ETF comparison

ONEQ vs QQQ

Both US Large Cap Growth.

Fidelity Nasdaq Composite Index ETF · Invesco QQQ Trust

Holdings overlap

Weighted by ISIN/CUSIP
71.4 %

101 positions appear in both funds. Buying equal dollars of ONEQ and QQQ would leave roughly 71.4% of each dollar exposed to the same underlying securities.

ONEQ only 33.1% Shared 71.4% QQQ only 28.5%
In ONEQ only
908 positions
Shared
101 positions
In QQQ only
0 positions

Side by side

ONEQ

Fidelity Nasdaq Composite Index ETF

Fidelity · US Large Cap Growth

79 composite / 100
Expense ratio
0.21%
Net assets
$10.69B
TTM yield
0.52%
Top-10 conc.
59.8%
QQQ

Invesco QQQ Trust

Invesco · US Large Cap Growth

83 composite / 100
Expense ratio
0.18%
Net assets
$490.10B
TTM yield
0.42%
Top-10 conc.
46.8%

Sub-score comparison

79
Cost
82
89
Tax efficiency
90
100
Liquidity
100
29
Concentration
47
Tracking quality
ONEQ sub-score QQQ

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

QQQ is 3 bps cheaper than ONEQ. On a $100,000 position that's about $30/yr more in fees for ONEQ.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with ONEQ vs QQQ.

Top shared holdings

101 shared in total
# Holding In ONEQ In QQQ Overlap
1 NVIDIA CORP 11.17% 8.68% 8.68%
2 APPLE INC 10.12% 7.63% 7.63%
3 MICROSOFT CORP 7.57% 5.63% 5.63%
4 AMAZON.COM INC 5.82% 4.58% 4.58%
5 TESLA INC 3.92% 3.80% 3.80%
6 META PLATFORMS INC 3.66% 3.46% 3.46%
7 ALPHABET INC 4.71% 3.43% 3.43%
8 ALPHABET INC 4.37% 3.20% 3.20%
9 BROADCOM INC 3.91% 3.01% 3.01%
10 WALMART INC 2.64% 3.43% 2.64%
11 MICRON TECHNOLOGY INC 1.20% 2.15% 1.20%
12 COSTCO WHOLESALE CORP 1.16% 2.50% 1.16%

Only in ONEQ

908 total
  • Fidelity Revere Street Trust 4.53%
  • Fidelity Revere Street Trust 0.38%
  • CME GROUP INC 0.30%
  • EQUINIX INC 0.24%
  • SANDISK CORP/DE 0.24%
  • ROBINHOOD MARKETS INC 0.15%
  • LUMENTUM HOLDINGS INC 0.13%
  • TERADYNE INC 0.13%
  • NASDAQ INC 0.13%
  • EBAY INC 0.10%

Only in QQQ

0 total

Every QQQ position is also held by ONEQ.

Open ONEQ or QQQ at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.