Fidelity Nasdaq Composite Index ETF
$107.20−0.16 (−0.15%)
- 0.21%
- $10.9B
- +23.6%
- 0.48%
- 0.3M sh
- $107.34
- low $81.45high $109.24
The ETF.net ONEQ Grade
B
Score 67 out of 100
- 14 of 43
Score 67 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.B57 out of 100Rank 19 of 43Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 31Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D35 out of 100Rank 29 of 43Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A89 out of 100Rank 5 of 43Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D28 out of 100Rank 38 of 41Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A82 out of 100Rank 7 of 43
Our read on ONEQ
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.
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 Holdings
- Stocks
- 1,020
- 57%
- NVDA
Sectors
- Technology55.4%
- Communication14.0%
- Consumer Discretionary11.3%
- Health Care5.3%
- Industrials5.1%
- Consumer Staples3.9%
- Financials2.7%
- Materials0.8%
- Utilities0.7%
- Real Estate0.5%
- Energy0.5%
Geography
- United States95.96%
- United Kingdom0.84%
- Netherlands0.72%
- Canada0.66%
- Israel0.31%
- Ireland0.21%
- Uruguay0.20%
- China0.14%
- 0.94%
ONEQ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
ONEQ$12,360
Returns run to the Oct 12, 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.
| Period | ONEQ |
|---|---|
| Year to date | +17.9% |
| 1 month | +3.6% |
| 3 months | +3.8% |
| 1 year | +23.6% |
| 3 years | +26.9% |
| 5 years | +14.6% |
| 10 years | +19.0% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | ONEQ |
|---|---|---|
| 2026 YTD | +17.9% | |
| 2025 | +20.9% | |
| 2024 | +29.3% | |
| 2023 | +45.7% | |
| 2022 | −32.1% | |
| 2021 | +22.1% | |
| 2020 | +44.9% |
ONEQ in the news
ONEQ Dividends
- 0.48%
- $0.51
- $0.11 per share
- Quarterly
Distribution history
ONEQ Risk
- 17.2%
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.
- 1.25
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.
- −35.2%
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.
- 1.22
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
ONEQ Cost
0.21%
ONEQ0.21%
- The middle half of Other Major Indexes funds
- Median 0.29%
18 of the 42 Other Major Indexes funds charge less.
Other funds in Other Major Indexes
- AUSSGXtrackers MSCI USA Selection Equity ETFExpense ratio 0.09%1 year return +21.9%
- BXOEXXtrackers S&P 100 Ex Top 20 ETFExpense ratio 0.15%1 year return +19.3%
- BIVOVVanguard S&P Mid-Cap 400 Value ETFExpense ratio 0.10%1 year return +13.9%
- BRWLInvesco S&P 500 Revenue ETFExpense ratio 0.39%1 year return +24.1%
- BXJRiShares ESG Select Screened S&P Small-Cap ETFExpense ratio 0.12%1 year return +20.5%