Data as of .
FDN vs IFRA: which is really different?
FDN holds 82.4% of its weight in S&P 500 companies and IFRA 71.4%.
ETFIQ Off-Index Score: IFRA scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 371 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
What they hold in common
By the books each fund has filed, FDN and IFRA hold 0% of their money in the same securities at the same weight.
| Only in FDN | Only in IFRA |
|---|---|
| Meta Platforms, Inc. (Class A) 10.43% | UNION PACIFIC 4.43% |
| Amazon.com, Inc. 9.78% | NEXTERA ENERGY 4.05% |
| Cisco Systems, Inc. 7.25% | CATERPILLAR INC 3.76% |
| Salesforce, Inc. 5.91% | QUANTA SERVICES INC 3.52% |
| Arista Networks, Inc. 5.18% | CSX 3.48% |
| Alphabet Inc. (Class A) 4.79% | SOUTHERN 2.91% |
| Booking Holdings Inc. 4.51% | CONSTELLATION ENERGY CORP 2.85% |
| Oracle Corporation 4.44% | NORFOLK SOUTHERN CORP 2.78% |
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 10, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| FDN | IFRA | FDN | IFRA | FDN | IFRA | |
| 3 months | +9.3% | −5.6% | +6.0 pts | −8.9 pts | +10.1 pts | −4.8 pts |
| 6 months | +20.3% | +2.3% | +4.3 pts | −13.7 pts | −0.4 pts | −18.4 pts |
| 1 year | +1.9% | +13.5% | −15.6 pts | −4.0 pts | −21.0 pts | −9.5 pts |
| 3 years | +69.5% | +61.6% | −8.4 pts | −16.3 pts | −25.6 pts | −33.5 pts |
| Since launch | +1031.5% | +169.3% | +227.1 pts | −57.4 pts | −642.4 pts | −200.6 pts |
| FDN First Trust Dow Jones Internet Index Fund Holds 42 stocks in internet and e-commerce, 82% of its weight in S&P 500 companies | IFRA iShares U.S. Infrastructure ETF Holds 164 stocks in infrastructure, 71% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | First Trust | iShares |
| Theme | Internet and e-commerce | Infrastructure |
| In the S&P 500 | 82.4% | 71.4% |
| Active share vs the S&P 500 | 85.5% | 95.7% |
| In the Nasdaq-100 | 57.1% | 11.0% |
| Holdings | 42 | 164 |
| Top ten, share of the fund | 60.5% | 33.1% |
| Expense ratio | 0.49% | 0.30% |
| Fee for the differing part | 0.57% | 0.31% |
| Total return, 1 year | +1.9% | +13.5% |
| vs the S&P 500 | −15.6 pts | −4.0 pts |
| vs the Nasdaq-100 | −21.0 pts | −9.5 pts |
| Below its high | −2.1% | −8.9% |
FDN in plain words
By weight, 82% 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 60% of the fund across 42 positions, as published by its issuer for Sep 10, 2026. Over the year to Sep 11, 2026 the fund returned +1.9% with distributions reinvested against +17.5% for the S&P 500, so a holder was behind by 15.6 pts.
IFRA in plain words
By weight, 71% of IFRA'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 33% of the fund across 164 positions, as published by its issuer for Sep 10, 2026. Over the year to Sep 11, 2026 the fund returned +13.5% with distributions reinvested against +17.5% for the S&P 500, so a holder was behind by 4.0 pts. It sits 8.9% below its all-time high of Jun 25, 2026.
Questions people ask
- Which is more different from the S&P 500, FDN or IFRA?
- FDN has 82% of its weight in S&P 500 names and IFRA has 71%, so IFRA differs more from the index.
- Which is cheaper, FDN or IFRA?
- FDN charges 0.49% a year and IFRA charges 0.30%, so IFRA 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 IFRA, data as of Sep 11, 2026. https://etfiq.com/compare/themes/fdn-vs-ifra Free to use with attribution; the underlying files are at Open data.