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Data as of Nov 4, 2026.

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Thematic ETFs

FDN vs ISHP: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, FDN returned −1.6% to ISHP's −6.8%; 16% of their weight is in the same names.

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Net assets on Nov 3, 2026: $4.8bn for First Trust Dow Jones Internet Index Fund and $5.3m for First Trust S-Network E-Commerce ETF.

FDN on its own →ISHP on its own →
At a glance
83.1%
FDN in the S&P 500
40.6%
ISHP in the S&P 500
−1.6%
FDN total return, 1 year
−6.8%
ISHP total return, 1 year
FDN · 1 year to Nov 4, 2026 17% of its weight is outside the S&P 500
17% of its weight is outside the S&P 50083% of FDN's weight is in S&P 500 companies and 17% is outside the index. Holdings as of Nov 3, 2026.83%17%of its weight in S&P 500 companiesoutsideactive share 86% · top ten 62% of the fund · 41 holdings as published by its issuer for Nov 3, 2026 · Nasdaq-100: 62% in17% of its weight is outside the S&P 50083% of FDN's weight is in S&P 500 companies and 17% is outside the index. Holdings as of Nov 3, 2026.83%17%in the S&P 50017% of its weight outside the S&P 500active share 86% · Nasdaq-100: 62% in

83% of FDN's weight is in S&P 500 companies and 17% is outside the index. Holdings as of Nov 3, 2026.

ISHP · 1 year to Nov 4, 2026 59% of its weight is outside the S&P 500
59% of its weight is outside the S&P 50041% of ISHP's weight is in S&P 500 companies and 59% is outside the index. Holdings as of Nov 3, 2026.41%59%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 93% · top ten 19% of the fund · 60 holdings as published by its issuer for Nov 3, 2026 · Nasdaq-100: 19% in59% of its weight is outside the S&P 50041% of ISHP's weight is in S&P 500 companies and 59% is outside the index. Holdings as of Nov 3, 2026.41%59%in the S&P 500outside the S&P 500active share 93% · Nasdaq-100: 19% in

41% of ISHP's weight is in S&P 500 companies and 59% is outside the index. Holdings as of Nov 3, 2026.

Pair scorecard

FDN costs 0.11 points a year less; their one-year returns differ by 5.2 points; FDN is far larger, $4.8bn against $5.3m.

Points (pts) are percentage points.

FDN vs ISHP: Holdings Overlap & Returns
MeasureFDNISHP
Return
Total return, 1 year−1.6%−6.8%
Drawdown
Below its all-time high9.5%, high on Oct 9, 202613.7%, high on Sep 18, 2025
Against its benchmark
What it tracksInternet and e-commerceInternet and e-commerce
Against the S&P 500, 1 yearbehind by 16.4 pts
Its benchmark, total return, 1 year+14.8%+15.0%
Against its benchmark, 1 yearbehind by 16.4 ptsbehind by 21.8 pts
Cost and size
Expense ratio0.49%0.60%
Net assets, as of Nov 3, 2026$4.8bn$5.3m
Holdings
Holdings in common16%

Method

What they share

16%

By the books each fund has filed, FDN and ISHP hold 16% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.

0 half 100%

half

16% in common

Positions both hold · largest shared weight first FDN ISHP
Carvana Co. (Class A) 1.89% 1.83%
PayPal Holdings, Inc. 1.83% 1.72%
eBay Inc. 1.74% 1.72%
Airbnb, Inc. (Class A) 2.58% 1.66%
Amazon.com, Inc. 10.74% 1.60%
Booking Holdings Inc. 4.32% 1.58%
DoorDash, Inc. (Class A) 2.54% 1.55%
Meta Platforms, Inc. (Class A) 10.27% 1.39%
Alphabet Inc. (Class A) 5.07% 1.31%
Copart, Inc. 0.97% 1.83%
Reddit, Inc. (Class A) 0.52% 1.00%
Only in one fund ↓
Only in FDN
Cisco Systems, Inc. 8.86%
Netflix, Inc. 5.67%
Salesforce, Inc. 4.43%
Arista Networks, Inc. 4.28%
Alphabet Inc. (Class C) 4.08%
Oracle Corporation 3.80%
Snowflake Inc. (Class A) 3.77%
Cloudflare, Inc. (Class A) 3.24%
Only in ISHP
Fiserv, Inc. 2.06%
Scout24 SE 1.94%
Global Payments Inc. 1.92%
United Parcel Service, Inc. (Class B) 1.88%
lululemon athletica inc. 1.87%
Allegro.eu SA 1.86%
Autotrader Group Plc 1.84%
JD Health International Inc. 1.84%
Check overlap with more funds →

