ONEQ vs SPDW: Holdings Overlap
ONEQFidelity Nasdaq Composite Index ETF
Fidelity · 1022 holdings · $10.8B · as of 2026-05-31
SPDWState Street® SPDR® Portfolio Developed World ex-US ETF
State Street (SPDR) · 2342 holdings · $40.5B · as of 2026-08-04
Holdings snapshots are 65 days apart (ONEQ: 2026-05-31, SPDW: 2026-08-04). 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 SPDW?
Fidelity Nasdaq Composite Index ETF (ONEQ, by Fidelity) holds 1022 positions; State Street® SPDR® Portfolio Developed World ex-US ETF (SPDW, by State Street (SPDR)) holds 2342. They have 33 holdings in common, and by portfolio weight the two funds are 1.2% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 33ONEQ holds 1022 · SPDW holds 2342
- Weight in Shared Holdings
- ONEQ 1%·SPDW 2%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
989 of 1022 positions (98.2% of the fund) are not held by SPDW. Showing the top 30 by weight.
Sector Breakdown
| Sector | ONEQ | SPDW |
|---|---|---|
| Information Technology | 53.0% | 12.6% |
| Financials | 2.8% | 21.9% |
| Communication Services | 15.2% | 2.9% |
| Industrials | 3.1% | 13.2% |
| Consumer Discretionary | 12.5% | 5.3% |
| Other Sectors | 11.3% | 25.4% |
| Unclassified | 1.6% | 17.3% |
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, 18% of SPDW).
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% |
| SPDW | +3.1% | +17.9% | +30.1% | +19.9% | +10.1% | +10.3% | 2.94% |
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 SPDW →
Shared Holdings(33)
The top 10 shared positions account for 75% of the overlap, led by SHOP, ARM and FER.
 SHOPShopify, Inc., Class A | 0.32% | 0.53% | 0.32% |
|---|---|---|---|
 ARMArm Holdings PLC SPONSORED ADS | 0.11% | 0.12% | 0.11% |
 FERFerrovial N.V. | 0.11% | 0.10% | 0.10% |
 TRIThomson Reuters Corp. | 0.08% | 0.08% | 0.08% |
 CCEPCoca-Cola Europacific Partners PLC COM EUR0.01 | 0.09% | 0.07% | 0.07% |
 ESLTIL-SElbit Systems Ltd. | 0.09% | 0.06% | 0.06% |
 TSEMIL-STower Semiconductor Ltd | 0.06% | 0.07% | 0.06% |
 LOGNLogitech International S.A., Class R | 0.04% | 0.05% | 0.04% |
 NVMIIL-SNova Ltd. | 0.03% | 0.04% | 0.03% |
 ENLTEnlight Renewable Energy Ltd. | 0.04% | 0.03% | 0.03% |
 CHKPCheck Point Software Technologies Ltd. ORD | 0.03% | 0.05% | 0.03% |
 GRABGrab Holdings Ltd., Class A | 0.03% | 0.05% | 0.03% |
 RYAAYRyanair Holdings PLC, ADR | 0.03% | 0.05% | 0.03% |
 WISEWise Group PLC | 0.03% | 0.05% | 0.03% |
 BNTXBioNTech SE, ADR | 0.03% | 0.02% | 0.02% |
 FUTUFutu Holdings Ltd | 0.02% | 0.02% | 0.02% |
 DSGXDescartes Systems Group, Inc. (The) | 0.02% | 0.02% | 0.02% |
 FSVFirstService Corp. | 0.02% | 0.02% | 0.02% |
 SSRMSSR Mining Inc COM | 0.02% | 0.01% | 0.01% |
 OTEXOpen Text Corp COM NPV | 0.01% | 0.02% | 0.01% |
 MEOHMethanex Corp | 0.01% | 0.01% | 0.01% |
 XENEXenon Pharmaceuticals Inc COM | 0.01% | 0.02% | 0.01% |
 GLNGGolar LNG Limited COM STK USD1.00 | 0.01% | 0.03% | 0.01% |
 ABCLAbCellera Biologics, Inc. | 0.01% | 0.01% | 0.01% |
 WIXWix.com Ltd | 0.01% | 0.02% | 0.01% |
Frequently Asked Questions
How much do ONEQ and SPDW overlap?
ONEQ and SPDW overlap by 1.2% of portfolio weight. They share 33 holdings (ONEQ holds 1022 positions and SPDW holds 2342), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ONEQ and SPDW?
The two portfolios are 1.2% 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 SPDW?
The largest positions held by both funds are SHOP, ARM, FER, TRI and CCEP. Together the top 10 shared positions account for 75% of the total overlap.
What does ONEQ own that SPDW doesn't?
989 positions (98.2% of ONEQ) are unique to ONEQ, led by NVDA, AAPL and MSFT. In the other direction, 2309 positions (97.0% of SPDW) are unique to SPDW.