ONEQ vs VXUS
Fidelity Nasdaq Composite Index ETF vs Vanguard Total International Stock ETF
Which is better, ONEQ or VXUS?
Large Cap Growth against Large Cap Blend.
VXUS has a lower expense ratio. ONEQ led over 3Y, 5Y and the full window, VXUS over 1Y.
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 | VXUS |
|---|---|---|
| Expense Ratio | 0.21% | 0.05%Best |
| AUM | $10.4B | $158.1B |
| Dividend Yield | 0.60% | 2.51% |
| Holdings | 1,034 | 8,747 |
| YTD Return | +14.60%Best | +12.82% |
| 1Y Return | +18.64% | +19.86%Best |
| 3Y Return (annualized) | +25.44%Best | +19.33% |
| 5Y Return (annualized) | +13.58%Best | +9.46% |
| Volatility (annualized) | 17.3% | 15.0%Best |
| Max Drawdown | -35.2%Best | -39.9% |
| $10,000 over 5 years | $18,902Best | $15,714 |
| Fund Family | Fidelity Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Sep 25, 2003 | Jan 26, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jan 28, 2011 to Sep 18, 2026 (15.6 years).
ONEQ vs VXUS 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 15.6 years both funds cover.
ONEQ vs VXUS Performance
Fidelity Nasdaq Composite Index ETF (ONEQ) is an ETF from Fidelity Investments (US) and Vanguard Total International Stock ETF (VXUS) is an ETF from Vanguard (US). Over the past year ONEQ returned +18.64% while VXUS returned +19.86%. Year to date, ONEQ is up 14.60% versus a gain of 12.82% for VXUS.
Over three years, ONEQ compounded at +25.44% per year against +19.33% for VXUS; over five years the annualized figures are +13.58% and +9.46% respectively. Across the full 16-year window we track, ONEQ has the edge at +16.04% annualized vs +4.72%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ONEQ has been the more volatile fund, with annualized monthly volatility of 17.3% compared with 15.0% for VXUS. 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 -35.2% for ONEQ and -39.9% for VXUS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ONEQ charges 0.21% per year while VXUS charges 0.05%. On a $10,000 position that is $21 vs $5 annually, a gap of $16 per year that compounds over a long holding period. On income, ONEQ currently yields 0.60% against 2.51% for VXUS.
Holdings Overlap
At least 1.5% of ONEQ's money is in holdings VXUS also owns.
Stated as a floor: for VXUS, our book for it covers 88.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
ONEQ and VXUS share little of their money.
41 positions in common, counted across the 780 positions we hold weights for in ONEQ and 8,082 in VXUS, against full books of 1,034 and 8,747.
Top Shared Holdings
| Stock | Weight in ONEQ | Weight in VXUS | Difference |
|---|---|---|---|
| SHOP:CAShopify Inc | 0.41% | 0.32% | 0.09% |
| PDD:IEPdd Holdings Inc. | 0.13% | 0.15% | 0.02% |
| ARGX:ASArgenx Se Sponsored Adr (1 Ads : 1 Ordinary) | 0.06% | 0.12% | 0.06% |
| CCEP:LNCoca-Cola Europacific Partne | 0.11% | 0.05% | 0.06% |
| FER:ASFerrovial Se | 0.09% | 0.07% | 0.02% |
| TRI:CAThomson Reuters Corp. | 0.10% | 0.03% | 0.07% |
| ESLT:ILElbit Systems Ltd. | 0.07% | 0.05% | 0.02% |
| HBANHuntington Bancshares Inc./Oh | 0.07% | 0.05% | 0.02% |
| JDJd.com Inc | 0.03% | 0.09% | 0.06% |
| TSEM:ILTower Semiconductor Ltd Ordinary Shares | 0.05% | 0.06% | 0.01% |
You are not choosing between two funds in isolation.
Whichever of ONEQ and VXUS you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ONEQ or VXUS?
ONEQ has an expense ratio of 0.21% while VXUS charges 0.05%. VXUS is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, ONEQ or VXUS?
Over the past year ONEQ returned +18.64% vs +19.86% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (16 years), ONEQ annualized +16.04% vs +4.72% for VXUS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ONEQ or VXUS?
ONEQ has been the more volatile fund at 17.3% annualized versus 15.0% for VXUS. Worst drawdown: ONEQ -35.2% vs VXUS -39.9%.
Should I hold both ONEQ and VXUS?
ONEQ and VXUS have a monthly-return correlation of 0.76, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ONEQ and VXUS?
At least 1.5% of ONEQ's money is in holdings VXUS also owns. Our book for VXUS is partial, so the real figure is this or higher. They hold 41 positions in common, counted across the 780 positions we hold weights for in ONEQ and 8,082 in VXUS.
Which pays a higher dividend, ONEQ or VXUS?
ONEQ yields 0.60% while VXUS yields 2.51%, so VXUS currently pays the higher dividend yield.
Is VXUS better than ONEQ?
VXUS has a lower expense ratio. ONEQ led over 3Y, 5Y and the full window, VXUS over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.