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Data as of .

FDN vs INQQ: which is really different?

FDN and INQQ hold 0% of their weight in the same names, and FDN returned more over the year.

First Trust Dow Jones Internet Index Fund and INQQ The India Internet ETF.

82.8%FDN in the S&P 500
0.0%INQQ in the S&P 500
+0.8%FDN total return, 1 year
−13.8%INQQ total return, 1 year

ETFIQ Off-Index Score: INQQ scores higher

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

FDN 18.9INQQ 91.80.1, 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

FDN17% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
83%17%of its weight in S&P 500 companiesoutsideactive share 86% · top ten 63% of the fund · 42 holdings filed Sep 18, 2026 · Nasdaq-100: 61% in83%17%in the S&P 50017% of its weight outside the S&P 500active share 86% · top ten 63% of the fund
INQQ100% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 62% of the fund · 28 holdings filed May 31, 2026 · Nasdaq-100: 0% in0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 62% of the fund

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 INQQ hold 0% of their money in the same securities at the same weight.

Only in each
Only in FDNOnly in INQQ
Meta Platforms, Inc. (Class A) 10.18%RELIANCE INDUSTRIES LIMITED 7.83%
Amazon.com, Inc. 10.05%BAJAJ FINANCE LIMITED 7.63%
Cisco Systems, Inc. 8.71%BILLIONBRAINS GARAGE VENTURES LIMITED 7.44%
Netflix, Inc. 5.94%Eternal Ltd 6.79%
Alphabet Inc. (Class A) 5.86%Lenskart Solutions Ltd 6.67%
Alphabet Inc. (Class C) 4.67%PB Fintech Ltd 6.53%
Arista Networks, Inc. 4.65%JIO FINANCIAL SERVICES LIMITED 5.89%
Salesforce, Inc. 4.38%FSN E-COMMERCE VENTURES LIMITED 5.01%

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

FDN and INQQ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
FDNINQQFDNINQQFDNINQQ
3 months+8.4%+7.8%+6.2 pts+5.5 pts+10.9 pts+10.3 pts
6 months+21.2%+16.4%+3.2 pts−1.6 pts−3.0 pts−7.8 pts
1 year+0.8%−13.8%−15.8 pts−30.4 pts−21.0 pts−35.6 pts
3 years+74.0%+11.5%−4.4 pts−66.9 pts−24.1 pts−86.7 pts
Since launch+1028.4%−11.7%+224.9 pts−92.9 pts−661.8 pts−121.4 pts
Open the live comparison on ETFIQ
FDN and INQQ on the same fields, as of Sep 18, 2026. Source: ETFIQ.
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
INQQ
INQQ The India Internet ETF
Holds 28 stocks in internet and e-commerce, 0% of its weight in S&P 500 companies
IssuerFirst TrustEMQQ Global
ThemeInternet and e-commerceInternet and e-commerce
In the S&P 50082.8%0.0%
Active share vs the S&P 50085.5%100.0%
In the Nasdaq-10060.9%0.0%
Holdings4228
Top ten, share of the fund62.8%62.3%
Expense ratio0.49%0.86%
Fee for the differing part0.57%0.86%
Total return, 1 year+0.8%−13.8%
vs the S&P 500−15.8 pts−30.4 pts
vs the Nasdaq-100−21.0 pts−35.6 pts
Below its high−2.4%−18.2%
Net assets$5.3bn$44m

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.

INQQ in plain words

By weight, 0% of INQQ'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 62% of the fund across 28 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned −13.8% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 30.4 pts. It sits 18.2% below its all-time high of Dec 11, 2024.

Questions people ask

Do FDN and INQQ 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 INQQ?
FDN has 83% of its weight in S&P 500 names and INQQ has 0%, so INQQ differs more from the index.
Which is cheaper, FDN or INQQ?
FDN charges 0.49% a year and INQQ charges 0.86%, 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.

FDN against INQQ, 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, FDN against INQQ, data as of Sep 18, 2026. https://etfiq.com/compare/themes/fdn-vs-inqq Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources