Fidelity NASDAQ Composite Index Tracking Stock (ONEQ)
ONEQ is a passive ETF by Fidelity tracking the investment results of the NASDAQ Composite Index. ONEQ launched on Sep 25, 2003 and has a 0.21% expense ratio.
ETF Info
| ISIN | US3159128087 |
|---|---|
| CUSIP | 315912808 |
| Issuer | Fidelity |
| Inception Date | Sep 25, 2003 |
| Region | North America (U.S.) |
| Category | Large Cap Growth Equities |
| Index Tracked | NASDAQ Composite Index |
| ETF Home Page | screener.fidelity.com |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
The Fidelity NASDAQ Composite Index Tracking Stock has a high expense ratio of 0.21%, indicating higher-than-average management fees.
Share Price Chart
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Performance
The chart shows the growth of an initial investment of $10,000 in Fidelity NASDAQ Composite Index Tracking Stock, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Compare to other instruments
Return
Fidelity NASDAQ Composite Index Tracking Stock had a return of 30.20% year-to-date (YTD) and 19.43% in the last 12 months. Over the past 10 years, Fidelity NASDAQ Composite Index Tracking Stock had an annualized return of 14.76%, outperforming the S&P 500 benchmark which had an annualized return of 9.93%.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | 0.13% | 0.06% |
| 6 months | 16.34% | 11.82% |
| Year-To-Date | 30.20% | 14.66% |
| 1 year | 19.43% | 14.17% |
| 5 years (annualized) | 12.28% | 8.51% |
| 10 years (annualized) | 14.76% | 9.93% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | -1.06% | 7.03% | 0.06% | 5.96% | 6.55% | 4.20% | -1.95% |
Risk-Adjusted Performance
This table presents a comparison of risk-adjusted performance metrics for Fidelity NASDAQ Composite Index Tracking Stock (ONEQ) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
ONEQ Fidelity NASDAQ Composite Index Tracking Stock | 0.83 | ||||
^GSPC S&P 500 | 0.74 |
Dividend History
Fidelity NASDAQ Composite Index Tracking Stock granted a 0.81% dividend yield in the last twelve months. The annual payout for that period amounted to $0.43 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.43 | $0.40 | $0.33 | $0.36 | $0.57 | $0.28 | $0.23 | $0.24 | $0.21 | $0.22 | $0.14 | $0.17 |
Dividend yield | 0.81% | 0.98% | 0.55% | 0.73% | 1.69% | 1.13% | 0.89% | 1.20% | 1.13% | 1.30% | 0.92% | 1.58% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity NASDAQ Composite Index Tracking Stock. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | ||||
| 2022 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.14 |
| 2021 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.11 |
| 2020 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.10 |
| 2019 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.31 |
| 2018 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 |
| 2017 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.08 |
| 2016 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 |
| 2015 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.07 |
| 2014 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.06 |
| 2013 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 |
| 2012 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.08 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the Fidelity NASDAQ Composite Index Tracking Stock. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the Fidelity NASDAQ Composite Index Tracking Stock is 55.09%, recorded on Mar 9, 2009. It took 484 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -55.09% | Nov 1, 2007 | 339 | Mar 9, 2009 | 484 | Feb 7, 2011 | 823 |
| -35.23% | Nov 22, 2021 | 277 | Dec 28, 2022 | — | — | — |
| -30.16% | Feb 20, 2020 | 23 | Mar 23, 2020 | 52 | Jun 5, 2020 | 75 |
| -23.28% | Sep 4, 2018 | 78 | Dec 24, 2018 | 81 | Apr 23, 2019 | 159 |
| -18.54% | Jul 8, 2011 | 61 | Oct 3, 2011 | 84 | Feb 2, 2012 | 145 |
Volatility Chart
The current Fidelity NASDAQ Composite Index Tracking Stock volatility is 4.80%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Alternatives
| Symbol | Inception | Expense Ratio | YTD Ret. | 10Y Ann. Ret. | Div. Yield | Max. Drawdown | Sharpe Ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index |
|---|---|---|---|---|---|---|---|---|---|---|---|
| QQQ | Mar 10, 1999 | 0.20% | 37.5% | 17.6% | 0.6% | -83.0% | 1.1 | 2.0 | 1.2 | 2.3 | 4.3% |