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ONEQ vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


ONEQVOO
YTD Return7.65%7.94%
1Y Return36.63%28.21%
3Y Return (Ann)7.15%8.82%
5Y Return (Ann)15.87%13.59%
10Y Return (Ann)15.97%12.69%
Sharpe Ratio2.242.33
Daily Std Dev16.00%11.70%
Max Drawdown-55.09%-33.99%
Current Drawdown-1.61%-2.36%

Correlation

-0.50.00.51.00.9

The correlation between ONEQ and VOO is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

ONEQ vs. VOO - Performance Comparison

The year-to-date returns for both investments are quite close, with ONEQ having a 7.65% return and VOO slightly higher at 7.94%. Over the past 10 years, ONEQ has outperformed VOO with an annualized return of 15.97%, while VOO has yielded a comparatively lower 12.69% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


400.00%450.00%500.00%550.00%600.00%650.00%700.00%750.00%December2024FebruaryMarchAprilMay
729.06%
502.10%
ONEQ
VOO

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Fidelity NASDAQ Composite Index Tracking Stock

Vanguard S&P 500 ETF

ONEQ vs. VOO - Expense Ratio Comparison

ONEQ has a 0.21% expense ratio, which is higher than VOO's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


ONEQ
Fidelity NASDAQ Composite Index Tracking Stock
Expense ratio chart for ONEQ: current value at 0.21% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.21%
Expense ratio chart for VOO: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

ONEQ vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity NASDAQ Composite Index Tracking Stock (ONEQ) and Vanguard S&P 500 ETF (VOO). 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.


ONEQ
Sharpe ratio
The chart of Sharpe ratio for ONEQ, currently valued at 2.24, compared to the broader market0.002.004.002.24
Sortino ratio
The chart of Sortino ratio for ONEQ, currently valued at 3.07, compared to the broader market-2.000.002.004.006.008.003.07
Omega ratio
The chart of Omega ratio for ONEQ, currently valued at 1.38, compared to the broader market0.501.001.502.002.501.38
Calmar ratio
The chart of Calmar ratio for ONEQ, currently valued at 1.50, compared to the broader market0.002.004.006.008.0010.0012.0014.001.50
Martin ratio
The chart of Martin ratio for ONEQ, currently valued at 9.91, compared to the broader market0.0020.0040.0060.0080.009.91
VOO
Sharpe ratio
The chart of Sharpe ratio for VOO, currently valued at 2.33, compared to the broader market0.002.004.002.33
Sortino ratio
The chart of Sortino ratio for VOO, currently valued at 3.33, compared to the broader market-2.000.002.004.006.008.003.33
Omega ratio
The chart of Omega ratio for VOO, currently valued at 1.40, compared to the broader market0.501.001.502.002.501.40
Calmar ratio
The chart of Calmar ratio for VOO, currently valued at 2.02, compared to the broader market0.002.004.006.008.0010.0012.0014.002.02
Martin ratio
The chart of Martin ratio for VOO, currently valued at 9.40, compared to the broader market0.0020.0040.0060.0080.009.40

ONEQ vs. VOO - Sharpe Ratio Comparison

The current ONEQ Sharpe Ratio is 2.24, which roughly equals the VOO Sharpe Ratio of 2.33. The chart below compares the 12-month rolling Sharpe Ratio of ONEQ and VOO.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00December2024FebruaryMarchAprilMay
2.24
2.33
ONEQ
VOO

Dividends

ONEQ vs. VOO - Dividend Comparison

ONEQ's dividend yield for the trailing twelve months is around 0.68%, less than VOO's 1.36% yield.


TTM20232022202120202019201820172016201520142013
ONEQ
Fidelity NASDAQ Composite Index Tracking Stock
0.68%0.71%0.97%0.54%0.71%1.64%1.08%0.84%1.12%1.04%1.19%0.84%
VOO
Vanguard S&P 500 ETF
1.36%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

ONEQ vs. VOO - Drawdown Comparison

The maximum ONEQ drawdown since its inception was -55.09%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ONEQ and VOO. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%December2024FebruaryMarchAprilMay
-1.61%
-2.36%
ONEQ
VOO

Volatility

ONEQ vs. VOO - Volatility Comparison

Fidelity NASDAQ Composite Index Tracking Stock (ONEQ) has a higher volatility of 6.02% compared to Vanguard S&P 500 ETF (VOO) at 4.09%. This indicates that ONEQ's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%December2024FebruaryMarchAprilMay
6.02%
4.09%
ONEQ
VOO