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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
71.0 %

102 positions appear in both funds. Buying equal dollars of ONEQ and QQQM would leave roughly 71.0% of each dollar exposed to the same underlying securities.

ONEQ unmatched 31.3% Shared 71.0% QQQM unmatched 28.9%

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
914 positions
Shared
102 positions
In QQQM 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%
QQQM

Invesco NASDAQ 100 ETF

Invesco · US Large Cap Growth

84 composite / 100
Expense ratio
0.15%
Net assets
$106.03B
TTM yield
0.47%
Top-10 conc.
46.3%

Sub-score comparison

79
Cost
85
89
Tax efficiency
90
100
Liquidity
100
34
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

102 shared in total
# Holding In ONEQ In QQQM Overlap
1 NVIDIA CORP 11.57% 8.51% 8.51%
2 APPLE INC 10.08% 7.41% 7.41%
3 MICROSOFT CORP 8.16% 6.00% 6.00%
4 AMAZON.COM INC 6.05% 4.45% 4.45%
5 ALPHABET INC 4.28% 3.15% 3.15%
6 TESLA INC 2.99% 2.93% 2.93%
7 ALPHABET INC 3.96% 2.92% 2.92%
8 BROADCOM INC 3.80% 2.80% 2.80%
9 META PLATFORMS INC 2.72% 2.70% 2.70%
10 MICRON TECHNOLOGY INC 2.34% 4.76% 2.34%
11 WALMART INC 1.80% 2.25% 1.80%
12 ADVANCED MICRO DEVICES INC 1.66% 3.38% 1.66%

Only in ONEQ

914 total
  • Fidelity Revere Street Trust 2.36%
  • 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%
  • INTERACTIVE BROKERS GROUP INC 0.09%

Only in QQQM

1 total
  • Invesco Government & Agency Portfolio 0.12%

Percentages are holdings overlap with the named fund.

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.