FELG vs ONEQ: Differences, Returns & Fees
FELG and ONEQ hold 57% of their weight in the same names, and ONEQ returned +16.3% over the year. Net assets on Sep 30, 2026: $5.8bn for Fidelity Enhanced Large Cap Growth ETF and $10.9bn for Fidelity Nasdaq Composite Index ETF.
FELG costs 0.03 points a year less; their one-year returns differ by 9.5 points; ONEQ is 1.9 times larger.
| FELG | ONEQ | |
|---|---|---|
| Expense ratio | 0.18% | 0.21% |
| Net assets, as of Sep 30, 2026 | $5.8bn | $10.9bn |
| Total return, 1 year | +6.8% | +16.3% |
| What it tracks | No index, actively managed | Nasdaq Composite Index |
| Holdings in common | 57% | |
| Top ten holdings, share of the fund | 54.6% | 57.6% |
| Below its high | 5.2%, high on Oct 6, 2026 | 4.3%, high on Oct 6, 2026 |
Holdings in common uses holdings dated May 31, 2026 and Jun 30, 2026.
FELG and ONEQ are built for the same job. How do they differ in cost, holdings and results?
- What each follows. FELG follows No index, actively managed and ONEQ follows Nasdaq Composite Index.
- One-year total return. Over 1 year to Oct 20, 2026 FELG returned +6.8% and ONEQ +16.3% with distributions reinvested, a gap of 9.5 points.
- Number of holdings. FELG holds 142 positions and ONEQ holds 1021.
Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.
Take this comparison to a client
The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.
Not advice. The brief uses the figures on this page, with the data date and a report id. Saved comparisons are listed on your saved page; privacy.
What they hold in common
By the books each fund has filed, FELG and ONEQ hold 57% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jun 30, 2026.
half
57% in common
On the same fields
FELG and ONEQ on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.
About FELG
FELG is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +6.8% with distributions reinvested. The prospectus expense ratio is 0.18% a year. By its holdings filed for Jun 30, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 142 positions, with the top ten at 54.6%. It sat 5.2% below its high of Oct 6, 2026 on Oct 20, 2026.
About ONEQ
ONEQ tracks the Nasdaq Composite. Over the year to Oct 20, 2026 it returned +16.3% with distributions reinvested. 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 1,021 positions, with the top ten at 57.6%. It sat 4.3% below its high of Oct 6, 2026 on Oct 20, 2026.
Questions people ask
- Which returned more over the last year, FELG or ONEQ?
- In the year to Oct 20, 2026, with distributions reinvested, FELG returned +6.8% and ONEQ +16.3%.
- Which is cheaper, FELG or ONEQ?
- FELG is cheaper, by 0.03 percentage points a year. That is about $3 on $10,000 held for a year. Fees come from each fund's prospectus.
ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, FELG against ONEQ, data as of Oct 20, 2026. https://etfiq.com/compare/any/felg-vs-oneq
ETFIQ. (Oct 20, 2026). FELG against ONEQ. Retrieved from https://etfiq.com/compare/any/felg-vs-oneq
[FELG against ONEQ (ETFIQ, Oct 20, 2026)](https://etfiq.com/compare/any/felg-vs-oneq)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.