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Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

JAAA vs ONEQ: how they differ

JAAA and ONEQ hold 0% of their weight in the same names, and ONEQ returned more over the year.

Janus Henderson AAA CLO ETF and Fidelity Nasdaq Composite Index ETF.

What they hold in common

By the books each fund has filed, JAAA and ONEQ hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in JAAAOnly in ONEQ
KKR CLO 35 Ltd. 0.96%NVIDIA CORP 11.24%
AB BSL CLO 1 Ltd. 0.88%APPLE INC 10.04%
Anchorage Capital CLO 16 Ltd. 0.82%MICROSOFT CORP 7.32%
Anchorage Capital CLO 17 Ltd. 0.80%AMAZON.COM INC 6.37%
Carlyle US CLO Ltd. 0.70%ALPHABET INC 4.85%
Carlyle US CLO Ltd. 0.67%BROADCOM INC 4.64%
Regatta XIX Funding Ltd. 0.67%ALPHABET INC 4.48%
Magnetite XXXII Ltd. 0.67%TESLA INC 3.58%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and May 31, 2026.

JAAA and ONEQ on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
JAAA
Janus Henderson AAA CLO ETF
ONEQ
Fidelity Nasdaq Composite Index ETF
Where it sitsCore index fundCore index fund
IssuerJanusFidelity
What it isHenderson AAA CLONasdaq Composite
Total return, 1 year+4.9%+20.6%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−12.6 pts+3.1 pts
Expense ratio0.20%0.21%
Already in the S&P 5000.0%87.4%
Holdings6001022

JAAA in plain words

JAAA is an index equity fund tracking the Henderson AAA CLO. Over the year to Sep 11, 2026 it returned +4.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.20% a year. By its holdings filed for Apr 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 600 positions, with the top ten at 7.5%.

ONEQ in plain words

ONEQ is an index equity fund tracking the Nasdaq Composite. Over the year to Sep 11, 2026 it returned +20.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.21% a year. By its holdings filed for May 31, 2026, 87% of the fund by weight is stocks the S&P 500 also holds, across 1022 positions, with the top ten at 57.9%.

Questions people ask

Which returned more over the last year, JAAA or ONEQ?
In the year to Sep 12, 2026, with distributions reinvested, JAAA returned +4.9% and ONEQ returned +20.6%, so ONEQ returned more. One year is one year; the longer windows are in the table.
Which is cheaper, JAAA or ONEQ?
JAAA charges 0.20% a year and ONEQ charges 0.21%, so JAAA is cheaper. Fees come from each fund's prospectus.
How much do JAAA and ONEQ overlap with the S&P 500?
By their latest filed holdings, 0% of JAAA and 87% of ONEQ by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

JAAA against ONEQ, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, JAAA against ONEQ, data as of Sep 12, 2026. https://etfiq.com/compare/any/JAAA-ONEQ Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources