FDN vs ONEQ overlap - what they share and where they differ

FDN and ONEQ share 22.0% of their weight across 25 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.

FDN and ONEQ

22.0%

25 shared positions

FDN

First Trust Dow Jones Internet Index Fund

Reported positions cover 100% of the fund, 40 positions · Jun 30, 2026

Top 10: 64.6%·Holdings of FDN

ONEQ

Fidelity Nasdaq Composite Index ETF

Reported positions cover 99% of the fund, 992 positions · May 31, 2026

Top 10: 59.6%·Holdings of ONEQ

Reported positions cover FDN 100%, ONEQ 99% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

ONEQ vs FDN side by side

FDNFirst Trust Dow Jones Internet Index Fund

40

stock positions reported to the SEC

30.4% of its weight is in 15 names ONEQ does not hold

ONEQFidelity Nasdaq Composite Index ETF

992

stock positions reported to the SEC

77.5% of its weight is in 967 names FDN does not hold

Where each fund's weight sits

FDN
ONEQ
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
70.3%
66.5%
Consumer Cyclical
22.4%
12.6%
Healthcare
1.1%
4.4%
Communication Services
4.4%
0.0%
Consumer Defensive
0.0%
4.3%
Financial Services
1.7%
2.6%

The widest gap is Consumer Cyclical: FDN has 9.8 points more of it.

The figures side by side

FDNONEQ
Filing dateJun 30, 2026May 31, 2026
Stock positions reported40992
Weight of the ten largest64.6%59.6%
Largest positionGOOGL 10.0%NVDA 11.2%
Held alone15 positions, 30.4%967 positions, 77.5%
Covered by stock positions100%99%

Holdings they share

StockIn FDNIn ONEQCounted
GOOGLALPHABET INC9.98%9.29%9.29%
AMZNAMAZON.COM INC9.98%6.33%6.33%
METAMETA PLATFORMS INC9.83%3.01%3.01%
CSCOCISCO SYSTEMS INC8.54%1.03%1.03%
NFLXNETFLIX INC3.90%0.79%0.79%
BKNGBOOKING HOLDINGS INC4.98%0.29%0.29%
DDOGDATADOG INC3.53%0.18%0.18%
DASHDOORDASH INC2.87%0.14%0.14%
ABNBAIRBNB INC2.45%0.12%0.12%
CRWVCOREWEAVE INC1.08%0.11%0.11%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in FDN

ANETARISTA NETWORKS INC5.02%
ORCLORACLE CORP4.59%
CRMSALESFORCE INC4.11%
SNOWSNOWFLAKE INC3.61%
NETCLOUDFLARE INC3.22%
CIENCIENA CORP2.85%
CVNACARVANA COMPANY1.94%
RBLXROBLOX CORP1.50%
VEEVVEEVA SYSTEMS INC1.10%
FLUTFLUTTER ENTERTAINMENT PLC0.73%

Only in ONEQ

NVDANVIDIA CORP11.18%
AAPLAPPLE INC9.98%
MSFTMICROSOFT CORP7.29%
AVGOBROADCOM INC4.61%
TSLATESLA INC3.56%
MUMICRON TECHNOLOGY INC2.37%
WMTWALMART INC2.01%
AMDADVANCED MICRO DEVICES INC1.83%
INTCINTEL CORP1.24%
COSTCOSTCO WHOLESALE CORP0.92%

Questions people ask

Is FDN the same as ONEQ?

22.0% of their weight sits in the same 25 holdings. FDN also reports ANET, ORCL, CRM, which the other does not. ONEQ also reports NVDA, AAPL, MSFT, which the other does not.

How is the overlap between FDN and ONEQ measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of FDN and 99% of ONEQ, so the number cannot exceed the smaller coverage.

Which holds more, ONEQ or FDN?

FDN reports 40 stock positions and ONEQ reports 992. 30.4% of FDN's weight sits in names ONEQ does not hold, and 77.5% of ONEQ's weight in names FDN does not hold. The ten largest positions are 64.6% of FDN and 59.6% of ONEQ.

How do FDN and ONEQ differ by sector?

The widest gap is Consumer Cyclical: FDN has 9.8 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.

Where do the numbers come from?

From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.

Add a third fund in the tool·All fund pairs

Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.