XLC vs FDN: Holdings Overlap
XLCState Street® Communication Services Select Sector SPDR® ETF
State Street (SPDR) · 23 holdings · $21.7B · as of 2026-08-06
FDNFirst Trust Dow Jones Internet Index Fund
First Trust · 41 holdings · $5.3B · as of 2026-03-31
Holdings snapshots are 128 days apart (XLC: 2026-08-06, FDN: 2026-03-31). 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 XLC and FDN?
State Street® Communication Services Select Sector SPDR® ETF (XLC, by State Street (SPDR)) holds 23 positions; First Trust Dow Jones Internet Index Fund (FDN, by First Trust) holds 41. They have 4 holdings in common, and by portfolio weight the two funds are 23.4% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 23.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 4XLC holds 23 · FDN holds 41
- Weight in Shared Holdings
- XLC 42%·FDN 28%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 XLC
19 of 23 positions (57.9% of the fund) are not held by FDN.
Sector Breakdown
| Sector | XLC | FDN |
|---|---|---|
| Communication Services | 99.8% | 29.8% |
| Information Technology | 0.0% | 38.1% |
| Consumer Discretionary | 0.0% | 26.9% |
| Financials | 0.0% | 2.2% |
| Industrials | 0.0% | 1.6% |
| Other Sectors | 0.0% | 1.4% |
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 |
|---|---|---|---|---|---|---|---|
| XLC | +0.2% | -5.0% | +5.0% | +19.1% | +7.2% | — | 1.29% |
| FDN | +6.5% | +7.5% | +6.5% | +19.6% | +3.6% | +13.9% | — |
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 XLC vs FDN →
Shared Holdings(4)
The top 4 shared positions account for 100% of the overlap, led by META, GOOGL and NFLX.
Frequently Asked Questions
How much do XLC and FDN overlap?
XLC and FDN overlap by 23.4% of portfolio weight. They share 4 holdings (XLC holds 23 positions and FDN holds 41), based on each fund's latest SEC-reported holdings.
Is it redundant to own both XLC and FDN?
The two portfolios are 23.4% 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 XLC and FDN?
The largest positions held by both funds are META, GOOGL, NFLX and GOOG. Together the top 4 shared positions account for 100% of the total overlap.
What does XLC own that FDN doesn't?
19 positions (57.9% of XLC) are unique to XLC, led by T, VZ and DIS. In the other direction, 37 positions (72.1% of FDN) are unique to FDN.