TDIV vs VGT: Grades, Fees and Holdings Compared

First Trust NASDAQ Technology Dividend Index Fund

TDIVBNasdaq

Vanguard Information Technology ETF

VGTANYSE Arca

Overlap

24.2%by weight

Expense ratio

VGT −0.41pt a year

TDIV0.50%VGT0.09%

Avg volume · 30D

VGT 26.0×the volume

TDIV163KVGT4.23M

10Y return · a year

VGT +6.7pt

TDIV+17.2%VGT+23.9%

TDIV vs VGT Performance

Oct 29, 2021 – Oct 30, 2026

+116.5%TDIV+122.6%VGT

Expense ratio: TDIV 0.50%; VGT 0.09%, better
Fund size: TDIV $4.35B; VGT $178B
1Y total return: TDIV +14.8%; VGT +18.5%, better
Yield (12M): TDIV 1.39%, better; VGT 0.40%
Holdings: TDIV 88; VGT 321
Avg volume (30D): TDIV 163K sh; VGT 4.23M sh, better
NAV per share: TDIV $114.06; VGT $116.95
52W range

ETF.net Grade

Pillar letters and Scores for TDIV, VGT, with each pillar’s weight
Pillar	TDIV	VGT
Cost30% weight	C46	A92Higher
Mission25% weight	A88Higher	A84
Risk15% weight	A80Higher	B60
Tradability15% weight	B68Higher	B57
Holdings10% weight	C54Higher	C41
Durability5% weight	B62	A93Higher

Rank among Technology (Broad) funds

How we build Categories ›

Same Category. TDIV and VGT are both graded against the same 23 Technology (Broad) funds, so their Grades compare head to head.

Technology (Broad)⁠

Category · 23 funds

See all 23 ›

VGT ranks 3rd and TDIV 10th of 23 funds in the Technology (Broad) Category.

Rank 1AXLKState Street Technology Select Sector SPDR ETFScore 82
Rank 2AFTECFidelity MSCI Information Technology Index ETFScore 78
Rank 3AVGTVanguard Information Technology ETFScore 71
Rank 4BRSPTInvesco S&P 500 Equal Weight Technology ETFScore 68
Rank 9BXSWState Street SPDR S&P Software & Services ETFScore 60
Rank 10BTDIVFirst Trust NASDAQ Technology Dividend Index FundScore 59
Rank 11BIXNiShares Global Tech ETFScore 58

Our read on each fund

ETF.net Research

TDIVBFirst Trust NASDAQ Technology Dividend Index Fund

VGTAVanguard Information Technology ETF

In short

TDIV In 2012, "tech dividend" still sounded like a contradiction. TDIV was built around it: roughly 90 technology and telecom payers, weighted by the dollars of dividends they actually hand out rather than by market cap.

VGT Vanguard's technology sleeve, indexed since 2004: roughly 300 US tech stocks running from megacap giants down to small caps, for 0.09% a year. Broad coverage of the sector rather than just its household names.

Stated mandate

TDIV The Fund seeks to track, before fees and expenses, the price and yield performance of the Nasdaq Technology Dividend Index. It normally invests at least 90% of assets in securities comprising that index.

VGT The fund seeks to track an index measuring the investment return of information technology stocks. It uses an indexing approach for large-, mid-, and small-capitalization U.S. technology companies and normally invests at least 80% of assets in target-index stocks.

Why people hold it

TDIV Weighting runs on the dollar amount of dividends paid, not market cap or yield, so the largest positions are the sector's largest payers.nasdaqomx.com ftportfolios.com
Trading since 2012, one of the first funds to treat tech as an income sleeve, and now a multi-billion-dollar fund that distributes quarterly.
The index sets 80% technology and 20% telecom at each rebalance, with caps designed to stop the biggest names from swamping the other 90-odd holdings.ftportfolios.com sec.gov
Volume is respectable for a niche strategy, so buying and selling shares is rarely the friction point.

VGT Casts a wide net: about 300 US technology stocks across large, mid and small caps, not just the megacap names everyone already knows.vanguard.com
Charges 0.09% a year, roughly a quarter of what the typical technology sector ETF asks.
One of the largest and most actively traded sector funds around, and it has followed its index closely.
Running since 2004 and among the strongest implementations in its technology peer group. Pays quarterly.

