Data as of Oct 28, 2026.
ONEQ vs SCHX: Differences, Returns & Fees
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.
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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.
Pair scorecard
SCHX costs 0.18 points a year less; their one-year returns differ by 0.4 points.
| Measure | ONEQ | SCHX |
|---|---|---|
| Return | ||
| Total return, 1 year | +12.7% | +13.1% |
| Drawdown | ||
| Below its high | 3.8%, high on Oct 6, 2026 | |
| Benchmark | ||
| What it tracks | Nasdaq Composite Index | Dow Jones U.S. Large-Cap Total Stock Market Index |
| Cost and size | ||
| Expense ratio | 0.21% | 0.03% |
| Net assets, ONEQ as of Sep 30, 2026 and SCHX as of Aug 31, 2026 | $10.9bn | $74.2bn |
| Holdings | ||
| Holdings in common | 55% | |
| Top ten holdings, share of the fund | 56.0% | 36.0% |
Holdings in common uses holdings dated Aug 31, 2026. Method
Risk and return
Nov 13, 2009 to Oct 23, 2026 · 884 weekly returnsONEQ 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 ↓
| Measure | ONEQ | SCHX | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +1,324.8% | +831.5% | ONEQ | Price change plus distributions, reinvested. |
| Annualized | +16.9% | +14.0% | ONEQ | Total return as a yearly rate. |
| Price return | +1,097.1% | +597.2% | ONEQ | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 18.9% | 16.2% | SCHX | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 12.7% | 11.2% | SCHX | Like 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 | ||||
| Sharpe | 0.84 | 0.80 | ONEQ (slight) | Return above Treasury bills per unit of volatility. |
| Sortino | 1.25 | 1.16 | ONEQ (slight) | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.49 | 0.43 | ONEQ | Annualized 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
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.
half
55% in common
Only in one fund ↓
Side by side
ONEQ and SCHX on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
ONEQ and SCHX do different jobs. What does each one do in a portfolio?
- What each follows. ONEQ follows Nasdaq Composite Index and SCHX follows Dow Jones U.S. Large-Cap Total Stock Market Index.
- Cost. ONEQ charges 0.21% of assets a year and SCHX 0.03%, a gap of 0.18 points.
- Holdings in common (similar). 55% of the weight is in the same securities (holdings dated Aug 31, 2026).
Data as of Oct 28, 2026.
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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.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, ONEQ against SCHX, data as of Oct 28, 2026. https://etfiq.com/compare/any/oneq-vs-schx
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