FDND vs SPY
FT Vest Dow Jones Internet & Target Income ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, FDND or SPY?
Large Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 61.1%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FDND | SPY |
|---|---|---|
| Expense Ratio | 0.75% | 0.09%Best |
| AUM | $10M | $814.4B |
| Dividend Yield | 8.11% | 1.01% |
| Holdings | 86 | 505 |
| YTD Return | +4.63% | +13.34%Best |
| 1Y Return | -2.20% | +19.97%Best |
| 3Y Return (annualized) | - | +21.20% |
| 5Y Return (annualized) | - | +12.81% |
| Volatility (annualized) | 18.2% | 12.1%Best |
| Max Drawdown | -24.1% | -18.8%Best |
| $10,000 over 2.5 years | $13,078 | $15,260Best |
| Top 10 Weight | 61.1% | 38.0%Best |
| Fund Family | First Trust Portfolios (US) | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Mar 20, 2024 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Mar 21, 2024 to Sep 4, 2026 (2.5 years).
FDND vs SPY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.5 years both funds cover.
FDND vs SPY Performance
FT Vest Dow Jones Internet & Target Income ETF (FDND) is an ETF from First Trust Portfolios (US) and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year FDND returned -2.20% while SPY returned +19.97%. Year to date, FDND is up 4.63% versus a gain of 13.34% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FDND has been the more volatile fund, with annualized monthly volatility of 18.2% compared with 12.1% 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 -18.8% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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
84.0% of FDND's money is in holdings SPY also owns. 15.3% of SPY's money is in holdings FDND also owns.
Most of FDND is already inside SPY. Owning both mostly buys the same companies twice.
24 positions in common, counted across the 41 positions we hold weights for in FDND and 504 in SPY, against full books of 86 and 505.
What only one of them owns
Our book lists 472 positions for SPY that do not appear in our book for FDND (84.2% of the fund), and 16 for FDND that do not appear in SPY (15.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in FDND | Weight in SPY | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 10.52% | 4.08% | 6.44% |
| METAMeta Platform Inc | 9.47% | 1.94% | 7.53% |
| CSCOCisco Systems Inc. - Ordinary Shares | 8.14% | 0.72% | 7.42% |
| GOOGLAlphabet Inc.Class A | 5.19% | 3.33% | 1.86% |
| GOOGAlphabet Inc. C | 4.16% | 2.67% | 1.49% |
| ANETArista Networks Inc Common Stock | 5.37% | 0.30% | 5.07% |
| BKNGBooking Holdings, Inc. | 5.32% | 0.23% | 5.09% |
| CRMSalesforce Inc Crm Us Equity | 4.66% | 0.23% | 4.43% |
| ORCLOracle Corp - Common | 4.17% | 0.37% | 3.80% |
| NFLXNetflix, Inc. | 3.74% | 0.47% | 3.27% |
84.0% of FDND is already inside SPY.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
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, by $66 a year on a $10,000 investment.
Which performed better, FDND or SPY?
Over the past year FDND returned -2.20% vs +19.97% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FDND or SPY?
FDND has been the more volatile fund at 18.2% annualized versus 12.1% for SPY. Worst drawdown: FDND -24.1% vs SPY -18.8%.
Should I hold both FDND and SPY?
FDND and SPY have a monthly-return correlation of 0.75, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between FDND and SPY?
84.0% of FDND's money is in holdings SPY also owns. 15.3% of SPY's is in holdings FDND also owns. They hold 24 positions in common, counted across the 41 positions we hold weights for in FDND and 504 in SPY.
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.
Is SPY better than FDND?
SPY has a lower expense ratio. SPY led over 1Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 61.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.