ONEQ vs. MFEM ETF Comparison

Comparison of Fidelity Nasdaq Composite Index Tracking Stock (ONEQ) to PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM)
ONEQ

Fidelity Nasdaq Composite Index Tracking Stock

ONEQ Description

ONEQ tracks only Nasdaq-listed companies and ignores those trading on the NYSE or other exchanges. The funds underlying index comprises all domestic and international companies listed in Nasdaq. ONEQs portfolio may favor technology firms, which in the past have dominated the Nasdaq market. This is at the expense of energy, industrials, financials and other industries. Its heavy weightings to large-cap firms may increase single-stock blowup risk. Much like the market it aims to track, ONEQ is essentially a growth play, carrying elevated P/E and P/B ratios and paying smaller dividends. This exposure has translated to higher market risk. ONEQ uses a sampling strategy to track its index, which is reconstituted and rebalanced daily.

Grade (RS Rating)

Last Trade

$74.95

Average Daily Volume

238,552

Number of Holdings *

830

* may have additional holdings in another (foreign) market
MFEM

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF

MFEM Description The investment seeks to track the investment results of the RAFI Dynamic Multi-Factor Emerging Markets Index. The fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the RAFI Dynamic Multi-Factor Emerging Markets Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach to construct factor portfolios within the underlying index. The underlying index consists of factor portfolios, each of which emphasizes one of the following factors: value, low volatility, quality and momentum.

Grade (RS Rating)

