Data as of Oct 28, 2026.
ONEQ vs XLY: Differences, Returns & Fees
Over the year to Oct 28, 2026, ONEQ returned +12.7% to XLY's −3.6%; 11% 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 $22.4bn on Oct 27, 2026 for State Street Consumer Discretionary Select Sector SPDR ETF.
Pair scorecard
XLY costs 0.13 points a year less; their one-year returns differ by 16.3 points; XLY is 2.0 times larger.
| Measure | ONEQ | XLY |
|---|---|---|
| Return | ||
| Total return, 1 year | +12.7% | −3.6% |
| Drawdown | ||
| Below its high | 3.8%, high on Oct 6, 2026 | 6.8%, high on Jan 12, 2026 |
| Benchmark | ||
| What it tracks | Nasdaq Composite Index | Consumer Discretionary Select Sector Index |
| Cost and size | ||
| Expense ratio | 0.21% | 0.08% |
| Net assets, as of Sep 30, 2026 | $10.9bn | $21.3bn |
| Holdings | ||
| Holdings in common | 11% | |
| Top ten holdings, share of the fund | 56.0% | 68.5% |
Holdings in common uses holdings dated Aug 31, 2026 and Oct 27, 2026. Method
What they share
By the books each fund has filed, ONEQ and XLY hold 11% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Oct 27, 2026.
half
11% in common
Only in one fund ↓
Side by side
ONEQ and XLY on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
ONEQ and XLY do different jobs. What does each one do in a portfolio?
- What each follows. ONEQ follows Nasdaq Composite Index and XLY follows Consumer Discretionary Select Sector Index.
- Holdings in common. 11% of the weight is in the same securities (holdings dated Aug 31, 2026 and Oct 27, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 ONEQ returned +12.7% and XLY −3.6% with distributions reinvested, a gap of 16.3 points.
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.
XLY
XLY tracks an index of Consumer discretionary. Over the year to Oct 28, 2026 it returned −3.6% with distributions reinvested, against +13.6% for its benchmark, the S&P 500 Index. 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 48 positions, with the top ten at 68.5%. It sat 6.8% below its high of Jan 12, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, ONEQ or XLY?
- In the year to Oct 28, 2026, with distributions reinvested, ONEQ returned +12.7% and XLY −3.6%.
- Which is cheaper, ONEQ or XLY?
- XLY 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.
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.
Cite this pageCitation, APA and Markdown
ETFIQ, ONEQ against XLY, data as of Oct 28, 2026. https://etfiq.com/compare/any/oneq-vs-xly
ETFIQ. (Oct 28, 2026). ONEQ against XLY. Retrieved from https://etfiq.com/compare/any/oneq-vs-xly
[ONEQ against XLY (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/oneq-vs-xly)
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