Fidelity NASDAQ Composite Index Tracking Stock (ONEQ)

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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.

Fidelity NASDAQ Composite Index Tracking Stock (ONEQ) has returned -6.77% so far this year and 25.78% over the past 12 months. Looking at the last ten years, ONEQ has achieved an annualized return of 17.18%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.

Based on dividend-adjusted daily data since Oct 1, 2003, ONEQ's average daily return is +0.06%, while the average monthly return is +1.12%. At this rate, your investment would double in approximately 5.2 years.

Historically, 63% of months were positive and 37% were negative. The best month was Apr 2020 with a return of +15.9%, while the worst month was Oct 2008 at -18.8%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.

On a daily basis, ONEQ closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +12.2%, while the worst single day was Mar 16, 2020 at -11.9%.

Fidelity NASDAQ Composite Index Tracking Stock has an annualized alpha of 3.68%, beta of 1.04, and R² of 0.87 versus S&P 500 Index. Calculated based on daily prices since October 02, 2003.

• This ETF captured 127.12% of S&P 500 Index gains and 108.00% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• This ETF generated an annualized alpha of 3.68% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• With beta of 1.04 and R² of 0.87, this ETF moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

ONEQ has an expense ratio of 0.21%, which is considered low.

ONEQ ranks 67 for risk / return — better than 67% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Fidelity NASDAQ Composite Index Tracking Stock (ONEQ) and compare them to a chosen benchmark (S&P 500 Index).

Fidelity NASDAQ Composite Index Tracking Stock provided a 0.83% dividend yield over the last twelve months, with an annual payout of $0.71 per share.

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.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Fidelity NASDAQ Composite Index Tracking Stock. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Fidelity NASDAQ Composite Index Tracking Stock was 55.09%, occurring on Mar 9, 2009. Recovery took 484 trading sessions.

The current Fidelity NASDAQ Composite Index Tracking Stock drawdown is 9.34%.

The chart below shows the rolling one-month volatility.