Worth knowing

TDIV 0.50% a year sits above the typical index tracker in its group, where plain broad-market funds such as SCHK and SPYV charge a few basis points.
One sector, about 90 names. Concentration is the design, and a handful of very large payers carry real weight in the outcome.sec.gov
The dividend screen is the whole filter: tech companies that pay nothing never enter the index, and First Trust notes no holding is obliged to keep declaring dividends.sec.gov ftportfolios.com

VGT Weighted by market value, so the biggest platform companies drive most of the return. The small caps are along for the ride.
One sector, one country: US technology only, which means bigger swings than a total market fund.
If the last basis point matters, XLK and FTEC list at 0.08%.

Full TDIV profile⁠

Full VGT profile⁠

TDIV vs VGT Holdings

How TDIV and VGT differ

Overlap by weight

24.2%

Shared holdings make up 74.2% of TDIV and 27.1% of VGT.

Level by level

Holdings44 in both24.2%
Countryby domicile83.1%
Sector7 Sectors84.3%
Asset classEquity100%

Sector

Sector weights in TDIV and VGT, widest gap first
Sector	More in TDIVMore in VGT	TDIV	VGT
Technology	VGT +15.3 points	84.0%	99.3%
Communication	TDIV +13.2 points	13.2%	0.0%
Industrials	TDIV +2.5 points	2.8%	0.3%
Financials	VGT +0.3 points	0.0%	0.3%
Consumer Discretionary	VGT +0.1 points	0.0%	0.1%
Materials	Same weight	0.0%	0.0%
Health Care	Same weight	0.0%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in TDIV and VGT, widest gap first
Country	More in TDIVMore in VGT	TDIV	VGT
United States	VGT +16.9 points	83.1%	100.0%
Canada	TDIV +6.1 points	6.1%	0.0%
Taiwan	TDIV +4.2 points	4.2%	0.0%
China	TDIV +1.9 points	1.9%	0.0%
Netherlands	TDIV +1.3 points	1.3%	0.0%
Other countries (13)	TDIV +3.4 points	3.4%	0.0%

Concentration

Weight in the 10 largest Holdings

TDIV57.0%
VGT63.6%

Securities held

TDIV87
VGT319

Asset class

TDIV: Equity
VGT: Equity

Holdings

Only in TDIV43
In both44
Only in VGT275

Only in TDIV

43 securities, 25.8% of TDIV by weight

Taiwan Semiconductor Manufacturing Company Limited (ADR)3.94%
Thomson Reuters Corporation2.88%
TELUS Corporation1.85%
Verizon Communications Inc.1.80%
Comcast Corporation (Class A)1.76%
T-Mobile US, Inc.1.75%
AT&T Inc.1.67%
ASML Holding N.V. (New York Registry Shares)1.20%
Rogers Communications Inc. (Class B)1.08%
Millicom International Cellular S.A.0.84%
Open Text Corporation0.43%
JOYY Inc. (ADR)0.40%
Infosys Limited (ADR)0.38%
SS&C Technologies Holdings, Inc.0.37%
Ubiquiti Inc.0.36%
Nokia Corporation (ADR)0.36%
Amdocs Limited0.35%
Logitech International S.A.0.34%
Leidos Holdings, Inc.0.33%
Sap SE (Adr)0.30%
Vodafone Group Public Limited Company (ADR)0.29%
Match Group Inc.0.28%
America Movil, S.A.B. de C.V. (ADR)0.27%
KT Corporation (ADR)0.23%
Autohome Inc. (ADR)0.23%
Telefonaktiebolaget LM Ericsson (ADR)0.20%
Tencent Music Entertainment Group (Class A) (ADR)0.20%
CGI Inc.0.14%
Concentrix Corporation0.13%
KBR, Inc.0.13%
Karooooo Ltd.0.13%
RELX Plc (ADR)0.13%
Telefonica Brasil, S.A. (ADR)0.12%
Ituran Location and Control Ltd.0.12%
Iridium Communications Inc.0.12%
Ingram Micro Holding Corporation0.11%
Science Applications International Corporation0.11%
Paycom Software, Inc.0.11%
ASE Technology Holding Co., Ltd.0.10%
STMicroelectronics N.V.0.10%
Silicon Motion Technology Corporation (ADR)0.09%
Opera Limited (ADR)0.04%
Shenandoah Telecommunications Company<0.01%

