Fidelity Nasdaq Composite Index ETF (ONEQ) offers diversified, tech-heavy exposure with a 0.21% expense ratio and $11 billion AUM. ONEQ trades at 27.21x trailing earnings and has a 19.08% next-year EPS growth rate, making it competitive on growth and valuation with peers like QQQ, SCHG, VUG, and SPYG. Margin and P/E compression are key risks to consider, but historial data shows significant losses require a rare 'perfect storm' of negative EPS and large P/E declines.
Looking for broad exposure to the Large Cap Growth segment of the US equity market? You should consider the Fidelity Nasdaq Composite Index ETF (ONEQ), a passively managed exchange traded fund launched on September 25, 2003.
Can the Nasdaq's tech-led rally continue in 2H 2026? Here are the key catalysts, risks and ETFs to watch.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 41,723 | $2.96M | $4.39M | $1.43M | 48.11% |
Curtis Ellergodt Rothschild Investment LLC | 29 | $2,206 | $3,051.96 | $845.96 | 38.35% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 1.24M | $127.57M | $130.07M | $2.5M | 1.96% |
| MM Mary McCraw ARKANSAS FINANCIAL GROUP Inc. | 89,482 | $6.55M | $9.38M | $2.83M | 43.22% |
Woodard & Co Asset Management Woodard & Co Asset Management Group Inc. | 4,119 | $238,788.13 | $431,506.44 | $192,718.31 | 80.71% |
| NASDAQ (NMS) Exchange | US Country |
The aforementioned company primarily focuses on investments closely associated with the Nasdaq Composite Index®, allocating a substantial portion of its assets to stocks listed within the index. By employing a strategy that emphasizes statistical sampling, the company aims to mirror the investment profile of the Nasdaq Composite Index®. This approach considers various critical financial metrics, including capitalization, industry exposure, dividend yields, price-to-earnings ratios, price-to-book ratios, and earnings growth. The objective is to build a diversified portfolio that reflects the composition and performance of the index, thereby offering investors exposure to a broad segment of the US equity market, particularly in the technology sector, which occupies a significant portion of the Nasdaq Composite Index®.
This investment product is the core offering, designed to provide investors with exposure to the Nasdaq Composite Index®. The portfolio is constructed using statistical sampling techniques to select stocks that collectively have a similar investment profile to the overall index. This method involves analyzing various financial indicators such as market capitalization, industry exposure, dividend yield, price/earnings ratio, price/book ratio, and earnings growth. The aim is to replicate, as closely as possible, the performance of the Nasdaq Composite Index®, enabling investors to partake in the growth potential of a wide range of companies listed on the Nasdaq, which are predominantly from the technology and bio-tech sectors, among others.