FDND vs. IWFG ETF Comparison
Comparison of FT Vest Dow Jones Internet & Target Income ETF (FDND) to IQ MacKay Municipal Insured ETF (IWFG)
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
$22.47
Average Daily Volume
1,791
41
IWFG
IQ MacKay Municipal Insured ETF
IWFG Description
The Fund seek long-term growth of capital by employing a bottom-up investment process while investing in companies that have the potential for above-average future earnings and cash flow growth. IWFG typically invests in a portfolio of 25-35 stocks, allocating 10-60% across each growth type. The fund invests in stocks of companies operating across diversified sectors. It invests in growth stocks of large-cap companies. IQ MacKay Municipal Insured ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$48.75
Average Daily Volume
137
29
Performance
| Period | FDND | IWFG |
|---|---|---|
| 30 Days | 10.31% | 3.05% |
| 60 Days | 13.46% | 5.77% |
| 90 Days | 17.57% | 7.38% |
| 12 Months | 40.12% |
FDND Overweight 35 Positions Relative to IWFG
| Symbol | Grade | Weight | |
|---|---|---|---|
| CRM | B | 7.47% | |
| GOOGL | C | 5.38% | |
| CSCO | B | 4.45% | |
| PYPL | B | 4.24% | |
| ANET | C | 4.24% | |
| ABNB | C | 2.9% | |
| DASH | A | 2.82% | |
| CPRT | A | 2.39% | |
| SNOW | C | 2.2% | |
| DDOG | A | 2.09% | |
| TEAM | A | 1.91% | |
| HUBS | A | 1.75% | |
| VEEV | C | 1.51% | |
| EBAY | D | 1.46% | |
| NET | B | 1.46% | |
| CVNA | B | 1.37% | |
| RBLX | C | 1.35% | |
| GDDY | A | 1.3% | |
| DKNG | B | 1.04% | |
| ZM | B | 0.99% | |
| PINS | D | 0.86% | |
| NTNX | A | 0.84% | |
| DOCU | A | 0.78% | |
| VRSN | F | 0.74% | |
| AKAM | D | 0.67% | |
| JNPR | F | 0.57% | |
| OKTA | C | 0.57% | |
| PAYC | B | 0.54% | |
| CIEN | B | 0.47% | |
| SMAR | A | 0.37% | |
| CFLT | B | 0.36% | |
| MARA | C | 0.33% | |
| DBX | B | 0.31% | |
| BOX | B | 0.24% | |
| ZI | D | 0.15% |
FDND Underweight 23 Positions Relative to IWFG
| Symbol | Grade | Weight | |
|---|---|---|---|
| MSFT | F | -11.57% | |
| NVDA | C | -7.83% | |
| AAPL | C | -5.03% | |
| AVGO | D | -4.86% | |
| TT | A | -3.49% | |
| SPOT | B | -3.22% | |
| MA | C | -3.21% | |
| ADI | D | -3.09% | |
| ORLY | B | -2.88% | |
| KKR | A | -2.77% | |
| ISRG | A | -2.74% | |
| MELI | D | -2.74% | |
| NOW | A | -2.52% | |
| ETN | A | -2.48% | |
| ADBE | C | -2.35% | |
| CMG | B | -2.31% | |
| APH | A | -2.26% | |
| INTU | C | -2.23% | |
| UBER | D | -2.09% | |
| LRCX | F | -1.93% | |
| SNPS | B | -1.81% | |
| HLT | A | -1.57% | |
| ASML | F | -1.48% |
FDND: Top Represented Industries & Keywords
IWFG: Top Represented Industries & Keywords
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