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Launched · SEC filings

Fidelity Nasdaq Composite Index ETF

ONEQNasdaqFidelityB

$98.64−0.92 (−0.92%)

As of Nov 10, 2026, 11:25 AM ET

B65/ 100

Rank 16 of 42 in Other Major Indexes

B65/100Rank 16 of 42inOther Major Indexes
Intraday session: down, 24 prints from 99.56 to 98.64. Range 98.51 to 99.65. Use the arrow keys to read each point.98.5099.0099.2510 AM12 PM2 PM4 PM
Expense ratio
0.21%
Fund size
$10.5B
1Y total return
+10.7%
Yield · Last 12 months
0.52%
Holdings
1012
Avg volume · 30D
291K sh
52W range
low $81.45high $109.24
Launched
Filings
SEC EDGAR

The ETF.net ONEQ Grade

B

Score 65 out of 100

Category
Other Major Indexes⁠
Rank
16 of 42
Six-pillar profile for ONEQ. Scores out of 100: Cost 56, Risk 25, Mission 100, Tradability 89, Holdings 26, Durability 82. Strongest: Mission (100). Weakest: Risk (25). Leans toward Mission.

Score 65 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B56 out of 100
    Rank 19 of 42

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 31

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D25 out of 100
    Rank 38 of 42

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A89 out of 100
    Rank 6 of 42

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D26 out of 100
    Rank 37 of 40

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A82 out of 100
    Rank 6 of 42

Our read on ONEQ

ETF.net Research

In short

BMost "Nasdaq" funds mean the 100 biggest names. This one goes for the whole exchange: roughly a thousand Nasdaq-listed stocks, giants down through small caps, in a single wrapper Fidelity has run since 2003.

Stated mandate

The fund seeks to closely match the price and yield performance of the Nasdaq Composite Index. It uses statistical sampling and normally invests at least 80% of assets in securities included in that index.

Why people hold it

  • The Composite reaches far past the famous 100, covering essentially every Nasdaq-listed company, so you get the mid- and small-cap Nasdaq names that top-100 funds skip.nasdaq.com
  • 0.21% a year is well under half the typical fee among the broad index funds we grade, and it buys roughly a thousand stocks.
  • Fidelity samples the index instead of buying every line, and returns have hugged the Composite tightly: one of the closer tracking records in its peer group.
  • Trading since 2003, now a multi-billion-dollar fund, with distributions paid quarterly.

Worth knowing

  • Breadth here is count, not balance. The Nasdaq's largest companies carry most of the weight, so it acts more like a mega-cap tech fund than a thousand-name list suggests.
  • Nasdaq listings only, so NYSE-listed bank, energy and industrial giants are never eligible. A big slice of the US market, not the whole of it.nasdaq.com
  • Cheap for its cohort, not the floor: broad index rivals like SCHK (0.03%) and VT (0.06%) charge a fraction of the fee for different exposures.

ONEQ Performance

Launched Sep 25, 2003

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

ONEQ$11,066
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,339
Nov 7, 2025 to Nov 9, 2026. ONEQ $11,066. SPY $11,339. Use the arrow keys to read each point.$9,000$10,000$11,000$12,000Nov 2025May 2026Nov 2026

Nov 7, 2025 – Nov 9, 2026

Returns run to the Nov 9, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for ONEQ. Periods over one year show the average yearly return.
PeriodONEQ
Year to date+9.3%
1 month−7.7%
3 months−5.2%
1 year+10.7%
3 yearsper year+23.9%
5 yearsper year+10.8%
10 yearsper year+18.1%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for ONEQ
YearReturn barONEQ
2026 YTD+9.3%
2025+20.9%
2024+29.3%
2023+45.7%
2022−32.1%
2021+22.1%
2020+44.9%

ONEQ in the news

ONEQ Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 9, 2026.
0.52%Last 12 months
Payout per share
$0.51Last 12 months
Last payment
$0.11 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 40 payments from 2017 to 2026 YTD. Mar 17, 2017 $0.04; Jun 16, 2017 $0.06; Sep 15, 2017 $0.05; Dec 15, 2017 $0.08; Mar 16, 2018 $0.04; Jun 15, 2018 $0.07; Sep 21, 2018 $0.08; Dec 21, 2018 $0.09; Mar 15, 2019 $0.07; Jun 21, 2019 $0.10; Sep 20, 2019 $0.09; Dec 20, 2019 $0.40; Mar 20, 2020 $0.09; Jun 19, 2020 $0.07; Sep 18, 2020 $0.09; Dec 18, 2020 $0.10; Mar 19, 2021 $0.06; Jun 18, 2021 $0.07; Sep 17, 2021 $0.09; Dec 17, 2021 $0.11; Mar 18, 2022 $0.07; Jun 17, 2022 $0.09; Sep 16, 2022 $0.10; Dec 16, 2022 $0.14; Mar 17, 2023 $0.10; Jun 16, 2023 $0.09; Sep 15, 2023 $0.10; Dec 15, 2023 $0.11; Dec 28, 2023 $0.02; Mar 15, 2024 $0.11; Jun 21, 2024 $0.11; Sep 20, 2024 $0.11; Dec 20, 2024 $0.17; Mar 21, 2025 $0.09; Jun 20, 2025 $0.12; Sep 19, 2025 $0.14; Dec 19, 2025 $0.15; Mar 20, 2026 $0.11; Jun 18, 2026 $0.14; Sep 18, 2026 $0.11. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 18, 2026Sep 22, 2026$0.11
Jun 18, 2026Jun 23, 2026$0.14
Mar 20, 2026Mar 24, 2026$0.11
Dec 19, 2025Dec 23, 2025$0.15
Sep 19, 2025Sep 23, 2025$0.14
Jun 20, 2025Jun 24, 2025$0.12
Mar 21, 2025Mar 25, 2025$0.09
Dec 20, 2024Dec 24, 2024$0.17
Sep 20, 2024Sep 24, 2024$0.11
Jun 21, 2024Jun 25, 2024$0.11
Mar 15, 2024Mar 20, 2024$0.11
Dec 28, 2023Jan 3, 2024$0.02

See all 94 payments⁠

$10,000 in ONEQ 10 years ago paid $1,987 in dividends.⁠

ONEQ Risk

Risk pillarD25 out of 100Rank 38 of 42 in Other Major Indexes
How much the fund’s monthly returns vary, scaled to a year.
17.5%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.18
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−35.2%
Trough Dec 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.23
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

ONEQ Cost

Compare ONEQ and SCHK

Overpaying vs SCHK, cheapest in Other Major Indexes

$3,719

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

  • ONEQ 0.21%

    $4,357

  • SCHK 0.03% Cheapest

    $638

$10,000
30 years

Cost over time

  • ONEQ 0.21%
  • SCHK 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K$5K051015202530ONEQ $4,357SCHK $638

Year by year

YearONEQSCHKOverpaying
10$383$55$328
20$1,491$216$1,275
30$4,357$638$3,719

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