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FDNvsBAYETF Comparison

ETF 1

FDN

First Trust Dow Jones Internet Index Fund ETF

This fund is part of

Digital Infrastructure and Connectivity

-0.27%

Full FDN fund page

VS

ETF 2

BAY

Corgi Bay Area Based ETF

This fund is part of

US Multi-Factor

-0.37%

Full BAY fund page

First Trust Dow Jones Internet Index Fund ETF (FDN) belongs to the Digital Infrastructure and Connectivity segment. Corgi Bay Area Based ETF (BAY) is part of the US Multi-Factor segment. FDN's top 3 sector exposures are Technology, Consumer Services and Consumer Non-Cyclicals. In contrast, BAY's top sector exposures are Technology, Finance and Healthcare. FDN is more expensive with a Total Expense Ratio (TER) of 0.49%, versus 0.2% for BAY. Run a side-by-side ETF comparison of FDN and BAY below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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FDN vs BAY performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 09/14/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FDN BAY	+0.46%-0.74%	+7.93%+0.96%	+8.76%n/a	+3.14%n/a	+72.39%n/a	+19.48%n/a
Flows	FDN BAY	-$102M-	-$258M-$423K	-$1.53B-	-$2.46B-	-$3.77B-	-$5.48B-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FDN BAY	+20.74%+20.18%	+20.52%n/a	+21.98%n/a	+28.02%n/a
Max drawdown	FDN BAY	-6.94%-6.84%	-21.40%n/a	-24.97%n/a	-53.67%n/a
Max drawdown duration	FDN BAY	16d25d	250dn/a	129dn/a	1113dn/a

Trading data

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	FDN	BAY
Last sale 9/16/2026 at 6:50 PM	$290.93	$29.23
Previous close 09/15/2026	$289.90	$29.23
Consolidated volume 09/15/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of August 31, 2026

1-year trailing difference

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BAY

is actively managed and doesn’t replicate an index

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	FDN	BAY
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 9/16/2026 at 6:50 PM

Live

Closed

	FDN	BAY
Last price	$290.93	$29.23
1D performance	+0.36%	-0.00%
AuM	$5.33 B	$1.61 M
E/R	0.49%	0.2%

Characteristics

	FDN	BAY
Management strategy	Passive	Active
Provider	First Trust	Corgi Funds
Benchmark	Dow Jones Internet Composite Index	-
N° of holdings	40	53
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	June 19, 2006	May 6, 2026
ESG	No	No

More FDN data on Trackinsight

More BAY data on Trackinsight

Exposure

Countries

FDN

USA

99.91%

Other

0.09%

BAY

USA

79.33%

Other

20.67%

Sectors

FDN

Technology

68.22%

Consumer Services

12.77%

Consumer Non-Cycl.

11.92%

Other

7.09%

BAY

Technology

58.34%

Finance

10.11%

Other

31.55%

Diversification

FDN

Total weight of top 15 holdings out of 15

75.86%

BAY

Total weight of top 15 holdings out of 15

45.03%

Top 15 holdings

Data as of July 31, 2026

FDN

Amazon.com, Inc.

10.14%

Meta Platforms, Inc.

8.87%

Cisco Systems, Inc.

7.43%

Booking Holdings, Inc.

5.46%

Arista Networks, Inc.

5.06%

Salesforce, Inc.

5.02%

Alphabet, Inc.

4.93%

Snowflake, Inc.

4.25%

Oracle Corp.

4.15%

Netflix, Inc.

4.08%

Alphabet, Inc.

3.95%

Cloudflare, Inc.

3.41%

DoorDash, Inc.

3.22%

Airbnb, Inc.

2.95%

Datadog, Inc.

2.94%

BAY

NVIDIA Corp.

6.77%

Alphabet, Inc.

4.60%

Broadcom Inc.

4.19%

Meta Platforms, Inc.

3.59%

Visa, Inc.

3.42%

Palo Alto Networks, Inc.

2.86%

Cisco Systems, Inc.

2.83%

Intel Corp.

2.46%

Lam Research Corp.

2.31%

Wells Fargo & Co.

2.17%

Snowflake, Inc.

2.10%

Fortinet, Inc.

1.98%

Netflix, Inc.

1.96%

Western Digital Corp.

1.95%

Seagate Technology Holdings Plc

1.84%

Frequently asked questions about FDN and BAY

Which ETF is bigger: FDN or BAY?

As of September 14, 2026, FDN holds $5.33 B in assets under management (AUM), while BAY manages $1.61 M.

What sectors do the FDN and BAY ETFs invest in?

FDN leans toward sectors like Technology, Consumer Services and Consumer Non-Cyclicals. Meanwhile, BAY focuses on Technology and Finance.

What are the top holdings of the FDN ETF and BAY ETF?

FDN top holdings include Amazon.com, Inc., Meta Platforms, Inc. and Cisco Systems, Inc.. BAY holds in its top three: NVIDIA Corp., Alphabet, Inc. and Broadcom Inc..

Which ETF is more diversified: FDN or BAY?

FDN holds 41 securities with 75.86% of its assets in the top 15. BAY has 53 securities and a top 15 weight of 45.03%.

Diving into Next Generation Internet

September 26, 2022

FDN

FDNvsBAYETF Comparison

First Trust Dow Jones Internet Index Fund ETF

Corgi Bay Area Based ETF

FDN vs BAY performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

Which ETF is bigger: FDN or BAY?

As of September 14, 2026, FDN holds $5.33 B in assets under management (AUM), while BAY manages $1.61 M.

What sectors do the FDN and BAY ETFs invest in?

FDN leans toward sectors like Technology, Consumer Services and Consumer Non-Cyclicals. Meanwhile, BAY focuses on Technology and Finance.

What are the top holdings of the FDN ETF and BAY ETF?

FDN top holdings include Amazon.com, Inc., Meta Platforms, Inc. and Cisco Systems, Inc.. BAY holds in its top three: NVIDIA Corp., Alphabet, Inc. and Broadcom Inc..

Which ETF is more diversified: FDN or BAY?

FDN holds 41 securities with 75.86% of its assets in the top 15. BAY has 53 securities and a top 15 weight of 45.03%.

Diving into Next Generation Internet

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