CALF vs FDN: Holdings Overlap
CALFPacer US Small Cap Cash Cows 100 ETF
Pacer · 200 holdings · $3.7B · as of 2026-04-30
FDNFirst Trust Dow Jones Internet Index Fund
First Trust · 41 holdings · $5.3B · as of 2026-03-31
Holdings snapshots are 30 days apart (CALF: 2026-04-30, FDN: 2026-03-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are CALF and FDN?
Pacer US Small Cap Cash Cows 100 ETF (CALF, by Pacer) holds 200 positions; First Trust Dow Jones Internet Index Fund (FDN, by First Trust) holds 41. They have 7 holdings in common, and by portfolio weight the two funds are 3.4% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 7CALF holds 200 · FDN holds 41
- Weight in Shared Holdings
- CALF 8%·FDN 3%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in CALF
193 of 200 positions (91.8% of the fund) are not held by FDN. Showing the top 30 by weight.
Sector Breakdown
| Sector | CALF | FDN |
|---|---|---|
| Information Technology | 26.3% | 38.1% |
| Communication Services | 9.5% | 29.8% |
| Consumer Discretionary | 28.3% | 26.9% |
| Energy | 9.6% | 0.0% |
| Health Care | 9.1% | 1.4% |
| Other Sectors | 16.3% | 3.8% |
| Unclassified | 0.9% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (1% of CALF, 0% of FDN).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| CALF | +8.4% | +27.1% | +42.3% | +9.9% | +6.8% | — | 1.08% |
| FDN | +6.5% | +7.5% | +6.5% | +19.6% | +3.6% | +13.9% | — |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in CALF vs FDN →
Shared Holdings(7)
The top 7 shared positions account for 100% of the overlap, led by ZM, GDDY and NTNX.
 ZMZoom Communications Inc. CL A | 2.41% | 1.13% | 1.13% |
|---|---|---|---|
 GDDYGodaddy Inc CL A | 1.91% | 0.59% | 0.59% |
 NTNXNutanix Inc CL A | 0.92% | 0.54% | 0.54% |
 DOCUDocusign Inc COM | 1.10% | 0.50% | 0.50% |
 DBXDropbox Inc CL A | 0.97% | 0.21% | 0.21% |
 DUOLDuolingo Inc CL A COM | 0.46% | 0.21% | 0.21% |
 BOXBox Inc. CL A | 0.35% | 0.18% | 0.18% |
Frequently Asked Questions
How much do CALF and FDN overlap?
CALF and FDN overlap by 3.4% of portfolio weight. They share 7 holdings (CALF holds 200 positions and FDN holds 41), based on each fund's latest SEC-reported holdings.
Is it redundant to own both CALF and FDN?
The two portfolios are 3.4% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of CALF and FDN?
The largest positions held by both funds are ZM, GDDY, NTNX, DOCU and DBX. Together the top 7 shared positions account for 100% of the total overlap.
What does CALF own that FDN doesn't?
193 positions (91.8% of CALF) are unique to CALF, led by SNX, APA and NTAP. In the other direction, 34 positions (96.6% of FDN) are unique to FDN.