The Fidelity Nasdaq Composite Index ETF (ONEQ) was launched on September 25, 2003, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Growth segment of the US equity market.
If you're interested in broad exposure to the Large Cap Growth segment of the US equity market, look no further than the Fidelity Nasdaq Composite Index ETF (ONEQ), a passively managed exchange traded fund launched on September 25, 2003.
When investors want broad exposure to the Nasdaq Composite but prefer a lower-cost alternative to niche growth funds, Fidelity Nasdaq Composite Index ETF ( NASDAQ:ONEQ ) delivers exactly that: a passive, diversified bet on technology-driven growth.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 38,181 | $2.6M | $3.94M | $1.34M | 51.58% |
| CE Curtis Ellergodt Rothschild Investment LLC | 29 | $2,206 | $2,992.22 | $786.22 | 35.64% |
Woodard & Co Asset Management Woodard & Co Asset Management Group Inc. | 4,111 | $237,962.37 | $424,172.98 | $186,210.61 | 78.25% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 12,302 | $957,220.22 | $1.26M | $307,548.4 | 32.13% |
| RS Ramu Singh CALTON & ASSOCIATES Inc. | 5,620 | $450,161.99 | $579,871.6 | $129,709.61 | 28.81% |
| 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.