Which returned more over the last year, IAU or ONEQ?

In the year to Oct 28, 2026, with distributions reinvested, IAU returned +2.7% and ONEQ +12.7%.

Which is cheaper, IAU or ONEQ?

ONEQ is cheaper, by 0.04 percentage points a year. That is about $4 on $10,000 held for a year. Fees come from each fund's own filings.

Data as of Oct 28, 2026.

Across categories

IAU vs ONEQ: Differences, Returns & Fees

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IAU is a commodity fund and ONEQ an equity index fund, and over the year to Oct 28, 2026, ONEQ returned +12.7% against +2.7%.

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Net assets: $60.1bn on Oct 28, 2026 for iShares Gold Trust, and $10.9bn on Sep 30, 2026 for Fidelity Nasdaq Composite Index ETF.

IAU on its own →ONEQ on its own →

At a glance

+2.7%

IAU total return, 1 year

+12.7%

ONEQ total return, 1 year

0.25%

IAU expense ratio

0.21%

ONEQ expense ratio

Pair scorecard

ONEQ costs 0.04 points a year less; their one-year returns differ by 10.0 points; IAU is 5.7 times larger.

IAU vs ONEQ: Differences, Returns & Fees
Measure	IAU	ONEQ
Return
Measure	IAU	ONEQ
Total return, 1 year	+2.7%	+12.7%
Drawdown
Measure	IAU	ONEQ
Below its high	24.6%, high on Jan 29, 2026	3.8%, high on Oct 6, 2026
Benchmark
Measure	IAU	ONEQ
What it tracks	Gold	Nasdaq Composite Index
Cost and size
Measure	IAU	ONEQ
Expense ratio	0.25%	0.21%
Net assets, as of Sep 30, 2026	$62.2bn	$10.9bn
Holdings
Measure	IAU	ONEQ
Holdings in common	not published
In the S&P 500, by weight		85%
Holdings dated		Aug 31, 2026
Top ten holdings, share of the fund		56.0%

Method

Side by side

IAU iShares Gold Trust ONEQ Fidelity Nasdaq Composite Index ETF

Where it sits Commodity ETF Stock ETF

Issuer iShares Fidelity

What it is Holds gold Tracks the Nasdaq Composite

Total return, 1 year +2.7% +12.7%

Its benchmark over the same days +2.5% (GLD) not measured

Gap to its benchmark +0.2 pts vs GLD not measured

Expense ratio 0.25% 0.21%

Holdings not counted 1026

Net assets, IAU as of Oct 28, 2026 and ONEQ as of Sep 30, 2026 $60.1bn $10.9bn

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

Alert

About each fund

IAU

Its expense ratio is 0.25% a year, for the three months to Jun 30, 2026, as its 10-Q states.

IAU holds gold. Over the year to Oct 28, 2026 it returned +2.7% with distributions reinvested, against +2.5% for its benchmark, the price of gold. It sat 24.6% below its high of Jan 29, 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, IAU or ONEQ?: In the year to Oct 28, 2026, with distributions reinvested, IAU returned +2.7% and ONEQ +12.7%.
Which is cheaper, IAU or ONEQ?: ONEQ is cheaper, by 0.04 percentage points a year. That is about $4 on $10,000 held for a year. Fees come from each fund's own filings.

Other comparisons

IAU vs MAGS IAU vs VUG IAU vs QQQ FBCG vs IAU ONEQ vs SLV ONEQ vs USO BWET vs ONEQ GLD vs ONEQ

Where to next

IAU on its own →ONEQ on its own →Hold both: look the portfolio through →Rankings →ONEQ dividend history →ONEQ holdings →Standards and sources →

Sources and dates

iShares page for IAU ↗

ONEQ filings on SEC EDGAR ↗

ONEQ prospectus with the expense ratio (SEC) ↗

Fidelity website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

Cite this pageCitation, APA and Markdown

ETFIQ, IAU against ONEQ, data as of Oct 28, 2026. https://etfiq.com/compare/any/iau-vs-oneq

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