Fidelity Nasdaq Composite Index ETF (ONEQ) belongs to the Large Cap Growth Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ONEQ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ONEQ
ONEQ charges 0.21% annually. There are 46 ETFs in the Large Cap Growth Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Morningstar U.S. Equity ETF | 0.03% | 1.26B | Jun 2004 | ONEQ vs ILCB | |
| Vanguard Growth ETF | 0.03% | 393.80B | Jan 2004 | ONEQ vs VUG | |
| iShares Core S&P U.S. Growth ETF | 0.04% | 32.19B | Jul 2000 | ONEQ vs IUSG | |
| Schwab U.S. Large-Cap Growth ETF | 0.04% | 59.17B | Dec 2009 | ONEQ vs SCHG | |
| State Street SPDR Portfolio S&P 500 Growth ETF | 0.04% | 52.13B | Sep 2000 | ONEQ vs SPYG |
Best Risk-Adjusted Alternatives to ONEQ
ONEQ has a PortfoliosLab risk / return rank of 54. There are 63 ETFs in the Large Cap Growth Equities category with higher risk-adjusted ranks, going as high as 85.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Grizzle Growth ETF | 85 | 33.20M | Dec 2021 | ONEQ vs DARP | |
| Impact Shares NAACP Minority Empowerment ETF | 84 | 59.00M | Jul 2018 | ONEQ vs NACP | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | 84 | 267.72M | Aug 2017 | ONEQ vs MFUS | |
| Hartford Multifactor US Equity ETF | 82 | 656.33M | Feb 2015 | ONEQ vs ROUS | |
| Inspire 100 ETF | 82 | 495.57M | Oct 2017 | ONEQ vs BIBL |
Top Performing ONEQ Alternatives (YTD)
ONEQ is at 10.75% YTD. There are 59 ETFs in the Large Cap Growth Equities category with higher YTD returns, going as high as 57.26%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill Meme Stock ETF | 57.26% | 26.18M | Oct 2025 | ONEQ vs MEME | |
| SMART Earnings Growth 30 ETF | 45.10% | 50.41M | Aug 2025 | ONEQ vs SGRT | |
| Franklin Intelligent Machines ETF | 35.15% | 117.69M | Feb 2020 | ONEQ vs IQM | |
| MarketDesk Focused U.S. Momentum ETF | 30.53% | 170.29M | Mar 2025 | ONEQ vs FMTM | |
| Invesco S&P 500 Pure Growth ETF | 30.31% | 2.27B | Mar 2006 | ONEQ vs RPG |
Lowest Volatility Alternatives to ONEQ
ONEQ has 17.41% 1-year volatility. There are 126 ETFs in the Large Cap Growth Equities category with lower 1-year volatility, going as low as 7.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Core Alternative ETF | 7.56% | 39.10M | May 2017 | ONEQ vs CCOR | |
| SPDR MSCI USA StrategicFactors ETF | 9.24% | 1.50B | Apr 2015 | ONEQ vs QUS | |
| Invesco Dividend Achievers™ ETF | 9.53% | 774.52M | Sep 2005 | ONEQ vs PFM | |
| iShares Core Dividend Growth ETF | 9.53% | 41.89B | Jun 2014 | ONEQ vs DGRO | |
| T. Rowe Price Dividend Growth ETF | 9.79% | 1.36B | Aug 2020 | ONEQ vs TDVG |
Lowest Drawdown Alternatives to ONEQ
ONEQ has a 1-year max drawdown of -12.64%. There are 88 ETFs in the Large Cap Growth Equities category with shallower 1-year drawdowns, going as shallow as -5.45%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverFront Dynamic US Dividend Advantage ETF | -5.45% | 85.26M | Jun 2016 | ONEQ vs RFDA | |
| Hartford Multifactor US Equity ETF | -5.97% | 656.33M | Feb 2015 | ONEQ vs ROUS | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | -6.39% | 267.72M | Aug 2017 | ONEQ vs MFUS | |
| iShares Core Dividend Growth ETF | -6.47% | 41.89B | Jun 2014 | ONEQ vs DGRO | |
| SPDR MSCI USA StrategicFactors ETF | -6.85% | 1.50B | Apr 2015 | ONEQ vs QUS |
Other ETFs from Fidelity
The 10 most viewed Fidelity ETFs shown here include FTEC, FDVV, FBTC and span 8 categories. AUM among these funds goes as high as $26B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity MSCI Information Technology Index ETF | Technology Equities | 60 | 23.56% | 21.38B | Oct 2013 | ONEQ vs FTEC | |
| Fidelity High Dividend ETF | Large Cap Blend Equities, Dividend | 64 | 8.39% | 9.77B | Sep 2016 | ONEQ vs FDVV | |
| Fidelity Wise Origin Bitcoin Fund | Cryptocurrency | 2 | -28.83% | 13.40B | Jan 2024 | ONEQ vs FBTC | |
| Fidelity Total Bond ETF | Intermediate Core-Plus Bond | 35 | 0.72% | 26.06B | Oct 2014 | ONEQ vs FBND | |
| Fidelity Blue Chip Growth ETF | Large Cap Growth Equities | 46 | 10.08% | 6.91B | Jun 2020 | ONEQ vs FBCG | |
| Fidelity Enhanced Large Cap Core ETF | Large Cap Blend Equities | 61 | 8.65% | 7.64B | Apr 2007 | ONEQ vs FELC | |
| Fidelity MSCI Utilities Index ETF | Utilities Equities | 28 | 6.83% | 2.35B | Oct 2013 | ONEQ vs FUTY | |
| Fidelity Ethereum Fund | Cryptocurrency | 6 | -44.11% | 994.18M | Jul 2024 | ONEQ vs FETH | |
| Fidelity Enhanced Large Cap Growth ETF | Large Cap Growth Equities | 32 | 2.26% | 5.76B | Nov 2023 | ONEQ vs FELG | |
| Fidelity MSCI Real Estate Index ETF | REIT | 26 | 11.53% | 1.44B | Feb 2015 | ONEQ vs FREL |
Often Compared With ONEQ
Investors most often compare ONEQ with QQQ, FNCMX, VOO. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare ONEQ with Any Fund or Stock
Compare ONEQ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ONEQ with funds that move differently
Fidelity Nasdaq Composite Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ONEQ.
Explore ONEQ Diversifiers