Key stats
About Fidelity Nasdaq Composite Index ETF
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Inception date
Sep 25, 2003
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Fidelity Management & Research Co. LLC
Distributor
Fidelity Distributors Corp.
ONEQ tracks only Nasdaq-listed companies and ignores those trading on the NYSE or other exchanges. The funds underlying index comprises all domestic and international companies listed in Nasdaq. ONEQs portfolio may favor technology firms, which in the past have dominated the Nasdaq market. This is at the expense of energy, industrials, financials and other industries. Its heavy weightings to large-cap firms may increase single-stock blowup risk. Much like the market it aims to track, ONEQ is essentially a growth play, carrying elevated P/E and P/B ratios and paying smaller dividends. This exposure has translated to higher market risk. ONEQ uses a sampling strategy to track its index, which is reconstituted and rebalanced daily.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Retail Trade
Stocks99.84%
Technology Services31.33%
Electronic Technology30.93%
Retail Trade10.60%
Health Technology5.76%
Finance4.53%
Consumer Services3.35%
Consumer Durables3.28%
Consumer Non-Durables2.13%
Producer Manufacturing1.39%
Communications1.31%
Transportation1.08%
Process Industries0.97%
Utilities0.95%
Commercial Services0.60%
Industrial Services0.52%
Energy Minerals0.39%
Distribution Services0.31%
Health Services0.22%
Non-Energy Minerals0.18%
Miscellaneous0.01%
Bonds, Cash & Other0.16%
Cash0.14%
Government0.01%
Miscellaneous0.00%
Rights & Warrants0.00%
Stock breakdown by region
North America95.68%
Europe2.68%
Asia0.72%
Middle East0.50%
Latin America0.41%
Oceania0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ONEQ invests in stocks. The fund's major sectors are Technology Services, with 31.33% stocks, and Electronic Technology, with 30.93% of the basket. The assets are mostly located in the North America region.
ONEQ top holdings are Apple Inc. and Microsoft Corporation, occupying 11.80% and 9.87% of the portfolio correspondingly.
ONEQ last dividends amounted to 0.09 USD. The quarter before, the issuer paid 0.17 USD in dividends, which shows a 84.62% decrease.
ONEQ assets under management is 7.58 B USD. It's risen 20.89% over the last month.
ONEQ fund flows account for 397.86 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, ONEQ pays dividends to its holders with the dividend yield of 0.69%. The last dividend (Mar 25, 2025) amounted to 0.09 USD. The dividends are paid quarterly.
ONEQ shares are issued by FMR LLC under the brand Fidelity. The ETF was launched on Sep 25, 2003, and its management style is Passive.
ONEQ expense ratio is 0.21% meaning you'd have to pay 0.21% of your investment to help manage the fund.
ONEQ follows the NASDAQ Composite Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ONEQ invests in stocks.
ONEQ price has risen by 17.93% over the last month, and its yearly performance shows a 12.62% increase. See more dynamics on ONEQ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 19.00% over the last month, showed a −5.33% decrease in three-month performance and has increased by 13.03% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 19.00% over the last month, showed a −5.33% decrease in three-month performance and has increased by 13.03% in a year.
ONEQ trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.