FDN vs VOO: Holdings Overlap
FDNFirst Trust Dow Jones Internet Index Fund
First Trust · 41 holdings · $5.3B · as of 2026-03-31
Vanguard · 504 holdings · $1.03T · as of 2026-03-31
How similar are FDN and VOO?
First Trust Dow Jones Internet Index Fund (FDN, by First Trust) holds 41 positions; Vanguard 500 Index Fund (VOO, by Vanguard) holds 504. They have 22 holdings in common, and by portfolio weight the two funds are 14.1% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 14.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 22FDN holds 41 · VOO holds 504
- Weight in Shared Holdings
- FDN 82%·VOO 14%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
19 of 41 positions (17.9% of the fund) are not held by VOO.
Sector Breakdown
| Sector | FDN | VOO |
|---|---|---|
| Information Technology | 38.1% | 32.7% |
| Communication Services | 29.8% | 10.5% |
| Consumer Discretionary | 26.9% | 9.9% |
| Financials | 2.2% | 12.4% |
| Health Care | 1.4% | 9.5% |
| Other Sectors | 1.6% | 24.9% |
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% | — |
| VOO | +3.4% | +14.0% | +23.7% | +21.3% | +13.4% | +15.4% | 1.03% |
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 VOO →
Shared Holdings(22)
The top 10 shared positions account for 95% of the overlap, led by AMZN, GOOGL and GOOG.
 AMZNAmazon.com, Inc. COM | 10.25% | 3.64% | 3.64% |
|---|---|---|---|
 GOOGLAlphabet Inc. CAP STK CL A | 5.41% | 2.99% | 2.99% |
 GOOGAlphabet Inc. CAP STK CL C | 4.33% | 2.40% | 2.40% |
 METAMeta Platforms, Inc., Class A | 9.14% | 2.24% | 2.24% |
 NFLXNetflix, Inc. COM | 8.98% | 0.73% | 0.73% |
 CSCOCisco Systems, Inc. COM | 6.78% | 0.55% | 0.55% |
 CRMSalesforce Inc. COM | 4.53% | 0.31% | 0.31% |
 BKNGBooking Holdings Inc COM | 4.59% | 0.24% | 0.24% |
 ANETArista Networks Inc COM SHS | 4.18% | 0.23% | 0.23% |
 DASHDoorDash, Inc., Class A | 2.96% | 0.10% | 0.10% |
 CIENCiena Corporation COM NEW | 2.89% | 0.10% | 0.10% |
 ABNBAirbnb, Inc., Class A | 2.82% | 0.10% | 0.10% |
 CVNACarvana Co., Class A | 2.35% | 0.08% | 0.08% |
 EBAYeBay Inc. COM | 2.17% | 0.07% | 0.07% |
 PYPLPaypal Holdings Inc. COM | 2.20% | 0.07% | 0.07% |
 DDOGDatadog, Inc., Class A | 2.04% | 0.07% | 0.07% |
 CPRTCopart Inc COM | 1.56% | 0.05% | 0.05% |
 WDAYWorkday, Inc., Class A | 1.46% | 0.05% | 0.05% |
 VRSNVerisign, Inc. COM | 1.08% | 0.04% | 0.04% |
 AKAMAkamai Technologies, Inc. COM | 0.87% | 0.03% | 0.03% |
 FFIVF5 Inc COM | 0.86% | 0.03% | 0.03% |
 GDDYGoDaddy, Inc., Class A | 0.59% | 0.02% | 0.02% |
Frequently Asked Questions
How much do FDN and VOO overlap?
FDN and VOO overlap by 14.1% of portfolio weight. They share 22 holdings (FDN holds 41 positions and VOO holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FDN and VOO?
The two portfolios are 14.1% 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 VOO?
The largest positions held by both funds are AMZN, GOOGL, GOOG, META and NFLX. Together the top 10 shared positions account for 95% of the total overlap.
What does FDN own that VOO doesn't?
19 positions (17.9% of FDN) are unique to FDN, led by NET, SNOW and RBLX. In the other direction, 482 positions (85.6% of VOO) are unique to VOO.