FDND vs SPY
FT Vest Dow Jones Internet & Target Income ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | FDND | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.09% | |
| AUM | $10M | $821.1B | |
| Dividend Yield | 8.11% | 1.01% | |
| Holdings | 43 | 505 | |
| YTD Return | +5.16% | +14.24% | |
| 1Y Return | +1.83% | +21.71% | |
| 3Y Return (annualized) | - | +22.10% | |
| 5Y Return (annualized) | - | +13.21% | |
| Volatility (annualized) | 18.5% | 15.3% | |
| Max Drawdown | -24.1% | -56.5% | |
| Fund Family | First Trust Portfolios (US) | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Mar 20, 2024 | Jan 22, 1993 |
FDND vs SPY Performance
FT Vest Dow Jones Internet & Target Income ETF (FDND) is a ETF from First Trust Portfolios (US) and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year FDND returned +1.83% while SPY returned +21.71%. Year to date, FDND is up 5.16% versus a gain of 14.24% for SPY.
Risk: Volatility and Drawdowns
FDND has been the more volatile fund, with annualized monthly volatility of 18.5% compared with 15.3% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -24.1% for FDND and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FDND charges 0.75% per year while SPY charges 0.09%. On a $10,000 position that is $75 vs $9 annually, a gap of $66 per year that compounds over a long holding period. On income, FDND currently yields 8.11% against 1.01% for SPY.
Holdings Overlap
FDND and SPY share 24 holdings out of 521 unique holdings combined, representing a 15.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FDND or SPY?
FDND has an expense ratio of 0.75% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $66 per year of difference.
Which performed better, FDND or SPY?
Over the past year FDND returned +1.83% vs +21.71% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (2 years), FDND annualized +11.85% vs +8.86% for SPY. Past performance does not guarantee future results.
Which is riskier, FDND or SPY?
FDND has been the more volatile fund at 18.5% annualized versus 15.3% for SPY. Worst drawdown: FDND -24.1% vs SPY -56.5%.
Should I hold both FDND and SPY?
FDND and SPY have a monthly-return correlation of 0.75, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FDND and SPY?
FDND and SPY share 24 common holdings with a 15.3% weight overlap. Combined, they hold 521 unique securities.
Which pays a higher dividend, FDND or SPY?
FDND yields 8.11% while SPY yields 1.01%, so FDND currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.