FDN vs IGV: Holdings Overlap
FDNFirst Trust Dow Jones Internet Index Fund
First Trust · 41 holdings · $5.3B · as of 2026-03-31
IGViShares Expanded Tech-Software Sector ETF
iShares · 112 holdings · $14.7B · as of 2026-03-31
How similar are FDN and IGV?
First Trust Dow Jones Internet Index Fund (FDN, by First Trust) holds 41 positions; iShares Expanded Tech-Software Sector ETF (IGV, by iShares) holds 112. They have 12 holdings in common, and by portfolio weight the two funds are 11.1% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 11.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 12FDN holds 41 · IGV holds 112
- Weight in Shared Holdings
- FDN 13%·IGV 14%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
29 of 41 positions (87.3% of the fund) are not held by IGV.
Sector Breakdown
| Sector | FDN | IGV |
|---|---|---|
| Information Technology | 38.1% | 90.6% |
| Communication Services | 29.8% | 8.2% |
| Consumer Discretionary | 26.9% | 0.2% |
| Financials | 2.2% | 0.2% |
| Industrials | 1.6% | 0.2% |
| Other Sectors | 1.4% | 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.
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% | — |
| IGV | +9.1% | -2.8% | -6.3% | +13.8% | +4.6% | +16.7% | 0.02% |
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 IGV →
Shared Holdings(12)
The top 10 shared positions account for 98% of the overlap, led by CRM, DDOG and WDAY.
 CRMSalesforce Inc. COM | 4.53% | 7.40% | 4.53% |
|---|---|---|---|
 DDOGDatadog, Inc., Class A | 2.04% | 1.66% | 1.66% |
 WDAYWorkday, Inc., Class A | 1.46% | 1.18% | 1.18% |
 ZMZoom Communications Inc. CL A | 1.13% | 0.91% | 0.91% |
 HUBSHubspot Inc COM | 0.68% | 0.55% | 0.55% |
 TEAMAtlassian Corporation CL A | 0.61% | 0.50% | 0.50% |
 IOTSamsara, Inc., Class A | 0.60% | 0.49% | 0.49% |
 NTNXNutanix, Inc., Class A | 0.54% | 0.44% | 0.44% |
 DOCUDocusign Inc COM | 0.50% | 0.41% | 0.41% |
 DBXDropbox, Inc., Class A | 0.21% | 0.17% | 0.17% |
 BOXBox, Inc., Class A | 0.18% | 0.14% | 0.14% |
 MARAMara Holdings Inc COM | 0.16% | 0.13% | 0.13% |
Frequently Asked Questions
How much do FDN and IGV overlap?
FDN and IGV overlap by 11.1% of portfolio weight. They share 12 holdings (FDN holds 41 positions and IGV holds 112), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FDN and IGV?
The two portfolios are 11.1% 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 IGV?
The largest positions held by both funds are CRM, DDOG, WDAY, ZM and HUBS. Together the top 10 shared positions account for 98% of the total overlap.
What does FDN own that IGV doesn't?
29 positions (87.3% of FDN) are unique to FDN, led by AMZN, META and NFLX. In the other direction, 100 positions (86.0% of IGV) are unique to IGV.