VS
First Trust Dow Jones Internet ETF (FDN) and Mackenzie NASDAQ 100 Index ETF (QQQQ) offer distinct profiles for Canadian ETF investors. A direct comparison shows that FDN focuses its top 3 sector exposures on Technology, Consumer Services, and Consumer Non-Cyclicals, while QQQQ leans towards Technology, Consumer Non-Cyclicals, and Healthcare. When evaluating costs, FDN features a management fee (MER) of 0.15%, compared to 0.25% for QQQQ. Performance-wise, FDN has returned 9.36% year-to-date with -$1 M in net flows, whereas QQQQ is at 20.48% with +$144 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
FDN
QQQQ
| AuM | $6.57 M | $164.18 M |
| Management Fees | 0.15% | 0.25% |
| Exp. ratio | 0.66% | 0.25% |
| Tracking Difference | - | -0.38% |
Historical performance and flows
As of October 19, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FDN | -2.93% | +6.30% | +9.36% | +2.12% | +89.66% |
QQQQ | -2.60% | +3.64% | +20.48% | +18.41% | - | |
| Flows | FDN | -$0 M | -$0 M | -$1 M | -$1 M | -$3 M |
QQQQ | +$20 M | +$23 M | +$144 M | +$155 M | - |
FDN vs QQQQ exposure
Countries
FDN
USA
99.89%
QQQQ
USA
94.55%
Sectors
FDN
Technology
69.35%
Consumer Services
12.22%
Consumer Non-Cyclicals
11.59%
QQQQ
Technology
66.93%
Consumer Non-Cyclicals
11.69%
Other
21.38%
As of October 19, 2026
Top 10 Holdings
FDN
Amazon.com, Inc.
9.83%
Meta Platforms, Inc.
9.30%
Cisco Systems, Inc.
7.36%
Salesforce, Inc.
6.24%
Arista Networks, Inc.
5.15%
Booking Holdings, Inc.
5.03%
Alphabet, Inc.
4.80%
Snowflake, Inc.
4.18%
Oracle Corp.
4.08%
Netflix, Inc.
4.07%
QQQQ
NVIDIA Corp.
8.53%
Apple, Inc.
7.43%
Microsoft Corp.
6.01%
Micron Technology, Inc.
4.76%
Amazon.com, Inc.
4.46%
Advanced Micro Devices, Inc.
3.38%
Alphabet, Inc.
3.15%
Tesla, Inc.
2.93%
Alphabet, Inc.
2.92%
Broadcom Inc.
2.80%
Diversification
FDN
Total weight of top 10 holdings out of 41 total
60.04%
QQQQ
Total weight of top 10 holdings out of 102 total
46.38%
Characteristics
Compare
FDN
QQQQ
| Provider | First Trust | Mackenzie Investments |
| Management | Passively managed | Passively managed |
| Benchmark | Dow Jones Internet Composite Net Total Return Index - USD | Nasdaq-100 Notional Net Return 15% Index - CAD |
| Replication Method | Other | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.00% | 0.09% |
| Meets ESG criteria | No | No |
| Inception Date | October 30, 2014 | August 19, 2025 |
Frequently asked questions about FDN and QQQQ
Which ETF has performed better year to date: FDN or QQQQ?
As of October 19, 2026, FDN has returned 9.36% year to date, while QQQQ has returned 20.48%. QQQQ is ahead on YTD performance.
Which ETF is larger by assets under management: FDN or QQQQ?
As of October 19, 2026, FDN manages $6.57 M in assets, while QQQQ manages $164.18 M. QQQQ is the larger fund by AUM.
How are FDN and QQQQ managed?
FDN is passively managed by First Trust. It tracks the Dow Jones Internet Composite Net Total Return Index - USD benchmark. QQQQ is passively managed by Mackenzie Investments. It tracks the Nasdaq-100 Notional Net Return 15% Index - CAD benchmark.
What sectors do FDN and QQQQ emphasize?
FDN is most exposed to Technology, Consumer Services, and Consumer Non-Cyclicals. QQQQ is most exposed to Technology, Consumer Non-Cyclicals, and Healthcare.
Which ETF is attracting more investor flows: FDN or QQQQ?
Year to date, FDN has seen -$1.21 M in net flows, compared with +$143.98 M for QQQQ. QQQQ has attracted more net investor money so far.
How do the fees of FDN and QQQQ compare?
FDN has an expense ratio of 0.66%, while QQQQ has an expense ratio of 0.25%.
What are the top holdings of FDN and QQQQ?
FDN's largest holdings include Amazon.com, Inc., Meta Platforms, Inc., and Alphabet, Inc.. QQQQ's top holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc..
Which ETF is more diversified: FDN or QQQQ?
FDN holds 40 securities, while QQQQ holds 101. On holdings count, QQQQ is the more diversified portfolio.
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