ARYVX vs. ONEQ

Last updated Aug 2, 2026

ARYVX (American Century Global Real Estate Fund) and ONEQ (Fidelity Nasdaq Composite Index ETF) are both funds - ARYVX is a REIT fund managed by American Century, while ONEQ is a Large Cap Growth Equities fund tracking the Nasdaq Composite Index. Over the past 10 years, ARYVX returned 5.90%/yr vs 18.56%/yr for ONEQ. Their 0.57 correlation means they have sometimes moved together and sometimes differently. ARYVX charges 1.11%/yr vs 0.21%/yr for ONEQ.

Performance

ARYVX vs. ONEQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Global Real Estate Fund (ARYVX) and Fidelity Nasdaq Composite Index ETF (ONEQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARYVX achieves a 13.99% return, which is significantly higher than ONEQ's 10.15% return. Over the past 10 years, ARYVX has underperformed ONEQ with an annualized return of 5.90%, while ONEQ has yielded a comparatively higher 18.56% annualized return.

ARYVX

• 1D: -0.39%
• 1M: 1.60%
• 6M: 10.35%
• YTD: 13.99%
• 1Y: 19.85%
• 3Y*: 11.39%
• 5Y*: 3.67%
• 10Y*: 5.90%
• ALL TIME*: 6.67%

ONEQ

• 1D: 1.24%
• 1M: -1.60%
• 6M: 9.04%
• YTD: 10.15%
• 1Y: 24.38%
• 3Y*: 22.19%
• 5Y*: 12.76%
• 10Y*: 18.56%
• ALL TIME*: 13.31%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ARYVX American Century Global Real Estate Fund	$0.00	$0.00	$0.00
ONEQ Fidelity Nasdaq Composite Index ETF	$31.37M	$30.53M	$39.00M

ARYVX vs. ONEQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ARYVX American Century Global Real Estate Fund	13.99%	6.61%	7.05%	12.38%	-26.06%	32.97%	-0.66%	29.88%	-6.53%	14.38%
ONEQ Fidelity Nasdaq Composite Index ETF	10.15%	20.89%	29.30%	45.73%	-32.12%	22.11%	44.87%	38.01%	-3.18%	29.29%

Correlation

The correlation between ARYVX and ONEQ is 0.21, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.21
Correlation (3Y) Balances recent behavior with more history.	0.37
Correlation (5Y) Shows whether the relationship held over a longer period.	0.51
Correlation (10Y) Provides a long-term view across more market conditions.	0.53
Correlation (All Time) Calculated using the full available price history since Apr 29, 2011	0.57

Over the past year, the correlation between ARYVX and ONEQ has dropped to 0.21 - well below their long-term average of 0.57, suggesting their price drivers have been diverging.

Return for Risk

ARYVX vs. ONEQ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ARYVX

ARYVX Risk / Return Rank: 55
ARYVX Sharpe Ratio Rank: 58
ARYVX Sortino Ratio Rank: 55
ARYVX Omega Ratio Rank: 56
ARYVX Calmar Ratio Rank: 51
ARYVX Martin Ratio Rank: 52

ONEQ

ONEQ Risk / Return Rank: 47
ONEQ Sharpe Ratio Rank: 48
ONEQ Sortino Ratio Rank: 47
ONEQ Omega Ratio Rank: 45
ONEQ Calmar Ratio Rank: 48
ONEQ Martin Ratio Rank: 49

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ARYVX vs. ONEQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Global Real Estate Fund (ARYVX) and Fidelity Nasdaq Composite Index ETF (ONEQ). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ARYVX	ONEQ	Difference
Sharpe ratio: Return per unit of total volatility	1.48	1.17	+0.30
Sortino ratio: Return per unit of downside risk	2.06	1.67	+0.39
Omega ratio: Gain probability vs. loss probability	1.27	1.21	+0.06
Calmar ratio: Return relative to maximum drawdown	1.92	1.70	+0.22
Martin ratio: Return relative to average drawdown	7.22	5.69	+1.53

ARYVX vs. ONEQ - Sharpe Ratio Comparison

The current ARYVX Sharpe Ratio is 1.48, which is comparable to the ONEQ Sharpe Ratio of 1.17. The chart below compares the historical Sharpe Ratios of ARYVX and ONEQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ARYVX vs. ONEQ - Drawdown Comparison

The maximum ARYVX drawdown since its inception was -39.31%, smaller than the maximum ONEQ drawdown of -55.09%. Use the drawdown chart below to compare losses from any high point for ARYVX and ONEQ.

Drawdown Indicators

	ARYVX	ONEQ	Difference
Max Drawdown Largest peak-to-trough decline	-39.31%	-55.09%	+15.78%
Max Drawdown (1Y) Largest decline over 1 year	-9.42%	-12.64%	+3.22%
Max Drawdown (3Y) Largest decline over 3 years	-17.19%	-24.09%	+6.90%
Max Drawdown (5Y) Largest decline over 5 years	-33.69%	-35.23%	+1.54%
Max Drawdown (10Y) Largest decline over 10 years	-39.31%	-35.23%	-4.08%
Current Drawdown Current decline from peak	-1.42%	-5.98%	+4.56%
Average Drawdown Average peak-to-trough decline	-8.03%	-7.93%	-0.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.51%	3.77%	-1.26%

Volatility

ARYVX vs. ONEQ - Volatility Comparison

The current volatility for American Century Global Real Estate Fund (ARYVX) is 3.46%, while Fidelity Nasdaq Composite Index ETF (ONEQ) has a volatility of 5.72%. This indicates that ARYVX experiences smaller price fluctuations and is considered to be less risky than ONEQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARYVX	ONEQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.46%	5.72%	-2.26%
Volatility (6M) Calculated over the trailing 6-month period	9.81%	14.57%	-4.76%
Volatility (1Y) Calculated over the trailing 1-year period	12.34%	18.30%	-5.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.69%	22.47%	-5.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.50%	21.82%	-4.32%

ARYVX vs. ONEQ - Expense Ratio Comparison

ARYVX has a 1.11% expense ratio, which is higher than ONEQ's 0.21% expense ratio.

Dividends

ARYVX vs. ONEQ - Dividend Comparison

ARYVX's dividend yield for the trailing twelve months is around 2.66%, more than ONEQ's 0.88% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARYVX American Century Global Real Estate Fund	2.66%	3.03%	2.14%	2.49%	7.05%	7.85%	0.99%	4.37%	3.97%	3.40%	4.48%	2.98%
ONEQ Fidelity Nasdaq Composite Index ETF	0.88%	0.54%	0.65%	0.71%	0.97%	0.54%	0.71%	2.51%	1.08%	0.84%	1.12%	1.04%

Frequently Asked Questions

Can I hold both ARYVX and ONEQ in my portfolio?

ARYVX and ONEQ have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ARYVX or ONEQ?

ONEQ has higher volatility (5.72%) compared to ARYVX (3.46%). In terms of maximum drawdown, ARYVX dropped -39.31% vs ONEQ's -55.09%.

Which has better risk-adjusted returns?

ARYVX currently has the higher Sharpe Ratio (1.48 vs 1.17), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.