Fund report

US-listed

ONEQ

seeks to provide investment returns that closely correspond to the price and yield performance of the Nasdaq Composite Index®.
Fidelity Nasdaq Composite Index ETF
Fidelity

1,025 holdings as of 2026-05-31 · top 10 = 58.7% · TER 0.21% · P/E 31.2

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Concentration
Concentratedtop 10 = 58.7%
diversifiedconcentrated
GROWTH · NAV (USD)rebased to 0%
Holdings
1,025
as of 2026-05-31
Top 10
58.7%
TER
0.21%
cheaper than 82% of peers
Net assets
US$10.9B
Largest
11.2%
P / E
31.2
covers 90% by weight
01Overview
the fund's regulatory facts
Fund currency
USD
Volatility 1Y
18.4%
Tracked index
Nasdaq Composite Index®
How it tracks
Index, sampling
Lends its stock
Yes
02Valuation and performance
market price return · as of 2026-09-17
1M
+0.6%
3M
-0.1%
6M
+19.8%
YTD
+14.0%
1Y
+18.9%
Valuation891 companies covered · weighted, profitable holdings only
31.2
price / earnings
MethodologyCompany-data coverageThe rest is 6% loss-making companies, which carry no P/E by the positive-earner convention; 3% bonds, cash or other non-equity; 1% cannot be reliably linked to the financial and market data used in this analysis. We exclude uncertain matches rather than estimate them.
2.7%
MethodologyEarnings yieldP/E is price over earnings; earnings yield is the reverse, earnings over price, and reads like a bond yield. P/E covers only the profitable holdings, since a loss-making company has no meaningful P/E. Earnings yield counts the loss-makers too, so it covers more of the fund and can fall below zero when the holdings lose money overall.
covers 96% by weight
7.56
price / book
covers 79% by weight

Computed from company filings and reported position values. MethodologyPortfolio valuationComputed by us from each company's own financial statements and the position values funds report, currency-adjusted and weighted harmonically. P/E covers profitable holdings only. Book value uses the most recent reported quarter.. Not investment advice.

03Holdings
50 largest · as of 2026-05-31
#CompanyIdentifierWeight
1NVIDIA CORP USNVDA
10.9
2Apple Inc USAAPL
9.7
3ALPHABET INC USGOOGL
9.1
4Microsoft Corp USMSFT
7.1
5AMAZON.COM INC USAMZN
6.2
6BROADCOM INC USAVGO
4.5
7TESLA INC USTSLA
3.5
8META PLATFORMS INC-CLASS A USMETA
2.9
9Fidelity Revere Street Trust USUS31635A3032
2.5
10Micron Technology Inc USMU
2.3
11WALMART INC. USWMT
2.0
12ADVANCED MICRO DEVICES USAMD
1.8
13Intel Corp USINTC
1.2
14CISCO SYSTEMS, INC. USCSCO
1.0
15Costco Wholesale Corp USCOST
0.9
16LAM RESEARCH CORPORATION USLRCX
0.8
17NETFLIX INC USNFLX
0.8
18PALANTIR TECHNOLOGIES INC-A USPLTR
0.8
19Applied Materials Inc USAMAT
0.8
20Texas Instruments Inc USTXN
0.6
21QUALCOMM Inc USQCOM
0.6
22KLA Corp USKLAC
0.5
23SANDISK CORPORATION USSNDK
0.5
24Linde PLC IELIN
0.5
25Palo Alto Networks Inc USPANW
0.5
26Fidelity Revere Street Trust USUS31635A1051
0.5
27T-MOBILE US, INC. USTMUS
0.4
28ANALOG DEVICES, INC. USADI
0.4
29Pepsico, Inc. USPEP
0.4
30SEAGATE TECHNOLOGY HOLDINGS PUBLIC LIMITED COMPANY IESTX
0.4
31AppLovin Corp USAPP
0.4
32CROWDSTRIKE HOLDINGS INC - A USCRWD
0.4
33Amgen Inc USAMGN
0.4
34WESTERN DIGITAL CORPORATION USWDC
0.4
35MARVELL TECHNOLOGY, INC. USMRVL
0.4
36Gilead Sciences Inc USGILD
0.4
37HONEYWELL INTERNATIONAL INCORPORATION USHON
0.3
38INTUITIVE SURGICAL, INC. USISRG
0.3
39SHOPIFY SUBORDINATE VOTING INC CLA CASHOP
0.3
40ASML HOLDING NV EUR 0.09 ADR NLASML
0.3
41Booking Holdings Inc USBKNG
0.3
42Vertex Pharmaceuticals Inc USVRTX
0.2
43Starbucks Corp USSBUX
0.2
44Adobe Inc USADBE
0.2
45CONSTELLATION ENERGY CORPORATION. USCEG
0.2
46Equinix, Inc. USEQIX
0.2
47CADENCE DESIGN SYSTEMS, INC. USCDNS
0.2
48FORTINET, INC. USFTNT
0.2
49MARRIOTT INTERNATIONAL, INC. USMAR
0.2
50CME GROUP INC. USCME
0.2
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04Exposure
Equity 97.0%Cash 2.9%
By sector
Technology53.7%
Communication Services14.8%
Consumer Cyclical12.6%
Healthcare4.6%
Consumer Defensive4.4%
Industrials3.3%
Financial Services2.9%
Materials0.9%
Utilities0.8%
Real Estate0.6%
Energy0.5%
By country
USUnited States98.2%
IEIreland1.1%
NLNetherlands0.8%
CACanada0.6%
KYCayman Islands0.5%
ILIsrael0.4%
GBUnited Kingdom0.3%
BMBermuda0.1%
CurrencyUSD 98.8% EUR 2.0% CAD 0.6% ILS 0.4% GBP 0.4%
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