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

FDN and XLG share 23.8% of their weight across 7 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 XLG

23.8%

7 shared positions

FDN

First Trust Dow Jones Internet Index Fund

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

Top 10: 64.5%·Holdings of FDN

XLG

Invesco S&P 500 Top 50 ETF

Reported positions cover 100% of the fund, 50 positions · Apr 30, 2026

Top 10: 65.6%·Holdings of XLG

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

XLG vs FDN side by side

FDNFirst Trust Dow Jones Internet Index Fund

40

stock positions reported to the SEC

49.0% of its weight is in 33 names XLG does not hold

XLGInvesco S&P 500 Top 50 ETF

50

stock positions reported to the SEC

74.9% of its weight is in 43 names FDN does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Technology
73.4%
59.2%
Consumer Cyclical
15.4%
12.0%
Financial Services
1.7%
7.3%
Healthcare
0.0%
7.0%
Consumer Defensive
0.0%
5.1%
Industrials
5.0%
0.0%

The widest gap is Technology: FDN has 14.2 points more of it.

The figures side by side

FDNXLG
Filing dateJun 30, 2026Apr 30, 2026
Stock positions reported4050
Weight of the ten largest64.5%65.6%
Largest positionAMZN 10.0%NVDA 13.0%
Held alone33 positions, 49.0%43 positions, 74.9%
Covered by stock positions100%100%

Holdings they share

StockIn FDNIn XLGCounted
GOOGLALPHABET INC9.98%10.83%9.98%
AMZNAMAZON.COM INC9.98%6.96%6.96%
METAMETA PLATFORMS INC9.83%3.60%3.60%
NFLXNETFLIX INC3.90%1.06%1.06%
CSCOCISCO SYSTEMS INC8.54%0.97%0.97%
ORCLORACLE CORP4.59%0.74%0.74%
CRMSALESFORCE INC4.11%0.45%0.45%

What each holds alone

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

Only in FDN

ANETARISTA NETWORKS INC5.02%
BKNGBOOKING HOLDINGS INC4.98%
SNOWSNOWFLAKE INC3.61%
DDOGDATADOG INC3.53%
NETCLOUDFLARE INC3.22%
DASHDOORDASH INC2.87%
CIENCIENA CORP2.85%
ABNBAIRBNB INC2.45%
EBAYEBAY INC2.04%
CVNACARVANA COMPANY1.94%

Only in XLG

NVDANVIDIA Corp.13.04%
AAPLApple Inc.10.71%
MSFTMicrosoft Corp.8.14%
AVGOBroadcom Inc.4.83%
TSLATesla, Inc.2.89%
BRK.ABerkshire Hathaway Inc.2.34%
JPMORGAN CHASE & CO.2.27%
LLYEli Lilly and Co.1.99%
EXXON MOBIL CORP.1.73%
WMTWalmart Inc.1.56%

Questions people ask

Is FDN the same as XLG?

23.8% of their weight sits in the same 7 holdings. FDN also reports ANET, BKNG, SNOW, which the other does not. XLG also reports NVDA, AAPL, MSFT, which the other does not.

How is the overlap between FDN and XLG 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 100% of XLG, so the number cannot exceed the smaller coverage.

Which holds more, XLG or FDN?

FDN reports 40 stock positions and XLG reports 50. 49.0% of FDN's weight sits in names XLG does not hold, and 74.9% of XLG's weight in names FDN does not hold. The ten largest positions are 64.5% of FDN and 65.6% of XLG.

How do FDN and XLG differ by sector?

The widest gap is Technology: FDN has 14.2 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.