Data as of .
FDNI vs IBUY: which is really different?
FDNI and IBUY hold 10% of their weight in the same names, and IBUY 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
10% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, FDNI and IBUY hold 10% of their money in the same securities at the same weight.
| Holding | FDNI | IBUY |
|---|---|---|
| Spotify Technology S.A. | 5.52% | 2.90% |
| Allegro.eu SA | 1.50% | 1.10% |
| Delivery Hero SE | 0.97% | 1.24% |
| Shopify Inc. (Class A) | 10.35% | 0.88% |
| Sea Limited (ADR) | 4.32% | 0.82% |
| Prosus N.V. | 4.56% | 0.60% |
| Zalando SE | 0.58% | 0.74% |
| JD Health International Inc. | 0.56% | 0.56% |
| PDD Holdings Inc. (ADR) | 5.86% | 0.56% |
| Vipshop Holdings Limited (ADR) | 0.36% | 0.60% |
| Only in FDNI | Only in IBUY |
|---|---|
| Alibaba Group Holding Limited 10.20% | Wayfair Inc 3.75% |
| Tencent Holdings Limited 9.90% | Airbnb Inc 2.87% |
| NetEase, Inc. 4.62% | MSC Industrial Direct Co Inc 2.81% |
| JD.com, Inc. (Class A) 4.56% | Liquidity Services Inc 2.79% |
| Meituan (Class B) 4.34% | DoorDash Inc 2.78% |
| Adyen NV 4.12% | Expedia Group Inc 2.74% |
| Naspers Limited (Class N) 3.89% | PayPal Holdings Inc 2.74% |
| NAVER Corporation 3.02% | Maplebear Inc 2.73% |
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 and Sep 21, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| FDNI | IBUY | FDNI | IBUY | FDNI | IBUY | |
| 3 months | −1.3% | −1.5% | −3.5 pts | −3.7 pts | +1.2 pts | +1.0 pts |
| 6 months | −3.6% | +10.9% | −21.7 pts | −7.1 pts | −27.9 pts | −13.3 pts |
| 1 year | −32.3% | −13.9% | −48.8 pts | −30.5 pts | −54.0 pts | −35.7 pts |
| 3 years | +24.5% | +48.7% | −53.9 pts | −29.7 pts | −73.6 pts | −49.4 pts |
| Since launch | +36.7% | +170.0% | −169.0 pts | −159.2 pts | −295.4 pts | −431.6 pts |
| 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 | IBUY Amplify Online Retail ETF Holds 85 stocks in internet and e-commerce, 31% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | First Trust | Amplify |
| Theme | Internet and e-commerce | Internet and e-commerce |
| In the S&P 500 | 0.0% | 30.7% |
| Active share vs the S&P 500 | 100.0% | 94.8% |
| In the Nasdaq-100 | 16.2% | 18.5% |
| Holdings | 49 | 85 |
| Top ten, share of the fund | 64.2% | 28.8% |
| Expense ratio | 0.65% | 0.65% |
| Fee for the differing part | 0.65% | 0.69% |
| Total return, 1 year | −32.3% | −13.9% |
| vs the S&P 500 | −48.8 pts | −30.5 pts |
| vs the Nasdaq-100 | −54.0 pts | −35.7 pts |
| Below its high | −52.7% | −51.3% |
| Net assets | $32m | $121m |
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.
IBUY in plain words
By weight, 31% of IBUY's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 95%. The top ten holdings are 29% of the fund across 85 positions, as published by its issuer for Sep 21, 2026. Over the year to Sep 18, 2026 the fund returned −13.9% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 30.5 pts. It sits 51.3% below its all-time high of Feb 12, 2021.
Questions people ask
- Do FDNI and IBUY hold the same stocks?
- By their latest filings, 10% 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, FDNI or IBUY?
- FDNI has 0% of its weight in S&P 500 names and IBUY has 31%, so FDNI differs more from the index.
- Which is cheaper, FDNI or IBUY?
- FDNI charges 0.65% a year and IBUY charges 0.65%, so FDNI 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, FDNI against IBUY, data as of Sep 18, 2026. https://etfiq.com/compare/themes/fdni-vs-ibuy Free to use with attribution; the underlying files are at Open data.