# Internet ETFs: 13 funds, largest first

> ETFIQ covers 13 internet ETFs. The largest are FDN ($5.1bn), KWEB ($4.3bn) and ARKW ($2.3bn); fees run 0.48% to 0.86%, as of Oct 5 to 27, 2026.

Data as of Oct 27, 2026. Rebuilt every trading night.

Data as of Oct 27, 2026 .

## Internet ETFs: what each one holds

See every internet ETF by what it holds, not by its name. Funds that hold online retailers, marketplaces, search and social media companies. 13 funds, largest first. Updated Oct 27, 2026. The typical fund carries 29% of its weight in S&P 500 stocks, the 29th most of the 53 themes with holdings on file.

13 US listed internet ETFs

$5.1bn The largest, FDN

0.48% The cheapest, OGIG

−1.2% Best one year, FDN

### The short answers

Least like the S&P 500 KWEB , KraneShares CSI China Internet ETF, 0.0% of its weight in S&P 500 companies. Closest pair FDN and PNQI , 44% of their weight in the same companies.

### What these funds actually own

Between them the 13 funds' ten largest holdings name 104 companies, of which 21 appear in more than one. Amazon.com, Inc. is among the ten largest of 4 of them, at an average of 11.2% of the fund.

| Company | Among the ten largest of | Average weight where it is | Largest, and in which fund |
| --- | --- | --- | --- |
| Amazon.com, Inc. AMZN | 4 of 13 | 11.2% | 23.3% in ONLN |
| RELIANCE INDUSTRIES LIMITED | 3 of 13 | 7.9% | 8.1% in EMQQ |
| Meta Platforms, Inc. (Class A) META | 3 of 13 | 7.7% | 9.9% in FDN |
| PDD HOLDINGS INC PDD | 3 of 13 | 6.3% | 8.6% in KWEB |
| MercadoLibre, Inc. | 2 of 13 | 8.2% | 8.4% in EMQQ |
| BAJAJ FINANCE LIMITED | 2 of 13 | 7.9% | 8.2% in FMQQ |
| Tencent Holdings Limited | 2 of 13 | 7.8% | 9.7% in SOCL |
| Eternal Ltd | 2 of 13 | 7.3% | 7.8% in FMQQ |
| Nu Holdings Ltd. | 2 of 13 | 6.6% | 7.5% in FMQQ |
| NAVER Corporation | 2 of 13 | 6.4% | 9.3% in SOCL |
| SEA LIMITED | 2 of 13 | 6.3% | 6.5% in FMQQ |
| Alphabet Inc. (Class C) GOOG | 2 of 13 | 6.0% | 7.7% in PNQI |
| JIO FINANCIAL SERVICES LIMITED | 2 of 13 | 4.8% | 5.9% in INQQ |
| Spotify Technology SA SPOT | 2 of 13 | 4.7% | 6.3% in FDNI |
| NETEASE, INC. | 2 of 13 | 4.6% | 5.7% in SOCL |

The 15 most widely held of 104. Each row counts the ten largest holdings of each fund, so a fund missing from a row may still hold that company lower down. Weights are of the funds that name it, not of the theme.

### The 10 largest internet ETFs

ETFIQ covers 13 internet ETFs. The largest are FDN ( $5.1bn ), KWEB ( $4.3bn ) and ARKW ( $2.3bn ); fees run 0.48% to 0.86% , as of Oct 5 to 27, 2026 .

- FDN First Trust Dow Jones Internet Index Fund $5.1bn 0.49%

- KWEB KraneShares CSI China Internet ETF $4.3bn 0.69%

- ARKW ARK Next Generation Internet ETF $2.3bn 0.76%

- PNQI Invesco NASDAQ Internet ETF $534m 0.60%

- EMQQ EMQQ The Emerging Markets Internet ETF $264m 0.86%

- IBUY Amplify Online Retail ETF $127m 0.65%

- OGIG ALPS | O'Shares Global Internet Giants ETF Shares $115m 0.48%

- SOCL Global X Social Media ETF $87m 0.65%

- ONLN ProShares Online Retail ETF $58m 0.58%

- INQQ INQQ The India Internet ETF $44m 0.86%

| Ticker | Fund | Issuer | Net assets | In the S&P 500 | Active share | Total return 1Y | vs its benchmark 1Y | Fee |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FDN | First Trust Dow Jones Internet Index Fund | First Trust | $5.1bn | 81.8% | 85.5% | −1.2% | −14.8 pts vs IVV | 0.49% |
| KWEB | KraneShares CSI China Internet ETF | KraneShares | $4.3bn | 0.0% | 100.0% | −40.7% | not measured | 0.69% |
| ARKW | ARK Next Generation Internet ETF | ARK | $2.3bn | 50.2% | 79.9% | −11.7% | −25.3 pts vs VOO | 0.76% |
| PNQI | Invesco NASDAQ Internet ETF | Invesco | $534m | 75.4% | 78.9% | −10.9% | not measured | 0.60% |
| EMQQ | EMQQ The Emerging Markets Internet ETF | EMQQ Global | $264m | 0.0% | 100.0% | −34.0% | not measured | 0.86% |
| IBUY | Amplify Online Retail ETF | Amplify | $127m | 29.1% | 94.9% | −6.8% | not measured | 0.65% |
| OGIG | ALPS | O'Shares Global Internet Giants ETF Shares | ALPS | $115m | 61.7% | 82.9% | −14.6% | not measured | 0.48% |
| SOCL | Global X Social Media ETF | Global X | $87m | 14.0% | 94.8% | −29.8% | −42.9 pts vs ACWI | 0.65% |
| ONLN | ProShares Online Retail ETF | ProShares | $58m | 39.7% | 96.2% | −7.6% | not measured | 0.58% |
| INQQ | INQQ The India Internet ETF | EMQQ Global | $44m | 0.0% | 100.0% | −20.7% | not measured | 0.86% |
| FDNI | First Trust Dow Jones International Internet ETF | First Trust | $29m | 0.0% | 100.0% | −33.5% | not measured | 0.65% |
| FMQQ | FMQQ The Next Frontier Internet ETF | EMQQ Global | $20m | 0.0% | 100.0% | −24.6% | not measured | 0.86% |
| ISHP | First Trust S-Network E-Commerce ETF | First Trust | $5.2m | 39.5% | 93.1% | −16.4% | −29.5 pts vs ACWI | 0.60% |

