ONEQ vs SCHM: Holdings Overlap
ONEQFidelity Nasdaq Composite Index ETF
Fidelity · 1022 holdings · $10.8B · as of 2026-05-31
Schwab · 496 holdings · $15.1B · as of 2026-05-31
How similar are ONEQ and SCHM?
Fidelity Nasdaq Composite Index ETF (ONEQ, by Fidelity) holds 1022 positions; Schwab U.S. Mid-Cap ETF (SCHM, by Schwab) holds 496. They have 169 holdings in common, and by portfolio weight the two funds are 4.9% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 169ONEQ holds 1022 · SCHM holds 496
- Weight in Shared Holdings
- ONEQ 5%·SCHM 38%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
853 of 1022 positions (94.6% of the fund) are not held by SCHM. Showing the top 30 by weight.
Sector Breakdown
| Sector | ONEQ | SCHM |
|---|---|---|
| Information Technology | 53.0% | 20.2% |
| Industrials | 3.1% | 22.5% |
| Communication Services | 15.2% | 3.0% |
| Consumer Discretionary | 12.5% | 9.5% |
| Financials | 2.8% | 11.7% |
| Other Sectors | 11.3% | 32.8% |
| Unclassified | 1.6% | 0.2% |
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 SCHM).
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% |
| SCHM | +1.6% | +20.7% | +28.9% | +15.8% | +8.2% | +11.2% | 1.22% |
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 SCHM →
Shared Holdings(169)
The top 10 shared positions account for 26% of the overlap, led by SNDK, LITE and FLEX.
 SNDKSandisk Corporation COM | 0.54% | 4.64% | 0.54% |
|---|---|---|---|
 LITELumentum Holdings Inc. COM | 0.13% | 1.13% | 0.13% |
 FLEXFlex Ltd. COM USD0.01 | 0.12% | 1.03% | 0.12% |
 STLDSteel Dynamics, Inc. COM | 0.08% | 0.66% | 0.08% |
 ASTSAST SpaceMobile, Inc., Class A | 0.07% | 0.52% | 0.07% |
 RVMDRevolution Medicines Inc COM | 0.07% | 0.57% | 0.07% |
 CASYCasey'S General Stores Inc. COM | 0.06% | 0.53% | 0.06% |
 STRLSterling Infrastructure Inc COM | 0.06% | 0.49% | 0.06% |
 MTSIMACOM Technology Solutions Holdings Inc. COM | 0.06% | 0.44% | 0.06% |
 FTAIFTAI Aviation Ltd COM USD0.01 | 0.06% | 0.50% | 0.06% |
 JBHTJ. B. Hunt Transport Services, Inc. COM | 0.05% | 0.38% | 0.05% |
 NXTNextpower Inc. CLASS A COM | 0.05% | 0.43% | 0.05% |
 UTHRUnited Therapeutics Corporation COM | 0.05% | 0.44% | 0.05% |
 RPRXRoyalty Pharma PLC COM USD0.0001 CLASS A | 0.05% | 0.39% | 0.05% |
 AKAMAkamai Technologies, Inc. COM | 0.05% | 0.40% | 0.05% |
 ENTGEntegris Inc COM | 0.05% | 0.39% | 0.05% |
 ROIVRoivant Sciences Ltd SHS | 0.05% | 0.25% | 0.05% |
 FFIVF5 Inc COM | 0.04% | 0.40% | 0.04% |
 OKTAOkta Inc. Class A | 0.04% | 0.39% | 0.04% |
 RIVNRivian Automotive, Inc., Class A | 0.04% | 0.25% | 0.04% |
 MKSIMKS Inc. COM | 0.04% | 0.40% | 0.04% |
 CHRWC.H. Robinson Worldwide Inc COM NEW | 0.04% | 0.39% | 0.04% |
 WWDWoodward Inc. COM | 0.04% | 0.39% | 0.04% |
 LSCCLattice Semiconductor Corporation COM | 0.04% | 0.37% | 0.04% |
 RGLDRoyal Gold, Inc. COM | 0.04% | 0.34% | 0.04% |
Frequently Asked Questions
How much do ONEQ and SCHM overlap?
ONEQ and SCHM overlap by 4.9% of portfolio weight. They share 169 holdings (ONEQ holds 1022 positions and SCHM holds 496), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ONEQ and SCHM?
The two portfolios are 4.9% 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 SCHM?
The largest positions held by both funds are SNDK, LITE, FLEX, STLD and ASTS. Together the top 10 shared positions account for 26% of the total overlap.
What does ONEQ own that SCHM doesn't?
853 positions (94.6% of ONEQ) are unique to ONEQ, led by NVDA, AAPL and MSFT. In the other direction, 327 positions (62.3% of SCHM) are unique to SCHM.