Data as of Oct 28, 2026.

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FBCG vs ONEQ: Differences, Returns & Fees

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Over the year to Oct 28, 2026, FBCG returned +9.5% to ONEQ's +12.7%; 57% of their weight is in the same names.

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Net assets on Sep 30, 2026: $7.6bn for Fidelity Blue Chip Growth ETF and $10.9bn for Fidelity Nasdaq Composite Index ETF.

At a glance
+9.5%
FBCG total return, 1 year
+12.7%
ONEQ total return, 1 year
0.57%
FBCG expense ratio
0.21%
ONEQ expense ratio

Pair scorecard

ONEQ costs 0.36 points a year less; their one-year returns differ by 3.2 points; ONEQ is 1.4 times larger.

FBCG vs ONEQ: Differences, Returns & Fees
MeasureFBCGONEQ
Return
Total return, 1 year+9.5%+12.7%
Drawdown
Below its high5.7%, high on Oct 6, 20263.8%, high on Oct 6, 2026
Benchmark
What it tracksNo index, actively managedNasdaq Composite Index
Cost and size
Expense ratio0.57%0.21%
Net assets, as of Sep 30, 2026$7.6bn$10.9bn
Holdings
Holdings in common57%
Top ten holdings, share of the fund57.2%56.0%

Holdings in common uses holdings dated Jul 31, 2026 and Aug 31, 2026. Method

Risk and return

Jun 12, 2020 to Oct 23, 2026 · 332 weekly returns
FBCG ONEQ
Return
Total return edge FBCG (slight) +197.7% +187.1%
Annualized edge FBCG (slight) +18.6% +18.0%
Price return edge FBCG +197.2% +173.3%
Risk
Volatility edge ONEQ 23.9% 20.8%
Max drawdown edge ONEQ −42.6% −34.6%
Risk-adjusted
Sharpe edge ONEQ (slight) 0.71 0.75
Sortino edge ONEQ (slight) 1.09 1.16
Calmar edge ONEQ 0.44 0.52
Reading

FBCG returned slightly more: +197.7% to +187.1%. ONEQ swung less: 20.8% to 23.9%. ONEQ fell less at its worst: −34.6% to −42.6%.

Full scorecard

9 measures, with how each is measured
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Risk and return: FBCG vs ONEQ: Differences, Returns & Fees
MeasureFBCGONEQEdgeHow it is measured
Return
Total return+197.7%+187.1%FBCG (slight)Price change plus distributions, reinvested.
Annualized+18.6%+18.0%FBCG (slight)Total return as a yearly rate.
Price return+197.2%+173.3%FBCGPrice change alone, distributions left out.
Risk
Volatility23.9%20.8%ONEQSpread of weekly returns, annualized. Lower is steadier.
Downside deviation15.5%13.5%ONEQLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−42.6%−34.6%ONEQDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.710.75ONEQ (slight)Return above Treasury bills per unit of volatility.
Sortino1.091.16ONEQ (slight)Return above Treasury bills per unit of downside deviation.
Calmar0.440.52ONEQAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 332 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

57%

By the books each fund has filed, FBCG and ONEQ hold 57% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Aug 31, 2026.

0 half 100%

half

57% in common

Positions both hold · largest shared weight first FBCG ONEQ
NVIDIA CORP 14.90% 11.57%
APPLE INC 9.31% 10.08%
AMAZON.COM INC 5.86% 6.05%
MICROSOFT CORP 4.94% 8.16%
ALPHABET INC 9.27% 4.28%
BROADCOM INC 4.38% 3.80%
META PLATFORMS INC 2.31% 2.72%
MICRON TECHNOLOGY INC 1.97% 2.34%
TESLA INC 1.28% 2.99%
ADVANCED MICRO DEVICES INC 1.06% 1.66%
NETFLIX INC 0.55% 0.74%
PALO ALTO NETWORKS INC 0.54% 0.67%
Only in one fund ↓
Only in FBCG
ELI LILLY and CO 2.71%
TAIWAN SEMICONDUCTOR MFG CO LTD 1.17%
MASTERCARD INC 0.85%
SHARKNINJA INC 0.80%
GE VERNOVA INC 0.77%
UNITEDHEALTH GROUP INC 0.68%
CELESTICA INC 0.66%
WELLTOWER INC 0.62%
Only in ONEQ
WALMART INC 1.80%
CISCO SYSTEMS INC 0.94%
TEXAS INSTRUMENTS INC. 0.52%
AMGEN INC 0.50%
LINDE PLC 0.49%
T-MOBILE US INC 0.42%
QUALCOMM INC 0.39%
ANALOG DEVICES INC 0.38%
Check overlap with more funds →

Side by side

FBCG Fidelity Blue Chip Growth ETF ONEQ Fidelity Nasdaq Composite Index ETF
Where it sits Stock ETF Stock ETF
What it is Actively managed Tracks the Nasdaq Composite
Total return, 1 year +9.5% +12.7%
Its benchmark over the same days +13.7% (VOO) not measured
Gap to its benchmark −4.2 pts vs VOO not measured
Expense ratio 0.57% 0.21%
Already in the S&P 500 85.3% 84.6%
Holdings 230 1026
Net assets, as of Sep 30, 2026 $7.6bn $10.9bn

FBCG and ONEQ on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-88F4027DB5

FBCG and ONEQ are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. FBCG follows No index, actively managed and ONEQ follows Nasdaq Composite Index.
  2. One-year total return. Over 1 year to Oct 28, 2026 FBCG returned +9.5% and ONEQ +12.7% with distributions reinvested, a gap of 3.2 points.
  3. Number of holdings. FBCG holds 230 positions and ONEQ holds 1026.

Data as of Oct 28, 2026.

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About each fund
FBCG

FBCG is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +9.5% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.57% a year. By its holdings filed for Jul 31, 2026, 85% of the fund by weight is stocks the S&P 500 also holds, across 230 positions, with the top ten at 57.2%. It sat 5.7% below its high of Oct 6, 2026 on Oct 28, 2026.

ONEQ

ONEQ tracks the Nasdaq Composite. Over the year to Oct 28, 2026 it returned +12.7% with distributions reinvested. The prospectus expense ratio is 0.21% a year. By its holdings filed for Aug 31, 2026, 85% of the fund by weight is stocks the S&P 500 also holds, across 1,026 positions, with the top ten at 56.0%. It sat 3.8% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, FBCG or ONEQ?
In the year to Oct 28, 2026, with distributions reinvested, FBCG returned +9.5% and ONEQ +12.7%.
Which is cheaper, FBCG or ONEQ?
ONEQ is cheaper, by 0.36 percentage points a year. That is about $36 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FBCG and ONEQ overlap with the S&P 500?
By their latest filed holdings, 85% of FBCG and 85% of ONEQ by weight is stocks the S&P 500 already holds.
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ETFIQ, FBCG against ONEQ, data as of Oct 28, 2026. https://etfiq.com/compare/any/fbcg-vs-oneq

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