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Fidelity NASDAQ Composite Index Tracking Stock (ONEQ)

ETF · Currency in USD · Last updated Sep 21, 2023

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.

Summary

ETF Info

ISINUS3159128087
CUSIP315912808
IssuerFidelity
Inception DateSep 25, 2003
RegionNorth America (U.S.)
CategoryLarge Cap Growth Equities
Index TrackedNASDAQ Composite Index
ETF Home Pagescreener.fidelity.com
Asset ClassEquity

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.


0.21%
0.00%2.15%

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.


0.00%5.00%10.00%15.00%20.00%AprilMayJuneJulyAugustSeptember
14.71%
10.86%
ONEQ (Fidelity NASDAQ Composite Index Tracking Stock)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with ONEQ

Fidelity NASDAQ Composite Index Tracking Stock

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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%.


PeriodReturnBenchmark
1 month0.13%0.06%
6 months16.34%11.82%
Year-To-Date30.20%14.66%
1 year19.43%14.17%
5 years (annualized)12.28%8.51%
10 years (annualized)14.76%9.93%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
ONEQ
Fidelity NASDAQ Composite Index Tracking Stock
0.83
^GSPC
S&P 500
0.74

Sharpe Ratio

The current Fidelity NASDAQ Composite Index Tracking Stock Sharpe ratio is 0.83. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.


Rolling 12-month Sharpe Ratio-0.500.000.501.00AprilMayJuneJulyAugustSeptember
0.83
0.74
ONEQ (Fidelity NASDAQ Composite Index Tracking Stock)
Benchmark (^GSPC)

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.


PeriodTTM20222021202020192018201720162015201420132012
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.


JanFebMarAprMayJunJulAugSepOctNovDec
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.


-25.00%-20.00%-15.00%-10.00%-5.00%AprilMayJuneJulyAugustSeptember
-13.67%
-8.22%
ONEQ (Fidelity NASDAQ Composite Index Tracking Stock)
Benchmark (^GSPC)

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, 2007339Mar 9, 2009484Feb 7, 2011823
-35.23%Nov 22, 2021277Dec 28, 2022
-30.16%Feb 20, 202023Mar 23, 202052Jun 5, 202075
-23.28%Sep 4, 201878Dec 24, 201881Apr 23, 2019159
-18.54%Jul 8, 201161Oct 3, 201184Feb 2, 2012145

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.


2.00%3.00%4.00%5.00%6.00%AprilMayJuneJulyAugustSeptember
4.80%
3.47%
ONEQ (Fidelity NASDAQ Composite Index Tracking Stock)
Benchmark (^GSPC)

Alternatives


SymbolInceptionExpense RatioYTD Ret.10Y Ann. Ret.Div. YieldMax. DrawdownSharpe RatioSortino ratioOmega ratioCalmar ratioUlcer Index
QQQMar 10, 19990.20%37.5%17.6%0.6%-83.0%1.12.01.22.34.3%