FDN vs. IWFG ETF Comparison

Comparison of First Trust DJ Internet Index Fund (FDN) to IQ MacKay Municipal Insured ETF (IWFG)
FDN

First Trust DJ Internet Index Fund

FDN Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Dow Jones Internet Composite Index (SM) (the "index"). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. It, using an "indexing" investment approach, attempts to replicate, before fees and expenses, the performance of the index. The index is designed to include only companies whose primary focus is Internet-related. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$240.66

Average Daily Volume

387,852

Number of Holdings *

41

* may have additional holdings in another (foreign) market
IWFG

IQ MacKay Municipal Insured ETF

IWFG Description The Fund seek long-term growth of capital by employing a bottom-up investment process while investing in companies that have the potential for above-average future earnings and cash flow growth. IWFG typically invests in a portfolio of 25-35 stocks, allocating 10-60% across each growth type. The fund invests in stocks of companies operating across diversified sectors. It invests in growth stocks of large-cap companies. IQ MacKay Municipal Insured ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$48.75

Average Daily Volume

137

Number of Holdings *

29

* may have additional holdings in another (foreign) market
Performance
Period FDN IWFG
30 Days 11.55% 3.05%
60 Days 14.21% 5.77%
90 Days 18.55% 7.38%
12 Months 42.96% 40.12%
6 Overlapping Holdings
Symbol Grade Weight in FDN Weight in IWFG Overlap
AMZN C 9.62% 7.69% 7.69%
BKNG A 4.91% 2.02% 2.02%
GOOG C 4.42% 4.52% 4.42%
META D 9.46% 4.54% 4.54%
NFLX A 8.49% 2.62% 2.62%
WDAY B 2.76% 1.62% 1.62%
FDN Overweight 35 Positions Relative to IWFG
Symbol Grade Weight
CRM B 7.55%
GOOGL C 5.34%
CSCO B 4.45%
PYPL B 4.26%
ANET C 4.25%
ABNB C 2.87%
DASH A 2.82%
CPRT A 2.46%
SNOW C 2.19%
DDOG A 2.02%
TEAM A 1.95%
HUBS A 1.74%
VEEV C 1.64%
EBAY D 1.49%
NET B 1.39%
RBLX C 1.38%
CVNA B 1.34%
GDDY A 1.27%
ZM B 1.03%
DKNG B 0.97%
PINS D 0.86%
NTNX A 0.85%
DOCU A 0.79%
VRSN F 0.74%
AKAM D 0.67%
JNPR F 0.61%
OKTA C 0.6%
PAYC B 0.55%
CIEN B 0.5%
SMAR A 0.37%
CFLT B 0.36%
DBX B 0.32%
MARA C 0.3%
BOX B 0.25%
ZI D 0.15%
FDN Underweight 23 Positions Relative to IWFG
Symbol Grade Weight
MSFT F -11.57%
NVDA C -7.83%
AAPL C -5.03%
AVGO D -4.86%
TT A -3.49%
SPOT B -3.22%
MA C -3.21%
ADI D -3.09%
ORLY B -2.88%
KKR A -2.77%
ISRG A -2.74%
MELI D -2.74%
NOW A -2.52%
ETN A -2.48%
ADBE C -2.35%
CMG B -2.31%
APH A -2.26%
INTU C -2.23%
UBER D -2.09%
LRCX F -1.93%
SNPS B -1.81%
HLT A -1.57%
ASML F -1.48%
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