FDN vs MOAT: Holdings Overlap
FDNFirst Trust Dow Jones Internet Index Fund
First Trust · 41 holdings · $5.3B · as of 2026-03-31
MOATVanEck Morningstar Wide Moat ETF
VanEck · 57 holdings · $12.2B · as of 2026-03-31
How similar are FDN and MOAT?
First Trust Dow Jones Internet Index Fund (FDN, by First Trust) holds 41 positions; VanEck Morningstar Wide Moat ETF (MOAT, by VanEck) holds 57. They have 8 holdings in common, and by portfolio weight the two funds are 10.5% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 10.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 8FDN holds 41 · MOAT holds 57
- Weight in Shared Holdings
- FDN 33%·MOAT 11%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
33 of 41 positions (66.7% of the fund) are not held by MOAT. Showing the top 30 by weight.
Sector Breakdown
| Sector | FDN | MOAT |
|---|---|---|
| Information Technology | 38.1% | 25.5% |
| Communication Services | 29.8% | 2.3% |
| Consumer Discretionary | 26.9% | 7.6% |
| Industrials | 1.6% | 19.3% |
| Consumer Staples | 0.0% | 18.3% |
| Other Sectors | 3.6% | 26.9% |
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% | — |
| MOAT | +5.9% | +8.4% | +18.6% | +12.6% | +9.4% | +13.9% | 1.25% |
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 MOAT →
Shared Holdings(8)
The top 8 shared positions account for 100% of the overlap, led by ABNB, AMZN and DDOG.
 ABNBAirbnb Inc COM CL A | 2.82% | 2.64% | 2.64% |
|---|---|---|---|
 AMZNAmazon.com, Inc. COM | 10.25% | 1.31% | 1.31% |
 DDOGDatadog Inc CL A COM | 2.04% | 1.23% | 1.23% |
 VEEVVeeva Systems Inc CL A COM | 1.40% | 1.21% | 1.21% |
 CPRTCopart Inc COM | 1.56% | 1.19% | 1.19% |
 METAMeta Platforms Inc CL A | 9.14% | 1.14% | 1.14% |
 CRMSalesforce Inc. COM | 4.53% | 0.98% | 0.98% |
 WDAYWorkday Inc CL A | 1.46% | 0.80% | 0.80% |
Frequently Asked Questions
How much do FDN and MOAT overlap?
FDN and MOAT overlap by 10.5% of portfolio weight. They share 8 holdings (FDN holds 41 positions and MOAT holds 57), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FDN and MOAT?
The two portfolios are 10.5% 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 MOAT?
The largest positions held by both funds are ABNB, AMZN, DDOG, VEEV and CPRT. Together the top 8 shared positions account for 100% of the total overlap.
What does FDN own that MOAT doesn't?
33 positions (66.7% of FDN) are unique to FDN, led by NFLX, CSCO and GOOGL. In the other direction, 49 positions (89.4% of MOAT) are unique to MOAT.