ONEQ vs MGC
Comparison between FIDELITY NASDAQ COMPOSITE INDEX ETF (ONEQ, ETF) and VANGUARD MEGA CAP INDEX FUND ETF SHARES (MGC, ETF).
5-Year PerformanceMGC has outperformed ONEQ, delivering a return of +14.0% compared to +13.7%
ONEQ vs MGC - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
ONEQ
$10B
Winner
MGC
$11B
Expense Ratio
ONEQ
0.21%
Winner
MGC
0.05%
Max Drawdown
ONEQ
55.55%
Winner
MGC
52.73%
Sharpe Ratio
ONEQ
1.21
Winner
MGC
1.39
5Y Beta
ONEQ
1.26
Winner
MGC
1.01
P/E Ratio
ONEQ
32.68
Winner
MGC
26.60
Forward P/E
ONEQ
22.61
Winner
MGC
21.34
PEG Ratio
ONEQ
N/A
MGC
0.30
5Y Dividends CAGR
Winner
ONEQ
21.81%
MGC
9.96%
5Y EPS CAGR
Winner
ONEQ
32.88%
MGC
28.88%
Debt to Equity
ONEQ
N/A
MGC
8.68%
P/S Ratio
Winner
ONEQ
3.86
MGC
4.73
P/B Ratio
ONEQ
7.68
Winner
MGC
6.45
ONEQ vs MGC - Holdings Comparison
ONEQ and MGC have 59 common holdings. Overlap is 63.49%
ONEQ's top 25 holdings weight is 72.64%. MGC's top 25 holdings weight is 62.76%.
| Rank | ONEQ | MGC |
|---|---|---|
| #1 | NVIDIA CORP (NVDA) - 11.16% | NVIDIA CORP (NVDA) - 9.09% |
| #2 | APPLE INC (AAPL) - 10.71% | APPLE INC (AAPL) - 8.55% |
| #3 | MICROSOFT CORP (MSFT) - 6.57% | MICROSOFT CORP (MSFT) - 6.24% |
| #4 | AMAZON.COM INC (AMZN) - 5.92% | AMAZON.COM INC (AMZN) - 4.88% |
| #5 | ALPHABET INC CLASS A (GOOGL) - 4.50% | ALPHABET INC CLASS A (GOOGL) - 4.13% |
| #6 | ALPHABET INC CLASS C (GOOG) - 4.20% | BROADCOM INC (AVGO) - 3.95% |
| #7 | BROADCOM INC (AVGO) - 4.07% | ALPHABET INC CLASS C (GOOG) - 3.24% |
| #8 | TESLA INC (TSLA) - 3.16% | META PLATFORMS INC CLASS A (META) - 2.58% |
| #9 | META PLATFORMS INC CLASS A (META) - 3.14% | TESLA INC (TSLA) - 2.29% |
| #10 | MICRON TECHNOLOGY INC (MU) - 2.44% | MICRON TECHNOLOGY INC (MU) - 2.04% |
| #11 | n/a (n/a) - 2.17% | ELI LILLY AND CO (LLY) - 1.75% |
| #12 | n/a (SPCX) - 2.03% | ADVANCED MICRO DEVICES INC (AMD) - 1.57% |
| #13 | ADVANCED MICRO DEVICES INC (AMD) - 1.97% | BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.53% |
| #14 | WALMART INC (WMT) - 1.95% | JPMORGAN CHASE & CO (JPM) - 1.41% |
| #15 | INTEL CORP (INTC) - 1.18% | EXXON MOBIL CORP (XOM) - 1.13% |
| #16 | APPLIED MATERIALS INC (AMAT) - 1.00% | VISA INC CLASS A (V) - 1.02% |
| #17 | CISCO SYSTEMS INC (CSCO) - 0.98% | JOHNSON & JOHNSON (JNJ) - 1.01% |
| #18 | COSTCO WHOLESALE CORP (COST) - 0.91% | WALMART INC (WMT) - 0.95% |
| #19 | LAM RESEARCH CORP (LRCX) - 0.90% | INTEL CORP (INTC) - 0.85% |
| #20 | n/a (PLTR) - 0.67% | CISCO SYSTEMS INC (CSCO) - 0.80% |
| #21 | NETFLIX INC (NFLX) - 0.64% | COSTCO WHOLESALE CORP (COST) - 0.79% |
| #22 | KLA CORP (KLAC) - 0.64% | CATERPILLAR INC (CAT) - 0.76% |
| #23 | PALO ALTO NETWORKS INC (PANW) - 0.62% | LAM RESEARCH CORP (LRCX) - 0.74% |
| #24 | TEXAS INSTRUMENTS INC (TXN) - 0.59% | MASTERCARD INC CLASS A (MA) - 0.73% |
| #25 | LINDE PLC (LIN) - 0.52% | ORACLE CORP (ORCL) - 0.73% |
| Total Holdings | 987 | 182 |
ONEQ vs MGC - Historical Returns
Returns include dividend reinvestment.
1M
ONEQ
+3.34%
Winner
MGC
+3.61%
3M
ONEQ
+3.84%
Winner
MGC
+6.02%
6M
Winner
ONEQ
+16.92%
MGC
+13.21%
1Y
Winner
ONEQ
+27.08%
MGC
+24.27%
5Y(CAGR)
ONEQ
+13.67%
Winner
MGC
+13.96%
10Y(CAGR)
Winner
ONEQ
+18.98%
MGC
+16.17%
Max(CAGR)
Winner
ONEQ
+13.45%
MGC
+11.72%
ONEQ vs MGC - Annual Returns (2003 - 2026)
Returns include dividend reinvestment.
| Year | ONEQ | MGC |
|---|---|---|
| 2026 | +15.87% | +13.60% |
| 2025 | +21.08% | +19.56% |
| 2024 | +31.75% | +28.00% |
| 2023 | +46.53% | +30.33% |
| 2022 | -32.97% | -20.56% |
| 2021 | +24.00% | +29.30% |
| 2020 | +43.15% | +20.27% |
| 2019 | +37.55% | +31.00% |
| 2018 | -4.54% | -4.16% |
| 2017 | +28.37% | +21.65% |
| 2016 | +11.35% | +13.56% |
| 2015 | +7.55% | +1.55% |
| 2014 | +15.19% | +14.37% |
| 2013 | +35.41% | +28.94% |
| 2012 | +15.29% | +14.39% |
| 2011 | -2.18% | +1.23% |
| 2010 | +16.05% | +12.05% |
| 2009 | +39.93% | +21.72% |
| 2008 | -38.87% | -35.04% |
| 2007 | +9.80% | -0.73% |
| 2006 | +8.55% | N/A |
| 2005 | +3.01% | N/A |
| 2004 | +8.54% | N/A |
| 2003 | +9.20% | N/A |
ONEQ vs MGC Drawdown Comparison
The maximum drawdown for ONEQ was -55.09%, occurring on Mar 9, 2009. Recovery took 823 trading sessions.
The maximum drawdown for MGC was -51.92%, occurring on Mar 9, 2009. Recovery took 1043 trading sessions.
The current ONEQ drawdown is -1.14%.
| Rank | ONEQ | MGC |
|---|---|---|
| #1 | -55.09% Oct 31, 2007 - Feb 7, 2011 | -51.92% Dec 27, 2007 - Feb 16, 2012 |
| #2 | -35.23% Nov 19, 2021 - Jan 29, 2024 | -33.07% Feb 19, 2020 - Aug 5, 2020 |
| #3 | -30.16% Feb 19, 2020 - Jun 5, 2020 | -25.75% Jan 3, 2022 - Dec 12, 2023 |
| #4 | -24.09% Dec 16, 2024 - Jun 26, 2025 | -19.28% Feb 19, 2025 - Jun 26, 2025 |
| #5 | -23.27% Aug 31, 2018 - Apr 23, 2019 | -19.02% Oct 3, 2018 - Apr 12, 2019 |
| #6 | -18.54% Jul 7, 2011 - Feb 2, 2012 | -12.95% Jul 20, 2015 - Apr 19, 2016 |
| #7 | -18.36% Jan 20, 2004 - Dec 3, 2004 | -10.05% Jan 26, 2018 - Jul 25, 2018 |
| #8 | -17.65% Jul 20, 2015 - Jul 29, 2016 | -9.84% Jan 12, 2026 - Apr 15, 2026 |
| #9 | -14.70% Apr 19, 2006 - Oct 16, 2006 | -9.64% Sep 2, 2020 - Nov 16, 2020 |
| #10 | -13.24% Jul 10, 2024 - Oct 29, 2024 | -9.40% Apr 2, 2012 - Aug 10, 2012 |
| #11 | -12.72% Dec 30, 2004 - Jul 20, 2005 | -9.09% Jul 10, 2024 - Sep 19, 2024 |
| #12 | -12.64% Oct 29, 2025 - Apr 15, 2026 | -7.38% Oct 4, 2012 - Jan 2, 2013 |
| #13 | -11.96% Sep 2, 2020 - Nov 25, 2020 | -7.37% Sep 19, 2014 - Oct 31, 2014 |
| #14 | -11.77% Mar 27, 2012 - Sep 6, 2012 | -6.77% Apr 30, 2019 - Jun 20, 2019 |
| #15 | -10.92% Sep 19, 2012 - Feb 1, 2013 | -6.00% Jul 26, 2019 - Oct 25, 2019 |
Correlation
Correlation between ONEQ and MGC is 1.00 which considered as a very strong positive correlation - the stocks move almost identically together.
1.00
-101
Dividend Comparison (2003 - 2026)
ONEQ vs MGC dividend yield comparison.
| Year | ONEQ | MGC |
|---|---|---|
| 2026 | 0.57% | 0.47% |
| 2025 | 0.54% | 0.93% |
| 2024 | 0.65% | 1.15% |
| 2023 | 0.71% | 1.35% |
| 2022 | 0.97% | 1.65% |
| 2021 | 0.54% | 1.17% |
| 2020 | 0.71% | 1.45% |
| 2019 | 2.51% | 1.81% |
| 2018 | 1.08% | 2.10% |
| 2017 | 0.84% | 1.83% |
| 2016 | 1.12% | 2.14% |
| 2015 | 1.04% | 2.11% |
| 2014 | 1.19% | 1.81% |
| 2013 | 0.84% | 1.86% |
| 2012 | 1.42% | 2.26% |
| 2011 | 0.85% | 2.07% |
| 2010 | 0.68% | 1.86% |
| 2009 | 0.51% | 2.16% |
| 2008 | 0.92% | 2.07% |
| 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% |
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