Window by window

Window by window: FDN vs ISHP: Holdings Overlap & Returns
Total returnvs its benchmark
WindowFDNISHPFDNISHP
3 months−5.1%+0.4%−5.0 pts vs IVV+1.7 pts vs ACWI
6 months+2.2%+3.8%−2.8 pts vs IVV+1.2 pts vs ACWI
1 year−1.6%−6.8%−16.4 pts vs IVV−21.8 pts vs ACWI
3 years+71.5%+48.4%−11.9 pts vs IVV−29.2 pts vs ACWI
Since launchNot the same days: FDN Jun 2006 · ISHP Oct 2016+1,234.4%+105.0%not measured−122.5 pts vs ACWI

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Side by side

FDN First Trust Dow Jones Internet Index Fund · Holds 41 stocks in internet and e-commerce, 83% of its weight in S&P 500 companies ISHP First Trust S-Network E-Commerce ETF · Holds 60 stocks in internet and e-commerce, 41% 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 83.1% 40.6%
Active share vs the S&P 500 85.5% 93.3%
In the Nasdaq-100 61.9% 19.0%
Holdings 41 60
Top ten, share of the fund 61.5% 18.9%
Expense ratio 0.49% 0.60%
Fee for the differing part 0.57% 0.64%
Total return, 1 year −1.6% −6.8%
vs its benchmark −16.4 pts vs IVV −21.8 pts vs ACWI
Below its high −9.5% −13.7%
Net assets, as of Nov 3, 2026 $4.8bn $5.3m

As of Nov 4, 2026. Source: ETFIQ.

16% of the two portfolios are the same securities at the same weight.

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About each fund
FDN

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 62% of the fund across 41 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned −1.6% with distributions reinvested against +14.8% for its benchmark, the S&P 500 Index, so a holder was behind by 16.4 pts. It sits 9.5% below its all-time high of Oct 9, 2026.

ISHP

By weight, 41% of ISHP's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 93%. The top ten holdings are 19% of the fund across 60 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned −6.8% with distributions reinvested against +15.0% for its benchmark, the MSCI ACWI Index, so a holder was behind by 21.8 pts. It sits 13.7% below its all-time high of Sep 18, 2025.

Questions people ask

Do FDN and ISHP hold the same stocks?
By their latest filings, 16% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, FDN or ISHP?
FDN has 83% of its weight in S&P 500 names and ISHP has 41%, so ISHP differs more from the index.
Which is cheaper, FDN or ISHP?
FDN charges 0.49% a year and ISHP charges 0.60%, so FDN is cheaper. Fees come from each fund's prospectus.
Other comparisons
FDN vs FMQQFDN vs FDNIFDN vs INQQFDN vs SOCLISHP vs KWEBISHP vs PNQIISHP vs OGIGISHP vs SOCL
Where to next
All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →FDN on its own →ISHP on its own →FDN holdings →ISHP dividend history →ISHP holdings →Method →Standards and sources →
Sources and dates
FDN filings on SEC EDGAR ↗
FDN prospectus with the expense ratio (SEC) ↗
First Trust page for FDN ↗
ISHP filings on SEC EDGAR ↗
ISHP prospectus with the expense ratio (SEC) ↗
First Trust page for ISHP ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, FDN against ISHP, data as of Nov 4, 2026. https://etfiq.com/compare/themes/fdn-vs-ishp

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.