Data as of Oct 28, 2026.

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GOVT vs ONEQ: Differences, Returns & Fees

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Over the year to Oct 28, 2026, GOVT returned −1.5% to ONEQ's +12.7%; 0% of their weight is in the same names.

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Net assets: $42.8bn on Oct 27, 2026 for iShares U.S. Treasury Bond ETF, and $10.9bn on Sep 30, 2026 for Fidelity Nasdaq Composite Index ETF.

At a glance
−1.5%
GOVT total return, 1 year
+12.7%
ONEQ total return, 1 year
0.05%
GOVT expense ratio
0.21%
ONEQ expense ratio

Pair scorecard

GOVT costs 0.16 points a year less; their one-year returns differ by 14.2 points; GOVT is 3.8 times larger.

GOVT vs ONEQ: Differences, Returns & Fees
MeasureGOVTONEQ
Return
Total return, 1 year−1.5%+12.7%
Drawdown
Below its high8.1%, high on Aug 4, 20203.8%, high on Oct 6, 2026
Benchmark
What it tracksICE U.S. Treasury Core Bond IndexNasdaq Composite Index
Cost and size
Expense ratio0.05%0.21%
Net assets, as of Sep 30, 2026$41.4bn$10.9bn
Holdings
Holdings in common0%
In the S&P 500, by weight85%
Top ten holdings, share of the fund56.0%

Holdings in common uses holdings dated Aug 31, 2026 and Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, GOVT and ONEQ hold 0% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first GOVT ONEQ
Only in one fund ↓
Only in GOVT
TREASURY NOTE 5.17%
TREASURY NOTE 2.98%
TREASURY NOTE 2.12%
TREASURY NOTE 1.95%
TREASURY NOTE 1.65%
TREASURY BOND 1.51%
TREASURY BOND 1.46%
TREASURY BOND 1.42%
Only in ONEQ
NVIDIA CORP 11.57%
APPLE INC 10.08%
MICROSOFT CORP 8.16%
AMAZON.COM INC 6.05%
ALPHABET INC 4.28%
ALPHABET INC 3.96%
BROADCOM INC 3.80%
TESLA INC 2.99%
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Side by side

GOVT iShares U.S. Treasury Bond ETF ONEQ Fidelity Nasdaq Composite Index ETF
Where it sits Bond ETF Stock ETF
What it is Tracks an index of U.S. Treasury Bond Tracks the Nasdaq Composite
Total return, 1 year −1.5% +12.7%
Expense ratio 0.05% 0.21%
Holdings 229 1026
Net assets, GOVT as of Oct 27, 2026 and ONEQ as of Sep 30, 2026 $42.8bn $10.9bn

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

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About each fund
GOVT

GOVT tracks an index of U.S. Treasury Bond. Over the year to Oct 28, 2026 it returned −1.5% with distributions reinvested. The prospectus expense ratio is 0.05% a year. It sat 8.1% below its high of Aug 4, 2020 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, GOVT or ONEQ?
In the year to Oct 28, 2026, with distributions reinvested, GOVT returned −1.5% and ONEQ +12.7%.
Which is cheaper, GOVT or ONEQ?
GOVT is cheaper, by 0.16 percentage points a year. That is about $16 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, GOVT against ONEQ, data as of Oct 28, 2026. https://etfiq.com/compare/any/govt-vs-oneq

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