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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
67.1 %

100 positions appear in both funds. Buying equal dollars of ONEQ and QQQ would leave roughly 67.1% of each dollar exposed to the same underlying securities.

ONEQ unmatched 35.4% Shared 67.1% QQQ unmatched 32.8%

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
911 positions
Shared
100 positions
In QQQ only
2 positions

Side by side

ONEQ

Fidelity Nasdaq Composite Index ETF

Fidelity · US Large Cap Growth

79 composite / 100
Expense ratio
0.21%
Net assets
$10.94B
TTM yield
0.50%
Top-10 conc.
57.8%
QQQ

Invesco QQQ Trust

Invesco · US Large Cap Growth

83 composite / 100
Expense ratio
0.18%
Net assets
$498.95B
TTM yield
0.44%
Top-10 conc.
45.0%

Sub-score comparison

79
Cost
82
90
Tax efficiency
90
100
Liquidity
100
32
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

100 shared in total
# Holding In ONEQ In QQQ Overlap
1 NVIDIA CORP 11.18% 7.60% 7.60%
2 APPLE INC 9.98% 6.67% 6.67%
3 MICROSOFT CORP 7.29% 4.35% 4.35%
4 AMAZON.COM INC 6.33% 4.02% 4.02%
5 TESLA INC 3.56% 3.30% 3.30%
6 ALPHABET INC 4.83% 3.27% 3.27%
7 ALPHABET INC 4.46% 3.02% 3.02%
8 BROADCOM INC 4.61% 2.81% 2.81%
9 META PLATFORMS INC 3.01% 2.62% 2.62%
10 MICRON TECHNOLOGY INC 2.37% 5.64% 2.37%
11 WALMART INC 2.01% 2.39% 2.01%
12 ADVANCED MICRO DEVICES INC 1.83% 4.10% 1.83%

Only in ONEQ

911 total
  • Fidelity Revere Street Trust 2.55%
  • Fidelity Revere Street Trust 0.47%
  • HONEYWELL INTERNATIONAL INC 0.33%
  • EQUINIX INC 0.23%
  • CME GROUP INC 0.21%
  • ROBINHOOD MARKETS INC 0.16%
  • FLEX LTD 0.12%
  • NASDAQ INC 0.11%
  • EBAY INC 0.11%
  • ON SEMICONDUCTOR CORP 0.10%

Only in QQQ

2 total
  • Honeywell International Inc. 0.31%
  • Honeywell Aerospace Inc. 0.30%

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.