ONEQ vs SPY
Comparison between FIDELITY NASDAQ COMPOSITE INDEX ETF (ONEQ, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceONEQ has outperformed SPY, delivering a return of +15.0% compared to +13.3%
ONEQ vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
ONEQ
$8.60B
Winner
SPY
$652B
Expense Ratio
ONEQ
0.21%
Winner
SPY
0.09%
Max Drawdown
Winner
ONEQ
55.55%
SPY
56.47%
Sharpe Ratio
Winner
ONEQ
2.27
SPY
2.07
5Y Beta
ONEQ
1.25
Winner
SPY
1.00
P/E Ratio
ONEQ
N/A
SPY
28.24
Forward P/E
ONEQ
24.47
Winner
SPY
21.85
5Y Dividends CAGR
Winner
ONEQ
16.46%
SPY
5.43%
5Y EPS CAGR
Winner
ONEQ
32.99%
SPY
25.79%
Debt to Equity
ONEQ
N/A
SPY
22.35%
P/S Ratio
Winner
ONEQ
3.27
SPY
3.55
P/B Ratio
ONEQ
7.68
Winner
SPY
5.29
ONEQ vs SPY - Holdings Comparison
ONEQ and SPY have 127 common holdings. Overlap is 49.33%
ONEQ's top 25 holdings weight is 72.08%. SPY's top 25 holdings weight is 51.32%.
| Rank | ONEQ | SPY |
|---|---|---|
| #1 | NVIDIA CORP (NVDA) - 11.81% | NVIDIA CORP (NVDA) - 8.45% |
| #2 | APPLE INC (AAPL) - 9.63% | APPLE INC (AAPL) - 6.48% |
| #3 | MICROSOFT CORP (MSFT) - 7.72% | MICROSOFT CORP (MSFT) - 5.20% |
| #4 | AMAZON.COM INC (AMZN) - 6.58% | AMAZON.COM INC (AMZN) - 4.14% |
| #5 | BROADCOM INC (AVGO) - 4.81% | ALPHABET INC CLASS A (GOOGL) - 3.32% |
| #6 | ALPHABET INC CLASS A (GOOGL) - 4.74% | BROADCOM INC (AVGO) - 3.09% |
| #7 | ALPHABET INC CLASS C (GOOG) - 4.41% | ALPHABET INC CLASS C (GOOG) - 2.65% |
| #8 | META PLATFORMS INC CLASS A (META) - 3.54% | META PLATFORMS INC CLASS A (META) - 2.40% |
| #9 | TESLA INC (TSLA) - 3.49% | TESLA INC (TSLA) - 1.73% |
| #10 | n/a (n/a) - 3.48% | BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.43% |
| #11 | WALMART INC (WMT) - 2.48% | JPMORGAN CHASE & CO (JPM) - 1.37% |
| #12 | MICRON TECHNOLOGY INC (MU) - 1.31% | ELI LILLY AND CO (LLY) - 1.13% |
| #13 | ADVANCED MICRO DEVICES INC (AMD) - 1.18% | EXXON MOBIL CORP (XOM) - 1.03% |
| #14 | COSTCO WHOLESALE CORP (COST) - 1.07% | MICRON TECHNOLOGY INC (MU) - 0.93% |
| #15 | NETFLIX INC (NFLX) - 0.94% | WALMART INC (WMT) - 0.91% |
| #16 | CISCO SYSTEMS INC (CSCO) - 0.85% | JOHNSON & JOHNSON (JNJ) - 0.90% |
| #17 | n/a (PLTR) - 0.84% | ADVANCED MICRO DEVICES INC (AMD) - 0.86% |
| #18 | LAM RESEARCH CORP (LRCX) - 0.79% | VISA INC CLASS A (V) - 0.85% |
| #19 | INTEL CORP (INTC) - 0.78% | COSTCO WHOLESALE CORP (COST) - 0.72% |
| #20 | APPLIED MATERIALS INC (AMAT) - 0.77% | MASTERCARD INC CLASS A (MA) - 0.67% |
| #21 | REGENERON PHARMACEUTICALS INC (REGN) - 0.18% | INTEL CORP (INTC) - 0.65% |
| #22 | MONDELEZ INTERNATIONAL INC CLASS A (MDLZ) - 0.17% | NETFLIX INC (NFLX) - 0.64% |
| #23 | ROSS STORES INC (ROST) - 0.17% | CATERPILLAR INC (CAT) - 0.62% |
| #24 | ROBINHOOD MARKETS INC CLASS A (HOOD) - 0.17% | CHEVRON CORP (CVX) - 0.58% |
| #25 | AMERICAN ELECTRIC POWER CO INC (AEP) - 0.17% | PROCTER & GAMBLE CO (PG) - 0.57% |
| Total Holdings | 986 | 505 |
ONEQ vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
Winner
ONEQ
+15.97%
SPY
+9.11%
3M
Winner
ONEQ
+13.45%
SPY
+6.59%
6M
Winner
ONEQ
+14.80%
SPY
+10.56%
1Y
Winner
ONEQ
+47.68%
SPY
+32.04%
5Y(CAGR)
Winner
ONEQ
+14.99%
SPY
+13.35%
10Y(CAGR)
Winner
ONEQ
+19.88%
SPY
+15.49%
Max(CAGR)
Winner
ONEQ
+13.50%
SPY
+8.50%
ONEQ vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | ONEQ | SPY |
|---|---|---|
| 2026 | +13.48% | +8.27% |
| 2025 | +21.08% | +18.00% |
| 2024 | +31.75% | +25.59% |
| 2023 | +46.53% | +26.72% |
| 2022 | -32.97% | -18.64% |
| 2021 | +24.00% | +30.52% |
| 2020 | +43.15% | +17.28% |
| 2019 | +37.55% | +31.09% |
| 2018 | -4.54% | -5.24% |
| 2017 | +28.37% | +20.78% |
| 2016 | +11.35% | +13.59% |
| 2015 | +7.55% | +1.31% |
| 2014 | +15.19% | +14.56% |
| 2013 | +35.41% | +29.00% |
| 2012 | +15.29% | +14.17% |
| 2011 | -2.18% | +0.85% |
| 2010 | +16.05% | +13.14% |
| 2009 | +39.93% | +22.67% |
| 2008 | -38.87% | -36.25% |
| 2007 | +9.80% | +5.32% |
| 2006 | +8.55% | +13.85% |
| 2005 | +3.01% | +5.32% |
| 2004 | +8.54% | +10.75% |
| 2003 | +9.20% | +24.18% |
| 2002 | N/A | -22.42% |
| 2001 | N/A | -10.13% |
| 2000 | N/A | -8.84% |
| 1999 | N/A | +8.61% |
ONEQ vs SPY Drawdown Comparison
The maximum drawdown for ONEQ was -55.09%, occurring on Mar 9, 2009. Recovery took 823 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
| Rank | ONEQ | SPY |
|---|---|---|
| #1 | -55.09% Oct 31, 2007 - Feb 7, 2011 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -35.23% Nov 19, 2021 - Jan 29, 2024 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -30.16% Feb 19, 2020 - Jun 5, 2020 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -24.09% Dec 16, 2024 - Jun 26, 2025 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -23.27% Aug 31, 2018 - Apr 23, 2019 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -18.54% Jul 7, 2011 - Feb 2, 2012 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -18.36% Jan 20, 2004 - Dec 3, 2004 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -17.65% Jul 20, 2015 - Jul 29, 2016 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -14.70% Apr 19, 2006 - Oct 16, 2006 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -13.24% Jul 10, 2024 - Oct 29, 2024 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -12.72% Dec 30, 2004 - Jul 20, 2005 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -12.64% Oct 29, 2025 - Apr 15, 2026 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -11.96% Sep 2, 2020 - Nov 25, 2020 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -11.77% Mar 27, 2012 - Sep 6, 2012 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -10.92% Sep 19, 2012 - Feb 1, 2013 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between ONEQ and SPY is 1.00 which considered as a very strong positive correlation - the stocks move almost identically together.
1.00
-101
Dividend Comparison (1999 - 2026)
ONEQ vs SPY dividend yield comparison.
| Year | ONEQ | SPY |
|---|---|---|
| 2026 | 0.30% | 0.24% |
| 2025 | 0.54% | 1.07% |
| 2024 | 0.65% | 1.21% |
| 2023 | 0.71% | 1.40% |
| 2022 | 0.97% | 1.65% |
| 2021 | 0.54% | 1.20% |
| 2020 | 0.71% | 1.52% |
| 2019 | 2.51% | 1.75% |
| 2018 | 1.08% | 2.04% |
| 2017 | 0.84% | 1.80% |
| 2016 | 1.12% | 2.03% |
| 2015 | 1.04% | 2.06% |
| 2014 | 1.19% | 1.87% |
| 2013 | 0.84% | 1.81% |
| 2012 | 1.42% | 2.18% |
| 2011 | 0.85% | 2.05% |
| 2010 | 0.68% | 1.80% |
| 2009 | 0.51% | 1.95% |
| 2008 | 0.92% | 3.02% |
| 2007 | 0.57% | 1.85% |
| 2006 | 0.46% | 1.73% |
| 2005 | 0.97% | 1.73% |
| 2004 | 1.20% | 1.82% |
| 2003 | 0.09% | 1.47% |
| 2002 | 0.00% | 1.70% |
| 2001 | 0.00% | 1.25% |
| 2000 | 0.00% | 1.15% |
| 1999 | 0.00% | 0.24% |
Select Stocks to Compare
Popular: ONEQ vs SPY
More Comparisons
Compare with similar stocks