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Upturn AI SWOT - About
Fidelity® Nasdaq Composite Index® ETF (ONEQ)
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Upturn Advisory Summary
08/14/2025: ONEQ (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 51.45% | Avg. Invested days 64 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  5.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.15 | 52 Weeks Range 58.03 - 79.85 | Updated Date 06/29/2025 |
52 Weeks Range 58.03 - 79.85 | Updated Date 06/29/2025 |
Upturn AI SWOT
Fidelity® Nasdaq Composite Index® ETF
ETF Overview
Overview
The Fidelityu00ae Nasdaq Composite Indexu00ae ETF (ONEQ) seeks to provide investment results that correspond to the total return performance of the Nasdaq Composite Indexu00ae. It primarily focuses on investing in stocks included in the Nasdaq Composite Indexu00ae with an emphasis on growth and technology-related sectors.
Reputation and Reliability
Fidelity is a well-established and reputable financial services firm with a long history of managing investment products.
Management Expertise
Fidelity has a team of experienced investment professionals managing its ETFs, providing extensive knowledge and expertise.
Investment Objective
Goal
The investment seeks to provide investment results that correspond to the total return performance of the Nasdaq Composite Indexu00ae.
Investment Approach and Strategy
Strategy: The ETF aims to track the Nasdaq Composite Indexu00ae.
Composition The ETF holds stocks included in the Nasdaq Composite Indexu00ae, predominantly consisting of technology, consumer discretionary, health care, and communication services companies.
Market Position
Market Share: ONEQ's market share within the broader Nasdaq-tracking ETF segment is substantial, placing it among the leading funds in terms of AUM.
Total Net Assets (AUM): 6200000000
Competitors
Key Competitors
- Invesco QQQ Trust (QQQ)
- First Trust Nasdaq-100 Technology Sector Index Fund (QTEC)
- Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE)
Competitive Landscape
The ETF market is highly competitive. ONEQ benefits from Fidelity's brand recognition and lower expense ratio compared to some competitors, though QQQ dominates in AUM. Competitors vary by weighting methodologies and sector focus within the Nasdaq, offering alternatives based on investor preferences.
Financial Performance
Historical Performance: Historical performance data should be obtained from reliable financial data sources to understand performance over the past 1, 3, 5, and 10 years.
Benchmark Comparison: The ETF's performance is expected to closely mirror the Nasdaq Composite Indexu00ae.
Expense Ratio: 0.21
Liquidity
Average Trading Volume
The average trading volume of ONEQ is reasonably high, facilitating relatively easy buying and selling of shares.
Bid-Ask Spread
The bid-ask spread for ONEQ is typically tight, indicating efficient trading and lower transaction costs.
Market Dynamics
Market Environment Factors
Economic growth, interest rates, technological innovation, and regulatory changes significantly impact the performance of the Nasdaq Composite Indexu00ae and, consequently, ONEQ.
Growth Trajectory
ONEQ's growth trajectory depends on the performance of the technology sector and overall market sentiment toward growth stocks; changes in index composition or strategy are rare.
Moat and Competitive Advantages
Competitive Edge
ONEQ benefits from Fidelity's strong brand and distribution network, offering a low-cost way to track the Nasdaq Composite Indexu00ae. Its comprehensive coverage of the Nasdaq makes it appealing to investors seeking broad market exposure. Fidelityu2019s reputation contributes to investor trust. The scale of Fidelity provides cost advantages.
Risk Analysis
Volatility
ONEQ is expected to exhibit moderate to high volatility, consistent with the Nasdaq Composite Indexu00ae.
Market Risk
Market risk is significant, as the ETF's performance is directly tied to the performance of the Nasdaq Composite Indexu00ae, which can be sensitive to economic conditions and investor sentiment.
Investor Profile
Ideal Investor Profile
The ideal investor for ONEQ is someone seeking exposure to the Nasdaq Composite Indexu00ae and its growth-oriented constituents.
Market Risk
ONEQ is suitable for long-term investors and passive index followers aiming to capture the performance of the Nasdaq Composite Indexu00ae.
Summary
The Fidelityu00ae Nasdaq Composite Indexu00ae ETF (ONEQ) provides a cost-effective way to track the Nasdaq Composite Indexu00ae, offering exposure to a broad range of growth-oriented companies. It's ideal for long-term investors seeking to replicate the index's performance. Fidelity's reputation and low expense ratio enhance its appeal. However, investors should be aware of the ETF's potential for volatility. Its performance is directly linked to the performance of the Nasdaq Composite Indexu00ae.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Fidelity Investments
- ETF.com
- Morningstar
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Investment decisions should be made after consulting with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Fidelity® Nasdaq Composite Index® ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund normally invests at least 80% of assets in common stocks included in the index. The advisor uses statistical sampling techniques that take into account such factors as capitalization, industry exposures, dividend yield, price/earnings (P/E) ratio, price/book (P/B) ratio, and earnings growth to create a portfolio of securities listed in the Nasdaq Composite Index® that have a similar investment profile to the entire index.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.