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Fidelity NASDAQ Composite Index

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

If you're interested in broad exposure to the Large Cap Growth segment of the US equity market, look no further than the Fidelity Nasdaq Composite Index ETF (ONEQ), a passively managed exchange traded fund launched on 09/25/2003.

Should Fidelity Nasdaq Composite Index ETF (ONEQ) Be on Your Investing Radar?

There is a significant overvaluation of Nasdaq-listed assets compared to NYSE-listed assets. Nasdaq is known for listing small caps with strong growth potential, but these stocks are currently expensive. Many small caps remain unprofitable, making the risk/reward ratio unattractive. Finally, a historical analysis of PEG also indicates that the asset is overvalued.

ONEQ: Expensive By Several Metrics

Fidelity Nasdaq Composite Index ETF invests in 920 equities, with a focus on large-cap growth and technology stocks, charging a 0.21% expense ratio. ONEQ has outperformed the S&P 500 over the past decade, driven by its growth-oriented portfolio and high exposure to technology stocks. The fund's top holdings generate strong cash flows and have robust stock buyback programs, bolstering its long-term performance outlook.

ONEQ: High Exposure To Technology Stocks Is Favorable

Invesco QQQ

Both the Invesco QQQ Trust and the Fidelity Nasdaq Composite Index ETF can give you passive exposure to the tech-heavy Nasdaq. Both ETFs have similar expenses.

Invesco QQQ Trust vs. Fidelity Nasdaq Composite Index ETF: Which Is the Best Nasdaq ETF For You?

In 8 of the last 10 years, the Nasdaq has climbed higher in the back half of the year. Seven companies account for more than half of the Nasdaq Composite's weight.

The Nasdaq is Up 20% Halfway Through 2024. Here's What History Says Could Happen in the Second Half.

ClearBridge Large Cap Growth ESG ETF

SPDR Portfolio S&P 500 Growth ETF

US stocks surged to fresh records on Wednesday, thanks to a cooler-than-expected reading on inflation.

3 Undervalued Growth ETF Winners With More Room to Run

ONEQ is the only ETF that tracks the Nasdaq Composite Index, offering exposure to domestic and international stocks listed on the Nasdaq Exchange. ONEQ's advisor uses a statistical sampling technique to represent the performance of the benchmark Index, currently selecting approximately 1,000 stocks out of a universe of about 3,000. Despite holding more stocks, ONEQ isn't necessarily better diversified than QQQ. Microsoft and Apple comprise nearly one quarter of the fund, and its top ten holdings total 57%.

ONEQ: What Owning The Entire Nasdaq Composite Index Gets You

The Fidelity Nasdaq Composite Index ETF mimics the Nasdaq's performance. Investors are bullish on technology stocks, which comprise the largest fraction of this exchange-traded fund.

Everyone Is Talking About the Fidelity Nasdaq Composite Index ETF. Is It a Good Long-Term Option?

If history is a guide, the Nasdaq could climb into the double digits this year. Betting on Nasdaq stocks would help you benefit from the momentum -- but you don't have to be a stock-picking expert to do it.

History Says the Nasdaq Will Soar in 2024. Here's the ETF to Buy Before That Happens.

The tech sector accounts for close to half of the ETF. Fidelity Nasdaq Composite Index ETF companies cover semiconductors, GPUs, and end products like generative AI.

Want Exposure to the Hottest AI Stocks? Buy This ETF Hand Over Fist.

First Trust NASDAQ-100 Equal Weighted Index Fund

Direxion NASDAQ-100 Equal Weighted Index Shares

Invesco Nasdaq 100 ETF

The Nasdaq Composite index has delivered a remarkable performance in the past year, with technology stocks leading the charge. A resilient consumer base and the likelihood of Fed rate cuts in 2024 should boost the index, going forward.

What You Need to Know About Nasdaq ETF Investing in 2024

The Nasdaq Composite recently hit a record high making a new bull market official, due, in part, to strong gains from the "Magnificent Seven." The Fidelity Nasdaq Composite ETF measures the performance of the Nasdaq Composite, and the index fund returned 1,930% over the last three decades.

Forget the "Magnificent Seven" Stocks: 1 Magnificent Index Fund Could Turn $375 Per Month Into $953,800

Fidelity Nasdaq Composite Index ETF offers exposure to the Nasdaq as a proxy for growth, with over $5 billion in assets and a competitive expense ratio. The ONEQ ETF is heavily concentrated in the tech sector, with Apple and Microsoft making up about 23% of the fund.

ONEQ: Nasdaq Exposure With Late Cycle Momentum

Warren Buffett believes average investors can outperform financial professionals by simply buying index funds. The Nasdaq Composite is a growth-focused index that includes many innovative technology companies.

The Bull Market Is Official: 1 Magnificent Index Fund Can Turn $300 per Month Into $862,800

ProShares Nasdaq-100 Dorsey Wright Momentum ETF

Invesco NASDAQ Next Gen 100 ETF

VictoryShares Nasdaq Next 50 ETF

First Trust NASDAQ-100 Ex-Technology Sector Index Fund

First Trust NASDAQ-100 Technology Sector Index Fund

Global X NASDAQ 100 Covered Call ETF

Global X Nasdaq 100 Covered Call & Growth ETF

The mega-cap Tech-heavy Nasdaq 100 is up nearly 1% today as of this writing, which leaves it up 4.5% already in 2024. The Nasdaq 100 is now up 64% during its current bull market that began on 12/28/22.

Nonstop Nasdaq

Looking back to the inception of the Nasdaq Composite in 1972, historical data demonstrates that in each year following a market recovery, this technology-focused index has returned an average annual gain of 19%, per Motley Fool, as quoted on Yahoo Finance.

Are Nasdaq ETFs Poised to Return Double-Digits in 2024?

Mastercard

Invesco S&P 500 Equal Weight ETF

December has seen continued momentum in the equity market due to anticipation of rate cuts in the coming year. The Dow Jones Industrial Average and Invesco S&P 500 Equal Weight ETF have shown strong results, reflecting broader participation is finally happening. Expensive growth stocks like Microsoft and Mastercard may still be worthwhile investments for long-term investors that also provide significant dividend growth.

2 Dividend Growth Names For The Long-Term Investor

After a strong 2023, we expect the Nasdaq to log gains in 2024. Investors can play Zacks Rank #2 (Buy) ETFs QQQM, QQQ, QQQE,,QQEW and ONEQ.

A Guide to Nasdaq ETF Investing

Fidelity Nasdaq Composite Index ETF offers an efficient approach for investors to gain exposure to technology stocks. The tech sector has experienced layoffs, but this could be a result of overextension and may lead to improved efficiency and growth prospects. Technology stocks, led by mega-caps, have performed well, but the sector is still overvalued compared to historical averages. ONEQ ETF has consistently outperformed the S&P 500.

ONEQ: A Tech-Focused ETF That Seems To Be Overvalued

First Trust Exchange-Traded Fund VI First Trust Nasdaq BuyWrite Income ETF

The Nasdaq-100 Index has been enjoying a huge rally from the start of November and has now hit levels not seen in nearly two years. Investors looking to ride the Nasdaq bulls could consider ETFs.

5 ETF Picks for Booming Nasdaq-100 Surge

ARK Innovation ETF

SPDR Dow Jones Industrial Average ETF

ProShares Short Dow30

AdvisorShares Ranger Equity Bear ETF

iShares Core S&P Total U.S. Stock Market ETF

iShares S&P 500 Value ETF

iShares Core S&P 500 ETF

iShares Dow Jones U.S. ETF

ProShares Short QQQ

Tuttle Capital Short Innovation ETF

ProShares UltraPro Short Dow30

ProShares Short S&P500

Direxion Daily Semiconductor Bear 3x Shares

Direxion Daily S&P 500 Bear 1X Shares

Direxion Daily S&P 500 Bear 3x Shares

ProShares UltraPro Short S&P500

SPDR S&P 500 ETF Trust

SPDR Portfolio S&P 500 Value ETF

ProShares UltraPro Short QQQ

Proshares Ultrashort Semiconductors

Direxion Daily Technology Bear 3X Shares

AXS TSLA Bear Daily ETF

Shorting or hedging against companies driving innovation and growth in the US stock markets is not a viable long-term strategy. Historical trends suggest that bear markets are relatively short-lived, and positive trends in the market indicate potential long-term growth for large firms and disruptive innovators. ETFs that bet against innovation and growth are likely to underperform their benchmarks in the long term. It is better to invest in stocks of innovative firms and funds tracking major indexes.

Don't Bet Against Progress

The Nasdaq Composite Index, which is tech-heavy in nature, slumped more than 5.9% in the past month, marking September as the worst month for the index in 2023.

September Nasdaq ETFs' Worst Month in 2023: Buy the Dip?

Fidelity Nasdaq Composite Index ETF invests in growth and value stocks in the technology sector, with a focus on Nasdaq-listed companies. The ETF has a heavy weighting towards giant-cap technology stocks, which may increase single-stock blowup risk and market risk. ONEQ has consistently generated strong price growth over the long run, making it a good option for long-term growth-seeking investors. However, it currently has a low yield and is not recommended for further buying.

ONEQ: Tech-Focused Nasdaq Based ETF Historically Generated High Price Growth

iShares S&P 500 Growth ETF

Invesco Dynamic Large Cap Growth ETF

Vanguard S&P 500 Growth ETF

While the latest inflation data hints at some moderation, the Fed faces uncertainty in deciding the path forward. With a July rate hike largely anticipated, the focus now shifts to future meetings.

Markets Anticipate Peaking Fed Rate Hikes: Growth ETFs to Gain

After an awful 2022, Wall Street experienced a rebound in the first half of 2023. The trend suggests an uptrend in the second half too.

News for Fidelity NASDAQ Composite Index ETF (ONEQ)