ONEQ:NASDAQFidelity Nasdaq Composite Index ETF analysis
Data as of Oct 12, 2026 - not real-time
- Latest price
- $107.81
- Risk: low
- 3/10Low risk
Summary
Fidelity Nasdaq Composite Index ETF is priced at $107.81 and its moving averages line up in bullish order, the shorter sitting above the longer. Over a rolling month the price has gained 3.1%. Relative strength is 60.2 — approaching overbought — and the MACD signal is bullish. Price has been bracketed by support at $101.75 and resistance at $109.24.
The 0.21% expense ratio is competitive for its category, and the fund manages $10.94B in assets.
The composite risk read is 3/10, putting it in low territory. With 30-day volatility of 13.5%, a beta of 1.37 and a maximum drawdown of 13.1%, the drawdown profile is forgiving relative to most of the market. The wider market backdrop reads extreme greed at 95 on the fear-greed composite.
The horizons diverge: buy near-term but hold on a long view, at 4/10 conviction over the longer horizon.
The 0.21% expense ratio is competitive for its category, and the fund manages $10.94B in assets.
The composite risk read is 3/10, putting it in low territory. With 30-day volatility of 13.5%, a beta of 1.37 and a maximum drawdown of 13.1%, the drawdown profile is forgiving relative to most of the market. The wider market backdrop reads extreme greed at 95 on the fear-greed composite.
The horizons diverge: buy near-term but hold on a long view, at 4/10 conviction over the longer horizon.
Top market events
- Seeking Alpha18dONEQ: The Downside Requires A Perfect Storm Despite QQQ-Like RisksFidelity Nasdaq Composite Index ETF...
- ONEQ hits a 52-week high as AI optimism and falling oil prices fuel Nasdaq gains.
Market outlook
Short term
< 1 yearPositive
Model confidence7/107 out of 10
Key factors
- Short-term moving averages stacked above long-term ones
- Trading above the 200-day average of 97.80
- MACD momentum is positive
Medium term
1–3 yearsPositive
Model confidence5/105 out of 10
Key factors
- Short-term moving averages stacked above long-term ones
- Trading above the 200-day average of 97.80
- MACD momentum is positive
Long term
> 3 yearsNeutral
Model confidence4/104 out of 10
Key factors
- Short-term moving averages stacked above long-term ones
- 30-day volatility of 13.5%
- Beta of 1.37 versus the benchmark
Key metrics
Fund metrics
Expense Ratio0.21%
AUM$10.9B
Inception Date2003-09-25
Avg Daily Volume231,580
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield0.48%
Technical analysis
TrendBullish
RSI60.2
Support$101.75
Resistance$109.24
MA 20$106.02
MA 50$104.67
MA 200$97.80
MACDBullish
VolumeStable
Fear & Greed Index94.93
Risk assessment
Beta1.37
Volatility13.51%
Sector RiskMedium
Currency RiskLow
Liquidity RiskLow
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.