Fidelity Nasdaq Composite Index ETF
$106.20−1.12 (−1.04%)
- Expense ratio
- 0.21%
- Fund size
- $10.8B
- 1Y return
- +20.4%
- Yield · Last 12 months
- 0.48%
- Holdings
- 1046
- Volume · 30D
- 0.3M sh
- NAV per share
- $106.83
- 52W range
The ETF.net ONEQ Grade
Score 68 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 58Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 37Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 89Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 28Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 82Category rank
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
- 1,046
- 57%
- NVDA
Sectors
- Technology54.2%
- Communication13.7%
- Consumer Discr.12.0%
- Health Care5.4%
- Industrials5.0%
- Cons. Staples4.2%
- Financials2.9%
- Materials0.9%
- Utilities0.7%
- Real Estate0.6%
- Energy0.5%
Geography
- United States95.92%
- United Kingdom0.85%
- Netherlands0.73%
- Canada0.62%
- Israel0.32%
- Ireland0.23%
- Uruguay0.21%
- China0.14%
- 0.96%
ONEQ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | +4.2% |
| 3 months | +4.3% |
| 1 year | +20.4% |
| 3 years | +28.2% |
| 5 years | +13.9% |
| 10 years | +18.8% |
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
ETF.net Research hasn’t filed on ONEQ yet — coverage lands here as it’s written.
ONEQ Dividends
- 0.48%
- $0.51
- $0.11 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 18, 2026 | Sep 22, 2026 | $0.11 |
| Jun 18, 2026 | Jun 23, 2026 | $0.14 |
| Mar 20, 2026 | Mar 24, 2026 | $0.11 |
| Dec 19, 2025 | Dec 23, 2025 | $0.15 |
| Sep 19, 2025 | Sep 23, 2025 | $0.14 |
| Jun 20, 2025 | Jun 24, 2025 | $0.12 |
| Mar 21, 2025 | Mar 25, 2025 | $0.09 |
| Dec 20, 2024 | Dec 24, 2024 | $0.17 |
| Sep 20, 2024 | Sep 24, 2024 | $0.11 |
| Jun 21, 2024 | Jun 25, 2024 | $0.11 |
| Mar 15, 2024 | Mar 20, 2024 | $0.11 |
| Dec 28, 2023 | Jan 3, 2024 | $0.02 |
ONEQ Risk
- 17.7%
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.
- 1.06
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
- The middle half of Other Major Indexes funds
- Median 0.29%
18 of the 42 Other Major Indexes funds charge less.