ONEQ vs XLK: holdings overlap, shared companies and scores

As of September 11, 2026, ONEQ and XLK overlap 49.9% by weight. Fidelity Nasdaq Composite Index ETF (ONEQ): Nasdaq Composite Index stocks. State Street Technology Select Sector SPDR ETF (XLK): U.S. technology sector.

Updated September 11, 2026

How much do ONEQ and XLK overlap?

As of September 11, 2026, ONEQ and XLK overlap 49.9% by weight.

50% of ONEQ is already inside XLK.

86% of XLK is already inside ONEQ.

ONEQ holds 838 companies and XLK holds 72; 50 are in both.

Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.

How does ETF Copilot score ONEQ and XLK?

As of September 11, 2026, ETF Copilot scores ONEQ 5.8 out of 10 and XLK 6.6 out of 10.

They differ most on Growth: ONEQ 3.6 and XLK 8.4.

The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.

ONEQ vs XLK — ETF Copilot factor scores, 0–10
Factor	ONEQ	XLK
Growth	3.6	8.4
Valuation	4.0	1.3
Risk	3.1	2.0
Quality	9.4	9.6
Return	8.5	9.5

XLK is the cheaper of the two at 0.08% a year

As of September 11, 2026, ONEQ charges 0.21% a year, yields 0.56% and holds $10.8B in assets across 838 positions.

As of September 11, 2026, XLK charges 0.08% a year, yields 0.60% and holds $122.5B in assets across 72 positions.

ONEQ vs XLK — cost, income and size
Measure	ONEQ	XLK
Expense ratio	0.21%	0.08%
Dividend yield	0.56%	0.60%
Assets under management	$10.8B	$122.5B
Holdings	838	72

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

Where ONEQ and XLK trade against their own history

ONEQ trades at 28.0 times earnings, against its own median of 24.7, and is more expensive than 82% of its own 114 monthly readings since 2017.

XLK trades at 35.5 times earnings, against its own median of 28.2, and is more expensive than 86% of its own 114 monthly readings since 2017.

What moved ONEQ and XLK this week

ONEQ fell 0.9% in the week to September 11, 2026. The holdings that moved it most were Nvidia (−4.4%), Microsoft (−2.8%) and Tesla (−2.9%); Advanced Micro Devices (+13.1%) pushed the other way.

XLK rose 0.9% in the week to September 11, 2026. The holdings that moved it most were Advanced Micro Devices (+13.1%), Intel (+12.3%) and Marvell Technology (+13.1%); Nvidia (−4.4%) pushed the other way.

What do ONEQ and XLK each hold?

What's inside ONEQ: Tech 65%, Magnificent 7 50%.

56% of ONEQ is its ten largest holdings.

What's inside XLK: Tech 100%, Semiconductors 44%.

61% of XLK is its ten largest holdings.

Compare with similar funds

Cite this

ETF Copilot, “ONEQ vs XLK holdings overlap and scores”, as of September 11, 2026.
https://etf-copilot.com/compare/oneq-vs-xlk