ONEQ vs VTI
Fidelity Nasdaq Composite Index ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, ONEQ or VTI?
Large Cap Growth against Large Cap Blend.
VTI has a lower expense ratio. ONEQ led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.94.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ONEQ | VTI |
|---|---|---|
| Expense Ratio | 0.21% | 0.03%Best |
| AUM | $10.4B | $666.9B |
| Dividend Yield | 0.60% | 1.03% |
| Holdings | 1,034 | 3,543 |
| YTD Return | +13.90%Best | +12.57% |
| 1Y Return | +20.21%Best | +17.22% |
| 3Y Return (annualized) | +24.95%Best | +20.87% |
| 5Y Return (annualized) | +12.86%Best | +11.86% |
| Volatility (annualized) | 17.9% | 15.0%Best |
| Max Drawdown | -55.5%Best | -56.6% |
| $10,000 over 5 years | $18,311Best | $17,514 |
| Fund Family | Fidelity Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Sep 25, 2003 | May 24, 2001 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 1, 2003 to Sep 11, 2026 (22.9 years).
ONEQ vs VTI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 22.9 years both funds cover.
ONEQ vs VTI Performance
Fidelity Nasdaq Composite Index ETF (ONEQ) is an ETF from Fidelity Investments (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year ONEQ returned +20.21% while VTI returned +17.22%. Year to date, ONEQ is up 13.90% versus a gain of 12.57% for VTI.
Over three years, ONEQ compounded at +24.95% per year against +20.87% for VTI; over five years the annualized figures are +12.86% and +11.86% respectively. Across the full 23-year window we track, ONEQ has the edge at +12.44% annualized vs +9.68%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ONEQ has been the more volatile fund, with annualized monthly volatility of 17.9% compared with 15.0% for VTI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -55.5% for ONEQ and -56.6% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
ONEQ charges 0.21% per year while VTI charges 0.03%. On a $10,000 position that is $21 vs $3 annually, a gap of $18 per year that compounds over a long holding period. On income, ONEQ currently yields 0.60% against 1.03% for VTI.
Holdings Overlap
At least 89.5% of ONEQ's money is in holdings VTI also owns.
Stated as a floor: for VTI, our book for it covers 90.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
Most of ONEQ is already inside VTI. Owning both mostly buys the same companies twice.
478 positions in common, counted across the 733 positions we hold weights for in ONEQ and 2,787 in VTI, against full books of 1,034 and 3,543.
Top Shared Holdings
| Stock | Weight in ONEQ | Weight in VTI | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 10.62% | 6.32% | 4.30% |
| AAPLApple, Inc | 9.32% | 5.84% | 3.48% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 6.08% | 3.81% | 2.27% |
| AMZNAmazon.Com Inc | 5.62% | 3.17% | 2.45% |
| GOOGLAlphabet A Usd 0.001 | 4.56% | 2.88% | 1.68% |
| GOOGAlphabet Inc | 4.23% | 2.27% | 1.96% |
| AVGOBroadcom Inc | 3.92% | 2.46% | 1.46% |
| TSLATesla Inc | 3.46% | 1.63% | 1.83% |
| MUMicron Technology, Inc. | 2.86% | 1.79% | 1.07% |
| AMDAdvanced Micro Devices Inc. | 2.08% | 1.30% | 0.78% |
89.5% of ONEQ is already inside VTI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ONEQ or VTI?
ONEQ has an expense ratio of 0.21% while VTI charges 0.03%. VTI is the cheaper option, by $18 a year on a $10,000 investment.
Which performed better, ONEQ or VTI?
Over the past year ONEQ returned +20.21% vs +17.22% for VTI, so ONEQ leads on 1-year performance. Over the longest common window we track (23 years), ONEQ annualized +12.44% vs +9.68% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ONEQ or VTI?
ONEQ has been the more volatile fund at 17.9% annualized versus 15.0% for VTI. Worst drawdown: ONEQ -55.5% vs VTI -56.6%.
Should I hold both ONEQ and VTI?
ONEQ and VTI have a monthly-return correlation of 0.94, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between ONEQ and VTI?
At least 89.5% of ONEQ's money is in holdings VTI also owns. Our book for VTI is partial, so the real figure is this or higher. They hold 478 positions in common, counted across the 733 positions we hold weights for in ONEQ and 2,787 in VTI.
Which pays a higher dividend, ONEQ or VTI?
ONEQ yields 0.60% while VTI yields 1.03%, so VTI currently pays the higher dividend yield.
Is VTI better than ONEQ?
VTI has a lower expense ratio. ONEQ led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.94. Which one suits a particular account depends on what it is for. This is information, not a recommendation.