FDN vs XLC: holdings overlap, shared companies and scores
As of September 11, 2026, FDN and XLC overlap 22.9% 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 September 11, 2026
How much do FDN and XLC overlap?
As of September 11, 2026, FDN and XLC overlap 22.9% by weight.
23% of FDN is already inside XLC.
42% of XLC is already inside FDN.
FDN holds 42 companies and XLC holds 24; 4 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?
As of September 11, 2026, ETF Copilot scores FDN 5.4 out of 10 and XLC 4.8 out of 10.
They differ most on Growth: FDN 5.1 and XLC 0.8.
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 | 5.1 | 0.8 |
| Valuation | 8.6 | 8.8 |
| Risk | 2.0 | 6.2 |
| Quality | 7.2 | 7.1 |
| Return | 4.8 | 3.8 |
XLC is the cheaper of the two at 0.08% a year
As of September 11, 2026, FDN charges 0.49% a year, yields 0.38% and holds $5.3B in assets across 42 positions.
As of September 11, 2026, XLC charges 0.08% a year, yields 1.30% and holds $22.6B in assets across 24 positions.
| Measure | FDN | XLC |
|---|---|---|
| Expense ratio | 0.49% | 0.08% |
| Dividend yield | 0.38% | 1.30% |
| Assets under management | $5.3B | $22.6B |
| Holdings | 42 | 24 |
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.
Where FDN and XLC trade against their own history
FDN trades at 26.7 times earnings, against its own median of 30.4, and is cheaper than 69% of its own 114 monthly readings since 2017.
XLC trades at 15.6 times earnings, against its own median of 20.4, and is cheaper than 94% of its own 100 monthly readings since 2018.
What moved FDN and XLC this week
FDN fell 1.5% in the week to September 11, 2026. The holdings that moved it most were Booking (−10.9%), Salesforce.com (−6.3%) and Snowflake (−7.7%); Meta Platforms (+6.1%) pushed the other way.
XLC fell 0.7% in the week to September 11, 2026. The holdings that moved it most were Netflix (−6.4%), Omnicom (−6.8%) and Comcast (−5.4%); Meta Platforms (+6.1%) pushed the other way.
What do FDN and XLC each hold?
What's inside FDN: Tech 66%, Magnificent 7 29%.
61% of FDN is its ten largest holdings.
What's inside XLC: Tech 46%, Magnificent 7 37%.
71% of XLC is its ten largest holdings.
Compare with similar funds
Cite this
ETF Copilot, “FDN vs XLC holdings overlap and scores”, as of September 11, 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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