FDN vs VBK: Holdings Overlap
FDNFirst Trust Dow Jones Internet Index Fund
First Trust · 41 holdings · $5.3B · as of 2026-03-31
VBKVanguard Small-cap Growth Index Fund
Vanguard · 551 holdings · $24.3B · as of 2026-03-31
How similar are FDN and VBK?
First Trust Dow Jones Internet Index Fund (FDN, by First Trust) holds 41 positions; Vanguard Small-cap Growth Index Fund (VBK, by Vanguard) holds 551. They have 13 holdings in common, and by portfolio weight the two funds are 3.7% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 13FDN holds 41 · VBK holds 551
- Weight in Shared Holdings
- FDN 8%·VBK 4%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
28 of 41 positions (91.8% of the fund) are not held by VBK.
Sector Breakdown
| Sector | FDN | VBK |
|---|---|---|
| Information Technology | 38.1% | 21.6% |
| Communication Services | 29.8% | 4.2% |
| Consumer Discretionary | 26.9% | 9.9% |
| Industrials | 1.6% | 24.6% |
| Health Care | 1.4% | 16.1% |
| Other Sectors | 2.2% | 22.4% |
| Unclassified | 0.0% | 0.9% |
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. “Unclassified” is weight we could not classify (0% of FDN, 1% of VBK).
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% | — |
| VBK | +1.8% | +19.6% | +29.4% | +16.6% | +5.3% | +11.4% | 0.42% |
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 VBK →
Shared Holdings(13)
The top 10 shared positions account for 92% of the overlap, led by CIEN, OKTA and NTNX.
 CIENCiena Corporation COM NEW | 2.89% | 0.92% | 0.92% |
|---|---|---|---|
 OKTAOkta Inc. Class A | 0.70% | 0.44% | 0.44% |
 NTNXNutanix, Inc., Class A | 0.54% | 0.34% | 0.34% |
 IOTSamsara, Inc., Class A | 0.60% | 0.34% | 0.34% |
 DKNGDraftKings, Inc., Class A | 0.56% | 0.34% | 0.34% |
 DOCUDocusign, Inc., Class A | 0.50% | 0.32% | 0.32% |
 HUBSHubspot Inc COM | 0.68% | 0.20% | 0.20% |
 PAYCPaycom Software Inc COM | 0.31% | 0.19% | 0.19% |
 GDDYGoDaddy, Inc., Class A | 0.59% | 0.18% | 0.18% |
 DUOLDuolingo, Inc., Class A | 0.21% | 0.12% | 0.12% |
 DBXDropbox, Inc., Class A | 0.21% | 0.11% | 0.11% |
 BOXBox, Inc., Class A | 0.18% | 0.11% | 0.11% |
 MARAMara Holdings Inc COM | 0.16% | 0.09% | 0.09% |
Frequently Asked Questions
How much do FDN and VBK overlap?
FDN and VBK overlap by 3.7% of portfolio weight. They share 13 holdings (FDN holds 41 positions and VBK holds 551), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FDN and VBK?
The two portfolios are 3.7% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of FDN and VBK?
The largest positions held by both funds are CIEN, OKTA, NTNX, IOT and DKNG. Together the top 10 shared positions account for 92% of the total overlap.
What does FDN own that VBK doesn't?
28 positions (91.8% of FDN) are unique to FDN, led by AMZN, META and NFLX. In the other direction, 538 positions (96.0% of VBK) are unique to VBK.