ONEQ vs PRF: Holdings Overlap
ONEQFidelity Nasdaq Composite Index ETF
Fidelity · 1022 holdings · $10.8B · as of 2026-05-31
Invesco · 1003 holdings · $10.0B · as of 2026-04-30
Holdings snapshots are 31 days apart (ONEQ: 2026-05-31, PRF: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are ONEQ and PRF?
Fidelity Nasdaq Composite Index ETF (ONEQ, by Fidelity) holds 1022 positions; Invesco RAFI US 1000 ETF (PRF, by Invesco) holds 1003. They have 294 holdings in common, and by portfolio weight the two funds are 34.7% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 34.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 294ONEQ holds 1022 · PRF holds 1003
- Weight in Shared Holdings
- ONEQ 85%·PRF 39%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
728 of 1022 positions (14.5% of the fund) are not held by PRF. Showing the top 30 by weight.
Sector Breakdown
| Sector | ONEQ | PRF |
|---|---|---|
| Information Technology | 53.0% | 20.1% |
| Financials | 2.8% | 16.1% |
| Communication Services | 15.2% | 10.2% |
| Consumer Discretionary | 12.5% | 8.7% |
| Health Care | 4.4% | 11.7% |
| Other Sectors | 10.0% | 33.2% |
| Unclassified | 1.6% | 0.0% |
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 PRF).
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% |
| PRF | +2.9% | +20.0% | +33.4% | +20.5% | +13.5% | +13.8% | 1.33% |
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 PRF →
Shared Holdings(294)
The top 10 shared positions account for 56% of the overlap, led by GOOGL, AAPL and AMZN.
 GOOGLAlphabet Inc. CAP STK CL A | 4.83% | 4.79% | 4.79% |
|---|---|---|---|
 AAPLApple Inc. COM | 9.98% | 4.08% | 4.08% |
 AMZNAmazon.com, Inc. COM | 6.33% | 2.32% | 2.32% |
 MSFTMicrosoft Corp. COM | 7.29% | 2.17% | 2.17% |
 METAMeta Platforms, Inc., Class A | 3.01% | 1.42% | 1.42% |
 INTCIntel Corporation COM | 1.24% | 2.62% | 1.24% |
 WMTWalmart Inc COM | 2.01% | 0.94% | 0.94% |
 MUMicron Technology Inc. COM | 2.37% | 0.90% | 0.90% |
 CSCOCisco Systems, Inc. COM | 1.03% | 0.76% | 0.76% |
 AVGOBroadcom Inc COM | 4.61% | 0.66% | 0.66% |
 NVDANVIDIA Corp. COM | 11.18% | 0.56% | 0.56% |
 AMDAdvanced Micro Devices Inc. COM | 1.83% | 0.45% | 0.45% |
 COSTCostco Wholesale Corporation COM | 0.92% | 0.45% | 0.45% |
 QCOMQUALCOMM Inc. COM | 0.58% | 0.44% | 0.44% |
 AMATApplied Materials Inc. COM | 0.77% | 0.43% | 0.43% |
 TXNTexas Instruments Inc. COM | 0.60% | 0.40% | 0.40% |
 PEPPepsico Inc COM | 0.43% | 0.40% | 0.40% |
 AMGNAmgen Inc. COM | 0.39% | 0.38% | 0.38% |
 LRCXLam Research Corporation COM NEW | 0.86% | 0.35% | 0.35% |
 GILDGilead Sciences Inc. COM | 0.36% | 0.35% | 0.35% |
 ADIAnalog Devices Inc. COM | 0.44% | 0.30% | 0.30% |
 TSLATesla Inc COM | 3.56% | 0.29% | 0.29% |
 LINLinde PLC COM EUR0.001 | 0.50% | 0.28% | 0.28% |
 WDCWestern Digital Corp. COM | 0.39% | 0.27% | 0.27% |
 HONHoneywell International Inc. COM | 0.33% | 0.27% | 0.27% |
Showing the top 250 of 294 shared holdings by overlap weight.
Frequently Asked Questions
How much do ONEQ and PRF overlap?
ONEQ and PRF overlap by 34.7% of portfolio weight. They share 294 holdings (ONEQ holds 1022 positions and PRF holds 1003), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ONEQ and PRF?
The two portfolios are 34.7% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of ONEQ and PRF?
The largest positions held by both funds are GOOGL, AAPL, AMZN, MSFT and META. Together the top 10 shared positions account for 56% of the total overlap.
What does ONEQ own that PRF doesn't?
728 positions (14.5% of ONEQ) are unique to ONEQ, led by GOOG, SHOP and ASML. In the other direction, 709 positions (61.3% of PRF) are unique to PRF.