Only in VGT

275 securities, 72.8% of VGT by weight

NVIDIA Corp17.59%
Apple Inc15.92%
Micron Technology Inc4.46%
Advanced Micro Devices Inc3.68%
Intel Corp1.99%
Lam Research Corp1.56%
Palantir Technologies Inc1.55%
Applied Materials Inc1.53%
Palo Alto Networks Inc1.24%
Crowdstrike Holdings Inc1.02%
KLA Corp0.98%
Sandisk Corp0.97%
Marvell Technology Inc0.88%
Arista Networks Inc0.85%
Seagate Technology Holdings PLC0.79%
Western Digital Corp0.61%
ServiceNow Inc0.54%
Fortinet Inc0.46%
Snowflake Inc0.45%
Accenture PLC0.45%
Cloudflare Inc0.45%
Adobe Inc0.39%
Cadence Design Systems Inc0.38%
Datadog Inc0.36%
Synopsys Inc0.33%
Lumentum Holdings Inc0.30%
Keysight Technologies Inc0.27%
Teradyne Inc0.27%
Monolithic Power Systems Inc0.27%
Astera Labs Inc0.23%
Ciena Corp0.21%
Twilio Inc0.21%
Coherent Corp0.21%
Everpure Inc0.20%
Autodesk Inc0.20%
Okta Inc0.19%
Flex Ltd0.19%
Workday Inc0.18%
SLBBH11420.18%
Strategy Inc0.16%
Credo Technology Group Holding Ltd0.15%
Atlassian Corp0.15%
Jabil Inc0.15%
ON Semiconductor Corp0.14%
Teledyne Technologies Inc0.14%
F5 Inc0.14%
Qnity Electronics Inc0.13%
MongoDB Inc0.13%
Super Micro Computer Inc0.13%
Entegris Inc0.13%

Weight gaps

All 44 Holdings in both funds, largest gap first.

Holding weights in TDIV and VGT, widest gap first
Holding	More in TDIVMore in VGT	TDIV	VGT
Texas Instruments IncorporatedTXN	TDIV +8.32 points	9.30%	0.98%
International Business Machines CorporationIBM	TDIV +8.12 points	8.89%	0.77%
Oracle CorporationORCL	TDIV +6.21 points	7.07%	0.86%
QUALCOMM IncorporatedQCOM	TDIV +3.14 points	3.90%	0.76%
Broadcom Inc.AVGO	TDIV +2.99 points	7.10%	4.11%
Microsoft CorporationMSFT	VGT +2.86 points	8.30%	11.16%
Analog Devices, Inc.ADI	TDIV +2.80 points	3.55%	0.75%
Vistance Networks Inc.VISN	TDIV +2.07 points	2.09%	0.02%
Intuit Inc.INTU	TDIV +1.60 points	1.90%	0.30%
NXP Semiconductors N.V.NXPI	TDIV +1.54 points	1.80%	0.26%
HP Inc.HPQ	TDIV +1.42 points	1.57%	0.15%
Microchip Technology IncorporatedMCHP	TDIV +1.39 points	1.58%	0.19%
Motorola Solutions, Inc.MSI	TDIV +1.24 points	1.55%	0.31%
Salesforce, Inc.CRM	TDIV +1.19 points	1.91%	0.72%
TE Connectivity PlcTEL	TDIV +1.06 points	1.33%	0.27%
Amphenol CorporationAPH	TDIV +0.92 points	1.72%	0.80%
Hewlett Packard Enterprise CompanyHPE	TDIV +0.83 points	1.19%	0.36%
Cognizant Technology Solutions CorporationCTSH	TDIV +0.75 points	0.89%	0.14%
Corning IncorporatedGLW	TDIV +0.73 points	1.22%	0.49%
NetApp, Inc.NTAP	TDIV +0.48 points	0.67%	0.19%
Roper Technologies, Inc.ROP	TDIV +0.43 points	0.59%	0.16%
Dell Technologies Inc. (Class C)DELL	TDIV +0.41 points	1.06%	0.65%
CDW CorporationCDW	TDIV +0.39 points	0.49%	0.10%
Gen Digital Inc.GEN	TDIV +0.36 points	0.43%	0.07%
VeriSign, Inc.VRSN	TDIV +0.33 points	0.46%	0.13%
Cisco Systems, Inc.CSCO	TDIV +0.31 points	1.91%	1.60%
TD SYNNEX CorporationSNX	TDIV +0.10 points	0.21%	0.11%
Avnet, Inc.AVT	TDIV +0.10 points	0.17%	0.07%
Universal Display CorporationOLED	TDIV +0.09 points	0.13%	0.04%
Bentley Systems, Inc. (Class B)BSY	TDIV +0.09 points	0.14%	0.05%
Dolby Laboratories, Inc.DLB	TDIV +0.08 points	0.13%	0.05%
InterDigital, Inc.IDCC	TDIV +0.06 points	0.13%	0.07%
Amkor Technology, Inc.AMKR	TDIV +0.05 points	0.11%	0.06%
Clear Secure, Inc. (Class A)YOU	TDIV +0.05 points	0.09%	0.04%
OneSpan Inc.OSPN	TDIV +0.03 points	0.04%	<0.01%
Power Integrations, Inc.POWI	TDIV +0.02 points	0.06%	0.04%
Vishay Intertechnology, Inc.VSH	TDIV +0.02 points	0.08%	0.06%
NVE CorporationNVEC	TDIV +0.01 points	0.02%	<0.01%
PC Connection, Inc.CNXN	TDIV +0.02 points	0.03%	0.01%
Adeia Inc.ADEA	VGT +0.01 points	0.03%	0.04%
ePlus inc.PLUS	TDIV +0.01 points	0.04%	0.03%
Benchmark Electronics, Inc.BHE	Same weight	0.04%	0.04%
A10 Networks, Inc.ATEN	Same weight	0.03%	0.03%
Kulicke and Soffa Industries, Inc.KLIC	Same weight	0.06%	0.06%

