From NASDAQ: 2024-04-26 06:20:05

The Fidelity Nasdaq Composite Index ETF (ONEQ) provides exposure to the US Large Cap Growth market. Launched in 2003, it has over $5.83 billion in assets. Large Cap companies are stable with predictable cash flows. ONEQ has a 0.21% expense ratio and top holdings include MSFT, AAPL, and NVDA.

With 48.20% allocated to Information Technology, ONEQ tracks the NASDAQ Composite Index. It has gained 3.99% YTD and 33.68% in the last year. The ETF has a beta of 1.12 and a standard deviation of 22.40%, making it a medium-risk option in the space.

ONEQ is a Buy-rated ETF targeting Large Cap Growth. Alternatives like VUG with $113.40 billion in assets and QQQ with $248.24 billion offer similar exposure. Passively managed ETFs are popular for their low costs, transparency, and tax efficiency, making them a great long-term investment choice.



Read more at NASDAQ: Should Fidelity Nasdaq Composite Index ETF (ONEQ) Be on Your Investing Radar?