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ETF comparison

ARKK vs FDN

Both Thematic.

ARK Innovation ETF · First Trust Dow Jones Internet Index Fund

Holdings overlap

Weighted by ISIN/CUSIP
10.5 %

8 positions appear in both funds. Buying equal dollars of ARKK and FDN would leave roughly 10.5% of each dollar exposed to the same underlying securities.

ARKK unmatched 86.4% Shared 10.5% FDN unmatched 89.6%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In ARKK only
36 positions
Shared
8 positions
In FDN only
34 positions

Side by side

ARKK

ARK Innovation ETF

ARK · Thematic

56 composite / 100
Expense ratio
0.75%
Net assets
$7.92B
TTM yield
0.00%
Top-10 conc.
47.6%
FDN

First Trust Dow Jones Internet Index Fund

First Trust · Thematic

62 composite / 100
Expense ratio
0.49%
Net assets
$5.23B
TTM yield
0.00%
Top-10 conc.
60.9%

Sub-score comparison

25
Cost
51
78
Tax efficiency
78
96
Liquidity
88
46
Concentration
27
—
Tracking quality
—
ARKK sub-score FDN

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

FDN is 26 bps cheaper than ARKK. On a $100,000 position that's about $260/yr more in fees for ARKK.

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 ARKK vs FDN.

Top shared holdings

8 shared in total
# Holding In ARKK In FDN Overlap
1 AMAZON.COM INC 2.95% 9.98% 2.95%
2 ALPHABET INC 2.13% 4.43% 2.13%
3 META PLATFORMS INC 1.56% 9.83% 1.56%
4 ROBLOX CORP 2.39% 1.50% 1.50%
5 COREWEAVE INC 2.38% 1.08% 1.08%
6 SNOWFLAKE INC 0.64% 3.61% 0.64%
7 ALPHABET INC 0.49% 5.55% 0.49%
8 CIRCLE INTERNET GROUP INC 3.90% 0.15% 0.15%

Only in ARKK

36 total
  • TESLA INC 9.74%
  • TEMPUS AI INC 4.89%
  • SPACE EXPLORATION TECHNOLOGIES CORP 4.87%
  • CRISPR THERAPEUTICS AG 4.73%
  • SHOPIFY INC 4.36%
  • COINBASE GLOBAL INC 4.17%
  • ADVANCED MICRO DEVICES INC 3.98%
  • ROBINHOOD MARKETS INC 3.64%
  • TWIST BIOSCIENCE CORP 3.31%
  • 10X GENOMICS INC 3.30%

Only in FDN

34 total
  • CISCO SYSTEMS INC 8.54%
  • ARISTA NETWORKS INC 5.02%
  • BOOKING HOLDINGS INC 4.98%
  • ORACLE CORP 4.59%
  • SALESFORCE INC 4.11%
  • NETFLIX INC 3.90%
  • DATADOG INC 3.53%
  • CLOUDFLARE INC 3.22%
  • DOORDASH INC 2.87%
  • CIENA CORP 2.85%

Percentages are holdings overlap with the named fund.

Open ARKK 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.