ONEQ vs GRID

Comparison between FIDELITY NASDAQ COMPOSITE INDEX ETF (ONEQ, ETF) and FIRST TRUST NASDAQ CLEAN EDGE SMART GRID INFRASTRUCTURE INDEX FUND (GRID, ETF).

5-Year PerformanceGRID has outperformed ONEQ, delivering a return of +19.3% compared to +16.1%

ONEQ vs GRID - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ONEQ(ETF)	GRID(ETF)
Net Assets	$10B	$10B
Expense Ratio	0.21%	0.56%
Max Drawdown	55.55%	40.56%
Sharpe Ratio	2.17	2.39
5Y Beta	1.25	1.05
Forward P/E	25.24	N/A
5Y Dividends CAGR	16.46%	22.26%
5Y EPS CAGR	32.63%	N/A
P/S Ratio	3.38	N/A
P/B Ratio	7.73	N/A

Net Assets

ONEQ

$10B

GRID

$10B

Expense Ratio

Winner

ONEQ

0.21%

GRID

0.56%

Max Drawdown

ONEQ

55.55%

Winner

GRID

40.56%

Sharpe Ratio

ONEQ

2.17

Winner

GRID

2.39

5Y Beta

ONEQ

1.25

Winner

GRID

1.05

Forward P/E

ONEQ

25.24

GRID

N/A

5Y Dividends CAGR

ONEQ

16.46%

Winner

GRID

22.26%

5Y EPS CAGR

ONEQ

32.63%

GRID

N/A

P/S Ratio

ONEQ

3.38

GRID

N/A

P/B Ratio

ONEQ

7.73

GRID

N/A

ONEQ vs GRID - Holdings Comparison

ONEQ and GRID have 16 common holdings. Overlap is 5.04%

ONEQ's top 25 holdings weight is 72.58%. GRID's top 25 holdings weight is 77.51%.

Rank	ONEQ	GRID
#1	NVIDIA CORP (NVDA) - 11.16%	ABB LTD (n/a) - 8.14%
#2	APPLE INC (AAPL) - 9.75%	EATON CORP PLC (ETN) - 8.07%
#3	MICROSOFT CORP (MSFT) - 7.14%	n/a (JCI) - 7.41%
#4	AMAZON.COM INC (AMZN) - 6.86%	SCHNEIDER ELECTRIC SE (n/a) - 7.22%
#5	ALPHABET INC CLASS A (GOOGL) - 5.28%	NATIONAL GRID PLC (n/a) - 6.91%
#6	ALPHABET INC CLASS C (GOOG) - 4.88%	QUANTA SERVICES INC (PWR) - 5.06%
#7	BROADCOM INC (AVGO) - 4.73%	PRYSMIAN SPA (n/a) - 4.98%
#8	n/a (n/a) - 3.67%	E.ON SE (n/a) - 3.41%
#9	TESLA INC (TSLA) - 3.41%	NVENT ELECTRIC PLC (NVT) - 2.55%
#10	META PLATFORMS INC CLASS A (META) - 3.09%	HUBBELL INC (HUBB) - 2.52%
#11	WALMART INC (WMT) - 2.43%	HD HYUNDAI ELECTRIC (n/a) - 2.07%
#12	MICRON TECHNOLOGY INC (MU) - 1.67%	NVIDIA CORP (NVDA) - 2.05%
#13	ADVANCED MICRO DEVICES INC (AMD) - 1.35%	TESLA INC (TSLA) - 1.79%
#14	INTEL CORP (INTC) - 1.25%	TERNA SPA (n/a) - 1.76%
#15	COSTCO WHOLESALE CORP (COST) - 1.05%	FUJIKURA LTD (n/a) - 1.59%
#16	CISCO SYSTEMS INC (CSCO) - 0.87%	HYDRO ONE LTD (n/a) - 1.57%
#17	NETFLIX INC (NFLX) - 0.86%	LS ELECTRIC CO LTD (n/a) - 1.47%
#18	LAM RESEARCH CORP (LRCX) - 0.80%	CISCO SYSTEMS INC (CSCO) - 1.37%
#19	APPLIED MATERIALS INC (AMAT) - 0.76%	ORACLE CORP (ORCL) - 1.26%
#20	n/a (PLTR) - 0.72%	EQUATORIAL SA (n/a) - 1.24%
#21	MONSTER BEVERAGE CORP (MNST) - 0.17%	APTIV PLC (APTV) - 1.10%
#22	LUMENTUM HOLDINGS INC (LITE) - 0.17%	SPIE SA (n/a) - 1.05%
#23	NXP SEMICONDUCTORS NV (NXPI) - 0.17%	GE VERNOVA INC (GEV) - 1.02%
#24	AMERICAN ELECTRIC POWER CO INC (AEP) - 0.17%	BELIMO HOLDING AG (n/a) - 0.96%
#25	ROSS STORES INC (ROST) - 0.17%	ELIA GROUP SA/NV (n/a) - 0.94%
Total Holdings	950	130

ONEQ vs GRID - Historical Returns

Returns include dividend reinvestment.

