FDN vs SPGP: Holdings Overlap
FDNFirst Trust Dow Jones Internet Index Fund
First Trust · 41 holdings · $5.3B · as of 2026-03-31
Invesco · 73 holdings · $2.3B · as of 2026-04-30
Holdings snapshots are 30 days apart (FDN: 2026-03-31, SPGP: 2026-04-30). 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 SPGP?
First Trust Dow Jones Internet Index Fund (FDN, by First Trust) holds 41 positions; Invesco S&P 500 GARP ETF (SPGP, by Invesco) holds 73. They have 6 holdings in common, and by portfolio weight the two funds are 10.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 10.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 6FDN holds 41 · SPGP holds 73
- Weight in Shared Holdings
- FDN 32%·SPGP 10%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
35 of 41 positions (68.3% of the fund) are not held by SPGP. Showing the top 30 by weight.
Sector Breakdown
| Sector | FDN | SPGP |
|---|---|---|
| Information Technology | 38.1% | 18.0% |
| Communication Services | 29.8% | 6.6% |
| Consumer Discretionary | 26.9% | 18.0% |
| Financials | 2.2% | 25.7% |
| Industrials | 1.6% | 18.1% |
| Other Sectors | 1.4% | 13.6% |
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% | — |
| SPGP | +3.2% | +13.3% | +20.4% | +12.0% | +8.3% | +15.2% | 0.79% |
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 SPGP →
Shared Holdings(6)
The top 6 shared positions account for 100% of the overlap, led by ANET, ABNB and EBAY.
 ANETArista Networks Inc COM SHS | 4.18% | 2.60% | 2.60% |
|---|---|---|---|
 ABNBAirbnb, Inc., Class A | 2.82% | 2.25% | 2.25% |
 EBAYeBay Inc. COM | 2.17% | 2.05% | 2.05% |
 GOOGAlphabet Inc. CAP STK CL C | 4.33% | 1.15% | 1.15% |
 METAMeta Platforms, Inc., Class A | 9.14% | 1.02% | 1.02% |
 NFLXNetflix, Inc. COM | 8.98% | 0.92% | 0.92% |
Frequently Asked Questions
How much do FDN and SPGP overlap?
FDN and SPGP overlap by 10.0% of portfolio weight. They share 6 holdings (FDN holds 41 positions and SPGP holds 73), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FDN and SPGP?
The two portfolios are 10.0% 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 SPGP?
The largest positions held by both funds are ANET, ABNB, EBAY, GOOG and META. Together the top 6 shared positions account for 100% of the total overlap.
What does FDN own that SPGP doesn't?
35 positions (68.3% of FDN) are unique to FDN, led by AMZN, CSCO and GOOGL. In the other direction, 67 positions (90.0% of SPGP) are unique to SPGP.