FDN vs FDND
First Trust Dow Jones Internet Index Fund vs FT Vest Dow Jones Internet & Target Income ETF
Which is better, FDN or FDND?
Nearly the same fund. FDN costs less.
FDN has a lower expense ratio. FDN led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.99. FDND is less concentrated, with 62.2% of the fund in its ten largest positions against 62.4%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FDN | FDND |
|---|---|---|
| Expense Ratio | 0.49%Best | 0.75% |
| AUM | $5.4B | $10M |
| Dividend Yield | 0.00% | 7.76% |
| Holdings | 84 | 86 |
| YTD Return | +9.58%Best | +3.83% |
| 1Y Return | +4.44%Best | -2.05% |
| 3Y Return (annualized) | +21.72% | - |
| 5Y Return (annualized) | +3.60% | - |
| Volatility (annualized) | 19.2% | 18.0%Best |
| Max Drawdown | -25.0% | -24.1%Best |
| $10,000 over 2.6 years | $14,178Best | $12,961 |
| Top 10 Weight | 62.4% | 62.2%Best |
| Fund Family | First Trust Portfolios (US) | First Trust Portfolios (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jun 19, 2006 | Mar 20, 2024 |
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Mar 21, 2024 to Oct 14, 2026 (2.6 years).
FDN vs FDND growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.6 years both funds cover.
FDN vs FDND Performance
First Trust Dow Jones Internet Index Fund (FDN) is an ETF from First Trust Portfolios (US) and FT Vest Dow Jones Internet & Target Income ETF (FDND) is an ETF from First Trust Portfolios (US). Over the past year FDN returned +4.44% while FDND returned -2.05%. Year to date, FDN is up 9.58% versus a gain of 3.83% for FDND.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FDN has been the more volatile fund, with annualized monthly volatility of 19.2% compared with 18.0% for FDND. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -25.0% for FDN and -24.1% for FDND. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FDN charges 0.49% per year while FDND charges 0.75%. On a $10,000 position that is $49 vs $75 annually, a gap of $26 per year that compounds over a long holding period. On income, FDN currently yields 0.00% against 7.76% for FDND.
Holdings Overlap
99.9% of FDN's money is in holdings FDND also owns. 99.6% of FDND's money is in holdings FDN also owns.
Most of FDN is already inside FDND. Owning both mostly buys the same companies twice.
41 positions in common, counted across the 41 positions we hold weights for in FDN and 41 in FDND, against full books of 84 and 86.
Top Shared Holdings
| Stock | Weight in FDN | Weight in FDND | Difference |
|---|---|---|---|
| METAMeta Platforms Inc Class A | 10.99% | 10.96% | 0.03% |
| AMZNAmazon.Com Inc | 9.84% | 9.80% | 0.04% |
| CSCOCisco Systems Inc. - Ordinary Shares | 8.81% | 8.78% | 0.03% |
| GOOGLAlphabet Inc Cl A | 5.68% | 5.66% | 0.02% |
| NFLXNetflix, Inc | 5.48% | 5.46% | 0.02% |
| ANETArista Networks Inccommon Stock | 4.77% | 4.76% | 0.01% |
| GOOGAlphabet Inc Cl C | 4.56% | 4.55% | 0.01% |
| CRMSalesforce Inc | 4.27% | 4.26% | 0.01% |
| BKNGBooking Holdings Inc | 4.03% | 4.01% | 0.02% |
| SNOWSnowflake Inc | 3.98% | 3.97% | 0.01% |
99.9% of FDN is already inside FDND.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FDN or FDND?
FDN has an expense ratio of 0.49% while FDND charges 0.75%. FDN is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, FDN or FDND?
Over the past year FDN returned +4.44% vs -2.05% for FDND, so FDN leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FDN or FDND?
FDN has been the more volatile fund at 19.2% annualized versus 18.0% for FDND. Worst drawdown: FDN -25.0% vs FDND -24.1%.
Should I hold both FDN and FDND?
FDN and FDND have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between FDN and FDND?
99.9% of FDN's money is in holdings FDND also owns. 99.6% of FDND's is in holdings FDN also owns. They hold 41 positions in common, counted across the 41 positions we hold weights for in FDN and 41 in FDND.
Which pays a higher dividend, FDN or FDND?
FDN yields 0.00% while FDND yields 7.76%, so FDND currently pays the higher dividend yield.
Is FDND better than FDN?
FDN has a lower expense ratio. FDN led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.99. FDND is less concentrated, with 62.2% of the fund in its ten largest positions against 62.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.