ONEQ

Fidelity Nasdaq Composite Index ETF

$90.05

+0.00%

Market closed. Last update: 10:52 PM ET

📎 Investment Objective

The Fidelity Nasdaq Composite Index ETF (ONEQ) seeks to provide investment results that correspond generally to the price and yield performance of the Nasdaq Composite Index.

Overview

ETF tracking Fidelity Nasdaq Composite Index ETF

Category Technology

Issuer Other

Inception Date 2003-10-01

Market Cap $9.1B

Average Volume N/A

Dividend Yield 0.57%

52-Week Range $60.22 - $94.14

VWAP $89.76

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Fidelity Nasdaq Composite Index ETF (ONEQ) seeks to provide investment results that correspond generally to the price and yield performance of the Nasdaq Composite Index.

🎯 Investment Strategy

The ETF uses a passive or indexing approach to try to achieve the fund's investment objective. It normally invests at least 80% of its assets in common stocks included in the Nasdaq Composite Index.

✨ Key Features

Provides exposure to a broad range of U.S. technology and growth-oriented companies
Tracks the performance of the Nasdaq Composite Index, a widely followed benchmark for the U.S. technology sector
Low expense ratio of 0.00%
Suitable for investors seeking broad exposure to the U.S. technology and growth equity market

⚠️ Primary Risks

Market risk: The value of the ETF's shares will fluctuate with changes in the value of the underlying securities in the index
Sector concentration risk: As a sector-focused fund, ONEQ may be more volatile than a more diversified fund
Passive investment risk: The ETF is not actively managed, so it will not attempt to take defensive positions in declining markets
Tracking error risk: The ETF may not perfectly track the performance of the underlying index

👤 Best For

ONEQ may be suitable for investors seeking broad exposure to the U.S. technology and growth equity market as part of a diversified portfolio. It may be particularly appealing to investors with a long-term investment horizon who are comfortable with the risks associated with investing in the technology sector.