ONEQ vs XBI
Comparison between FIDELITY NASDAQ COMPOSITE INDEX ETF (ONEQ, ETF) and STATE STREET(R) SPDR(R) S&P(R) BIOTECH ETF (XBI, ETF).
5-Year PerformanceONEQ has outperformed XBI, delivering a return of +13.6% compared to +4.0%
ONEQ vs XBI - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
ONEQ
$11B
XBI
$11B
Expense Ratio
Winner
ONEQ
0.21%
XBI
0.35%
Max Drawdown
Winner
ONEQ
55.55%
XBI
63.90%
Sharpe Ratio
ONEQ
1.19
Winner
XBI
2.15
5Y Beta
ONEQ
1.26
Winner
XBI
0.97
P/E Ratio
ONEQ
38.92
Winner
XBI
-8.50
Forward P/E
ONEQ
23.25
XBI
N/A
5Y Dividends CAGR
Winner
ONEQ
21.81%
XBI
12.45%
5Y EPS CAGR
Winner
ONEQ
33.28%
XBI
5.10%
Debt to Equity
ONEQ
N/A
XBI
29.23%
P/S Ratio
Winner
ONEQ
3.52
XBI
9.58
P/B Ratio
ONEQ
7.83
Winner
XBI
5.20
ONEQ vs XBI - Holdings Comparison
ONEQ and XBI have 106 common holdings. Overlap is 1.96%
ONEQ's top 25 holdings weight is 69.98%. XBI's top 25 holdings weight is 30.05%.
| Rank | ONEQ | XBI |
|---|---|---|
| #1 | NVIDIA CORP (NVDA) - 10.98% | APOGEE THERAPEUTICS INC (APGE) - 1.45% |
| #2 | APPLE INC (AAPL) - 10.23% | MODERNA INC (MRNA) - 1.44% |
| #3 | MICROSOFT CORP (MSFT) - 6.33% | KYMERA THERAPEUTICS INC ORDINARY SHARES (KYMR) - 1.31% |
| #4 | AMAZON.COM INC (AMZN) - 5.82% | VIKING THERAPEUTICS INC (VKTX) - 1.30% |
| #5 | ALPHABET INC CLASS A (GOOGL) - 4.68% | ERASCA INC (ERAS) - 1.27% |
| #6 | ALPHABET INC CLASS C (GOOG) - 4.35% | n/a (PRAX) - 1.25% |
| #7 | BROADCOM INC (AVGO) - 4.09% | MIRUM PHARMACEUTICALS INC (MIRM) - 1.23% |
| #8 | TESLA INC (TSLA) - 3.29% | RHYTHM PHARMACEUTICALS INC (RYTM) - 1.20% |
| #9 | META PLATFORMS INC CLASS A (META) - 2.94% | PROTAGONIST THERAPEUTICS INC (PTGX) - 1.19% |
| #10 | n/a (SPCX) - 2.43% | TWIST BIOSCIENCE CORP (TWST) - 1.19% |
| #11 | MICRON TECHNOLOGY INC (MU) - 2.38% | ORUKA THERAPEUTICS INC (ORKA) - 1.19% |
| #12 | WALMART INC (WMT) - 2.00% | REVOLUTION MEDICINES INC ORDINARY SHARES (RVMD) - 1.18% |
| #13 | n/a (n/a) - 1.98% | VAXCYTE INC ORDINARY SHARES (PCVX) - 1.16% |
| #14 | ADVANCED MICRO DEVICES INC (AMD) - 1.87% | DIANTHUS THERAPEUTICS INC (DNTH) - 1.16% |
| #15 | INTEL CORP (INTC) - 1.23% | COGENT BIOSCIENCES INC (COGT) - 1.15% |
| #16 | APPLIED MATERIALS INC (AMAT) - 1.01% | ULTRAGENYX PHARMACEUTICAL INC (RARE) - 1.15% |
| #17 | CISCO SYSTEMS INC (CSCO) - 0.99% | CYTOKINETICS INC (CYTK) - 1.14% |
| #18 | LAM RESEARCH CORP (LRCX) - 0.93% | CG ONCOLOGY INC (CGON) - 1.14% |
| #19 | COSTCO WHOLESALE CORP (COST) - 0.93% | SPYRE THERAPEUTICS INC (SYRE) - 1.14% |
| #20 | NETFLIX INC (NFLX) - 0.70% | NATERA INC (NTRA) - 1.14% |
| #21 | MONDELEZ INTERNATIONAL INC CLASS A (MDLZ) - 0.17% | ROIVANT SCIENCES LTD ORDINARY SHARES (ROIV) - 1.14% |
| #22 | INTUIT INC (INTU) - 0.17% | SCHOLAR ROCK HOLDING CORP (SRRK) - 1.14% |
| #23 | NXP SEMICONDUCTORS NV (NXPI) - 0.16% | INSMED INC (INSM) - 1.14% |
| #24 | CINTAS CORP (CTAS) - 0.16% | BEAM THERAPEUTICS INC (BEAM) - 1.13% |
| #25 | AMERICAN ELECTRIC POWER CO INC (AEP) - 0.16% | TRAVERE THERAPEUTICS INC ORDINARY SHARES (TVTX) - 1.12% |
| Total Holdings | 949 | 159 |
ONEQ vs XBI - Historical Returns
Returns include dividend reinvestment.
