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First Trust Dow Jones Internet ETF (FDN) and iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ) 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 XQQ leans towards Technology, Consumer Non-Cyclicals, and Healthcare. When evaluating costs, FDN features a management fee (MER) of 0.15%, compared to 0.35% for XQQ. Performance-wise, FDN has returned 9.73% year-to-date with -$1 M in net flows, whereas XQQ is at 13.9% with +$1 B. 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
XQQ
| AuM | $6.59 M | $5,859.17 M |
| Management Fees | 0.15% | 0.35% |
| Exp. ratio | 0.66% | 0.39% |
| Tracking Difference | - | -0.61% |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FDN | -2.61% | +6.66% | +9.73% | +2.46% | +86.45% |
XQQ | +0.78% | +0.24% | +13.90% | +16.27% | +84.69% | |
| Flows | FDN | -$0 M | -$0 M | -$1 M | -$1 M | -$3 M |
XQQ | +$460 M | +$500 M | +$1,038 M | +$1,050 M | +$1,595 M |
FDN vs XQQ exposure
Countries
FDN
USA
99.89%
XQQ
USA
94.45%
Sectors
FDN
Technology
69.35%
Consumer Services
12.22%
Consumer Non-Cyclicals
11.59%
XQQ
Technology
66.86%
Consumer Non-Cyclicals
11.68%
Other
21.46%
As of October 16, 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%
XQQ
NVIDIA Corp.
8.52%
Apple, Inc.
7.42%
Microsoft Corp.
6.01%
Micron Technology, Inc.
4.76%
Amazon.com, Inc.
4.45%
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%
XQQ
Total weight of top 10 holdings out of 102 total
46.33%
Characteristics
Compare
FDN
XQQ
| Provider | First Trust | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | Dow Jones Internet Composite Net Total Return Index - USD | NASDAQ-100 Currency Hedged CAD Total Return Index - CAD |
| Replication Method | Other | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.00% | 0.22% |
| Meets ESG criteria | No | No |
| Inception Date | October 30, 2014 | May 3, 2011 |
Frequently asked questions about FDN and XQQ
Which ETF has performed better year to date: FDN or XQQ?
As of October 16, 2026, FDN has returned 9.73% year to date, while XQQ has returned 13.90%. XQQ is ahead on YTD performance.
Which ETF is larger by assets under management: FDN or XQQ?
As of October 16, 2026, FDN manages $6.59 M in assets, while XQQ manages $5.86 B. XQQ is the larger fund by AUM.
How are FDN and XQQ managed?
FDN is passively managed by First Trust. It tracks the Dow Jones Internet Composite Net Total Return Index - USD benchmark. XQQ is passively managed by iShares. It tracks the NASDAQ-100 Currency Hedged CAD Total Return Index - CAD benchmark.
What sectors do FDN and XQQ emphasize?
FDN is most exposed to Technology, Consumer Services, and Consumer Non-Cyclicals. XQQ is most exposed to Technology, Consumer Non-Cyclicals, and Healthcare.
Which ETF is attracting more investor flows: FDN or XQQ?
Year to date, FDN has seen -$1.21 M in net flows, compared with +$1,038.18 M for XQQ. XQQ has attracted more net investor money so far.
How do the fees of FDN and XQQ compare?
FDN has an expense ratio of 0.66%, while XQQ has an expense ratio of 0.39%.
What are the top holdings of FDN and XQQ?
FDN's largest holdings include Amazon.com, Inc., Meta Platforms, Inc., and Alphabet, Inc.. XQQ's top holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc..
Which ETF is more diversified: FDN or XQQ?
FDN holds 40 securities, while XQQ holds 101. On holdings count, XQQ is the more diversified portfolio.
Recent articles about FDN and XQQ
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