Get the weekly note

Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

ONEQ vs SPMO: how they differ

ONEQ and SPMO hold 0% of their weight in the same names, and SPMO returned more over the year.

Fidelity Nasdaq Composite Index ETF and Invesco S&P 500 Momentum ETF.

What they hold in common

By the books each fund has filed, ONEQ and SPMO hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in ONEQOnly in SPMO
NVIDIA CORP 11.24%Micron Technology Inc 11.01%
APPLE INC 10.04%NVIDIA Corp 8.93%
MICROSOFT CORP 7.32%Broadcom Inc 6.24%
AMAZON.COM INC 6.37%Johnson & Johnson 4.64%
ALPHABET INC 4.85%Alphabet Inc 4.29%
BROADCOM INC 4.64%Advanced Micro Devices Inc 4.12%
ALPHABET INC 4.48%Alphabet Inc 3.42%
TESLA INC 3.58%Lam Research Corp 3.38%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Sep 10, 2026.

ONEQ and SPMO on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
ONEQ
Fidelity Nasdaq Composite Index ETF
SPMO
Invesco S&P 500 Momentum ETF
Where it sitsCore index fundCore index fund
IssuerFidelityInvesco
What it isNasdaq CompositeS&P 500 Momentum
Total return, 1 year+20.6%+24.5%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+3.1 pts+7.0 pts
Expense ratio0.21%0.13%
Already in the S&P 50087.4%100.0%
Holdings1022101

ONEQ in plain words

ONEQ is an index equity fund tracking the Nasdaq Composite. Over the year to Sep 11, 2026 it returned +20.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.21% a year. By its holdings filed for May 31, 2026, 87% of the fund by weight is stocks the S&P 500 also holds, across 1022 positions, with the top ten at 57.9%.

SPMO in plain words

SPMO is an index equity fund tracking the S&P 500 Momentum. Over the year to Sep 11, 2026 it returned +24.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.13% a year. By its holdings filed for Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 101 positions, with the top ten at 51.9%. It sat 8.3% below its high of Jun 22, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, ONEQ or SPMO?
In the year to Sep 13, 2026, with distributions reinvested, ONEQ returned +20.6% and SPMO returned +24.5%, so SPMO returned more. One year is one year; the longer windows are in the table.
Which is cheaper, ONEQ or SPMO?
ONEQ charges 0.21% a year and SPMO charges 0.13%, so SPMO is cheaper. Fees come from each fund's prospectus.
How much do ONEQ and SPMO overlap with the S&P 500?
By their latest filed holdings, 87% of ONEQ and 100% of SPMO by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.

Other comparisons

Where to next

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

ONEQ against SPMO, ETFIQ, data as of Sep 13, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, ONEQ against SPMO, data as of Sep 13, 2026. https://etfiq.com/compare/any/oneq-vs-spmo Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources