ONEQ

Fidelity NASDAQ Composite Index Tracking Stock
A

68
*Unless otherwise stated, data provided by FactSet.

ONEQ Fund Description

ONEQ tracks a market-cap-weighted index of Nasdaq-listed companies.

ONEQ Factset Analytics Insight

ONEQ fits our neutral benchmark poorly: It tracks only Nasdaq-listed companies and ignores those trading on the NYSE or other exchanges. As one would expect, the portfolio drastically favors technology firms, the dominant sector of the Nasdaq market, at the expense of energy, industrials, and financials. Heavy weightings to large-cap tech firms like Apple and Microsoft increase single-stock blowup risk. Much like the market it aims to track, ONEQ is essentially a growth play, carrying elevated P/E and P/B ratios and paying smaller dividends. This exposure has translated to higher market risk. ONEQ trades in reasonable volumes but the spreads can be colossal, and retail investors should trade with caution. Strong underlying liquidity makes the fund fare more Tradable for those interested in block trades. ONEQ is cheap to hold thanks to a low fee, strong tracking, and a successful securities lending program.

ONEQ MSCI ESG Analytics Insight

Fidelity NASDAQ Composite Index Tracking Stock has an MSCI ESG Fund Rating of BBB based on a score of 5.07 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Fidelity NASDAQ Composite Index Tracking Stock ranks in the 42nd percentile within its peer group and in the 34th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

ONEQ MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

ONEQ Charts And Performance

Price Chart ($)
Total Return Chart (%)
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Select ETFs to compare their performance:
PERFORMANCE [as of 10/17/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
ONEQ -0.10% 0.10% 24.63% 8.41% 17.44% 15.16% 15.43%
ONEQ (NAV) -0.16% 0.12% 24.49% 8.39% 17.41% 15.16% 15.41%
NASDAQ Composite Index -0.30% -0.08% 23.97% 7.92% 17.47% 15.20% 15.41%
MSCI USA IMI -0.36% 0.62% 21.20% 8.05% 13.96% 11.62% 12.93%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

ONEQ Summary Data

Fidelity
09/25/03
Open-Ended Fund
0.21%
$2.05B
$11.15M
0.17%

ONEQ Portfolio Data

$322.25B
40.51
4.42
1.09%
12/20/19
982

ONEQ Index Data

NASDAQ Composite Index
Market Cap
NASDAQ - Listed
MSCI USA IMI

ONEQ Portfolio Management

0.21%
-0.02%
0.59%
-0.62%

ONEQ Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

ONEQ Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

ONEQ Factset Analytics Block Liquidity

As of 10/18/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of ONEQ. ONEQ is rated a 5 out of 5.

ONEQ Tradability

35,549
$11.15M
30,761
$9.81M
0.17%
$0.55
0.00%
0.25% / -0.34%
None
100.00%
10,000
3.08
0.06%
0.13%
0
$320.96
5

ONEQ Sector/Industry Breakdown


ONEQ
Segment Benchmark
51.29%
25.86%
18.54%
13.59%
10.67%
13.35%
8.35%
17.10%
4.82%
10.51%
3.87%
6.97%
0.92%
2.03%
0.59%
3.45%
0.56%
4.26%
0.39%
2.89%

ONEQ Top 10 Holdings[View All]

16.94%
Apple Inc. 7.66%
54.46%

ONEQ Countries


ONEQ
Segment Benchmark
97.56%
99.92%
1.02%
--
0.38%
0.08%
0.17%
--
0.17%
--
0.12%
--
0.11%
--
0.11%
--
0.08%
--
0.08%
--

ONEQ Regions


ONEQ
Segment Benchmark
97.94%
100.00%
1.11%
--
0.76%
--
0.18%
--
0.01%
--

ONEQ Economic Development


ONEQ
Segment Benchmark
98.98%
100.00%
1.02%
--

ONEQ Performance Statistics

0.95
1.22
1.23
1.21
0.41%
MSCI USA IMI

ONEQ MSCI ESG Ratings

BBB
5.07 / 10
34.03
42.40
6.04%
5.24%
59.53

ONEQ Benchmark Comparison Holdings

982
2421
808
35.80%

ONEQ Benchmark Comparison Summary


ONEQ
Segment Benchmark
982
2421
$322.25B
$203.73B
40.51
23.97
4.42
3.15
1.06%
1.87%
Medium
Low

ONEQ Benchmark Comparison Market Cap Size


ONEQ
Segment Benchmark
76.07%
82.69%
14.55%
12.91%
8.45%
3.96%
0.91%
0.44%