Last Trade

$19.65

Average Daily Volume

11,427

Number of Holdings *

23

* may have additional holdings in another (foreign) market
Performance
Period ONEQ MFEM
30 Days 4.10% -2.92%
60 Days 5.77% -0.81%
90 Days 6.51% -1.06%
12 Months 33.93% 12.05%
4 Overlapping Holdings
Symbol Grade Weight in ONEQ Weight in MFEM Overlap
CAR C 0.01% 0.05% 0.01%
PDD F 0.25% 0.23% 0.23%
SBLK F 0.01% 0.05% 0.01%
SIMO D 0.01% 0.04% 0.01%
ONEQ Overweight 826 Positions Relative to MFEM
Symbol Grade Weight
NVDA C 11.52%
AAPL C 11.32%
MSFT F 10.23%
AMZN C 7.05%
META D 4.0%
TSLA B 3.4%
GOOGL C 3.35%
GOOG C 3.22%
AVGO D 2.53%
COST B 1.33%
NFLX A 1.17%
TMUS B 0.89%
CSCO B 0.76%
ADBE C 0.74%
AMD F 0.72%
PEP F 0.7%
LIN D 0.69%
INTU C 0.63%
ISRG A 0.61%
QCOM F 0.59%
TXN C 0.59%
BKNG A 0.54%
CMCSA B 0.54%
AMGN D 0.5%
HON B 0.49%
AMAT F 0.46%
PANW C 0.41%
ADP B 0.4%
VRTX F 0.39%
SBUX A 0.37%
GILD C 0.36%
INTC D 0.35%
MU D 0.35%
ADI D 0.34%
MELI D 0.32%
LRCX F 0.3%
PYPL B 0.29%
EQIX A 0.28%
APP B 0.28%
MDLZ F 0.28%
CTAS B 0.27%
REGN F 0.27%
KLAC D 0.27%
CME A 0.27%
CRWD B 0.26%
CDNS B 0.26%
SNPS B 0.26%
MRVL B 0.25%
MAR B 0.25%
FTNT C 0.24%
CEG D 0.23%
ORLY B 0.23%
DASH A 0.22%
ASML F 0.21%
COIN C 0.21%
ADSK A 0.21%
CSX B 0.21%
MSTR C 0.2%
CHTR C 0.19%
ABNB C 0.19%
ROP B 0.19%
PCAR B 0.19%
CPRT A 0.18%
NXPI D 0.18%
WDAY B 0.18%
PAYX C 0.17%
FANG D 0.17%
MNST C 0.17%
TTD B 0.17%
FAST B 0.16%
AEP D 0.16%
NDAQ A 0.15%
ROST C 0.15%
ODFL B 0.15%
EA A 0.14%
KDP D 0.14%
BKR B 0.14%
AXON A 0.14%
CTSH B 0.13%
EXC C 0.13%
DDOG A 0.13%
TEAM A 0.13%
VRSK A 0.13%
ACGL D 0.13%
XEL A 0.13%
AZN D 0.12%
GEHC F 0.12%
KHC F 0.12%
LULU C 0.12%
WTW B 0.11%
MCHP D 0.11%
CCEP C 0.11%
IDXX F 0.11%
UAL A 0.1%
ON D 0.1%
ZS C 0.1%
TSCO D 0.1%
FCNCA A 0.1%
CSGP D 0.1%
DXCM D 0.1%
EBAY D 0.1%
ALNY D 0.1%
TTWO A 0.1%
MPWR F 0.09%
ANSS B 0.09%
FITB A 0.09%
GFS C 0.08%
CDW F 0.08%
WBD C 0.08%
TCOM B 0.08%
NTAP C 0.08%
SBAC D 0.08%
BIIB F 0.08%
HBAN A 0.08%
LPLA A 0.08%
TROW B 0.08%
HOOD B 0.08%
ERIE D 0.07%
ZBRA B 0.07%
FSLR F 0.07%
IBKR A 0.07%
STX D 0.07%
ZM B 0.07%
WDC D 0.07%
MDB C 0.07%
NTRS A 0.07%
STLD B 0.07%
PTC A 0.07%
EXPE B 0.07%
CINF A 0.07%
ILMN D 0.07%
HOLX D 0.06%
SSNC B 0.06%
VRSN F 0.06%
TRMB B 0.06%
ALGN D 0.06%
NTNX A 0.06%
JD D 0.06%
GEN B 0.06%
MANH D 0.06%
JBHT C 0.06%
NTRA B 0.06%
CG A 0.06%
TER D 0.06%
ARGX A 0.06%
GRAB B 0.06%
PODD C 0.06%
DKNG B 0.06%
CHKP D 0.06%
PFG D 0.06%
NDSN B 0.05%
BSY D 0.05%
SAIA B 0.05%
EWBC A 0.05%
MRNA F 0.05%
ENTG D 0.05%
INCY C 0.05%
SNY F 0.05%
SFM A 0.05%
CASY A 0.05%
LNT A 0.05%
DOCU A 0.05%
VTRS A 0.05%
MORN B 0.05%
AFRM B 0.05%
FLEX A 0.05%
ICLR D 0.05%
SOFI A 0.05%
UTHR C 0.05%
TW A 0.05%
ARM D 0.05%
ULTA F 0.05%
