Is ONEQ a good investment?

Fidelity Nasdaq Composite Index ETF (ONEQ) is a technology-hardware ETF. As of September 11, 2026, ETF Copilot scores ONEQ 5.8 out of 10 — highest on Quality (9.4), lowest on Risk (3.1). It trades at 28.0 times earnings, against its own median of 24.7. Its ten largest holdings are 56% of the fund.

Updated September 11, 2026

How is ONEQ rated? ETF Copilot scores Fidelity Nasdaq Composite Index ETF (ONEQ) 5.8 out of 10

As of September 11, 2026, ETF Copilot scores Fidelity Nasdaq Composite Index ETF (ONEQ) 5.8 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 5.8 / 10
Growth: 3.6 / 10
Valuation: 4.0 / 10
Risk: 3.1 / 10
Quality: 9.4 / 10
Return: 8.5 / 10

What is ONEQ's expense ratio? 0.21% 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.

Fidelity Nasdaq Composite Index ETF (ONEQ) — cost, income and size
Measure	ONEQ
Expense ratio	0.21%
Dividend yield	0.56%
Assets under management	$10.8B
Holdings	838

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.

What stands out in ONEQ's data

Tracks the Nasdaq Composite Index, giving broad exposure to U.S. tech and growth stocks.

Trades cheaper than most tech-hardware peers — you pay less for the same earnings stream.

Trailing EBITDA multiple of 19.3x sits below the category median of 22.1x, among the cheapest 10% of funds. Forward EBITDA multiple of 17.1x points to similar value ahead.

A single-ticker sleeve for portfolios seeking the Nasdaq Composite's full tech-and-growth exposure.

Why did ONEQ move this week? It fell 0.9% in the week to September 11, 2026 — Nvidia and Microsoft drove it

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.

Is ONEQ expensive right now? It trades at 28.0 times earnings, against its own median of 24.7

As of September 11, 2026, ONEQ is more expensive than 82% of its own 114 monthly readings since 2017 — 93 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside ONEQ? 65% Tech

What's inside ONEQ: Size (Large 87%, Mid 9%, Small 4%); Geography (International 5%, US 95%); Tech 65.4%; Magnificent 7 50.3%; AI 33.1%; Semiconductors 26.3%; Memory 21.8%.

What are ONEQ's top holdings? The ten largest are 56% of the fund

Nvidia, Apple, Microsoft, Amazon.com, Alphabet, Broadcom, Meta Platforms, Tesla and Micron Technology are ONEQ's largest holdings, in that order.

More concentrated than 58% of Tech - Hardware / Devices / Deep Tech ETFs.

Half of ONEQ's weight sits in its 8 largest positions, and once those weights are taken into account it behaves like 23 equally weighted holdings.

Cite this

ETF Copilot, “Fidelity Nasdaq Composite Index ETF (ONEQ) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/oneq