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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
71.2 %

101 positions appear in both funds. Buying equal dollars of ONEQ and QQQM would leave roughly 71.2% of each dollar exposed to the same underlying securities.

ONEQ unmatched 31.3% Shared 71.2% QQQM unmatched 28.5%

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
910 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
$10.94B
TTM yield
0.50%
Top-10 conc.
57.8%
QQQM

Invesco NASDAQ 100 ETF

Invesco · US Large Cap Growth

84 composite / 100
Expense ratio
0.15%
Net assets
$109.81B
TTM yield
0.45%
Top-10 conc.
47.3%

Sub-score comparison

79
Cost
85
90
Tax efficiency
90
100
Liquidity
100
32
Concentration
47
—
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 11.18% 8.13% 8.13%
2 APPLE INC 9.98% 7.26% 7.26%
3 MICROSOFT CORP 7.29% 5.30% 5.30%
4 AMAZON.COM INC 6.33% 4.60% 4.60%
5 ALPHABET INC 4.83% 3.51% 3.51%
6 TESLA INC 3.56% 3.45% 3.45%
7 BROADCOM INC 4.61% 3.36% 3.36%
8 ALPHABET INC 4.46% 3.24% 3.24%
9 META PLATFORMS INC 3.01% 2.96% 2.96%
10 MICRON TECHNOLOGY INC 2.37% 4.78% 2.37%
11 WALMART INC 2.01% 2.47% 2.01%
12 ADVANCED MICRO DEVICES INC 1.83% 3.68% 1.83%

Only in ONEQ

910 total
  • Fidelity Revere Street Trust 2.55%
  • Fidelity Revere Street Trust 0.47%
  • EQUINIX INC 0.23%
  • CME GROUP INC 0.21%
  • ROCKET LAB CORP 0.18%
  • ROBINHOOD MARKETS INC 0.16%
  • TERADYNE INC 0.13%
  • FLEX LTD 0.12%
  • ASTERA LABS INC 0.12%
  • NASDAQ INC 0.11%

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.