ONEQ vs. USMC ETF Comparison

Comparison of Fidelity Nasdaq Composite Index Tracking Stock (ONEQ) to Principal U.S. Mega-Cap ETF (USMC)
ONEQ

Fidelity Nasdaq Composite Index Tracking Stock

ONEQ Description

ONEQ tracks only Nasdaq-listed companies and ignores those trading on the NYSE or other exchanges. The funds underlying index comprises all domestic and international companies listed in Nasdaq. ONEQs portfolio may favor technology firms, which in the past have dominated the Nasdaq market. This is at the expense of energy, industrials, financials and other industries. Its heavy weightings to large-cap firms may increase single-stock blowup risk. Much like the market it aims to track, ONEQ is essentially a growth play, carrying elevated P/E and P/B ratios and paying smaller dividends. This exposure has translated to higher market risk. ONEQ uses a sampling strategy to track its index, which is reconstituted and rebalanced daily.

Grade (RS Rating)

Last Trade

$74.95

Average Daily Volume

238,552

Number of Holdings *

830

* may have additional holdings in another (foreign) market
USMC

Principal U.S. Mega-Cap ETF

USMC Description The investment seeks to provide investment results that closely correspond, before expenses, to the performance of the Nasdaq US Mega Cap Select Leaders Index (the index). Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities that compose the index at the time of purchase. The index uses a quantitative model designed to identify equity securities of companies in the Nasdaq US 500 Large Cap Index (the parent index) that have the largest market capitalizations, with higher weights given to less volatile securities.

Grade (RS Rating)

Last Trade

$59.43

Average Daily Volume

57,211

Number of Holdings *

25

* may have additional holdings in another (foreign) market
Performance
Period ONEQ USMC
30 Days 4.10% 3.90%
60 Days 5.77% 4.90%
90 Days 6.51% 6.95%
12 Months 33.93% 32.27%
11 Overlapping Holdings
Symbol Grade Weight in ONEQ Weight in USMC Overlap
AAPL C 11.32% 6.61% 6.61%
AMD F 0.72% 2.18% 0.72%
AMZN C 7.05% 3.76% 3.76%
AVGO D 2.53% 3.55% 2.53%
COST B 1.33% 2.79% 1.33%
GOOGL C 3.35% 4.08% 3.35%
META D 4.0% 4.74% 4.0%
MSFT F 10.23% 6.37% 6.37%
NFLX A 1.17% 5.21% 1.17%
NVDA C 11.52% 4.89% 4.89%
TSLA B 3.4% 3.3% 3.3%
ONEQ Overweight 819 Positions Relative to USMC
Symbol Grade Weight
GOOG C 3.22%
TMUS B 0.89%
CSCO B 0.76%
ADBE C 0.74%
PEP F 0.7%
LIN D 0.69%
INTU C 0.63%
ISRG A 0.61%
QCOM F 0.59%
TXN C 0.59%
BKNG A 0.54%
CMCSA B 0.54%
AMGN D 0.5%
HON B 0.49%
AMAT F 0.46%
PANW C 0.41%
ADP B 0.4%
VRTX F 0.39%
SBUX A 0.37%
GILD C 0.36%
INTC D 0.35%
MU D 0.35%
ADI D 0.34%
MELI D 0.32%
LRCX F 0.3%
PYPL B 0.29%
EQIX A 0.28%
APP B 0.28%
MDLZ F 0.28%
CTAS B 0.27%
REGN F 0.27%
KLAC D 0.27%
CME A 0.27%
CRWD B 0.26%
CDNS B 0.26%
SNPS B 0.26%
MRVL B 0.25%
MAR B 0.25%
PDD F 0.25%
FTNT C 0.24%
CEG D 0.23%
ORLY B 0.23%
DASH A 0.22%
ASML F 0.21%
COIN C 0.21%
ADSK A 0.21%
CSX B 0.21%
MSTR C 0.2%
CHTR C 0.19%
ABNB C 0.19%
ROP B 0.19%
PCAR B 0.19%
CPRT A 0.18%
NXPI D 0.18%
WDAY B 0.18%
PAYX C 0.17%
FANG D 0.17%
MNST C 0.17%
TTD B 0.17%
FAST B 0.16%
AEP D 0.16%
NDAQ A 0.15%
ROST C 0.15%
ODFL B 0.15%
EA A 0.14%
KDP D 0.14%
BKR B 0.14%
AXON A 0.14%
CTSH B 0.13%
EXC C 0.13%
DDOG A 0.13%
TEAM A 0.13%
VRSK A 0.13%
ACGL D 0.13%
XEL A 0.13%
AZN D 0.12%
GEHC F 0.12%
KHC F 0.12%
LULU C 0.12%
WTW B 0.11%
MCHP D 0.11%
CCEP C 0.11%
IDXX F 0.11%
UAL A 0.1%
ON D 0.1%
ZS C 0.1%
TSCO D 0.1%
FCNCA A 0.1%
CSGP D 0.1%
DXCM D 0.1%
EBAY D 0.1%
ALNY D 0.1%
TTWO A 0.1%
MPWR F 0.09%
ANSS B 0.09%
FITB A 0.09%
GFS C 0.08%
CDW F 0.08%
WBD C 0.08%
TCOM B 0.08%
NTAP C 0.08%
SBAC D 0.08%
BIIB F 0.08%
HBAN A 0.08%
LPLA A 0.08%
TROW B 0.08%
HOOD B 0.08%
ERIE D 0.07%
ZBRA B 0.07%
FSLR F 0.07%
IBKR A 0.07%
STX D 0.07%
ZM B 0.07%
WDC D 0.07%
MDB C 0.07%
NTRS A 0.07%
STLD B 0.07%
PTC A 0.07%
EXPE B 0.07%
CINF A 0.07%
ILMN D 0.07%
HOLX D 0.06%
SSNC B 0.06%
VRSN F 0.06%
TRMB B 0.06%
ALGN D 0.06%
NTNX A 0.06%
JD D 0.06%
GEN B 0.06%
MANH D 0.06%
JBHT C 0.06%
NTRA B 0.06%
CG A 0.06%
TER D 0.06%
ARGX A 0.06%
GRAB B 0.06%
PODD C 0.06%
DKNG B 0.06%
CHKP D 0.06%
PFG D 0.06%
NDSN B 0.05%
BSY D 0.05%
SAIA B 0.05%
EWBC A 0.05%
MRNA F 0.05%
ENTG D 0.05%
INCY C 0.05%
SNY F 0.05%
SFM A 0.05%
CASY A 0.05%
LNT A 0.05%
DOCU A 0.05%
VTRS A 0.05%
MORN B 0.05%
AFRM B 0.05%
FLEX A 0.05%
ICLR D 0.05%
SOFI A 0.05%
UTHR C 0.05%
TW A 0.05%
ARM D 0.05%
ULTA F 0.05%
MKTX D 0.04%
EXEL B 0.04%
RIVN F 0.04%
SMCI F 0.04%
LECO B 0.04%
SEIC B 0.04%
TECH D 0.04%
HST C 0.04%
NWSA B 0.04%
NTES D 0.04%
DUOL A 0.04%
RPRX D 0.04%
AAON B 0.04%
TTEK F 0.04%
JKHY D 0.04%
PAA B 0.04%
PCTY B 0.04%
LBRDK C 0.04%
NBIX C 0.04%
GLPI C 0.04%
TXRH C 0.04%
RKLB B 0.04%
CHRW C 0.04%
BMRN D 0.04%
BIDU F 0.04%
LOGI D 0.04%
OKTA C 0.04%
FFIV B 0.04%
SWKS F 0.04%
MNDY C 0.04%
Z A 0.04%
CPB D 0.04%
SMMT D 0.04%
CYBR B 0.04%
AKAM D 0.04%
PPC C 0.04%
REG B 0.04%
POOL C 0.04%
EVRG A 0.04%
DLTR F 0.04%
BRKR D 0.03%
CZR F 0.03%
CVLT B 0.03%
BOKF B 0.03%
SAIC F 0.03%
HSIC B 0.03%
CSWI A 0.03%
ZION B 0.03%
COLB A 0.03%
CHRD D 0.03%
LNW D 0.03%
GLBE B 0.03%
PNFP B 0.03%
APA D 0.03%
GTLB B 0.03%
OTEX D 0.03%
FRHC B 0.03%
ENPH F 0.03%
PEGA A 0.03%
ROIV C 0.03%
MTCH D 0.03%
SIRI C 0.03%
HLNE B 0.03%
NICE C 0.03%
ROKU D 0.03%
FOX A 0.03%
AAL B 0.03%
HQY B 0.03%
PARA C 0.03%
MASI A 0.03%
ITCI C 0.03%
HAS D 0.03%
WYNN D 0.03%
MEDP D 0.03%
DOX D 0.03%
FYBR D 0.03%
LKQ D 0.03%
WING D 0.03%
CHDN B 0.03%
BGNE D 0.03%
EXAS D 0.03%
RVMD C 0.03%
FUTU D 0.03%
PCVX D 0.03%
INSM C 0.03%
MTSI B 0.03%
WWD B 0.03%
LAMR D 0.03%
FOXA B 0.03%
BNTX D 0.03%
COKE C 0.03%
CBSH A 0.03%
RGLD C 0.03%
SRPT D 0.03%
WIX B 0.03%
WTFC A 0.03%
ARLP A 0.02%
CLBT B 0.02%
SFNC B 0.02%
VERX B 0.02%
GSHD A 0.02%
OZK B 0.02%
VIRT B 0.02%
WDFC B 0.02%
VRRM D 0.02%
WBA F 0.02%
TBBK B 0.02%
GH B 0.02%
TGTX B 0.02%
FTDR A 0.02%
WSFS A 0.02%
AUR C 0.02%
CCOI B 0.02%
GLNG C 0.02%
QFIN B 0.02%
MGEE C 0.02%
FRSH C 0.02%
ALGM D 0.02%
IPAR B 0.02%
CVCO A 0.02%
SKYW B 0.02%
PI D 0.02%
CATY B 0.02%
BLKB B 0.02%
APPF B 0.02%
AEIS B 0.02%
KRYS B 0.02%
KTOS B 0.02%
DORM B 0.02%
NWS B 0.02%
LOPE B 0.02%
LI F 0.02%
ALKT B 0.02%
CHCI D 0.02%
NWL B 0.02%
COLM B 0.02%
BBIO F 0.02%
ACLX C 0.02%
CRNX C 0.02%
VICR B 0.02%
BANF B 0.02%
LANC C 0.02%
RUSHA C 0.02%
LNTH D 0.02%
ICUI D 0.02%
TFSL A 0.02%
FIVE F 0.02%
SBRA C 0.02%
AXSM B 0.02%
SHC F 0.02%
FIZZ C 0.02%
CACC D 0.02%
BPMC C 0.02%
BGC C 0.02%
CALM A 0.02%
PAYO A 0.02%
TCBI B 0.02%
ALKS B 0.02%
IEP F 0.02%
WMG C 0.02%
CRUS D 0.02%
VCTR B 0.02%
ROAD A 0.02%
PECO A 0.02%
SANM B 0.02%
DJT C 0.02%
EEFT B 0.02%
PLXS B 0.02%
IBOC A 0.02%
INTA A 0.02%
TIGO D 0.02%
LSTR D 0.02%
NUVL D 0.02%
USLM A 0.02%
IONS F 0.02%
VKTX F 0.02%
NCNO B 0.02%
PRCT B 0.02%
ITRI B 0.02%
QLYS C 0.02%
CROX D 0.02%
EXPO D 0.02%
HALO F 0.02%
ONB B 0.02%
BECN B 0.02%
STEP B 0.02%
FELE B 0.02%
CYTK F 0.02%
RMBS C 0.02%
VRNS D 0.02%
COOP B 0.02%
TENB C 0.02%
VLY B 0.02%
BPOP B 0.02%
SITM B 0.02%
CHX C 0.02%
AGNC D 0.02%
LCID F 0.02%
DBX B 0.02%
HWC B 0.02%
ALTR B 0.02%
GNTX C 0.02%
SLM A 0.02%
AMKR D 0.02%
CELH F 0.02%
ETSY D 0.02%
CWST A 0.02%
NXST C 0.02%
REYN D 0.02%
MMSI B 0.02%
HTHT D 0.02%
WFRD D 0.02%
MARA C 0.02%
ACT D 0.02%
AVAV D 0.02%
RDNT B 0.02%
UBSI B 0.02%
QXO D 0.02%
LFUS F 0.02%
WSC D 0.02%
LITE B 0.02%
OLLI D 0.02%
UPST B 0.02%
STRL B 0.02%
ACIW B 0.02%
CGNX C 0.02%
RCM F 0.02%
BCPC B 0.02%
MDGL B 0.02%
CORT B 0.02%
SIGI C 0.02%
QRVO F 0.02%
IESC B 0.02%
UMBF B 0.02%
CFLT B 0.02%
RGEN D 0.02%
EXLS B 0.02%
NOVT D 0.02%
ENSG D 0.02%
XP F 0.02%
CRVL A 0.02%
UFPI B 0.02%
MAT D 0.02%
MMYT B 0.02%
CRDO B 0.02%
TPG A 0.02%
MIDD C 0.02%
FRPT B 0.02%
OLED D 0.02%
LYFT C 0.02%
SPSC C 0.02%
LSCC D 0.02%
JAZZ B 0.02%
ASND D 0.02%
FFIN B 0.02%
MKSI C 0.02%
COLL F 0.01%
SRAD A 0.01%
BFST C 0.01%
AMWD C 0.01%
KRUS B 0.01%
ODP F 0.01%
WOOF D 0.01%
BLMN F 0.01%
PGNY F 0.01%
LQDA D 0.01%
PSNY F 0.01%
GRFS C 0.01%
JACK D 0.01%
IQ F 0.01%
CNTA B 0.01%
BCYC F 0.01%
BLBD D 0.01%
GSM D 0.01%
CNSL C 0.01%
SAVA D 0.01%
MOMO D 0.01%
EBTC B 0.01%
EMBC C 0.01%
GDEN B 0.01%
GIII D 0.01%
IMKTA C 0.01%
BVS D 0.01%
LILAK D 0.01%
TRS B 0.01%
COGT D 0.01%
MATW C 0.01%
EYE C 0.01%
BCBP A 0.01%
CLOV D 0.01%
MYGN F 0.01%
RCKT F 0.01%
SDGR C 0.01%
BMBL C 0.01%
TRNS D 0.01%
MGPI F 0.01%
ARDX F 0.01%
PYCR C 0.01%
AMRK F 0.01%
PLUG F 0.01%
ICHR C 0.01%
TTGT C 0.01%
TRDA B 0.01%
STAA F 0.01%
ASTL B 0.01%
KC A 0.01%
VRNT C 0.01%
HROW D 0.01%
NSSC D 0.01%
VITL D 0.01%
SPRY D 0.01%
AOSL C 0.01%
THRM D 0.01%
IRON B 0.01%
TLRY F 0.01%
PLAY D 0.01%
SCVL F 0.01%
OPK C 0.01%
CBRL C 0.01%
NVEE F 0.01%
AMED F 0.01%
ISTR B 0.01%
COHU C 0.01%
TH C 0.01%
IMCR D 0.01%
PLYA B 0.01%
FFIC B 0.01%
VIR D 0.01%
AVAH B 0.01%
WASH C 0.01%
GLUE C 0.01%
PDFS C 0.01%
OLPX D 0.01%
HTLD B 0.01%
IBUY A 0.01%
KURA F 0.01%
CLDX F 0.01%
ANIP F 0.01%
CEVA B 0.01%
VECO F 0.01%
FWRD D 0.01%
MLCO F 0.01%
HAFC A 0.01%
RNW D 0.01%
AVO C 0.01%
SPT C 0.01%
CMCO B 0.01%
KALU C 0.01%
FWRG C 0.01%
TXG F 0.01%
CNDT C 0.01%
VRDN D 0.01%
BCRX D 0.01%
BASE C 0.01%
FLYW C 0.01%
DOOO F 0.01%
PFC A 0.01%
SOUN C 0.01%
DAWN F 0.01%
UCTT D 0.01%
TNDM F 0.01%
SNDX F 0.01%
MRTN C 0.01%
SIMO D 0.01%
UDMY F 0.01%
WB D 0.01%
SABR C 0.01%
AHCO F 0.01%
HLIT D 0.01%
LBRDA C 0.01%
SPNS F 0.01%
INMD C 0.01%
PLAB C 0.01%
KRNT C 0.01%
RDWR B 0.01%
TVTX B 0.01%
DLO C 0.01%
XRX F 0.01%
SCSC B 0.01%
FTRE D 0.01%
NAVI C 0.01%
INFN C 0.01%
INVA D 0.01%
UNIT B 0.01%
PDCO D 0.01%
ECPG B 0.01%
HBNC B 0.01%
CRAI B 0.01%
CENTA C 0.01%
ARVN D 0.01%
MBUU C 0.01%
QNST B 0.01%
WABC B 0.01%
SAFT C 0.01%
ANDE D 0.01%
ACLS F 0.01%
IAS C 0.01%
MCRI A 0.01%
ATEX D 0.01%
WINA B 0.01%
ENVX F 0.01%
HAIN C 0.01%
IREN C 0.01%
PCT C 0.01%
TWST D 0.01%
NVCR C 0.01%
RXST F 0.01%
CRTO C 0.01%
NEO C 0.01%
AMSF B 0.01%
FA C 0.01%
PEBO A 0.01%
MSEX B 0.01%
PFBC B 0.01%
TCBK B 0.01%
ULH B 0.01%
NEXT B 0.01%
AKRO B 0.01%
AZTA D 0.01%
GDYN B 0.01%
UPBD B 0.01%
PAGP A 0.01%
AXNX C 0.01%
AUPH B 0.01%
CNXN C 0.01%
SBLK F 0.01%
DGII B 0.01%
CSGS B 0.01%
HRMY D 0.01%
MNKD C 0.01%
HTZ C 0.01%
OCFC B 0.01%
MQ F 0.01%
ERII D 0.01%
RUN F 0.01%
CHEF A 0.01%
LBPH A 0.01%
APOG B 0.01%
VC D 0.01%
MLKN D 0.01%
PTGX C 0.01%
AY B 0.01%
ATSG B 0.01%
DVAX C 0.01%
TARS B 0.01%
BUSE B 0.01%
DNUT D 0.01%
TMDX F 0.01%
VSEC C 0.01%
RRR D 0.01%
IDYA F 0.01%
TRMD F 0.01%
GTX D 0.01%
BEAM D 0.01%
GABC B 0.01%
LKFN B 0.01%
ZLAB C 0.01%
INBK B 0.01%
JANX C 0.01%
HPK B 0.01%
RIOT C 0.01%
LGIH D 0.01%
ULCC D 0.01%
GERN D 0.01%
KYMR D 0.01%
DYN F 0.01%
IOVA F 0.01%
CMPR D 0.01%
ASTH D 0.01%
DIOD D 0.01%
VMEO B 0.01%
MBIN D 0.01%
VERA B 0.01%
APPN B 0.01%
ATAT C 0.01%
NWBI B 0.01%
ROIC A 0.01%
JAMF F 0.01%
EXTR B 0.01%
ADUS D 0.01%
BILI D 0.01%
STRA C 0.01%
CAKE C 0.01%
EVCM B 0.01%
HOPE B 0.01%
SUPN C 0.01%
STBA B 0.01%
CPRX C 0.01%
XNCR B 0.01%
CNXC F 0.01%
NTCT C 0.01%
PTVE B 0.01%
GDS C 0.01%
YY C 0.01%
PLUS F 0.01%
PRDO B 0.01%
ROCK C 0.01%
RPD C 0.01%
WERN C 0.01%
IRTC D 0.01%
VBTX B 0.01%
SASR B 0.01%
