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ETF comparison

ONEQ vs QQQ

Both US Large Cap Growth.

Fidelity Nasdaq Composite Index ETF · Invesco QQQ Trust

Holdings overlap

Weighted by ISIN/CUSIP
66.3 %

101 positions appear in both funds. Buying equal dollars of ONEQ and QQQ would leave roughly 66.3% of each dollar exposed to the same underlying securities.

ONEQ unmatched 36.0% Shared 66.3% QQQ unmatched 33.6%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In ONEQ only
915 positions
Shared
101 positions
In QQQ only
1 positions

Side by side

ONEQ

Fidelity Nasdaq Composite Index ETF

Fidelity · US Large Cap Growth

80 composite / 100
Expense ratio
0.21%
Net assets
$10.45B
TTM yield
0.52%
Top-10 conc.
56.0%
QQQ

Invesco QQQ Trust

Invesco · US Large Cap Growth

83 composite / 100
Expense ratio
0.18%
Net assets
$463.83B
TTM yield
0.46%
Top-10 conc.
45.0%

Sub-score comparison

79
Cost
82
89
Tax efficiency
90
100
Liquidity
100
34
Concentration
50
—
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 11.57% 7.60% 7.60%
2 APPLE INC 10.08% 6.67% 6.67%
3 MICROSOFT CORP 8.16% 4.35% 4.35%
4 AMAZON.COM INC 6.05% 4.02% 4.02%
5 ALPHABET INC 4.28% 3.27% 3.27%
6 ALPHABET INC 3.96% 3.02% 3.02%
7 TESLA INC 2.99% 3.30% 2.99%
8 BROADCOM INC 3.80% 2.81% 2.81%
9 META PLATFORMS INC 2.72% 2.62% 2.62%
10 MICRON TECHNOLOGY INC 2.34% 5.64% 2.34%
11 WALMART INC 1.80% 2.39% 1.80%
12 ADVANCED MICRO DEVICES INC 1.66% 4.10% 1.66%

Only in ONEQ

915 total
  • Fidelity Revere Street Trust 2.36%
  • SPACE EXPLORATION TECHNOLOGIES CORP 2.29%
  • CME GROUP INC 0.22%
  • EQUINIX INC 0.22%
  • Fidelity Revere Street Trust 0.19%
  • ROBINHOOD MARKETS INC 0.18%
  • MODERNA INC 0.13%
  • NASDAQ INC 0.12%
  • NATERA INC 0.10%
  • EBAY INC 0.10%

Only in QQQ

1 total
  • Electronic Arts Inc. 0.22%

Percentages are holdings overlap with the named fund.

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.