Data as of Oct 28, 2026.

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ONEQ vs XLE: Differences, Returns & Fees

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Over the year to Oct 28, 2026, ONEQ returned +12.7% to XLE's +61.2%; 0% 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 $45.2bn on Oct 27, 2026 for State Street Energy Select Sector SPDR ETF.

At a glance
+12.7%
ONEQ total return, 1 year
+61.2%
XLE total return, 1 year
0.21%
ONEQ expense ratio
0.08%
XLE expense ratio

Pair scorecard

XLE costs 0.13 points a year less; their one-year returns differ by 48.5 points; XLE is 3.6 times larger.

ONEQ vs XLE: Differences, Returns & Fees
MeasureONEQXLE
Return
Total return, 1 year+12.7%+61.2%
Drawdown
Below its high3.8%, high on Oct 6, 2026
Benchmark
What it tracksNasdaq Composite IndexEnergy Select Sector Index
Cost and size
Expense ratio0.21%0.08%
Net assets, as of Sep 30, 2026$10.9bn$39.1bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund56.0%78.1%

Holdings in common uses holdings dated Aug 31, 2026 and Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, ONEQ and XLE hold 0% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first ONEQ XLE
BAKER HUGHES CO 0.14% 2.82%
DIAMONDBACK ENERGY INC 0.12% 2.01%
EXPAND ENERGY CORP 0.05% 1.05%
APA CORP 0.03% 0.86%
Only in one fund ↓
Only in ONEQ
NVIDIA CORP 11.57%
APPLE INC 10.08%
MICROSOFT CORP 8.16%
AMAZON.COM INC 6.05%
ALPHABET INC 4.28%
ALPHABET INC 3.96%
BROADCOM INC 3.80%
TESLA INC 2.99%
Only in XLE
EXXONMOBIL HOLDINGS CORP 23.98%
CHEVRON CORP 18.21%
CONOCOPHILLIPS 7.18%
MARATHON PETROLEUM CORP 4.67%
PHILLIPS 66 4.41%
VALERO ENERGY CORP 4.26%
WILLIAMS COS INC 4.22%
EOG RESOURCES INC 4.07%
Check overlap with more funds →

Side by side

ONEQ Fidelity Nasdaq Composite Index ETF XLE State Street Energy Select Sector SPDR ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the Nasdaq Composite Tracks an index of Energy
Total return, 1 year +12.7% +61.2%
Expense ratio 0.21% 0.08%
Already in the S&P 500 84.6% 99.8%
Holdings 1026 22
Net assets, ONEQ as of Sep 30, 2026 and XLE as of Oct 27, 2026 $10.9bn $45.2bn

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

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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.

XLE

XLE tracks an index of Energy. Over the year to Oct 28, 2026 it returned +61.2% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 22 positions, with the top ten at 78.1%.

Questions people ask

Which returned more over the last year, ONEQ or XLE?
In the year to Oct 28, 2026, with distributions reinvested, ONEQ returned +12.7% and XLE +61.2%.
Which is cheaper, ONEQ or XLE?
XLE is cheaper, by 0.13 percentage points a year. That is about $13 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do ONEQ and XLE overlap with the S&P 500?
By their latest filed holdings, 85% of ONEQ and 100% of XLE by weight is stocks the S&P 500 already holds.
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ETFIQ, ONEQ against XLE, data as of Oct 28, 2026. https://etfiq.com/compare/any/oneq-vs-xle

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