FDN vs XLC: holdings overlap, shared companies and scores
As of October 28, 2026, FDN and XLC overlap 24.4% by weight. First Trust Dow Jones Internet Index Fund (FDN): U.S. internet-revenue companies. State Street Communication Services Select Sector SPDR ETF (XLC): U.S. communication services.
Updated October 28, 2026
Where FDN and XLC trade against their own history
FDN trades at 23.2 times earnings, against its own median of 32.2, and is cheaper than 97% of its own last 9 years.
XLC trades at 15.3 times earnings, against its own median of 20.8, and is cheaper than 96% of its own last 8 years.
What moved FDN and XLC this week
FDN fell 1.8% in the week to October 28, 2026. The holdings that moved it most were Meta Platforms (−12.2%), Amazon.com (−3.0%) and Booking (−6.6%); Oracle (+11.8%) pushed the other way.
XLC fell 5.3% in the week to October 28, 2026. The holdings that moved it most were Meta Platforms (−12.2%), Alphabet (−2.9%) and Reddit (−12.1%); Skydance (+41.4%) pushed the other way.
What do FDN and XLC each hold?
What's inside FDN: Tech 57%, Magnificent 7 30%.
61% of FDN is its ten largest holdings.
What's inside XLC: Magnificent 7 44%, Tech 31%.
76% of XLC is its ten largest holdings.
How much do FDN and XLC overlap? 24.4% by weight
As of October 28, 2026, FDN and XLC overlap 24.4% by weight.
26% of FDN is already inside XLC.
51% of XLC is already inside FDN.
FDN holds 42 companies and XLC holds 22; 5 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score FDN and XLC? 5.9 and 5.2 out of 10
As of October 28, 2026, ETF Copilot scores FDN 5.9 out of 10 and XLC 5.2 out of 10.
They differ most on Growth: FDN 7.6 and XLC 4.0.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | FDN | XLC |
|---|---|---|
| Growth | 7.6 | 4.0 |
| Value | 9.4 | 8.9 |
| Risk | 1.3 | 2.6 |
| Quality | 5.8 | 9.3 |
| Return | 5.0 | 2.8 |
XLC is the cheaper of the two at 0.08% a year
As of October 28, 2026, FDN charges 0.49% a year and holds $5.1B in assets across 42 positions.
As of October 28, 2026, XLC charges 0.08% a year, yields 1.33% and holds $22.1B in assets across 22 positions.
| Measure | FDN | XLC |
|---|---|---|
| Expense ratio | 0.49% | 0.08% |
| Dividend yield | — | 1.33% |
| Assets under management | $5.1B | $22.1B |
| Holdings | 42 | 22 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Compare with similar funds
Cite this
ETF Copilot, “FDN vs XLC holdings overlap and scores”, as of October 28, 2026.
https://etf-copilot.com/compare/fdn-vs-xlc
- First Trust Dow Jones Internet Index Fund (FDN)
- State Street Communication Services Select Sector SPDR ETF (XLC)
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