Fidelity Nasdaq Composite Etf Profile
| ONEQ Etf | USD 75.23 0.40 0.53% |
Performance9 of 100
| Odds Of DistressLess than 9
|
Fidelity Nasdaq is selling at 75.23 as of the 28th of November 2024; that is 0.53 percent decrease since the beginning of the trading day. The etf's last reported lowest price was 74.65. Fidelity Nasdaq has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Note, on August 20, 2024, Representative C Scott Franklin of US Congress acquired $15k to $50k worth of Fidelity Nasdaq Composite's common stock.
The fund normally invests at least 80 percent of assets in common stocks included in the index. Nasdaq Composite is traded on NASDAQ Exchange in the United States. More on Fidelity Nasdaq Composite
Moving together with Fidelity Etf
Fidelity Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Broad Equity ETFs, Size And Style ETFs, Large Growth, Fidelity Investments (View all Sectors) |
| Issuer | Fidelity |
| Inception Date | 2003-10-01 |
| Benchmark | Nasdaq Composite Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 7.36 Billion |
| Average Trading Valume | 290,745 |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Size and Style |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Fidelity Management & Research Company LLC |
| Advisor | Fidelity Management & Research Company LLC |
| Custodian | State Street Bank and Trust Company |
| Distributor | Fidelity Distributors Company LLC |
| Portfolio Manager | Deane Gyllenhaal, Louis Bottari, Peter Matthew, Robert Regan, Payal Gupta |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Nov |
| Exchange | NASDAQ |
| Number of Constituents | 1,042 |
| Market Maker | Virtu Financial |
| Total Expense | 0.21 |
| Management Fee | 0.21 |
| Country Name | USA |
| Returns Y T D | 28.29 |
| Name | Fidelity Nasdaq Composite Index ETF |
| Currency Code | USD |
| Open Figi | BBG000BS1BC6 |
| In Threey Volatility | 21.37 |
| 1y Volatility | 14.53 |
| 200 Day M A | 67.9758 |
| 50 Day M A | 72.7556 |
| Code | ONEQ |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
Fidelity Nasdaq Composite [ONEQ] is traded in USA and was established 2003-09-25. The fund is listed under Large Growth category and is part of Fidelity Investments family. The entity is thematically classified as Broad Equity ETFs. Fidelity Nasdaq Composite now have 3.56 B in assets. , while the total return for the last 3 years was 8.6%.
Check Fidelity Nasdaq Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Fidelity Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Fidelity Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Fidelity Nasdaq Composite Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Fidelity Nasdaq Composite Currency Exposure
Fidelity Nasdaq Composite holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Fidelity Nasdaq will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Fidelity Nasdaq Composite.
Top Fidelity Nasdaq Composite Etf Constituents
| AAPL | Apple Inc | Stock | Information Technology | |
| ADBE | Adobe Systems Incorporated | Stock | Information Technology | |
| AMGN | Amgen Inc | Stock | Health Care | |
| AMZN | Amazon Inc | Stock | Consumer Discretionary | |
| CMCSA | Comcast Corp | Stock | Communication Services | |
| CSCO | Cisco Systems | Stock | Information Technology | |
| GOOG | Alphabet Inc Class C | Stock | Communication Services | |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services |
Fidelity Nasdaq Composite Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fidelity Nasdaq. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0915 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0) |
Fidelity Nasdaq Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Fidelity Nasdaq Composite. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Fidelity Nasdaq Composite is measured differently than its book value, which is the value of Fidelity that is recorded on the company's balance sheet. Investors also form their own opinion of Fidelity Nasdaq's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Nasdaq's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fidelity Nasdaq's market value can be influenced by many factors that don't directly affect Fidelity Nasdaq's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fidelity Nasdaq's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Nasdaq is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Nasdaq's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.