Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
ONEQ vs XLP: how they differ
ONEQ and XLP hold 4% of their weight in the same names, and ONEQ returned more over the year.
Fidelity Nasdaq Composite Index ETF and State Street(R) Consumer Staples Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, ONEQ and XLP hold 4% of their money in the same securities at the same weight.
| Holding | ONEQ | XLP |
|---|---|---|
| WALMART INC | 2.02% | 10.84% |
| COSTCO WHOLESALE CORP | 0.93% | 9.06% |
| PEPSICO INC | 0.43% | 4.34% |
| MONSTER BEVERAGE CORP NEW | 0.18% | 4.47% |
| MONDELEZ INTERNATIONAL INC | 0.17% | 4.17% |
| KEURIG DR PEPPER INC | 0.09% | 2.90% |
| KIMBERLY-CLARK CORP | 0.07% | 2.37% |
| KRAFT HEINZ CO | 0.07% | 1.31% |
| CASEY'S GENERAL STORES INC | 0.06% | 1.91% |
| DOLLAR TREE INC | 0.05% | 1.43% |
| Only in ONEQ | Only in XLP |
|---|---|
| NVIDIA CORP 11.24% | Procter & Gamble Co/The 7.46% |
| APPLE INC 10.04% | Coca-Cola Co/The 6.87% |
| MICROSOFT CORP 7.32% | Philip Morris International Inc 6.16% |
| AMAZON.COM INC 6.37% | Colgate-Palmolive Co 4.71% |
| ALPHABET INC 4.85% | Altria Group Inc 4.55% |
| BROADCOM INC 4.64% | Target Corp 3.87% |
| ALPHABET INC 4.48% | Sysco Corp 2.60% |
| TESLA INC 3.58% | Archer-Daniels-Midland Co 2.40% |
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 Jun 30, 2026 and May 31, 2026.
| ONEQ Fidelity Nasdaq Composite Index ETF | XLP State Street(R) Consumer Staples Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Fidelity | State Street |
| What it is | Nasdaq Composite | Consumer staples |
| Total return, 1 year | +20.6% | +6.3% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +3.1 pts | −11.2 pts |
| Expense ratio | 0.21% | 0.08% |
| Already in the S&P 500 | 87.4% | 100.0% |
| Holdings | 1022 | 34 |
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%.
XLP in plain words
XLP is an index equity fund tracking the Consumer staples. Over the year to Sep 11, 2026 it returned +6.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 34 positions, with the top ten at 62.6%. It sat 6.2% below its high of Feb 27, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, ONEQ or XLP?
- In the year to Sep 12, 2026, with distributions reinvested, ONEQ returned +20.6% and XLP returned +6.3%, so ONEQ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, ONEQ or XLP?
- ONEQ charges 0.21% a year and XLP charges 0.08%, so XLP is cheaper. Fees come from each fund's prospectus.
- How much do ONEQ and XLP overlap with the S&P 500?
- By their latest filed holdings, 87% of ONEQ and 100% of XLP by weight is stocks the S&P 500 already holds. Between the two funds, 4% 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 XLP, data as of Sep 12, 2026. https://etfiq.com/compare/any/ONEQ-XLP Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources