Data as of Oct 28, 2026.

vsCompare their flowsaskIQ about these two fundsAsk the committee about these two funds
Across categories

ONEQ vs SCHX: Differences, Returns & Fees

Share
Share on XDownload as PDF

Over the year to Oct 28, 2026, ONEQ returned +12.7% to SCHX's +13.1%; 55% of their weight is in the same names.

askIQ about this page

askIQ about ONEQ and SCHX

Net assets: $10.9bn on Sep 30, 2026 for Fidelity Nasdaq Composite Index ETF, and $74.2bn on Aug 31, 2026 for Schwab U.S. Large-Cap ETF.

At a glance
+12.7%
ONEQ total return, 1 year
+13.1%
SCHX total return, 1 year
0.21%
ONEQ expense ratio
0.03%
SCHX expense ratio

Pair scorecard

SCHX costs 0.18 points a year less; their one-year returns differ by 0.4 points.

ONEQ vs SCHX: Differences, Returns & Fees
MeasureONEQSCHX
Return
Total return, 1 year+12.7%+13.1%
Drawdown
Below its high3.8%, high on Oct 6, 2026
Benchmark
What it tracksNasdaq Composite IndexDow Jones U.S. Large-Cap Total Stock Market Index
Cost and size
Expense ratio0.21%0.03%
Net assets, ONEQ as of Sep 30, 2026 and SCHX as of Aug 31, 2026$10.9bn$74.2bn
Holdings
Holdings in common55%
Top ten holdings, share of the fund56.0%36.0%

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

Risk and return

Nov 13, 2009 to Oct 23, 2026 · 884 weekly returns
ONEQ SCHX
Return
Total return edge ONEQ +1,324.8% +831.5%
Annualized edge ONEQ +16.9% +14.0%
Price return edge ONEQ +1,097.1% +597.2%
Risk
Volatility edge SCHX 18.9% 16.2%
Max drawdown edge SCHX (slight) −34.6% −32.3%
Risk-adjusted
Sharpe edge ONEQ (slight) 0.84 0.80
Sortino edge ONEQ (slight) 1.25 1.16
Calmar edge ONEQ 0.49 0.43
Reading

ONEQ returned more: +1,324.8% to +831.5%. SCHX swung less: 16.2% to 18.9%. SCHX fell slightly less at its worst: −32.3% to −34.6%.

Full scorecard

9 measures, with how each is measured
Open ↓
Risk and return: ONEQ vs SCHX: Differences, Returns & Fees
MeasureONEQSCHXEdgeHow it is measured
Return
Total return+1,324.8%+831.5%ONEQPrice change plus distributions, reinvested.
Annualized+16.9%+14.0%ONEQTotal return as a yearly rate.
Price return+1,097.1%+597.2%ONEQPrice change alone, distributions left out.
Risk
Volatility18.9%16.2%SCHXSpread of weekly returns, annualized. Lower is steadier.
Downside deviation12.7%11.2%SCHXLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−34.6%−32.3%SCHX (slight)Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.840.80ONEQ (slight)Return above Treasury bills per unit of volatility.
Sortino1.251.16ONEQ (slight)Return above Treasury bills per unit of downside deviation.
Calmar0.490.43ONEQAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 884 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

55%

By the books each fund has filed, ONEQ and SCHX hold 55% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026.

0 half 100%

half

55% in common

Positions both hold · largest shared weight first ONEQ SCHX
NVIDIA CORP 11.57% 7.69%
APPLE INC 10.08% 6.69%
MICROSOFT CORP 8.16% 5.42%
AMAZON.COM INC 6.05% 3.66%
ALPHABET INC 4.28% 2.86%
BROADCOM INC 3.80% 2.52%
ALPHABET INC 3.96% 2.28%
META PLATFORMS INC 2.72% 1.81%
MICRON TECHNOLOGY INC 2.34% 1.56%
TESLA INC 2.99% 1.49%
ADVANCED MICRO DEVICES INC 1.66% 1.10%
WALMART INC 1.80% 0.66%
Only in one fund ↓
Only in ONEQ
SANDISK CORP 0.50%
SHOPIFY INC 0.39%
ASML HOLDING NV 0.34%
MERCADOLIBRE INC 0.21%
MONSTER BEVERAGE CORP NEW 0.19%
LUMENTUM HOLDINGS INC 0.17%
OREILLY AUTOMOTIVE INC 0.16%
BAKER HUGHES CO 0.14%
Only in SCHX
JPMorgan Chase & Co 1.37%
Berkshire Hathaway Inc 1.33%
Eli Lilly & Co 1.32%
ExxonMobil Holdings Corp 0.96%
Johnson & Johnson 0.92%
Visa Inc 0.91%
Mastercard Inc 0.68%
AbbVie Inc 0.65%
Check overlap with more funds →

Side by side

ONEQ Fidelity Nasdaq Composite Index ETF SCHX Schwab U.S. Large-Cap ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the Nasdaq Composite Tracks an index of U.S. Large-Cap
Total return, 1 year +12.7% +13.1%
Its benchmark over the same days not measured +13.7% (IVV)
Gap to its benchmark not measured −0.6 pts vs IVV
Expense ratio 0.21% 0.03%
Already in the S&P 500 84.6% 93.6%
Holdings 1026 747
Net assets, ONEQ as of Sep 30, 2026 and SCHX as of Aug 31, 2026 $10.9bn $74.2bn

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

Client brief · page 1 of 2 Report BR-E50F4D9AAC

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

  1. What each follows. ONEQ follows Nasdaq Composite Index and SCHX follows Dow Jones U.S. Large-Cap Total Stock Market Index.
  2. Cost. ONEQ charges 0.21% of assets a year and SCHX 0.03%, a gap of 0.18 points.
  3. Holdings in common (similar). 55% of the weight is in the same securities (holdings dated Aug 31, 2026).

Data as of Oct 28, 2026.

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Your saved page · Privacy.

Alert

The week's ETF fund flows, by email on Sundays.

One-click unsubscribe. See Privacy.

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.

SCHX

SCHX tracks an index of U.S. Large-Cap. Over the year to Oct 28, 2026 it returned +13.1% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.03% a year. By its holdings filed for Aug 31, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 747 positions, with the top ten at 36.0%.

Questions people ask

Which returned more over the last year, ONEQ or SCHX?
In the year to Oct 28, 2026, with distributions reinvested, ONEQ returned +12.7% and SCHX +13.1%.
Which is cheaper, ONEQ or SCHX?
SCHX is cheaper, by 0.18 percentage points a year. That is about $18 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do ONEQ and SCHX overlap with the S&P 500?
By their latest filed holdings, 85% of ONEQ and 94% of SCHX by weight is stocks the S&P 500 already holds.
Other comparisons
Cite this pageCitation, APA and Markdown

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

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.