FDN vs QTEC: Holdings Overlap
FDNFirst Trust Dow Jones Internet Index Fund
First Trust · 41 holdings · $5.3B · as of 2026-03-31
QTECFirst Trust NASDAQ-100-Technology Sector Index Fund
First Trust · 45 holdings · $4.8B · as of 2026-03-31
How similar are FDN and QTEC?
First Trust Dow Jones Internet Index Fund (FDN, by First Trust) holds 41 positions; First Trust NASDAQ-100-Technology Sector Index Fund (QTEC, by First Trust) holds 45. They have 7 holdings in common, and by portfolio weight the two funds are 10.8% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 10.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 7FDN holds 41 · QTEC holds 45
- Weight in Shared Holdings
- FDN 26%·QTEC 13%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
34 of 41 positions (74.0% of the fund) are not held by QTEC. Showing the top 30 by weight.
Only in QTEC
38 of 45 positions (86.8% of the fund) are not held by FDN. Showing the top 30 by weight.
Sector Breakdown
| Sector | FDN | QTEC |
|---|---|---|
| Information Technology | 38.1% | 86.5% |
| Communication Services | 29.8% | 6.5% |
| Consumer Discretionary | 26.9% | 4.7% |
| Industrials | 1.6% | 2.2% |
| Financials | 2.2% | 0.0% |
| 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% | — |
| QTEC | +1.7% | +37.5% | +49.6% | +28.1% | +14.1% | +21.4% | 0.01% |
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 QTEC →
Shared Holdings(7)
The top 7 shared positions account for 100% of the overlap, led by META, DASH and DDOG.
 METAMeta Platforms Inc CL A | 9.14% | 2.23% | 2.23% |
|---|---|---|---|
 DASHDoorDash Inc CL A | 2.96% | 2.22% | 2.22% |
 DDOGDatadog Inc CL A COM | 2.04% | 2.19% | 2.04% |
 WDAYWorkday Inc CL A | 1.46% | 2.21% | 1.46% |
 GOOGAlphabet Inc. CAP STK CL C | 4.33% | 1.11% | 1.11% |
 GOOGLAlphabet Inc. CAP STK CL A | 5.41% | 1.11% | 1.11% |
 TEAMAtlassian Corporation CL A | 0.61% | 2.14% | 0.61% |
Frequently Asked Questions
How much do FDN and QTEC overlap?
FDN and QTEC overlap by 10.8% of portfolio weight. They share 7 holdings (FDN holds 41 positions and QTEC holds 45), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FDN and QTEC?
The two portfolios are 10.8% 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 QTEC?
The largest positions held by both funds are META, DASH, DDOG, WDAY and GOOG. Together the top 7 shared positions account for 100% of the total overlap.
What does FDN own that QTEC doesn't?
34 positions (74.0% of FDN) are unique to FDN, led by AMZN, NFLX and CSCO. In the other direction, 38 positions (86.8% of QTEC) are unique to QTEC.