Period	ONEQ	GRID
1 month	+13.77%	+9.84%
3 months	+17.40%	+12.53%
6 months	+16.03%	+29.39%
1 year	+39.86%	+56.31%
5 years(CAGR)	+16.14%	+19.32%
10 years(CAGR)	+19.99%	+20.04%
Max(CAGR)	+13.52%	+13.29%

Winner

ONEQ

+13.77%

GRID

+9.84%

Winner

ONEQ

+17.40%

GRID

+12.53%

ONEQ

+16.03%

Winner

GRID

+29.39%

ONEQ

+39.86%

Winner

GRID

+56.31%

5Y(CAGR)

ONEQ

+16.14%

Winner

GRID

+19.32%

10Y(CAGR)

ONEQ

+19.99%

Winner

GRID

+20.04%

Max(CAGR)

Winner

ONEQ

+13.52%

GRID

+13.29%

ONEQ vs GRID - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	ONEQ	GRID
2026	+14.05%	+26.67%
2025	+21.08%	+29.86%
2024	+31.75%	+16.50%
2023	+46.53%	+21.63%
2022	-32.97%	-14.08%
2021	+24.00%	+28.22%
2020	+43.15%	+46.19%
2019	+37.55%	+42.24%
2018	-4.54%	-22.93%
2017	+28.37%	+28.47%
2016	+11.35%	+25.59%
2015	+7.55%	-4.90%
2014	+15.19%	+0.55%
2013	+35.41%	+23.35%
2012	+15.29%	+15.17%
2011	-2.18%	-21.53%
2010	+16.05%	-2.49%
2009	+39.93%	+6.58%
2008	-38.87%	N/A
2007	+9.80%	N/A
2006	+8.55%	N/A
2005	+3.01%	N/A
2004	+8.54%	N/A
2003	+9.20%	N/A

ONEQ vs GRID Drawdown Comparison

The maximum drawdown for ONEQ was -55.09%, occurring on Mar 9, 2009. Recovery took 823 trading sessions.

The maximum drawdown for GRID was -40.56%, occurring on Mar 18, 2020. Recovery took 116 trading sessions.

The current GRID drawdown is -1.27%.

Rank	ONEQ	GRID
#1	-55.09% Oct 31, 2007 - Feb 7, 2011	-40.56% Feb 20, 2020 - Aug 5, 2020
#2	-35.23% Nov 19, 2021 - Jan 29, 2024	-35.42% Apr 4, 2011 - Sep 24, 2013
#3	-30.16% Feb 19, 2020 - Jun 5, 2020	-29.65% Jan 26, 2018 - Nov 4, 2019
#4	-24.09% Dec 16, 2024 - Jun 26, 2025	-29.64% Nov 19, 2021 - Jun 13, 2023
#5	-23.27% Aug 31, 2018 - Apr 23, 2019	-26.65% Mar 6, 2014 - Aug 16, 2016
#6	-18.54% Jul 7, 2011 - Feb 2, 2012	-20.76% Jul 18, 2023 - Feb 22, 2024
#7	-18.36% Jan 20, 2004 - Dec 3, 2004	-20.62% Sep 26, 2024 - May 15, 2025
#8	-17.65% Jul 20, 2015 - Jul 29, 2016	-18.68% Jan 8, 2010 - Jan 24, 2011
#9	-14.70% Apr 19, 2006 - Oct 16, 2006	-11.72% Feb 25, 2026 - Apr 13, 2026
#10	-13.24% Jul 10, 2024 - Oct 29, 2024	-10.62% Jul 16, 2024 - Sep 17, 2024
#11	-12.72% Dec 30, 2004 - Jul 20, 2005	-8.34% Sep 2, 2020 - Oct 5, 2020
#12	-12.64% Oct 29, 2025 - Apr 15, 2026	-7.91% Feb 18, 2011 - Mar 30, 2011
#13	-11.96% Sep 2, 2020 - Nov 25, 2020	-7.80% Oct 29, 2025 - Jan 16, 2026
#14	-11.77% Mar 27, 2012 - Sep 6, 2012	-7.40% Sep 2, 2021 - Oct 28, 2021
#15	-10.92% Sep 19, 2012 - Feb 1, 2013	-6.94% Jan 7, 2021 - Mar 11, 2021

Correlation

Correlation between ONEQ and GRID is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98

-101

Dividend Comparison (2003 - 2026)

ONEQ vs GRID dividend yield comparison.

Year	ONEQ	GRID
2026	0.29%	0.05%
2025	0.54%	1.01%
2024	0.65%	1.06%
2023	0.71%	1.23%
2022	0.97%	1.26%
2021	0.54%	0.63%
2020	0.71%	0.68%
2019	2.51%	1.26%
2018	1.08%	1.28%
2017	0.84%	1.07%
2016	1.12%	1.07%
2015	1.04%	1.23%
2014	1.19%	1.46%
2013	0.84%	1.33%
2012	1.42%	0.89%
2011	0.85%	1.02%
2010	0.68%	0.68%
2009	0.51%	0.07%
2008	0.92%	0.00%
2007	0.57%	0.00%
2006	0.46%	0.00%
2005	0.97%	0.00%
2004	1.20%	0.00%
2003	0.09%	0.00%