.8% | 0.0% |
| Active share vs the S&P 500 | 85.5% | 100.0% |
| In the Nasdaq-100 | 60.9% | 16.2% |
| Holdings | 42 | 49 |
| Top ten, share of the fund | 62.8% | 64.2% |
| Expense ratio | 0.49% | 0.65% |
| Fee for the differing part | 0.57% | 0.65% |
| Total return, 1 year | +0.8% | −32.3% |
| vs the S&P 500 | −15.8 pts | −48.8 pts |
| vs the Nasdaq-100 | −21.0 pts | −54.0 pts |
| Below its high | −2.4% | −52.7% |
| Net assets | $5.3bn | $32m |
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 63% of the fund across 42 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +0.8% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 15.8 pts.
FDNI in plain words
By weight, 0% of FDNI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 64% of the fund across 49 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned −32.3% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 48.8 pts. It sits 52.7% below its all-time high of Feb 16, 2021.
Questions people ask
- Do FDN and FDNI 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 FDNI?
- FDN has 83% of its weight in S&P 500 names and FDNI has 0%, so FDNI differs more from the index.
- Which is cheaper, FDN or FDNI?
- FDN charges 0.49% a year and FDNI charges 0.65%, so FDN 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 FDNI, data as of Sep 18, 2026. https://etfiq.com/compare/themes/fdn-vs-fdni Free to use with attribution; the underlying files are at Open data.