All 87 TDIV holdings⁠All 310 VGT holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

TDIV vs VGT Cost

Overpaying TDIV vs VGT

$8,081

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

TDIV 0.50%
$9,979
VGT 0.09%
$1,898

Amount$10,000

Years30 years

Cost over time

TDIV 0.50%
VGT 0.09%
Overpaying

Year by year

Year	TDIV	VGT	Overpaying
10	$900	$165	$735
20	$3,460	$646	$2,814
30	$9,979	$1,898	$8,081

Expense ratio

0.50%TDIV
0.09%VGT, cheaper

VGT0.09%TDIV0.50%

0.08%1.00%

Middle half of Technology (Broad) funds
Median 0.45%

VGT 3rd cheapest of 23 funds

TDIV 13th cheapest of 23 funds

TDIV vs VGT Dividends

Last 12 months to Oct 30, 2026

Yield (12M): TDIV 1.39%, better; VGT 0.40%
Payout (12M): TDIV $1.58; VGT $0.47
Last payment: TDIV $0.35; VGT $0.15
Ex-dividend: TDIV Sep 24, 2026; VGT Sep 23, 2026
Paid on: TDIV Sep 30, 2026; VGT Sep 25, 2026
Frequency: TDIV Quarterly; VGT Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

TDIVQuarterly · 39 paymentsAll TDIV payments⁠

VGTQuarterly · 39 paymentsAll VGT payments⁠

TDIV vs VGT Risk

Fall from peak · 5 years

TDIV
VGT

Risk facts

VolatilityStd dev, 3 years: TDIV 19.0%, betterVGT 22.2%
Return per unit of riskSharpe ratio, 3 years: TDIV 1.24, betterVGT 1.19
Worst fallMax drawdown, 5 years: TDIV −32.0%, betterVGT −35.1%
Market sensitivityBeta, 5 years: TDIV 1.34VGT 1.35; Market = 1

TDIV and VGT in the news

All news⁠

Category Review
Equal-weight technology beat the biggest tech funds this year
Updated Oct 26, 2026VGT
Head-to-Head
QQQ vs. VGT: choose VGT for technology, QQQ for the Nasdaq-100
Oct 23, 2026VGT
New ETFs
XFUNDS Technology Income ETF is 99.1% the Vanguard Information Technology ETF
Oct 12, 2026VGT
Head-to-Head
Vanguard Information Technology ETF holds NVIDIA, Apple and Microsoft at twice the weight of Invesco QQQ Trust, Series 1
Oct 10, 2026VGT
Sector Pulse
Materials led the sectors, pulled by Vylor and two steelmakers
Oct 5, 2026VGT
Price vs Value
Vanguard showed a 1.94% discount on an energy fund that closed two cents above its value
Oct 4, 2026VGT

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TDIV vs VGT

In short

Stated mandate

Why people hold it