Data as of Nov 4, 2026.

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Thematic ETFs

FDNI vs INQQ: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, FDNI returned −28.0% to INQQ's −12.7%; 0% of their weight is in the same names.

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Net assets: $29m on Nov 3, 2026 for First Trust Dow Jones International Internet ETF, and $46m on Aug 31, 2026 for INQQ The India Internet ETF.

At a glance
0.0%
FDNI in the S&P 500
0.0%
INQQ in the S&P 500
−28.0%
FDNI total return, 1 year
−12.7%
INQQ total return, 1 year
FDNI · 1 year to Nov 4, 2026 100% of its weight is outside the S&P 500
100% of its weight is outside the S&P 5000% of FDNI's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Nov 3, 2026.0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 66% of the fund · 40 holdings as published by its issuer for Nov 3, 2026 · Nasdaq-100: 18% in100% of its weight is outside the S&P 5000% of FDNI's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Nov 3, 2026.0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · Nasdaq-100: 18% in

0% of FDNI's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Nov 3, 2026.

INQQ · 1 year to Nov 4, 2026 100% of its weight is outside the S&P 500
100% of its weight is outside the S&P 5000% of INQQ's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Aug 31, 2026.0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 61% of the fund · 26 holdings as filed for Aug 31, 2026 · Nasdaq-100: 0% in100% of its weight is outside the S&P 5000% of INQQ's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Aug 31, 2026.0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · Nasdaq-100: 0% in

0% of INQQ's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Aug 31, 2026.

Pair scorecard

FDNI costs 0.21 points a year less; their one-year returns differ by 15.3 points.

Points (pts) are percentage points.

FDNI vs INQQ: Holdings Overlap & Returns
MeasureFDNIINQQ
Return
Total return, 1 year−28.0%−12.7%
Drawdown
Below its all-time high52.2%, high on Feb 16, 202119.5%, high on Dec 11, 2024
Against its benchmark
What it tracksInternet and e-commerceInternet and e-commerce
Its benchmark, total return, 1 year+16.9%
Against its benchmark, 1 yearbehind by 44.9 pts
Cost and size
Expense ratio0.65%0.86%
Net assets, FDNI as of Nov 3, 2026 and INQQ as of Aug 31, 2026$29m$46m
Holdings
Holdings in common0%

Method

What they share

0%

By the books each fund has filed, FDNI and INQQ hold 0% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Nov 3, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first FDNI INQQ
Only in one fund ↓
Only in FDNI
Shopify Inc. (Class A) 11.84%
Tencent Holdings Limited 9.61%
Alibaba Group Holding Limited 9.53%
Spotify Technology S.A. 6.67%
PDD Holdings Inc. (ADR) 6.11%
JD.com, Inc. (Class A) 4.77%
NetEase, Inc. 4.72%
Meituan (Class B) 4.52%
Only in INQQ
Eternal Limited 8.03%
BAJAJ FINANCE LIMITED 7.65%
RELIANCE INDUSTRIES LIMITED 6.78%
ONE 97 COMMUNICATIONS LIMITED 6.05%
PB Fintech Limited 5.79%
JIO FINANCIAL SERVICES LIMITED 5.75%
Lenskart Solutions Ltd 5.54%
SWIGGY LIMITED 5.27%
Check overlap with more funds →

Window by window

Window by window: FDNI vs INQQ: Holdings Overlap & Returns
Total returnvs its benchmark
WindowFDNIINQQFDNIINQQ
3 months−9.5%−2.0%−6.6 pts vs ACWXnot measured
6 months−7.7%+4.0%−7.1 pts vs ACWXnot measured
1 year−28.0%−12.7%−44.9 pts vs ACWXnot measured
3 years+26.1%+11.3%−44.5 pts vs ACWXnot measured
Since launchNot the same days: FDNI Nov 2018 · INQQ Apr 2022+38.1%−13.1%−65.1 pts vs ACWXnot measured

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Side by side

FDNI First Trust Dow Jones International Internet ETF · Holds 40 stocks in internet and e-commerce, 0% of its weight in S&P 500 companies INQQ INQQ The India Internet ETF · Holds 26 stocks in internet and e-commerce, 0% of its weight in S&P 500 companies
Theme Internet and e-commerce Internet and e-commerce
In the S&P 500 0.0% 0.0%
Active share vs the S&P 500 100.0% 100.0%
In the Nasdaq-100 17.9% 0.0%
Holdings 40 26
Top ten, share of the fund 66.1% 61.3%
Expense ratio 0.65% 0.86%
Fee for the differing part 0.65% 0.86%
Total return, 1 year −28.0% −12.7%
vs its benchmark −44.9 pts vs ACWX not measured
Below its high −52.2% −19.5%
Net assets, FDNI as of Nov 3, 2026 and INQQ as of Aug 31, 2026 $29m $46m

As of Nov 4, 2026. Source: ETFIQ.

0% of the two portfolios are the same securities at the same weight.

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About each fund
FDNI

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 66% of the fund across 40 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned −28.0% with distributions reinvested against +16.9% for its benchmark, the MSCI ACWI ex-USA Index, so a holder was behind by 44.9 pts. It sits 52.2% below its all-time high of Feb 16, 2021.

INQQ

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 61% of the fund across 26 positions, as filed for Aug 31, 2026. Over the year to Nov 4, 2026 the fund returned −12.7% with distributions reinvested. It sits 19.5% below its all-time high of Dec 11, 2024.

Questions people ask

Do FDNI and INQQ hold the same stocks?
By their latest filings, 0% 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, FDNI or INQQ?
FDNI has 0% of its weight in S&P 500 names and INQQ has 0%, so FDNI differs more from the index.
Which is cheaper, FDNI or INQQ?
FDNI charges 0.65% a year and INQQ charges 0.86%, so FDNI is cheaper. Fees come from each fund's prospectus.
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ETFIQ, FDNI against INQQ, data as of Nov 4, 2026. https://etfiq.com/compare/themes/fdni-vs-inqq

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