ONEQ vs SCHA: Holdings Overlap
ONEQFidelity Nasdaq Composite Index ETF
Fidelity · 1022 holdings · $10.8B · as of 2026-05-31
Schwab · 1705 holdings · $23.3B · as of 2026-05-31
How similar are ONEQ and SCHA?
Fidelity Nasdaq Composite Index ETF (ONEQ, by Fidelity) holds 1022 positions; Schwab U.S. Small-Cap ETF (SCHA, by Schwab) holds 1705. They have 563 holdings in common, and by portfolio weight the two funds are 6.5% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 6.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 563ONEQ holds 1022 · SCHA holds 1705
- Weight in Shared Holdings
- ONEQ 6%·SCHA 47%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
459 of 1022 positions (93.0% of the fund) are not held by SCHA. Showing the top 30 by weight.
Sector Breakdown
| Sector | ONEQ | SCHA |
|---|---|---|
| Information Technology | 53.0% | 22.1% |
| Industrials | 3.1% | 17.7% |
| Communication Services | 15.2% | 2.9% |
| Financials | 2.8% | 15.1% |
| Health Care | 4.4% | 13.4% |
| Other Sectors | 19.4% | 27.7% |
| Unclassified | 1.6% | 0.8% |
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, 1% of SCHA).
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% |
| SCHA | +1.0% | +22.8% | +36.7% | +17.1% | +7.9% | +10.8% | 1.02% |
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 SCHA →
Shared Holdings(563)
The top 10 shared positions account for 17% of the overlap, led by SNDK, LITE and RVMD.
 SNDKSandisk Corporation COM | 0.54% | 5.28% | 0.54% |
|---|---|---|---|
 LITELumentum Holdings Inc. COM | 0.13% | 1.29% | 0.13% |
 RVMDRevolution Medicines Inc COM | 0.07% | 0.65% | 0.07% |
 STRLSterling Infrastructure Inc COM | 0.06% | 0.56% | 0.06% |
 MTSIMACOM Technology Solutions Holdings Inc. COM | 0.06% | 0.50% | 0.06% |
 NXTNextpower Inc. CLASS A COM | 0.05% | 0.49% | 0.05% |
 ECHOEchoStar Corp., Class A | 0.04% | 0.37% | 0.04% |
 MKSIMKS Inc. COM | 0.04% | 0.46% | 0.04% |
 TTMITTM Technologies Inc COM | 0.04% | 0.38% | 0.04% |
 AMKRAmkor Technology, Inc. COM | 0.04% | 0.17% | 0.04% |
 SITMSitime Corporation COM | 0.04% | 0.33% | 0.04% |
 GHGuardant Health Inc COM | 0.04% | 0.35% | 0.04% |
 SANMSanmina Corporation | 0.04% | 0.30% | 0.04% |
 HUTHut 8 Corp. COM | 0.03% | 0.25% | 0.03% |
 IESCIES Holdings Inc. COM | 0.03% | 0.13% | 0.03% |
 RMBSRambus Inc. COM | 0.03% | 0.33% | 0.03% |
 APLDApplied Digital Corp COM NEW | 0.03% | 0.25% | 0.03% |
 SOLSSolstice Advanced Materials Inc. COM SHS | 0.03% | 0.28% | 0.03% |
 SMTCSemtech Corporation COM | 0.03% | 0.30% | 0.03% |
 AURAurora Innovation Inc CLASS A COM | 0.03% | 0.19% | 0.03% |
 BBIOBridgebio Pharma Inc COM | 0.03% | 0.24% | 0.03% |
 AAONAaon Inc COM PAR $0.004 | 0.03% | 0.20% | 0.03% |
 AXSMAxsome Therapeutics Inc. COM | 0.03% | 0.21% | 0.03% |
 LFUSLittelfuse Inc. COM | 0.03% | 0.25% | 0.03% |
 IONSIonis Pharmaceuticals, Inc. COM | 0.03% | 0.26% | 0.03% |
Showing the top 250 of 563 shared holdings by overlap weight.
Frequently Asked Questions
How much do ONEQ and SCHA overlap?
ONEQ and SCHA overlap by 6.5% of portfolio weight. They share 563 holdings (ONEQ holds 1022 positions and SCHA holds 1705), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ONEQ and SCHA?
The two portfolios are 6.5% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of ONEQ and SCHA?
The largest positions held by both funds are SNDK, LITE, RVMD, STRL and MTSI. Together the top 10 shared positions account for 17% of the total overlap.
What does ONEQ own that SCHA doesn't?
459 positions (93.0% of ONEQ) are unique to ONEQ, led by NVDA, AAPL and MSFT. In the other direction, 1142 positions (52.5% of SCHA) are unique to SCHA.