Shopify not in FDN?

I just took a look at the holdings in FDN, one of the major Internet stock ETF’s. For some reason, Shopify isn’t there, though Facebook is (of course), and also Snapchat (eh) and Groupon (feh).

I’m sure that with a little tweaking, FDN would do even better than it has so far.…

Frankly I’m happy they don’t. I’m in FDN because they offer me exposure to large companies I don’t have holdings in - AMAZON, PayPal, Google.