Data as of .
FDN vs OGIG: which is really different?
FDN and OGIG hold 40% of their weight in the same names, and FDN returned more over the year.
ETFIQ Off-Index Score: FDN 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
40% 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 OGIG hold 40% of their money in the same securities at the same weight.
| Holding | FDN | OGIG |
|---|---|---|
| Amazon.com, Inc. | 10.05% | 6.94% |
| Netflix, Inc. | 5.94% | 1.45% |
| Salesforce, Inc. | 4.38% | 0.94% |
| Booking Holdings Inc. | 4.31% | 0.76% |
| Only in FDN | Only in OGIG |
|---|---|
| Meta Platforms, Inc. (Class A) 10.18% | Alphabet Inc 6.73% |
| Cisco Systems, Inc. 8.71% | Microsoft Corp 6.03% |
| Alphabet Inc. (Class A) 5.86% | Oracle Corp 5.41% |
| Alphabet Inc. (Class C) 4.67% | Meta Platforms Inc 5.33% |
| Arista Networks, Inc. 4.65% | Palantir Technologies Inc 3.62% |
| Oracle Corporation 4.11% | Applovin Corp 3.31% |
| Snowflake Inc. (Class A) 3.93% | Crowdstrike Holdings Inc 2.95% |
| Cloudflare, Inc. (Class A) 3.55% | Palo Alto Networks Inc 2.70% |
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
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| FDN | OGIG | FDN | OGIG | FDN | OGIG | |
| 3 months | +8.4% | +11.0% | +6.2 pts | +8.8 pts | +10.9 pts | +13.5 pts |
| 6 months | +21.2% | +18.0% | +3.2 pts | 0.0 pts | −3.0 pts | −6.2 pts |
| 1 year | +0.8% | −15.6% | −15.8 pts | −32.2 pts | −21.0 pts | −37.4 pts |
| 3 years | +74.0% | +55.6% | −4.4 pts | −22.8 pts | −24.1 pts | −42.6 pts |
| Since launch | +1028.4% | +95.5% | +224.9 pts | −119.7 pts | −661.8 pts | −240.3 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 | OGIG ALPS | O'Shares Global Internet Giants ETF Shares Holds 54 stocks in internet and e-commerce, 62% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | First Trust | ALPS |
| Theme | Internet and e-commerce | Internet and e-commerce |
| In the S&P 500 | 82.8% | 61.8% |
| Active share vs the S&P 500 | 85.5% | 82.9% |
| In the Nasdaq-100 | 60.9% | 56.5% |
| Holdings | 42 | 54 |
| Top ten, share of the fund | 62.8% | 45.4% |
| Expense ratio | 0.49% | 0.48% |
| Fee for the differing part | 0.57% | 0.58% |
| Total return, 1 year | +0.8% | −15.6% |
| vs the S&P 500 | −15.8 pts | −32.2 pts |
| vs the Nasdaq-100 | −21.0 pts | −37.4 pts |
| Below its high | −2.4% | −22.5% |
| Net assets | $5.3bn | $115m |
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.
OGIG in plain words
By weight, 62% of OGIG's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 83%. The top ten holdings are 45% of the fund across 54 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned −15.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 32.2 pts. It sits 22.5% below its all-time high of Feb 12, 2021.
Questions people ask
- Do FDN and OGIG hold the same stocks?
- By their latest filings, 40% 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, FDN or OGIG?
- FDN has 83% of its weight in S&P 500 names and OGIG has 62%, so FDN differs more from the index.
- Which is cheaper, FDN or OGIG?
- FDN charges 0.49% a year and OGIG charges 0.48%, so OGIG 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 OGIG, data as of Sep 18, 2026. https://etfiq.com/compare/themes/fdn-vs-ogig Free to use with attribution; the underlying files are at Open data.