Data as of Oct 28, 2026.

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IUSB vs ONEQ: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IUSB returned −1.2% to ONEQ's +12.7%; 0% of their weight is in the same names.

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Net assets: $49.8bn on Oct 27, 2026 for iShares Core Universal USD Bond ETF, and $10.9bn on Sep 30, 2026 for Fidelity Nasdaq Composite Index ETF.

At a glance
−1.2%
IUSB total return, 1 year
+12.7%
ONEQ total return, 1 year
0.06%
IUSB expense ratio
0.21%
ONEQ expense ratio

Pair scorecard

IUSB costs 0.15 points a year less; their one-year returns differ by 13.9 points; IUSB is 4.4 times larger.

IUSB vs ONEQ: Differences, Returns & Fees
MeasureIUSBONEQ
Return
Total return, 1 year−1.2%+12.7%
Drawdown
Below its high3.8%, high on Oct 6, 2026
Benchmark
What it tracksBloomberg U.S. Universal IndexNasdaq Composite Index
Cost and size
Expense ratio0.06%0.21%
Net assets, as of Sep 30, 2026$48.1bn$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

Risk and return

Jun 20, 2014 to Oct 23, 2026 · 644 weekly returns
IUSB ONEQ
Return
Total return edge ONEQ +28.3% +576.2%
Annualized edge ONEQ +2.0% +16.7%
Price return edge ONEQ −10.7% +496.8%
Risk
Volatility edge IUSB 5.0% 19.6%
Max drawdown edge IUSB −17.7% −34.6%
Risk-adjusted
Sharpe edge ONEQ 0.02 0.78
Sortino edge ONEQ 0.02 1.16
Calmar edge ONEQ 0.11 0.48
Reading

ONEQ returned more: +576.2% to +28.3%. IUSB swung less: 5.0% to 19.6%. IUSB fell less at its worst: −17.7% to −34.6%.

Full scorecard

9 measures, with how each is measured
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Risk and return: IUSB vs ONEQ: Differences, Returns & Fees
MeasureIUSBONEQEdgeHow it is measured
Return
Total return+28.3%+576.2%ONEQPrice change plus distributions, reinvested.
Annualized+2.0%+16.7%ONEQTotal return as a yearly rate.
Price return−10.7%+496.8%ONEQPrice change alone, distributions left out.
Risk
Volatility5.0%19.6%IUSBSpread of weekly returns, annualized. Lower is steadier.
Downside deviation3.6%13.1%IUSBLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−17.7%−34.6%IUSBDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.020.78ONEQReturn above Treasury bills per unit of volatility.
Sortino0.021.16ONEQReturn above Treasury bills per unit of downside deviation.
Calmar0.110.48ONEQAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 644 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

By the books each fund has filed, IUSB 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 IUSB ONEQ
Only in one fund ↓
Only in IUSB
BLK Liquidity Temp Cash Inst #21 4.75%
TREASURY NOTE 0.49%
TREASURY NOTE 0.42%
TREASURY NOTE 0.41%
TREASURY NOTE 0.38%
TREASURY NOTE 0.37%
TREASURY NOTE (2OLD) 0.36%
UMBS 15YR TBA(REG B) 0.35%
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%
Check overlap with more funds →

Side by side

IUSB iShares Core Universal USD Bond ETF ONEQ Fidelity Nasdaq Composite Index ETF
Where it sits Bond ETF Stock ETF
What it is Tracks an index of Universal USD Bond Tracks the Nasdaq Composite
Total return, 1 year −1.2% +12.7%
Expense ratio 0.06% 0.21%
Holdings 18338 1026
Net assets, IUSB as of Oct 27, 2026 and ONEQ as of Sep 30, 2026 $49.8bn $10.9bn

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

Client brief · page 1 of 2 Report BR-ADE1C36EF5

IUSB and ONEQ do different jobs. What does each one do in a portfolio?

  1. What each follows. IUSB follows Bloomberg U.S. Universal Index and ONEQ follows Nasdaq Composite Index.
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026 and Aug 31, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 IUSB returned −1.2% and ONEQ +12.7% with distributions reinvested, a gap of 13.9 points.

Data as of Oct 28, 2026.

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About each fund
IUSB

IUSB tracks an index of Universal USD Bond. Over the year to Oct 28, 2026 it returned −1.2% with distributions reinvested. The prospectus expense ratio is 0.06% a year.

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, IUSB or ONEQ?
In the year to Oct 28, 2026, with distributions reinvested, IUSB returned −1.2% and ONEQ +12.7%.
Which is cheaper, IUSB or ONEQ?
IUSB is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, IUSB against ONEQ, data as of Oct 28, 2026. https://etfiq.com/compare/any/iusb-vs-oneq

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