FNCMX vs. ONEQ
Compare and contrast key facts about Fidelity NASDAQ Composite Index Fund (FNCMX) and Fidelity NASDAQ Composite Index Tracking Stock (ONEQ).
FNCMX is managed by Fidelity. ONEQ is a passively managed fund by Fidelity that tracks the performance of the NASDAQ Composite Index. It was launched on Sep 25, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNCMX or ONEQ.
Correlation
The correlation between FNCMX and ONEQ is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
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FNCMX vs. ONEQ - Performance Comparison
Key characteristics
FNCMX:
1.96
ONEQ:
1.97
FNCMX:
2.55
ONEQ:
2.56
FNCMX:
1.35
ONEQ:
1.35
FNCMX:
2.69
ONEQ:
2.65
FNCMX:
10.00
ONEQ:
9.98
FNCMX:
3.53%
ONEQ:
3.52%
FNCMX:
18.04%
ONEQ:
17.82%
FNCMX:
-55.71%
ONEQ:
-55.09%
FNCMX:
-2.74%
ONEQ:
-2.80%
Returns By Period
In the year-to-date period, FNCMX achieves a 1.61% return, which is significantly higher than ONEQ's 1.51% return. Both investments have delivered pretty close results over the past 10 years, with FNCMX having a 16.11% annualized return and ONEQ not far ahead at 16.85%.
FNCMX
1.61%
-0.53%
7.22%
36.09%
17.83%
16.11%
ONEQ
1.51%
-0.59%
7.12%
35.84%
17.96%
16.85%
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FNCMX vs. ONEQ - Expense Ratio Comparison
FNCMX has a 0.29% expense ratio, which is higher than ONEQ's 0.21% expense ratio.
Risk-Adjusted Performance
FNCMX vs. ONEQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity NASDAQ Composite Index Fund (FNCMX) and Fidelity NASDAQ Composite Index Tracking Stock (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.
Dividends
FNCMX vs. ONEQ - Dividend Comparison
FNCMX's dividend yield for the trailing twelve months is around 0.60%, less than ONEQ's 0.64% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
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Drawdowns
FNCMX vs. ONEQ - Drawdown Comparison
The maximum FNCMX drawdown since its inception was -55.71%, roughly equal to the maximum ONEQ drawdown of -55.09%. Use the drawdown chart below to compare losses from any high point for FNCMX and ONEQ. For additional features, visit the drawdowns tool.
Volatility
FNCMX vs. ONEQ - Volatility Comparison
The current volatility for Fidelity NASDAQ Composite Index Fund (FNCMX) is NaN%, while Fidelity NASDAQ Composite Index Tracking Stock (ONEQ) has a volatility of NaN%. This indicates that FNCMX 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.
User Portfolios with FNCMX or ONEQ
2%
YTD
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YTD
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