ONEQ vs PAVE: Holdings Overlap
ONEQFidelity Nasdaq Composite Index ETF
Fidelity · 1022 holdings · $10.8B · as of 2026-05-31
PAVEGlobal X U.S. Infrastructure Development ETF
Global X · 100 holdings · $14.1B · as of 2026-05-31
How similar are ONEQ and PAVE?
Fidelity Nasdaq Composite Index ETF (ONEQ, by Fidelity) holds 1022 positions; Global X U.S. Infrastructure Development ETF (PAVE, by Global X) holds 100. They have 17 holdings in common, and by portfolio weight the two funds are 0.7% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 17ONEQ holds 1022 · PAVE holds 100
- Weight in Shared Holdings
- ONEQ 1%·PAVE 16%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in ONEQ
1005 of 1022 positions (98.8% of the fund) are not held by PAVE. Showing the top 30 by weight.
Only in PAVE
83 of 100 positions (83.8% of the fund) are not held by ONEQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | ONEQ | PAVE |
|---|---|---|
| Industrials | 3.1% | 75.1% |
| Information Technology | 53.0% | 1.1% |
| Materials | 0.8% | 20.3% |
| Communication Services | 15.2% | 0.0% |
| Consumer Discretionary | 12.5% | 0.0% |
| Other Sectors | 13.2% | 3.1% |
| Unclassified | 1.6% | 0.3% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (2% of ONEQ, 0% of PAVE).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| ONEQ | +3.3% | +15.4% | +26.6% | +25.1% | +13.6% | +18.8% | 0.51% |
| PAVE | +4.0% | +23.0% | +29.9% | +22.7% | +18.1% | — | 0.73% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in ONEQ vs PAVE →
Shared Holdings(17)
The top 10 shared positions account for 88% of the overlap, led by CSX, FAST and STLD.
 CSXCSX Corporation COM | 0.18% | 3.48% | 0.18% |
|---|---|---|---|
 FASTFastenal Co. COM | 0.11% | 2.71% | 0.11% |
 STLDSteel Dynamics, Inc. COM | 0.08% | 2.06% | 0.08% |
 STRLSterling Infrastructure Inc COM | 0.06% | 1.43% | 0.06% |
 WWDWoodward Inc. COM | 0.04% | 1.14% | 0.04% |
 LECOLincoln Electric Holdings Inc. COM | 0.03% | 0.77% | 0.03% |
 TRMBTrimble Inc COM | 0.03% | 0.72% | 0.03% |
 POWLPowell Industries Inc. COM | 0.02% | 0.56% | 0.02% |
 MYRGMYR Group, Inc. | 0.02% | 0.51% | 0.02% |
 TTEKTetra Tech Inc COM | 0.02% | 0.39% | 0.02% |
 LGNLegence Corp., Class A | 0.02% | 0.47% | 0.02% |
 CENXCentury Aluminum Company COM | 0.01% | 0.38% | 0.01% |
 ROADConstruction Partners, Inc., Class A | 0.01% | 0.30% | 0.01% |
 USLMUnited States Lime & Minerals Inc. COM | 0.01% | 0.24% | 0.01% |
 EXPOExponent Inc COM | 0.01% | 0.21% | 0.01% |
 PLPCPreformed Line Products Co. COM | 0.01% | 0.41% | 0.01% |
 DXPEDXP Enterprises Inc. COM NEW | 0.01% | 0.30% | 0.01% |
Frequently Asked Questions
How much do ONEQ and PAVE overlap?
ONEQ and PAVE overlap by 0.7% of portfolio weight. They share 17 holdings (ONEQ holds 1022 positions and PAVE holds 100), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ONEQ and PAVE?
The two portfolios are 0.7% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of ONEQ and PAVE?
The largest positions held by both funds are CSX, FAST, STLD, STRL and WWD. Together the top 10 shared positions account for 88% of the total overlap.
What does ONEQ own that PAVE doesn't?
1005 positions (98.8% of ONEQ) are unique to ONEQ, led by NVDA, AAPL and MSFT. In the other direction, 83 positions (83.8% of PAVE) are unique to PAVE.