Which returned more over the last year, ONEQ or XLY?

In the year to Sep 12, 2026, with distributions reinvested, ONEQ returned +20.6% and XLY returned −4.1%, so ONEQ returned more. One year is one year; the longer windows are in the table.

Which is cheaper, ONEQ or XLY?

ONEQ charges 0.21% a year and XLY charges 0.08%, so XLY is cheaper. Fees come from each fund's prospectus.

How much do ONEQ and XLY overlap with the S&P 500?

By their latest filed holdings, 87% of ONEQ and 100% of XLY by weight is stocks the S&P 500 already holds. Between the two funds, 12% of their books are the same securities at the same weight.

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 XLY: how they differ

ONEQ and XLY hold 12% of their weight in the same names, and ONEQ returned more over the year.

Fidelity Nasdaq Composite Index ETF and State Street(R) Consumer Discretionary Select Sector SPDR(R) ETF.

What they hold in common

By the books each fund has filed, ONEQ and XLY hold 12% of their money in the same securities at the same weight.

Positions ONEQ and XLY both hold, largest shared weight first
Holding	ONEQ	XLY
AMAZON.COM INC	6.37%	22.24%
TESLA INC	3.58%	19.66%
BOOKING HOLDINGS INC	0.29%	3.44%
STARBUCKS CORP	0.24%	2.90%
MARRIOTT INTERNATIONAL INC/MD	0.21%	2.02%
ROSS STORES INC	0.16%	1.71%
OREILLY AUTOMOTIVE INC	0.16%	1.90%
DOORDASH INC	0.14%	1.74%
AIRBNB INC	0.12%	1.49%
EBAY INC	0.11%	1.24%
EXPEDIA GROUP INC	0.06%	0.73%
ULTA BEAUTY INC	0.05%	0.49%

Largest positions each one holds and the other does not
Only in ONEQ	Only in XLY
NVIDIA CORP 11.24%	Home Depot Inc/The 5.83%
APPLE INC 10.04%	McDonald's Corp 4.16%
MICROSOFT CORP 7.32%	TJX Cos Inc/The 3.93%
ALPHABET INC 4.85%	Lowe's Cos Inc 3.08%
BROADCOM INC 4.64%	Royal Caribbean Cruises Ltd 1.97%
ALPHABET INC 4.48%	Hilton Worldwide Holdings Inc 1.87%
META PLATFORMS INC 3.03%	General Motors Co 1.73%
MICRON TECHNOLOGY INC 2.38%	Ford Motor Co 1.35%

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 and XLY on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	ONEQ Fidelity Nasdaq Composite Index ETF	XLY State Street(R) Consumer Discretionary Select Sector SPDR(R) ETF
Where it sits	Core index fund	Core index fund
Issuer	Fidelity	State Street
What it is	Nasdaq Composite	Consumer discretionary
Total return, 1 year	+20.6%	−4.1%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	+3.1 pts	−21.6 pts
Expense ratio	0.21%	0.08%
Already in the S&P 500	87.4%	100.0%
Holdings	1022	47

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%.

XLY in plain words

XLY is an index equity fund tracking the Consumer discretionary. Over the year to Sep 11, 2026 it returned −4.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% 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 47 positions, with the top ten at 69.2%. It sat 8.9% below its high of Jan 12, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, ONEQ or XLY?: In the year to Sep 12, 2026, with distributions reinvested, ONEQ returned +20.6% and XLY returned −4.1%, so ONEQ returned more. One year is one year; the longer windows are in the table.
Which is cheaper, ONEQ or XLY?: ONEQ charges 0.21% a year and XLY charges 0.08%, so XLY is cheaper. Fees come from each fund's prospectus.
How much do ONEQ and XLY overlap with the S&P 500?: By their latest filed holdings, 87% of ONEQ and 100% of XLY by weight is stocks the S&P 500 already holds. Between the two funds, 12% 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 XLY, 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 XLY, data as of Sep 12, 2026. https://etfiq.com/compare/any/ONEQ-XLY Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources