Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
ONEQ vs XLF: how they differ
ONEQ and XLF hold 0% of their weight in the same names, and ONEQ returned more over the year.
Fidelity Nasdaq Composite Index ETF and State Street(R) Financial Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, ONEQ and XLF hold 0% of their money in the same securities at the same weight.
| Only in ONEQ | Only in XLF |
|---|---|
| NVIDIA CORP 11.24% | JPMORGAN CHASE + CO 11.81% |
| APPLE INC 10.04% | BERKSHIRE HATHAWAY INC CL B 11.59% |
| MICROSOFT CORP 7.32% | VISA INC CLASS A SHARES 7.60% |
| AMAZON.COM INC 6.37% | MASTERCARD INC A 5.69% |
| ALPHABET INC 4.85% | BANK OF AMERICA CORP 5.09% |
| BROADCOM INC 4.64% | GOLDMAN SACHS GROUP INC 3.75% |
| ALPHABET INC 4.48% | WELLS FARGO + CO 3.41% |
| TESLA INC 3.58% | MORGAN STANLEY 3.18% |
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 Fidelity Nasdaq Composite Index ETF | XLF State Street(R) Financial Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Fidelity | State Street |
| What it is | Nasdaq Composite | Financials |
| Total return, 1 year | +20.6% | +7.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +3.1 pts | −9.9 pts |
| Expense ratio | 0.21% | 0.08% |
| Already in the S&P 500 | 87.4% | 100.0% |
| Holdings | 1022 | 79 |
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%.
XLF in plain words
XLF is an index equity fund tracking the Financials. Over the year to Sep 11, 2026 it returned +7.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% 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 79 positions, with the top ten at 57.3%.
Questions people ask
- Which returned more over the last year, ONEQ or XLF?
- In the year to Sep 13, 2026, with distributions reinvested, ONEQ returned +20.6% and XLF returned +7.6%, so ONEQ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, ONEQ or XLF?
- ONEQ charges 0.21% a year and XLF charges 0.08%, so XLF is cheaper. Fees come from each fund's prospectus.
- How much do ONEQ and XLF overlap with the S&P 500?
- By their latest filed holdings, 87% of ONEQ and 100% of XLF 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.
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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.
Cite this page. ETFIQ, ONEQ against XLF, data as of Sep 13, 2026. https://etfiq.com/compare/any/oneq-vs-xlf Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources