FDND vs. IETC ETF Comparison
Comparison of FT Vest Dow Jones Internet & Target Income ETF (FDND) to iShares Evolved U.S. Technology ETF (IETC)
FDND
FT Vest Dow Jones Internet & Target Income ETF
FDND Description
FDND aims to provide income at an annual rate of 8%, before fees and expenses, over the annual dividend yield of the Nasdaq-100 Index. The income stems from dividends from individual equity positions and premiums from selling naked call options. However, there is no guarantee the fund will deliver the target income. The portfolio manager actively selects 40 of the largest and most liquid US internet companies, which includes firms in the internet commerce and internet services sub-industries. Each week, FDND attempts to bridge the difference between the dividend income of its equity portfolio and its target distribution by selling at-the-money, naked call options on the Nasdaq-100 Index or related ETFs. The income from dividends and option premiums are expected to be distributed monthly. Investors should note that naked call writing, or selling call options without owning the underlying asset, is a high-risk options strategy.
Grade (RS Rating)
Last Trade
$22.00
Average Daily Volume
1,560
41
IETC
iShares Evolved U.S. Technology ETF
IETC Description
The investment seeks to provide access to U.S. companies with technology exposure, as classified using a proprietary classification system. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in U.S. listed common stock of large-, mid- and small-capitalization technology companies. It will hold common stock of those companies that fall into the Technology Evolved Sector which have economic characteristics that have been historically correlated with companies traditionally defined as technology companies. The fund is non-diversified.Grade (RS Rating)
Last Trade
$81.98
Average Daily Volume
18,846
117
Performance
Period | FDND | IETC |
---|---|---|
30 Days | 7.92% | 1.33% |
60 Days | 12.56% | 5.40% |
90 Days | 16.46% | 8.00% |
12 Months | 39.57% |
22 Overlapping Holdings
Symbol | Grade | Weight in FDND | Weight in IETC | Overlap | |
---|---|---|---|---|---|
ABNB | C | 2.86% | 0.66% | 0.66% | |
AKAM | D | 0.67% | 0.14% | 0.14% | |
AMZN | C | 9.6% | 8.02% | 8.02% | |
ANET | C | 4.25% | 0.58% | 0.58% | |
CFLT | B | 0.36% | 0.09% | 0.09% | |
CRM | B | 7.54% | 3.82% | 3.82% | |
CSCO | B | 4.45% | 1.85% | 1.85% | |
DASH | B | 2.82% | 0.21% | 0.21% | |
DDOG | A | 2.02% | 0.16% | 0.16% | |
GDDY | A | 1.26% | 0.01% | 0.01% | |
GOOG | C | 4.41% | 1.44% | 1.44% | |
GOOGL | C | 5.33% | 2.34% | 2.34% | |
HUBS | A | 1.74% | 0.14% | 0.14% | |
JNPR | D | 0.61% | 0.06% | 0.06% | |
META | D | 9.45% | 1.79% | 1.79% | |
PINS | F | 0.86% | 0.14% | 0.14% | |
TEAM | A | 1.93% | 0.84% | 0.84% | |
VEEV | C | 1.63% | 0.11% | 0.11% | |
VRSN | C | 0.75% | 1.99% | 0.75% | |
WDAY | B | 2.75% | 0.69% | 0.69% | |
ZI | D | 0.15% | 0.02% | 0.02% | |
ZM | C | 1.03% | 0.6% | 0.6% |
FDND Overweight 19 Positions Relative to IETC
FDND Underweight 95 Positions Relative to IETC
Symbol | Grade | Weight | |
---|---|---|---|
AVGO | D | -11.87% | |
NVDA | B | -8.78% | |
MSFT | D | -7.7% | |
ACN | B | -4.24% | |
ORCL | A | -3.5% | |
AAPL | C | -2.42% | |
MSI | B | -2.4% | |
NOW | A | -2.11% | |
IBM | C | -1.92% | |
CDNS | B | -1.84% | |
ICE | C | -1.6% | |
QCOM | F | -1.35% | |
MANH | D | -1.28% | |
FTNT | C | -1.25% | |
ADBE | C | -1.19% | |
GPN | B | -1.12% | |
PH | A | -0.99% | |
MA | B | -0.95% | |
PANW | B | -0.82% | |
NTAP | C | -0.78% | |
EQIX | A | -0.74% | |
ADSK | A | -0.71% | |
SSNC | B | -0.71% | |
AMD | F | -0.7% | |
VRSK | A | -0.64% | |
TYL | B | -0.63% | |
IT | C | -0.62% | |
TTD | B | -0.62% | |
PLTR | B | -0.58% | |
CDW | F | -0.57% | |
MPWR | F | -0.52% | |
LMT | D | -0.41% | |
ANSS | B | -0.4% | |
MU | D | -0.39% | |
CSGP | D | -0.37% | |
MCO | B | -0.35% | |
KLAC | F | -0.34% | |
CRWD | B | -0.33% | |
G | B | -0.32% | |
TXN | C | -0.3% | |
FDS | B | -0.3% | |
MSTR | B | -0.28% | |
COIN | C | -0.28% | |
UBER | F | -0.23% | |
TTEK | F | -0.21% | |
SNPS | B | -0.2% | |
SQ | A | -0.2% | |
BAH | F | -0.2% | |
KEYS | A | -0.18% | |
MMC | B | -0.18% | |
BSY | F | -0.17% | |
QLYS | B | -0.17% | |
TRU | D | -0.17% | |
LRCX | F | -0.16% | |
CACI | D | -0.15% | |
IQV | F | -0.13% | |
SWKS | F | -0.13% | |
MSCI | C | -0.12% | |
EA | A | -0.12% | |
NSIT | F | -0.1% | |
IPG | D | -0.1% | |
TER | F | -0.1% | |
NDAQ | A | -0.09% | |
IRM | C | -0.09% | |
VRT | B | -0.09% | |
SLB | C | -0.09% | |
INTU | B | -0.07% | |
ADP | A | -0.07% | |
SNAP | D | -0.07% | |
ROK | C | -0.07% | |
CPAY | A | -0.06% | |
TDY | B | -0.06% | |
CBOE | C | -0.06% | |
SLAB | F | -0.06% | |
CPNG | D | -0.06% | |
DELL | B | -0.06% | |
LPLA | A | -0.06% | |
QRVO | F | -0.06% | |
BBY | D | -0.06% | |
FBIN | D | -0.06% | |
DOCN | C | -0.05% | |
MMS | F | -0.05% | |
ILMN | C | -0.05% | |
SAIC | F | -0.05% | |
CL | D | -0.04% | |
APPN | B | -0.04% | |
BILL | A | -0.04% | |
DXC | B | -0.04% | |
GLW | B | -0.03% | |
ENPH | F | -0.02% | |
XYL | D | -0.02% | |
RIVN | F | -0.01% | |
ALGN | D | -0.0% | |
GRAL | B | -0.0% | |
FTV | C | -0.0% |
FDND: Top Represented Industries & Keywords
IETC: Top Represented Industries & Keywords