ONEQ is a Factor & Specialty ETF from Fidelity holding 1022 positions as of May 31, 2026, with $10.8B in assets and a 0.21% net expense ratio. Its largest positions are NVDA (11.2%), AAPL (10.0%) and MSFT (7.3%); the top 10 holdings account for 57.6% of the portfolio. By sector it leans Information Technology (53.0%) and Communication Services (15.2%). It yields 0.51% on a trailing-12-month basis.
- Issuer
- Fidelity
- Holdings
- 10223.1% cash, collateral & derivative positions excluded
- Net Assets
- $10.8BETF assets as of 2026-08-10
- Expense Ratio
- 0.21%per latest SEC prospectus filing
- TTM Yield
- 0.51%trailing 12-month distributions
Performance
- 1M
- +3.3%
- YTD
- +15.4%
- 1Y
- +26.6%
- 3Y (ann.)
- +25.1%
- 5Y (ann.)
- +13.6%
- 10Y (ann.)
- +18.8%
A $10,000 investment 10 years ago would be worth $56,139 today at the 10Y annualized rate. This is a backward-looking illustration, not a forecast. Project its future growth →
Total returns including dividends as of 2026-08-07. 3Y/5Y/10Y annualized. Past performance does not predict future results.
Sector Breakdown
| Information Technology | 53.0% |
|---|---|
| Communication Services | 15.2% |
| Consumer Discretionary | 12.5% |
| Consumer Staples | 4.4% |
| Health Care | 4.4% |
| Other Sectors | 8.4% |
| Unclassified | 1.6% |
Top 25 Holdings
| # | Holding | Weight |
|---|---|---|
| 1 |  NVDANVIDIA Corp. COM | 11.18% |
| 2 |  AAPLApple Inc. COM | 9.98% |
| 3 |  MSFTMicrosoft Corp. COM | 7.29% |
| 4 |  AMZNAmazon.com, Inc. COM | 6.33% |
| 5 |  GOOGLAlphabet Inc. CAP STK CL A | 4.83% |
| 6 |  AVGOBroadcom Inc COM | 4.61% |
| 7 |  GOOGAlphabet Inc. CAP STK CL C | 4.46% |
| 8 |  TSLATesla Inc COM | 3.56% |
| 9 |  METAMeta Platforms, Inc., Class A | 3.01% |
| 10 |  MUMicron Technology Inc. COM | 2.37% |
| 11 |  WMTWalmart Inc COM | 2.01% |
| 12 |  AMDAdvanced Micro Devices Inc. COM | 1.83% |
| 13 |  INTCIntel Corporation COM | 1.24% |
| 14 |  CSCOCisco Systems, Inc. COM | 1.03% |
| 15 |  COSTCostco Wholesale Corporation COM | 0.92% |
| 16 |  LRCXLam Research Corporation COM NEW | 0.86% |
| 17 |  NFLXNetflix, Inc. COM | 0.79% |
| 18 |  PLTRPalantir Technologies, Inc., Class A | 0.78% |
| 19 |  AMATApplied Materials Inc. COM | 0.77% |
| 20 |  TXNTexas Instruments Inc. COM | 0.60% |
| 21 |  QCOMQUALCOMM Inc. COM | 0.58% |
| 22 |  KLACKLA Corp. COM NEW | 0.55% |
| 23 |  SNDKSandisk Corporation COM | 0.54% |
| 24 |  LINLinde PLC COM EUR0.001 | 0.50% |
| 25 |  PANWPalo Alto Networks Inc COM | 0.50% |
Showing the top 25 of 1022 holdings. See the full ONEQ holdings list →
ONEQ alternatives
The closest Factor & Specialty ETFs to ONEQ by portfolio overlap — the share of weight both funds hold in the same securities.
| Fund | Overlap | Expense | Assets | |
|---|---|---|---|---|
 ESGVVanguard Esg U.S. Stock ETF | 65% | 0.09%cheaper | $13.1B | Compare → |
 IGMiShares Expanded Tech Sector ETF | 61% | 0.39%pricier | $10.7B | Compare → |
 PBUSInvesco MSCI USA ETF | 58% | 0.04%cheaper | $11.4B | Compare → |
 ESGUiShares ESG Aware MSCI USA ETF | 55% | 0.15%cheaper | $18.3B | Compare → |
 DYNFiShares U.S. Equity Factor Rotation Active ETF | 51% | 0.26%pricier | $38.6B | Compare → |
 DSIiShares ESG MSCI KLD 400 ETF | 48% | 0.25%pricier | $5.5B | Compare → |
 OMFLInvesco Russell 1000 Dynamic Multifactor ETF | 44% | 0.29%pricier | $4.8B | Compare → |
 USMCPrincipal U.S. Mega-Cap ETF | 44% | 0.12%cheaper | $3.6B | Compare → |
Frequently Asked Questions
What is ONEQ's expense ratio?
ONEQ has a net expense ratio of 0.21%, per its latest SEC prospectus filing. That works out to about $21 a year on a $10,000 investment.
How many holdings does ONEQ have?
ONEQ held 1022 positions as of May 31, 2026, per its latest official holdings data. Cash, collateral and derivative positions (3.1% of portfolio weight) are excluded from that count.
What are ONEQ's top 10 holdings?
ONEQ's largest positions are NVDA (11.2%), AAPL (10.0%), MSFT (7.3%), AMZN (6.3%), GOOGL (4.8%), AVGO (4.6%), GOOG (4.5%), TSLA (3.6%), META (3.0%), MU (2.4%). Together they account for 57.6% of the portfolio.
What is ONEQ's dividend yield?
ONEQ yields 0.51% based on its trailing 12-month distributions, as of Aug 7, 2026.
How big is ONEQ?
ONEQ has $10.8B in assets as of Aug 10, 2026.
What are good alternatives to ONEQ?
By portfolio overlap, the closest Factor & Specialty ETFs to ONEQ are ESGV (65% overlap), IGM (61% overlap), PBUS (58% overlap). Overlap measures the share of portfolio weight both funds hold in the same securities.