Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
GARP vs ONEQ: how they differ
GARP and ONEQ hold 0% of their weight in the same names, and GARP returned more over the year.
iShares MSCI USA Quality GARP ETF and Fidelity Nasdaq Composite Index ETF.
What they hold in common
By the books each fund has filed, GARP and ONEQ hold 0% of their money in the same securities at the same weight.
| Only in GARP | Only in ONEQ |
|---|---|
| APPLE 5.23% | NVIDIA CORP 11.24% |
| MICROSOFT 5.16% | APPLE INC 10.04% |
| NVIDIA 5.09% | MICROSOFT CORP 7.32% |
| META PLATFORMS CLASS A 4.81% | AMAZON.COM INC 6.37% |
| MICRON TECHNOLOGY 4.76% | ALPHABET INC 4.85% |
| VISA CLASS A 4.60% | BROADCOM INC 4.64% |
| LAM RESEARCH 4.02% | ALPHABET INC 4.48% |
| CATERPILLAR INC 3.65% | TESLA INC 3.58% |
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 and Sep 10, 2026.
| GARP iShares MSCI USA Quality GARP ETF | ONEQ Fidelity Nasdaq Composite Index ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Fidelity |
| What it is | MSCI USA Quality GARP | Nasdaq Composite |
| Total return, 1 year | +29.5% | +20.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +12.0 pts | +3.1 pts |
| Expense ratio | 0.15% | 0.21% |
| Already in the S&P 500 | 94.4% | 87.4% |
| Holdings | 133 | 1022 |
GARP in plain words
GARP is an index equity fund tracking the MSCI USA Quality GARP. Over the year to Sep 11, 2026 it returned +29.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Sep 10, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 133 positions, with the top ten at 43.2%.
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%.
Questions people ask
- Which returned more over the last year, GARP or ONEQ?
- In the year to Sep 13, 2026, with distributions reinvested, GARP returned +29.5% and ONEQ returned +20.6%, so GARP returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, GARP or ONEQ?
- GARP charges 0.15% a year and ONEQ charges 0.21%, so GARP is cheaper. Fees come from each fund's prospectus.
- How much do GARP and ONEQ overlap with the S&P 500?
- By their latest filed holdings, 94% of GARP and 87% of ONEQ by weight is stocks the S&P 500 already holds. Between the two funds, 0% 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, GARP against ONEQ, data as of Sep 13, 2026. https://etfiq.com/compare/any/garp-vs-oneq Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources