Get the weekly note

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

ETFIQetfiq.com · independent ETF data

ONEQ vs VEU: how they differ

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

Fidelity Nasdaq Composite Index ETF and Vanguard FTSE All-World ex-US Index Fund.

What they hold in common

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

Positions ONEQ and VEU both hold, largest shared weight first
HoldingONEQVEU
SHOPIFY INC0.32%0.38%
DESCARTES SYS GROUP INC0.02%0.02%
FIRSTSERVICE CORP0.02%0.01%
OPEN TEXT CORPORATION0.01%0.01%
Largest positions each one holds and the other does not
Only in ONEQOnly in VEU
NVIDIA CORP 11.24%Samsung Electronics Co Ltd 1.83%
APPLE INC 10.04%ASML Holding NV 1.45%
MICROSOFT CORP 7.32%SK hynix Inc 1.24%
AMAZON.COM INC 6.37%Tencent Holdings Ltd 0.97%
ALPHABET INC 4.85%HSBC Holdings PLC 0.81%
BROADCOM INC 4.64%Alibaba Group Holding Ltd 0.76%
ALPHABET INC 4.48%AstraZeneca PLC 0.73%
TESLA INC 3.58%Novartis AG 0.73%

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.

ONEQ and VEU on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
ONEQ
Fidelity Nasdaq Composite Index ETF
VEU
Vanguard FTSE All-World ex-US Index Fund
Where it sitsCore index fundCore index fund
IssuerFidelityVanguard
What it isNasdaq CompositeFTSE All-World ex-US
Total return, 1 year+20.6%+22.9%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+3.1 pts+5.4 pts
Expense ratio0.21%0.04%
Already in the S&P 50087.4%0.0%
Holdings10223860

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%.

VEU in plain words

VEU is an index equity fund tracking the FTSE All-World ex-US. Over the year to Sep 11, 2026 it returned +22.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.04% 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 3860 positions, with the top ten at 13.6%.

Questions people ask

Which returned more over the last year, ONEQ or VEU?
In the year to Sep 12, 2026, with distributions reinvested, ONEQ returned +20.6% and VEU returned +22.9%, so VEU returned more. One year is one year; the longer windows are in the table.
Which is cheaper, ONEQ or VEU?
ONEQ charges 0.21% a year and VEU charges 0.04%, so VEU is cheaper. Fees come from each fund's prospectus.
How much do ONEQ and VEU overlap with the S&P 500?
By their latest filed holdings, 87% of ONEQ and 0% of VEU 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.

Other comparisons

Where to next

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.

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

A comparison is not a recommendation. Standards and sources