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ONEQ vs FMAT

Fidelity Nasdaq Composite Index ETF vs Fidelity MSCI Materials Index ETF

ONEQ

Fidelity Nasdaq Composite Index ETF

Annual cost

0.21%

Fund size

$10.9B

FMAT

Fidelity MSCI Materials Index ETF

Annual cost

0.08%

Fund size

$616M

Key differences

Both ONEQ and FMAT are equity ETFs. ONEQ charges 0.21% a year and FMAT 0.08%. The main difference: FMAT costs 0.13% less per year.

  • FMAT costs 0.13% less per year.
  • ONEQ is much larger than FMAT. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, ONEQ has delivered higher annualized returns.
  • ONEQ has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ONEQFMAT
Annual cost (TER)0.21%0.08%
Fund size (AUM)$10.9B$616M
Since20032013
Dividend yield0.48%1.43%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+32.8%+22.6%
CAGR 3Y+26.4%+11.9%
CAGR 5Y+14.4%+6.0%
Sharpe 3Y1.090.52
Volatility 1Y16.86%18.44%
Max drawdown-35.23%-41.11%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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