Data as of Oct 28, 2026.

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ONEQ vs VOO: Differences, Returns & Fees

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Over the year to Oct 28, 2026, ONEQ returned +12.7% to VOO's +13.7%; 58% of their weight is in the same names.

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Net assets on Sep 30, 2026: $10.9bn for Fidelity Nasdaq Composite Index ETF and $1.0tn for Vanguard S&P 500 ETF.

At a glance
+12.7%
ONEQ total return, 1 year
+13.7%
VOO total return, 1 year
0.21%
ONEQ expense ratio
0.03%
VOO expense ratio

Pair scorecard

VOO costs 0.18 points a year less; their one-year returns differ by 1.0 point; VOO is far larger, $1.0tn against $10.9bn.

ONEQ vs VOO: Differences, Returns & Fees
MeasureONEQVOO
Return
Total return, 1 year+12.7%+13.7%
Drawdown
Below its high3.8%, high on Oct 6, 2026
Benchmark
What it tracksNasdaq Composite IndexS&P 500 Index
Cost and size
Expense ratio0.21%0.03%
Net assets, as of Sep 30, 2026$10.9bn$1.0tn
Holdings
Holdings in common58%
Top ten holdings, share of the fund56.0%39.1%

Holdings in common uses holdings dated Aug 31, 2026 and Sep 30, 2026. Method

Risk and return

Sep 17, 2010 to Oct 23, 2026 · 840 weekly returns
ONEQ VOO
Return
Total return edge ONEQ +1,226.5% +804.0%
Annualized edge ONEQ +17.4% +14.6%
Price return edge ONEQ +1,022.1% +575.9%
Risk
Volatility edge VOO 18.8% 15.9%
Max drawdown edge VOO (slight) −34.6% −31.8%
Risk-adjusted
Sharpe edge ONEQ (slight) 0.86 0.84
Sortino edge ONEQ (slight) 1.29 1.22
Calmar edge ONEQ (slight) 0.50 0.46
Reading

ONEQ returned more: +1,226.5% to +804.0%. VOO swung less: 15.9% to 18.8%. VOO fell slightly less at its worst: −31.8% to −34.6%.

Full scorecard

9 measures, with how each is measured
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Risk and return: ONEQ vs VOO: Differences, Returns & Fees
MeasureONEQVOOEdgeHow it is measured
Return
Total return+1,226.5%+804.0%ONEQPrice change plus distributions, reinvested.
Annualized+17.4%+14.6%ONEQTotal return as a yearly rate.
Price return+1,022.1%+575.9%ONEQPrice change alone, distributions left out.
Risk
Volatility18.8%15.9%VOOSpread of weekly returns, annualized. Lower is steadier.
Downside deviation12.5%10.9%VOOLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−34.6%−31.8%VOO (slight)Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.860.84ONEQ (slight)Return above Treasury bills per unit of volatility.
Sortino1.291.22ONEQ (slight)Return above Treasury bills per unit of downside deviation.
Calmar0.500.46ONEQ (slight)Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 840 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

58%

By the books each fund has filed, ONEQ and VOO hold 58% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Sep 30, 2026.

0 half 100%

half

58% in common

Positions both hold · largest shared weight first ONEQ VOO
NVIDIA CORP 11.57% 8.40%
APPLE INC 10.08% 7.39%
MICROSOFT CORP 8.16% 5.79%
AMAZON.COM INC 6.05% 3.72%
ALPHABET INC 4.28% 3.07%
BROADCOM INC 3.80% 2.54%
ALPHABET INC 3.96% 2.46%
META PLATFORMS INC 2.72% 2.43%
MICRON TECHNOLOGY INC 2.34% 1.83%
TESLA INC 2.99% 1.52%
ADVANCED MICRO DEVICES INC 1.66% 1.52%
INTEL CORP 0.98% 0.91%
Only in one fund ↓
Only in ONEQ
SPACE EXPLORATION TECHNOLOGIES CORP 2.29%
SANDISK CORP 0.50%
SHOPIFY INC 0.39%
ASML HOLDING NV 0.34%
MERCADOLIBRE INC 0.21%
MONSTER BEVERAGE CORP NEW 0.19%
OREILLY AUTOMOTIVE INC 0.16%
PDD HOLDINGS INC 0.12%
Only in VOO
Berkshire Hathaway Inc 1.41%
Eli Lilly & Co 1.41%
JPMorgan Chase & Co 1.34%
ExxonMobil Holdings Corp 1.02%
Johnson & Johnson 0.97%
Visa Inc 0.91%
AbbVie Inc 0.70%
Mastercard Inc 0.68%
Check overlap with more funds →

Side by side

ONEQ Fidelity Nasdaq Composite Index ETF VOO Vanguard S&P 500 ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the Nasdaq Composite Tracks the S&P 500
Total return, 1 year +12.7% +13.7%
Its benchmark over the same days not measured +13.7% (IVV)
Gap to its benchmark not measured 0.0 pts vs IVV
Expense ratio 0.21% 0.03%
Already in the S&P 500 84.6% 99.7%
Holdings 1026 507
Net assets, as of Sep 30, 2026 $10.9bn $1.0tn

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

Client brief · page 1 of 2 Report BR-E6658EC8FE

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

  1. What each follows. ONEQ follows Nasdaq Composite Index and VOO follows S&P 500 Index.
  2. Cost. ONEQ charges 0.21% of assets a year and VOO 0.03%, a gap of 0.18 points.
  3. Size. ONEQ has $10.9bn in net assets and VOO $1.0tn (net assets, as of Sep 30, 2026); VOO is 91.7 times larger.

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.

VOO

VOO tracks the S&P 500. Over the year to Oct 28, 2026 it returned +13.7% 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 published by its issuer as of Sep 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 507 positions, with the top ten at 39.1%.

Questions people ask

Which returned more over the last year, ONEQ or VOO?
In the year to Oct 28, 2026, with distributions reinvested, ONEQ returned +12.7% and VOO +13.7%.
Which is cheaper, ONEQ or VOO?
VOO 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 VOO overlap with the S&P 500?
By their latest filed holdings, 85% of ONEQ and 100% of VOO by weight is stocks the S&P 500 already holds.
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ETFIQ, ONEQ against VOO, data as of Oct 28, 2026. https://etfiq.com/compare/any/oneq-vs-voo

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