ETF comparison

ONEQ vs QQQM

Both US Large Cap Growth.

Fidelity Nasdaq Composite Index ETF · Invesco NASDAQ 100 ETF

Holdings overlap

Weighted by ISIN/CUSIP
71.3 %

101 positions appear in both funds. Buying equal dollars of ONEQ and QQQM would leave roughly 71.3% of each dollar exposed to the same underlying securities.

ONEQ only 33.2% Shared 71.3% QQQM only 28.4%
In ONEQ only
908 positions
Shared
101 positions
In QQQM only
1 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%
QQQM

Invesco NASDAQ 100 ETF

Invesco · US Large Cap Growth

84 composite / 100
Expense ratio
0.15%
Net assets
$101.31B
TTM yield
0.44%
Top-10 conc.
46.7%

Sub-score comparison

79
Cost
85
89
Tax efficiency
90
100
Liquidity
100
29
Concentration
48
Tracking quality
ONEQ sub-score QQQM

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

Cost difference

QQQM is 6 bps cheaper than ONEQ. On a $100,000 position that's about $60/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 QQQM.

Top shared holdings

101 shared in total
# Holding In ONEQ In QQQM Overlap
1 NVIDIA CORP 11.17% 8.37% 8.37%
2 APPLE INC 10.12% 7.59% 7.59%
3 MICROSOFT CORP 7.57% 5.67% 5.67%
4 AMAZON.COM INC 5.82% 4.36% 4.36%
5 TESLA INC 3.92% 3.91% 3.91%
6 META PLATFORMS INC 3.66% 3.70% 3.66%
7 ALPHABET INC 4.71% 3.53% 3.53%
8 ALPHABET INC 4.37% 3.27% 3.27%
9 BROADCOM INC 3.91% 2.93% 2.93%
10 WALMART INC 2.64% 3.36% 2.64%
11 MICRON TECHNOLOGY INC 1.20% 2.49% 1.20%
12 COSTCO WHOLESALE CORP 1.16% 2.40% 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 QQQM

1 total
  • Invesco Government & Agency Portfolio 0.08%

Open ONEQ or QQQM 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.