Fidelity Nasdaq Composite Index ETF (ONEQ) is a technology-hardware ETF. As of October 28, 2026, ETF Copilot scores ONEQ 7.1 out of 10 — highest on Growth (8.9), lowest on Risk (2.6). It trades at 26.4 times earnings, against its own median of 27.7. Its ten largest holdings are 56% of the fund.
What stands out in ONEQ's data
Tracks the Nasdaq Composite Index, giving broad exposure to U.S. tech and growth stocks.
Earns slightly more on its capital than the typical tech-hardware fund — a small edge in how profitably it runs.
Return on invested capital of 28.2% is just above the category median of 28.1% and ahead of its own 26.4% three-year average, with 840 holdings in the basket.
A single-ticker sleeve for portfolios seeking the Nasdaq Composite's full tech-and-growth exposure.
Why did ONEQ move this week? It fell 0.5% in the week to October 28, 2026 — Meta Platforms and Nvidia drove it
ONEQ fell 0.5% in the week to October 28, 2026. The holdings that moved it most were Meta Platforms (−12.2%), Nvidia (−3.0%) and Space Exploration Tech (−8.8%); Micron Technology (+7.6%) pushed the other way.
How is ONEQ rated? ETF Copilot scores Fidelity Nasdaq Composite Index ETF (ONEQ) 7.1 out of 10
As of October 28, 2026, ETF Copilot scores Fidelity Nasdaq Composite Index ETF (ONEQ) 7.1 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 7.1 / 10
- Growth: 8.9 / 10
- Value: 5.9 / 10
- Risk: 2.6 / 10
- Quality: 8.5 / 10
- Return: 8.4 / 10
Is ONEQ expensive right now? It trades at 26.4 times earnings, against its own median of 27.7
As of October 28, 2026, ONEQ is cheaper than 57% of its own last 9 years.
Trailing 12 months, built from ONEQ's holdings. How we calculate this →
What's inside ONEQ? 61% Tech
What's inside ONEQ: Size (Large 89%, Mid 8%, Small 4%); Geography (International 5%, US 96%); Tech 60.9%; Magnificent 7 49.8%; AI 32.5%; Semiconductors 25.0%; Memory 20.2%.
What are ONEQ's top holdings? The ten largest are 56% of the fund
Nvidia, Apple, Microsoft, Amazon.com, Alphabet, Broadcom, Tesla, Facebook and Space Exploration Tech are ONEQ's largest holdings, in that order.
More concentrated than 78% of Tech Hardware 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.
What is ONEQ's expense ratio? 0.21% a year
As of October 28, 2026, ONEQ charges 0.21% a year, yields 0.48% and holds $10.9B in assets across 840 positions.
| Measure | ONEQ |
|---|---|
| Expense ratio | 0.21% |
| Dividend yield | 0.48% |
| Assets under management | $10.9B |
| Holdings | 840 |
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.
Cite this
ETF Copilot, “Fidelity Nasdaq Composite Index ETF (ONEQ) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/oneq
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