Data as of .
FDNI vs OGIG: which is really different?
FDNI and OGIG hold 8% of their weight in the same names, and OGIG 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
8% 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 OGIG hold 8% of their money in the same securities at the same weight.
| Holding | FDNI | OGIG |
|---|---|---|
| Spotify Technology S.A. | 5.52% | 0.96% |
| Kuaishou Technology | 1.52% | 0.64% |
| NetEase, Inc. | 4.62% | 0.53% |
| Only in FDNI | Only in OGIG |
|---|---|
| Shopify Inc. (Class A) 10.35% | Amazon.com Inc 6.94% |
| Alibaba Group Holding Limited 10.20% | Alphabet Inc 6.73% |
| Tencent Holdings Limited 9.90% | Microsoft Corp 6.03% |
| PDD Holdings Inc. (ADR) 5.86% | Oracle Corp 5.41% |
| JD.com, Inc. (Class A) 4.56% | Meta Platforms Inc 5.33% |
| Prosus N.V. 4.56% | Palantir Technologies Inc 3.62% |
| Meituan (Class B) 4.34% | Applovin Corp 3.31% |
| Sea Limited (ADR) 4.32% | Crowdstrike Holdings Inc 2.95% |
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 | |||
|---|---|---|---|---|---|---|
| FDNI | OGIG | FDNI | OGIG | FDNI | OGIG | |
| 3 months | −1.3% | +11.0% | −3.5 pts | +8.8 pts | +1.2 pts | +13.5 pts |
| 6 months | −3.6% | +18.0% | −21.7 pts | 0.0 pts | −27.9 pts | −6.2 pts |
| 1 year | −32.3% | −15.6% | −48.8 pts | −32.2 pts | −54.0 pts | −37.4 pts |
| 3 years | +24.5% | +55.6% | −53.9 pts | −22.8 pts | −73.6 pts | −42.6 pts |
| Since launch | +36.7% | +95.5% | −169.0 pts | −119.7 pts | −295.4 pts | −240.3 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 | 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 | 0.0% | 61.8% |
| Active share vs the S&P 500 | 100.0% | 82.9% |
| In the Nasdaq-100 | 16.2% | 56.5% |
| Holdings | 49 | 54 |
| Top ten, share of the fund | 64.2% | 45.4% |
| Expense ratio | 0.65% | 0.48% |
| Fee for the differing part | 0.65% | 0.58% |
| Total return, 1 year | −32.3% | −15.6% |
| vs the S&P 500 | −48.8 pts | −32.2 pts |
| vs the Nasdaq-100 | −54.0 pts | −37.4 pts |
| Below its high | −52.7% | −22.5% |
| Net assets | $32m | $115m |
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.
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 FDNI and OGIG hold the same stocks?
- By their latest filings, 8% 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 OGIG?
- FDNI has 0% of its weight in S&P 500 names and OGIG has 62%, so FDNI differs more from the index.
- Which is cheaper, FDNI or OGIG?
- FDNI charges 0.65% 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, FDNI against OGIG, data as of Sep 18, 2026. https://etfiq.com/compare/themes/fdni-vs-ogig Free to use with attribution; the underlying files are at Open data.