CHCO B 0.01%
XPEL C 0.01%
LAUR A 0.01%
DCOM A 0.01%
LGND B 0.01%
NMRK B 0.01%
CGON F 0.01%
ALHC C 0.01%
PRVA B 0.01%
ARWR F 0.01%
WSBC A 0.01%
NNBR C 0.01%
CAR C 0.01%
ARCB C 0.01%
CLBK B 0.01%
SYBT B 0.01%
AMRX C 0.01%
OSW A 0.01%
SBCF A 0.01%
PINC B 0.01%
FLNC C 0.01%
TTMI B 0.01%
AMPH D 0.01%
FRME B 0.01%
VRNA B 0.01%
UFPT B 0.01%
WEN D 0.01%
WULF C 0.01%
CASH A 0.01%
MGNI A 0.01%
KROS D 0.01%
PSMT C 0.01%
GOGL F 0.01%
CIFR B 0.01%
IDCC A 0.01%
HURN B 0.01%
CLSK C 0.01%
VCYT B 0.01%
OPCH D 0.01%
TRUP B 0.01%
FORM D 0.01%
FIVN C 0.01%
STNE F 0.01%
EFSC B 0.01%
FBNC A 0.01%
XRAY F 0.01%
HEES B 0.01%
KLIC B 0.01%
SKWD A 0.01%
LIVN F 0.01%
TRMK B 0.01%
GT C 0.01%
NWE B 0.01%
LMAT A 0.01%
ICFI F 0.01%
MYRG B 0.01%
ALRM C 0.01%
VIAV B 0.01%
FFBC A 0.01%
APLS D 0.01%
MRUS F 0.01%
SMTC B 0.01%
TFIN A 0.01%
CENX B 0.01%
PLTK B 0.01%
MIRM B 0.01%
OSIS B 0.01%
HCP B 0.01%
GGAL C 0.01%
ASTE B 0.01%
FROG C 0.01%
JBLU F 0.01%
EWTX C 0.01%
SWTX C 0.01%
EXPI C 0.01%
NBTB B 0.01%
BRZE C 0.01%
SYNA C 0.01%
SHOO D 0.01%
VCEL B 0.01%
ERIC B 0.01%
MRCY B 0.01%
SGRY F 0.01%
BANR B 0.01%
OMCL C 0.01%
SRRK B 0.01%
MGRC B 0.01%
NPAB B 0.01%
PPBI B 0.01%
PATK D 0.01%
ACAD D 0.01%
ACHC F 0.01%
ATRC C 0.01%
INDB B 0.01%
IOSP B 0.01%
NARI C 0.01%
FOLD F 0.01%
SATS D 0.01%
PLMR B 0.01%
RBCAA B 0.01%
ZD C 0.01%
NEOG F 0.01%
PRGS A 0.01%
ZG A 0.01%
HWKN B 0.01%
TOWN B 0.01%
BL B 0.01%
LEGN F 0.01%
RNA D 0.01%
AVT C 0.01%
SLAB D 0.01%
ESGR B 0.01%
VOD F 0.01%
POWI D 0.01%
CARG C 0.01%
OTTR C 0.01%
WVE C 0.01%
IAC D 0.01%
IRDM D 0.01%
FULT A 0.01%
XENE D 0.01%
JJSF B 0.01%
PTCT B 0.01%
IBTX B 0.01%
URBN C 0.01%
NMIH D 0.01%
PENN C 0.01%
BZ F 0.01%
DRVN B 0.01%
AMBA B 0.01%
LFST C 0.01%
HUBG A 0.01%
ACVA B 0.01%
ADMA B 0.01%
RYTM C 0.01%
CVBF A 0.01%
EBC B 0.01%
DNLI D 0.01%
AGIO C 0.01%
RARE D 0.01%
HTLF B 0.01%
PCH D 0.01%
BHF B 0.01%
FIBK A 0.01%
SMPL B 0.01%
SNEX B 0.01%
WAFD B 0.01%
ASO F 0.01%
NSIT F 0.01%
FHB A 0.01%
IMVT F 0.01%
CRSP D 0.01%
PTEN C 0.01%
AGYS A 0.01%
POWL C 0.01%
ONEQ Underweight 14 Positions Relative to USMC
Symbol Grade Weight
BRK.A B -5.04%
V A -4.89%
MA C -4.78%
JPM A -4.78%
XOM B -4.63%
PG A -4.49%
UNH C -4.25%
HD A -3.23%
WMT A -3.21%
BAC A -3.03%
JNJ D -2.77%
ABBV D -2.7%
LLY F -2.32%
MRK F -2.11%
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