1M
ONEQ
-1.91%
Winner
XBI
+12.42%
3M
ONEQ
+7.67%
Winner
XBI
+12.32%
6M
ONEQ
+10.81%
Winner
XBI
+22.52%
1Y
ONEQ
+26.00%
Winner
XBI
+73.85%
5Y(CAGR)
Winner
ONEQ
+13.59%
XBI
+3.96%
10Y(CAGR)
Winner
ONEQ
+19.03%
XBI
+10.44%
Max(CAGR)
Winner
ONEQ
+13.32%
XBI
+11.81%
ONEQ vs XBI - Annual Returns (2003 - 2026)
Returns include dividend reinvestment.
| Year | ONEQ | XBI |
|---|---|---|
| 2026 | +12.14% | +25.20% |
| 2025 | +21.08% | +33.70% |
| 2024 | +31.75% | -0.05% |
| 2023 | +46.53% | +9.54% |
| 2022 | -32.97% | -28.10% |
| 2021 | +24.00% | -20.55% |
| 2020 | +43.15% | +49.01% |
| 2019 | +37.55% | +30.54% |
| 2018 | -4.54% | -17.55% |
| 2017 | +28.37% | +42.81% |
| 2016 | +11.35% | -12.49% |
| 2015 | +7.55% | +12.40% |
| 2014 | +15.19% | +44.27% |
| 2013 | +35.41% | +42.97% |
| 2012 | +15.29% | +32.95% |
| 2011 | -2.18% | +3.91% |
| 2010 | +16.05% | +15.74% |
| 2009 | +39.93% | -0.82% |
| 2008 | -38.87% | -8.58% |
| 2007 | +9.80% | +30.24% |
| 2006 | +8.55% | -6.48% |
| 2005 | +3.01% | N/A |
| 2004 | +8.54% | N/A |
| 2003 | +9.20% | N/A |
ONEQ vs XBI Drawdown Comparison
The maximum drawdown for ONEQ was -55.09%, occurring on Mar 9, 2009. Recovery took 823 trading sessions.
The maximum drawdown for XBI was -63.89%, occurring on May 11, 2022. This drawdown has not yet recovered.
The current ONEQ drawdown is -4.32%. The current XBI drawdown is -12.07%.
| Rank | ONEQ | XBI |
|---|---|---|
| #1 | -55.09% Oct 31, 2007 - Feb 7, 2011 | -63.89% Feb 8, 2021 - May 11, 2022 |
| #2 | -35.23% Nov 19, 2021 - Jan 29, 2024 | -49.25% Jul 17, 2015 - Jan 12, 2018 |
| #3 | -30.16% Feb 19, 2020 - Jun 5, 2020 | -37.67% Aug 14, 2008 - Apr 14, 2011 |
| #4 | -24.09% Dec 16, 2024 - Jun 26, 2025 | -35.26% Jun 20, 2018 - May 11, 2020 |
| #5 | -23.27% Aug 31, 2018 - Apr 23, 2019 | -29.06% Feb 27, 2014 - Oct 28, 2014 |
| #6 | -18.54% Jul 7, 2011 - Feb 2, 2012 | -26.72% Jul 22, 2011 - Jan 27, 2012 |
| #7 | -18.36% Jan 20, 2004 - Dec 3, 2004 | -22.71% Dec 6, 2007 - Jul 15, 2008 |
| #8 | -17.65% Jul 20, 2015 - Jul 29, 2016 | -21.93% Feb 27, 2006 - Aug 8, 2007 |
| #9 | -14.70% Apr 19, 2006 - Oct 16, 2006 | -15.10% Sep 21, 2012 - Jan 14, 2013 |
| #10 | -13.24% Jul 10, 2024 - Oct 29, 2024 | -14.51% Jan 29, 2018 - Jun 5, 2018 |
| #11 | -12.72% Dec 30, 2004 - Jul 20, 2005 | -13.70% Jul 20, 2020 - Oct 12, 2020 |
| #12 | -12.64% Oct 29, 2025 - Apr 15, 2026 | -13.36% Oct 2, 2013 - Jan 7, 2014 |
| #13 | -11.96% Sep 2, 2020 - Nov 25, 2020 | -13.21% Mar 19, 2015 - May 29, 2015 |
| #14 | -11.77% Mar 27, 2012 - Sep 6, 2012 | -11.51% Jan 21, 2014 - Feb 20, 2014 |
| #15 | -10.92% Sep 19, 2012 - Feb 1, 2013 | -10.38% May 30, 2013 - Jul 10, 2013 |
Correlation
Correlation between ONEQ and XBI is 0.83 which considered as a strong positive correlation - the stocks tend to move together.
0.83
-101
Dividend Comparison (2003 - 2026)
ONEQ vs XBI dividend yield comparison.
| Year | ONEQ | XBI |
|---|---|---|
| 2026 | 0.59% | 0.09% |
| 2025 | 0.54% | 0.37% |
| 2024 | 0.65% | 0.15% |
| 2023 | 0.71% | 0.02% |
| 2022 | 0.97% | 0.00% |
| 2021 | 0.54% | 0.04% |
| 2020 | 0.71% | 0.20% |
| 2019 | 2.51% | 0.00% |
| 2018 | 1.08% | 0.28% |
| 2017 | 0.84% | 0.24% |
| 2016 | 1.12% | 0.26% |
| 2015 | 1.04% | 0.61% |
| 2014 | 1.19% | 1.07% |
| 2013 | 0.84% | 0.17% |
| 2012 | 1.42% | 0.22% |
| 2011 | 0.85% | 0.00% |
| 2010 | 0.68% | 0.00% |
| 2009 | 0.51% | 0.28% |
| 2008 | 0.92% | 1.27% |
| 2007 | 0.57% | 0.26% |
| 2006 | 0.46% | 0.00% |
| 2005 | 0.97% | 0.00% |
| 2004 | 1.20% | 0.00% |
| 2003 | 0.09% | 0.00% |
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