Data as of Oct 28, 2026.

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ONEQ vs SCHG: Differences, Returns & Fees

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Over the year to Oct 28, 2026, ONEQ returned +12.7% to SCHG's +6.8%; 62% of their weight is in the same names.

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Net assets: $10.9bn on Sep 30, 2026 for Fidelity Nasdaq Composite Index ETF, and $63.0bn on Aug 31, 2026 for Schwab U.S. Large-Cap Growth ETF.

At a glance
+12.7%
ONEQ total return, 1 year
+6.8%
SCHG total return, 1 year
0.21%
ONEQ expense ratio
0.04%
SCHG expense ratio

Pair scorecard

SCHG costs 0.17 points a year less; their one-year returns differ by 5.9 points.

ONEQ vs SCHG: Differences, Returns & Fees
MeasureONEQSCHG
Return
Total return, 1 year+12.7%+6.8%
Drawdown
Below its high3.8%, high on Oct 6, 20263.5%, high on Oct 6, 2026
Benchmark
What it tracksNasdaq Composite IndexDow Jones U.S. Large-Cap Growth Total Stock Market Index
Cost and size
Expense ratio0.21%0.04%
Net assets, ONEQ as of Sep 30, 2026 and SCHG as of Aug 31, 2026$10.9bn$63.0bn
Holdings
Holdings in common62%
Top ten holdings, share of the fund56.0%51.0%

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

Risk and return

Dec 18, 2009 to Oct 23, 2026 · 879 weekly returns
ONEQ SCHG
Return
Total return edge ONEQ +1,295.1% +1,156.7%
Annualized edge ONEQ (slight) +16.9% +16.2%
Price return edge ONEQ (slight) +1,075.1% +988.8%
Risk
Volatility edge SCHG (slight) 19.0% 18.5%
Max drawdown edge Tie −34.6% −34.2%
Risk-adjusted
Sharpe edge ONEQ (slight) 0.84 0.82
Sortino edge ONEQ (slight) 1.25 1.22
Calmar edge ONEQ (slight) 0.49 0.47
Reading

ONEQ returned more: +1,295.1% to +1,156.7%. SCHG swung slightly less: 18.5% to 19.0%. ONEQ and SCHG fell about the same at their worst: −34.6% and −34.2%.

Full scorecard

9 measures, with how each is measured
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Risk and return: ONEQ vs SCHG: Differences, Returns & Fees
MeasureONEQSCHGEdgeHow it is measured
Return
Total return+1,295.1%+1,156.7%ONEQPrice change plus distributions, reinvested.
Annualized+16.9%+16.2%ONEQ (slight)Total return as a yearly rate.
Price return+1,075.1%+988.8%ONEQ (slight)Price change alone, distributions left out.
Risk
Volatility19.0%18.5%SCHG (slight)Spread of weekly returns, annualized. Lower is steadier.
Downside deviation12.7%12.5%SCHG (slight)Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown−34.6%−34.2%TieDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.840.82ONEQ (slight)Return above Treasury bills per unit of volatility.
Sortino1.251.22ONEQ (slight)Return above Treasury bills per unit of downside deviation.
Calmar0.490.47ONEQ (slight)Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 879 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

62%

By the books each fund has filed, ONEQ and SCHG hold 62% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026.

0 half 100%

half

62% in common

Positions both hold · largest shared weight first ONEQ SCHG
NVIDIA CORP 11.57% 10.67%
APPLE INC 10.08% 9.29%
MICROSOFT CORP 8.16% 7.52%
AMAZON.COM INC 6.05% 5.07%
ALPHABET INC 4.28% 3.97%
BROADCOM INC 3.80% 3.50%
ALPHABET INC 3.96% 3.16%
META PLATFORMS INC 2.72% 2.51%
TESLA INC 2.99% 2.37%
ADVANCED MICRO DEVICES INC 1.66% 2.37%
PALANTIR TECHNOLOGIES INC 0.92% 1.65%
COSTCO WHOLESALE CORP 0.90% 1.61%
Only in one fund ↓
Only in ONEQ
MICRON TECHNOLOGY INC 2.34%
SPACE EXPLORATION TECHNOLOGIES CORP 2.29%
WALMART INC 1.80%
INTEL CORP 0.98%
CISCO SYSTEMS INC 0.94%
LAM RESEARCH CORP 0.82%
APPLIED MATERIALS INC 0.79%
TEXAS INSTRUMENTS INC. 0.52%
Only in SCHG
Eli Lilly & Co 2.93%
Visa Inc 2.43%
Mastercard Inc 1.83%
UnitedHealth Group Inc 1.36%
General Electric Co 1.35%
GE Vernova Inc 0.93%
Thermo Fisher Scientific Inc 0.88%
Salesforce Inc 0.81%
Check overlap with more funds →

Side by side

ONEQ Fidelity Nasdaq Composite Index ETF SCHG Schwab U.S. Large-Cap Growth ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the Nasdaq Composite Tracks an index of U.S. Large-Cap Growth
Total return, 1 year +12.7% +6.8%
Its benchmark over the same days not measured +13.7% (IVV)
Gap to its benchmark not measured −6.9 pts vs IVV
Expense ratio 0.21% 0.04%
Already in the S&P 500 84.6% 94.7%
Holdings 1026 192
Net assets, ONEQ as of Sep 30, 2026 and SCHG as of Aug 31, 2026 $10.9bn $63.0bn

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

Client brief · page 1 of 2 Report BR-61DC5A2765

ONEQ and SCHG are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. ONEQ follows Nasdaq Composite Index and SCHG follows Dow Jones U.S. Large-Cap Growth Total Stock Market Index.
  2. One-year total return. Over 1 year to Oct 28, 2026 ONEQ returned +12.7% and SCHG +6.8% with distributions reinvested, a gap of 5.9 points.
  3. Number of holdings. ONEQ holds 1,026 positions and SCHG holds 192.

Data as of Oct 28, 2026.

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About each fund
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.

SCHG

SCHG tracks an index of U.S. Large-Cap Growth. Over the year to Oct 28, 2026 it returned +6.8% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.04% a year. By its holdings filed for Aug 31, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 192 positions, with the top ten at 51.0%. It sat 3.5% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, ONEQ or SCHG?
In the year to Oct 28, 2026, with distributions reinvested, ONEQ returned +12.7% and SCHG +6.8%.
Which is cheaper, ONEQ or SCHG?
SCHG is cheaper, by 0.17 percentage points a year. That is about $17 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do ONEQ and SCHG overlap with the S&P 500?
By their latest filed holdings, 85% of ONEQ and 95% of SCHG by weight is stocks the S&P 500 already holds.
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ETFIQ, ONEQ against SCHG, data as of Oct 28, 2026. https://etfiq.com/compare/any/oneq-vs-schg

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