ETF comparison
ARKW vs FDN
Both Thematic.
ARK Next Generation Internet ETF · First Trust Dow Jones Internet Index Fund
Holdings overlap
11 positions appear in both funds. Buying equal dollars of ARKW and FDN would leave roughly 20.0% of each dollar exposed to the same underlying securities.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
FDN is 27 bps cheaper than ARKW. On a $100,000 position that's about $270/yr more in fees for ARKW.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with ARKW vs FDN.
Top shared holdings
11 shared in total| # | Holding | In ARKW | In FDN | Overlap |
|---|---|---|---|---|
| 1 | AMAZON.COM INC | 4.20% | 10.25% | 4.20% |
| 2 | ALPHABET INC | 3.93% | 4.33% | 3.93% |
| 3 | META PLATFORMS INC | 2.16% | 9.14% | 2.16% |
| 4 | ROBLOX CORP | 3.04% | 1.97% | 1.97% |
| 5 | CLOUDFLARE INC | 1.81% | 3.45% | 1.81% |
| 6 | DATADOG INC | 1.47% | 2.04% | 1.47% |
| 7 | NETFLIX INC | 1.33% | 8.98% | 1.33% |
| 8 | COREWEAVE INC | 4.06% | 0.99% | 0.99% |
| 9 | DOORDASH INC | 0.98% | 2.96% | 0.98% |
| 10 | DRAFTKINGS INC | 0.95% | 0.57% | 0.57% |
| 11 | AIRBNB INC | 0.56% | 2.82% | 0.56% |
Only in ARKW
29 total- ADVANCED MICRO DEVICES INC 8.81%
- TESLA INC 8.62%
- ARK 21SHARES BITCOIN ETF 5.74%
- ROBINHOOD MARKETS INC 4.64%
- SHOPIFY INC 4.51%
- ROKU INC 4.10%
- CIRCLE INTERNET GROUP INC 3.93%
- COINBASE GLOBAL INC 3.73%
- BLOCK INC 2.83%
- PALANTIR TECHNOLOGIES INC 2.82%
Only in FDN
31 total- Cisco Systems, Inc. 6.78%
- Alphabet Inc. 5.41%
- Booking Holdings Inc 4.59%
- Salesforce Inc. 4.53%
- Arista Networks Inc 4.18%
- Ciena Corporation 2.89%
- Snowflake Inc 2.72%
- Carvana Co 2.35%
- Paypal Holdings Inc. 2.20%
- eBay Inc. 2.17%
Open ARKW or FDN at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.