Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
ONEQ vs VPU: how they differ
ONEQ and VPU hold 1% of their weight in the same names, and ONEQ returned more over the year.
Fidelity Nasdaq Composite Index ETF and Vanguard Utilities Index Fund.
What they hold in common
By the books each fund has filed, ONEQ and VPU hold 1% of their money in the same securities at the same weight.
| Holding | ONEQ | VPU |
|---|---|---|
| CONSTELLATION ENERGY CORP | 0.23% | 5.86% |
| AMERICAN ELECTRIC POWER CO INC | 0.15% | 4.47% |
| XCEL ENERGY INC | 0.11% | 3.11% |
| EXELON CORP | 0.10% | 3.05% |
| EVERGY INC | 0.04% | 1.25% |
| TALEN ENERGY CORP | 0.04% | 0.99% |
| ALLIANT ENERGY CORP | 0.04% | 1.11% |
| NORTHWESTERN ENERGY GROUP INC | 0.01% | 0.29% |
| OTTER TAIL CORP | 0.01% | 0.22% |
| MGE ENERGY INC | 0.01% | 0.18% |
| H2O AMERICA | 0.01% | 0.14% |
| HALLADOR ENERGY COMPANY | 0.01% | 0.04% |
| Only in ONEQ | Only in VPU |
|---|---|
| NVIDIA CORP 11.24% | NextEra Energy Inc 11.84% |
| APPLE INC 10.04% | Southern Co/The 6.70% |
| MICROSOFT CORP 7.32% | Duke Energy Corp 6.31% |
| AMAZON.COM INC 6.37% | Sempra 3.85% |
| ALPHABET INC 4.85% | Dominion Energy Inc 3.78% |
| BROADCOM INC 4.64% | Vistra Corp 3.59% |
| ALPHABET INC 4.48% | Entergy Corp 3.22% |
| TESLA INC 3.58% | Public Service Enterprise Group Inc 2.60% |
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 May 31, 2026.
| ONEQ Fidelity Nasdaq Composite Index ETF | VPU Vanguard Utilities Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Fidelity | Vanguard |
| What it is | Nasdaq Composite | Utilities |
| Total return, 1 year | +20.6% | +2.1% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +3.1 pts | −15.4 pts |
| Expense ratio | 0.21% | 0.09% |
| Already in the S&P 500 | 87.4% | 90.1% |
| Holdings | 1022 | 66 |
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%.
VPU in plain words
VPU is an index equity fund tracking the Utilities. Over the year to Sep 11, 2026 it returned +2.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year. By its holdings filed for May 31, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 66 positions, with the top ten at 52.7%. It sat 9.8% below its high of Feb 27, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, ONEQ or VPU?
- In the year to Sep 12, 2026, with distributions reinvested, ONEQ returned +20.6% and VPU returned +2.1%, so ONEQ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, ONEQ or VPU?
- ONEQ charges 0.21% a year and VPU charges 0.09%, so VPU is cheaper. Fees come from each fund's prospectus.
- How much do ONEQ and VPU overlap with the S&P 500?
- By their latest filed holdings, 87% of ONEQ and 90% of VPU by weight is stocks the S&P 500 already holds. Between the two funds, 1% of their books are the same securities at the same weight.
Other comparisons
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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.
Cite this page. ETFIQ, ONEQ against VPU, data as of Sep 12, 2026. https://etfiq.com/compare/any/ONEQ-VPU Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources