Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
HYG vs ONEQ: how they differ
HYG and ONEQ hold 0% of their weight in the same names, and ONEQ returned more over the year.
iShares iBoxx $ High Yield Corporate Bond ETF and Fidelity Nasdaq Composite Index ETF.
What they hold in common
By the books each fund has filed, HYG and ONEQ hold 0% of their money in the same securities at the same weight.
| Only in HYG | Only in ONEQ |
|---|---|
| BLK CSH FND TREASURY SL AGENCY 0.68% | NVIDIA CORP 11.24% |
| 1261229 BC LTD 144A 0.56% | APPLE INC 10.04% |
| MERIDIAN ARC HOLDCO LLC 144A 0.47% | MICROSOFT CORP 7.32% |
| PR RNO PROPERTY OWNER 1 LLC 144A 0.35% | AMAZON.COM INC 6.37% |
| WULF COMPUTE LLC 144A 0.29% | ALPHABET INC 4.85% |
| GALAXY HELIOS DATA CENTERS II LLC 144A 0.28% | BROADCOM INC 4.64% |
| PANTHER ESCROW ISSUER LLC 144A 0.28% | ALPHABET INC 4.48% |
| SV RNO PROPERTY OWNER 1 LLC 144A 0.28% | 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.
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | ONEQ Fidelity Nasdaq Composite Index ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Fidelity |
| What it is | US high yield bonds | Nasdaq Composite |
| Total return, 1 year | +2.9% | +20.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −14.6 pts | +3.1 pts |
| Expense ratio | 0.49% | 0.21% |
| Holdings | 1326 | 1022 |
HYG in plain words
HYG is a bond fund tracking the US high yield bonds. Over the year to Sep 11, 2026 it returned +2.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.49% a year.
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, HYG or ONEQ?
- In the year to Sep 13, 2026, with distributions reinvested, HYG returned +2.9% and ONEQ returned +20.6%, so ONEQ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, HYG or ONEQ?
- HYG charges 0.49% a year and ONEQ charges 0.21%, so ONEQ is cheaper. Fees come from each fund's prospectus.
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.
Cite this page. ETFIQ, HYG against ONEQ, data as of Sep 13, 2026. https://etfiq.com/compare/any/hyg-vs-oneq Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources