ETF comparison

ARKWvsFDN

Both Thematic.

ARK Next Generation Internet ETF · First Trust Dow Jones Internet Index Fund

Holdings overlap

Weighted by ISIN/CUSIP
19.7%

12 positions appear in both funds. Buying equal dollars of ARKW and FDN would leave roughly19.7%of each dollar exposed to the same underlying securities.

ARKW only 77.7%Shared 19.7%FDN only 80.4%
In ARKW only
28 positions
Shared
12 positions
In FDN only
30 positions

Side by side

ARKW

ARK Next Generation Internet ETF

ARK · Thematic

47composite / 100
Expense ratio
0.76%
Net assets
$1.84B
TTM yield
1.52%
Top-10 conc.
52.5%
FDN

First Trust Dow Jones Internet Index Fund

First Trust · Thematic

62composite / 100
Expense ratio
0.49%
Net assets
$5.41B
TTM yield
0.00%
Top-10 conc.
60.9%

Sub-score comparison

24
Cost
51
75
Tax efficiency
78
68
Liquidity
88
39
Concentration
27
Tracking quality
ARKWsub-scoreFDN

Tracking quality isn't part of the composite — seewhat we don't scorefor 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 thecost calculator pre-filled with ARKW vs FDN.

Top shared holdings

12 shared in total
#HoldingIn ARKWIn FDNOverlap
1AMAZON.COM INC4.20%9.98%4.20%
2ALPHABET INC3.93%4.43%3.93%
3META PLATFORMS INC2.16%9.83%2.16%
4CLOUDFLARE INC1.81%3.22%1.81%
5ROBLOX CORP3.04%1.50%1.50%
6DATADOG INC1.47%3.53%1.47%
7NETFLIX INC1.33%3.90%1.33%
8COREWEAVE INC4.06%1.08%1.08%
9DOORDASH INC0.98%2.87%0.98%
10AIRBNB INC0.56%2.45%0.56%
11DRAFTKINGS INC0.95%0.52%0.52%
12CIRCLE INTERNET GROUP INC3.93%0.15%0.15%

Only in ARKW

28 total
  • ADVANCED MICRO DEVICES INC8.81%
  • TESLA INC8.62%
  • ARK 21SHARES BITCOIN ETF5.74%
  • ROBINHOOD MARKETS INC4.64%
  • SHOPIFY INC4.51%
  • ROKU INC4.10%
  • COINBASE GLOBAL INC3.73%
  • BLOCK INC2.83%
  • PALANTIR TECHNOLOGIES INC2.82%
  • TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD2.81%

Only in FDN

30 total
  • CISCO SYSTEMS INC8.54%
  • ALPHABET INC5.55%
  • ARISTA NETWORKS INC5.02%
  • BOOKING HOLDINGS INC4.98%
  • ORACLE CORP4.59%
  • SALESFORCE INC4.11%
  • SNOWFLAKE INC3.61%
  • CIENA CORP2.85%
  • EBAY INC2.04%
  • CARVANA COMPANY1.94%

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 methodologyand 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.