### How much of each pair is the same fund

The closest pair is FDN and PNQI , which hold 44% of their weight in the same companies. The furthest apart is ONLN and SOCL at 0%. The middle pair of the 45 is 8%. The grid is the 10 largest of 13 funds.

| | FDN | KWEB | ARKW | PNQI | EMQQ | IBUY | OGIG | SOCL | ONLN | INQQ |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FDN | · | 0% | 24% | 44% | 0% | 14% | 39% | 15% | 13% | 0% |
| KWEB | 0% | · | 0% | 0% | 40% | 4% | 7% | 19% | 7% | 0% |
| ARKW | 24% | 0% | · | 23% | 1% | 7% | 28% | 4% | 5% | 0% |
| PNQI | 44% | 0% | 23% | · | 4% | 22% | 35% | 13% | 16% | 0% |
| EMQQ | 0% | 40% | 1% | 4% | · | 8% | 11% | 12% | 16% | 19% |
| IBUY | 14% | 4% | 7% | 22% | 8% | · | 11% | 3% | 29% | 1% |
| OGIG | 39% | 7% | 28% | 35% | 11% | 11% | · | 18% | 12% | 0% |
| SOCL | 15% | 19% | 4% | 13% | 12% | 3% | 18% | · | 0% | 0% |
| ONLN | 13% | 7% | 5% | 16% | 16% | 29% | 12% | 0% | · | 0% |
| INQQ | 0% | 0% | 0% | 0% | 19% | 1% | 0% | 0% | 0% | · |

Weight overlap adds the smaller of the two weights for every company both funds hold. Funds with a cut-short book are left out, not compared short.

### What each fund holds alone

| Fund | Largest holding it alone has | Weight | All of its own names |
| --- | --- | --- | --- |
| FDN | Cisco Systems, Inc. CSCO | 9.0% | 17.4% |
| KWEB | TAL EDUCATION GROUP | 3.0% | 14.2% |
| ARKW | TESLA INC TSLA | 7.5% | 50.9% |
| PNQI | Walt Disney Co DIS | 4.2% | 8.1% |
| EMQQ | Nu Holdings Ltd. | 5.6% | 11.4% |
| IBUY | Maplebear Inc CART | 3.5% | 38.7% |
| OGIG | Applovin Corp | 3.3% | 20.6% |
| SOCL | MATCH GROUP, INC. | 4.1% | 14.1% |
| ONLN | REALREAL INC REAL | 3.6% | 12.2% |
| INQQ | Honasa Consumer Ltd | 2.5% | 13.4% |

### Questions people ask

How many internet ETFs are there? ETFIQ covers 13 US listed internet ETFs as of Oct 27, 2026. That is every one it can measure from the fund’s own published holdings. What is the largest internet ETF? FDN , First Trust Dow Jones Internet Index Fund, at $5.1bn in net assets as of Oct 26, 2026, the largest of the 13 internet ETFs with a published size. What is the cheapest internet ETF? OGIG , ALPS | O'Shares Global Internet Giants ETF Shares, at 0.48% a year by its prospectus filed Mar 30, 2026, the lowest fee of the 13 internet ETFs that publish one. Which internet ETF has performed best over the past year? FDN , First Trust Dow Jones Internet Index Fund, at −1.2% total return over the year to Oct 27, 2026, the highest of the 13 internet ETFs with a full year of trading behind them. Past returns do not predict future ones. What do internet ETFs hold? Funds that hold online retailers, marketplaces, search and social media companies. Between them the 13 internet ETFs ETFIQ can read name 104 companies in their ten largest holdings, by holdings dated May 31, 2026 to Oct 26, 2026, most widely Amazon.com, Inc., which is among the ten largest of 4 of them. Do internet ETFs hold the same companies? It depends which two. Across the 45 pairs of the 10 internet ETFs with a full published book, by holdings dated May 31, 2026 to Oct 26, 2026, FDN and PNQI hold 44% of their weight in the same companies, ONLN and SOCL hold 0%, and the middle pair holds 8%. Two funds sold on one theme are not the same fund.

### What the issuers say about this theme

The issuers behind these internet funds publish their own work on this theme. These are their pages and words, not ETFIQ’s. A fund company writing about a theme it sells is making a case.

| Issuer | What they publish | Kind |
| --- | --- | --- |
| First Trust | First Trust Investment Insights | Their research index |
| KraneShares | KraneShares research insights | Their research index |
| ARK | ARK Invest articles | Their research index |
| Invesco | Invesco insights | Their research index |
| Amplify | Amplify Insights | Their research index |
| Global X | Global X Insights, including The Next Big Theme | Their research index |
| ProShares | ProShares insights | Their research index |

### Where to next

### Sources

Links are sources, not endorsements.

ETFIQ is an independent publisher and makes no recommendations. Standards and sources

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Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, Internet ETFs: what each one holds, data as of Oct 27, 2026. https://etfiq.com/themes/internet
Licence: https://etfiq.com/license/ Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.
HTML: https://etfiq.com/themes/internet