FDN vs VGT: Holdings Overlap
FDNFirst Trust Dow Jones Internet Index Fund
First Trust · 41 holdings · $5.3B · as of 2026-03-31
VGTVanguard Information Technology Index Fund
Vanguard · 317 holdings · $147.3B · as of 2026-05-31
Holdings snapshots are 61 days apart (FDN: 2026-03-31, VGT: 2026-05-31). 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 VGT?
First Trust Dow Jones Internet Index Fund (FDN, by First Trust) holds 41 positions; Vanguard Information Technology Index Fund (VGT, by Vanguard) holds 317. They have 23 holdings in common, and by portfolio weight the two funds are 6.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 6.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 23FDN holds 41 · VGT holds 317
- Weight in Shared Holdings
- FDN 38%·VGT 6%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
18 of 41 positions (62.2% of the fund) are not held by VGT.
Sector Breakdown
| Sector | FDN | VGT |
|---|---|---|
| Information Technology | 38.1% | 99.0% |
| Communication Services | 29.8% | 0.6% |
| Consumer Discretionary | 26.9% | 0.1% |
| Financials | 2.2% | 0.1% |
| Industrials | 1.6% | 0.1% |
| 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% | — |
| VGT | +6.5% | +29.2% | +40.8% | +31.3% | +19.3% | +24.7% | 0.36% |
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 VGT →
Shared Holdings(23)
The top 10 shared positions account for 81% of the overlap, led by CSCO, CRM and ANET.
 CSCOCisco Systems, Inc. COM | 6.78% | 1.85% | 1.85% |
|---|---|---|---|
 CRMSalesforce Inc. COM | 4.53% | 0.69% | 0.69% |
 ANETArista Networks Inc COM SHS | 4.18% | 0.69% | 0.69% |
 CIENCiena Corporation COM NEW | 2.89% | 0.37% | 0.37% |
 DDOGDatadog, Inc., Class A | 2.04% | 0.36% | 0.36% |
 SNOWSnowflake, Inc., Class A | 2.72% | 0.36% | 0.36% |
 NETCloudflare, Inc., Class A | 3.45% | 0.34% | 0.34% |
 OKTAOkta Inc. Class A | 0.70% | 0.16% | 0.16% |
 AKAMAkamai Technologies, Inc. COM | 0.87% | 0.16% | 0.16% |
 ZMZoom Communications, Inc., Class A | 1.13% | 0.16% | 0.16% |
 WDAYWorkday, Inc., Class A | 1.46% | 0.15% | 0.15% |
 FFIVF5 Inc COM | 0.86% | 0.15% | 0.15% |
 VRSNVerisign, Inc. COM | 1.08% | 0.14% | 0.14% |
 TEAMAtlassian Corporation CL A | 0.61% | 0.11% | 0.11% |
 NTNXNutanix, Inc., Class A | 0.54% | 0.10% | 0.10% |
 IOTSamsara, Inc., Class A | 0.60% | 0.09% | 0.09% |
 GDDYGoDaddy, Inc., Class A | 0.59% | 0.09% | 0.09% |
 DOCUDocusign, Inc., Class A | 0.50% | 0.09% | 0.09% |
 DBXDropbox, Inc., Class A | 0.21% | 0.07% | 0.07% |
 HUBSHubspot Inc COM | 0.68% | 0.07% | 0.07% |
 MARAMara Holdings Inc COM | 0.16% | 0.07% | 0.07% |
 BOXBox, Inc., Class A | 0.18% | 0.06% | 0.06% |
 CRWVCoreWeave, Inc., Class A | 0.99% | 0.00% | 0.00% |
Frequently Asked Questions
How much do FDN and VGT overlap?
FDN and VGT overlap by 6.3% of portfolio weight. They share 23 holdings (FDN holds 41 positions and VGT holds 317), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FDN and VGT?
The two portfolios are 6.3% 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 VGT?
The largest positions held by both funds are CSCO, CRM, ANET, CIEN and DDOG. Together the top 10 shared positions account for 81% of the total overlap.
What does FDN own that VGT doesn't?
18 positions (62.2% of FDN) are unique to FDN, led by AMZN, META and NFLX. In the other direction, 294 positions (93.5% of VGT) are unique to VGT.