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The Fidelity Nasdaq Composite Index ETF (ONEQ) was launched on September 25, 2003, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Growth segment of the US equity market.

There's been a lot of upbeat change in the Nasdaq since the last time Kevin Davitt (@nasdaq) appeared on our network in March. He examines the index's outperformance over recent years and how it compares to historical trends.

Most investors seeking Nasdaq exposure reach for QQQ without hesitation. It's the most traded ETF in the world, liquid, and synonymous with tech growth.

Fidelity Nasdaq Composite Index ETF (NASDAQ:ONEQ) is down 10% year-to-date through late March 2026, and the fund's heaviest positions are pulling in the same direction.

FELG and VUG are both down significantly this year, but one of them uses a quantitative model that can shift away from the names dragging it lower.

If you're interested in broad exposure to the Large Cap Growth segment of the US equity market, look no further than the Fidelity Nasdaq Composite Index ETF (ONEQ), a passively managed exchange traded fund launched on September 25, 2003.
