FDN vs AIQ: Holdings Overlap
FDNFirst Trust Dow Jones Internet Index Fund
First Trust · 41 holdings · $5.3B · as of 2026-03-31
AIQGlobal X Artificial Intelligence & Technology ETF
Global X · 84 holdings · $10.3B · as of 2026-05-31
Holdings snapshots are 61 days apart (FDN: 2026-03-31, AIQ: 2026-05-31). 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 FDN and AIQ?
First Trust Dow Jones Internet Index Fund (FDN, by First Trust) holds 41 positions; Global X Artificial Intelligence & Technology ETF (AIQ, by Global X) holds 84. They have 11 holdings in common, and by portfolio weight the two funds are 17.4% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 17.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 11FDN holds 41 · AIQ holds 84
- Weight in Shared Holdings
- FDN 53%·AIQ 17%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 FDN
30 of 41 positions (46.9% of the fund) are not held by AIQ.
Sector Breakdown
| Sector | FDN | AIQ |
|---|---|---|
| Information Technology | 38.1% | 73.2% |
| Communication Services | 29.8% | 11.0% |
| Consumer Discretionary | 26.9% | 7.0% |
| Industrials | 1.6% | 4.4% |
| Financials | 2.2% | 0.0% |
| Other Sectors | 1.4% | 0.2% |
| Unclassified | 0.0% | 4.1% |
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 (0% of FDN, 4% of AIQ).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FDN | +6.5% | +7.5% | +6.5% | +19.6% | +3.6% | +13.9% | — |
| AIQ | +2.0% | +24.6% | +41.8% | +30.6% | +15.7% | — | 0.07% |
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 FDN vs AIQ →
Shared Holdings(11)
The top 10 shared positions account for 99% of the overlap, led by CSCO, AMZN and GOOGL.
 CSCOCisco Systems, Inc. COM | 6.78% | 3.82% | 3.82% |
|---|---|---|---|
 AMZNAmazon.com, Inc. COM | 10.25% | 2.73% | 2.73% |
 GOOGLAlphabet Inc. CAP STK CL A | 5.41% | 2.72% | 2.72% |
 NFLXNetflix, Inc. COM | 8.98% | 2.43% | 2.43% |
 METAMeta Platforms, Inc., Class A | 9.14% | 2.30% | 2.30% |
 CRMSalesforce Inc. COM | 4.53% | 1.31% | 1.31% |
 SNOWSnowflake, Inc., Class A | 2.72% | 0.64% | 0.64% |
 DDOGDatadog, Inc., Class A | 2.04% | 0.59% | 0.59% |
 OKTAOkta Inc. Class A | 0.70% | 0.32% | 0.32% |
 CRWVCoreWeave, Inc., Class A | 0.99% | 0.31% | 0.31% |
 WDAYWorkday, Inc., Class A | 1.46% | 0.23% | 0.23% |
Frequently Asked Questions
How much do FDN and AIQ overlap?
FDN and AIQ overlap by 17.4% of portfolio weight. They share 11 holdings (FDN holds 41 positions and AIQ holds 84), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FDN and AIQ?
The two portfolios are 17.4% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of FDN and AIQ?
The largest positions held by both funds are CSCO, AMZN, GOOGL, NFLX and META. Together the top 10 shared positions account for 99% of the total overlap.
What does FDN own that AIQ doesn't?
30 positions (46.9% of FDN) are unique to FDN, led by BKNG, GOOG and ANET. In the other direction, 73 positions (82.5% of AIQ) are unique to AIQ.