MKTX D 0.04%
EXEL B 0.04%
RIVN F 0.04%
SMCI F 0.04%
LECO B 0.04%
SEIC B 0.04%
TECH D 0.04%
HST C 0.04%
NWSA B 0.04%
NTES D 0.04%
DUOL A 0.04%
RPRX D 0.04%
AAON B 0.04%
TTEK F 0.04%
JKHY D 0.04%
PAA B 0.04%
PCTY B 0.04%
LBRDK C 0.04%
NBIX C 0.04%
GLPI C 0.04%
TXRH C 0.04%
RKLB B 0.04%
CHRW C 0.04%
BMRN D 0.04%
BIDU F 0.04%
LOGI D 0.04%
OKTA C 0.04%
FFIV B 0.04%
SWKS F 0.04%
MNDY C 0.04%
Z A 0.04%
CPB D 0.04%
SMMT D 0.04%
CYBR B 0.04%
AKAM D 0.04%
PPC C 0.04%
REG B 0.04%
POOL C 0.04%
EVRG A 0.04%
DLTR F 0.04%
BRKR D 0.03%
CZR F 0.03%
CVLT B 0.03%
BOKF B 0.03%
SAIC F 0.03%
HSIC B 0.03%
CSWI A 0.03%
ZION B 0.03%
COLB A 0.03%
CHRD D 0.03%
LNW D 0.03%
GLBE B 0.03%
PNFP B 0.03%
APA D 0.03%
GTLB B 0.03%
OTEX D 0.03%
FRHC B 0.03%
ENPH F 0.03%
PEGA A 0.03%
ROIV C 0.03%
MTCH D 0.03%
SIRI C 0.03%
HLNE B 0.03%
NICE C 0.03%
ROKU D 0.03%
FOX A 0.03%
AAL B 0.03%
HQY B 0.03%
PARA C 0.03%
MASI A 0.03%
ITCI C 0.03%
HAS D 0.03%
WYNN D 0.03%
MEDP D 0.03%
DOX D 0.03%
FYBR D 0.03%
LKQ D 0.03%
WING D 0.03%
CHDN B 0.03%
BGNE D 0.03%
EXAS D 0.03%
RVMD C 0.03%
FUTU D 0.03%
PCVX D 0.03%
INSM C 0.03%
MTSI B 0.03%
WWD B 0.03%
LAMR D 0.03%
FOXA B 0.03%
BNTX D 0.03%
COKE C 0.03%
CBSH A 0.03%
RGLD C 0.03%
SRPT D 0.03%
WIX B 0.03%
WTFC A 0.03%
ARLP A 0.02%
CLBT B 0.02%
SFNC B 0.02%
VERX B 0.02%
GSHD A 0.02%
OZK B 0.02%
VIRT B 0.02%
WDFC B 0.02%
VRRM D 0.02%
WBA F 0.02%
TBBK B 0.02%
GH B 0.02%
TGTX B 0.02%
FTDR A 0.02%
WSFS A 0.02%
AUR C 0.02%
CCOI B 0.02%
GLNG C 0.02%
QFIN B 0.02%
MGEE C 0.02%
FRSH C 0.02%
ALGM D 0.02%
IPAR B 0.02%
CVCO A 0.02%
SKYW B 0.02%
PI D 0.02%
CATY B 0.02%
BLKB B 0.02%
APPF B 0.02%
AEIS B 0.02%
KRYS B 0.02%
KTOS B 0.02%
DORM B 0.02%
NWS B 0.02%
LOPE B 0.02%
LI F 0.02%
ALKT B 0.02%
CHCI D 0.02%
NWL B 0.02%
COLM B 0.02%
BBIO F 0.02%
ACLX C 0.02%
CRNX C 0.02%
VICR B 0.02%
BANF B 0.02%
LANC C 0.02%
RUSHA C 0.02%
LNTH D 0.02%
ICUI D 0.02%
TFSL A 0.02%
FIVE F 0.02%
SBRA C 0.02%
AXSM B 0.02%
SHC F 0.02%
FIZZ C 0.02%
CACC D 0.02%
BPMC C 0.02%
BGC C 0.02%
CALM A 0.02%
PAYO A 0.02%
TCBI B 0.02%
ALKS B 0.02%
IEP F 0.02%
WMG C 0.02%
CRUS D 0.02%
VCTR B 0.02%
ROAD A 0.02%
PECO A 0.02%
SANM B 0.02%
DJT C 0.02%
EEFT B 0.02%
PLXS B 0.02%
IBOC A 0.02%
INTA A 0.02%
TIGO D 0.02%
LSTR D 0.02%
NUVL D 0.02%
USLM A 0.02%
IONS F 0.02%
VKTX F 0.02%
NCNO B 0.02%
PRCT B 0.02%
ITRI B 0.02%
QLYS C 0.02%
CROX D 0.02%
EXPO D 0.02%
HALO F 0.02%
ONB B 0.02%
BECN B 0.02%
STEP B 0.02%
FELE B 0.02%
CYTK F 0.02%
RMBS C 0.02%
VRNS D 0.02%
COOP B 0.02%
TENB C 0.02%
VLY B 0.02%
BPOP B 0.02%
SITM B 0.02%
CHX C 0.02%
AGNC D 0.02%
LCID F 0.02%
DBX B 0.02%
HWC B 0.02%
ALTR B 0.02%
GNTX C 0.02%
SLM A 0.02%
AMKR D 0.02%
CELH F 0.02%
ETSY D 0.02%
CWST A 0.02%
NXST C 0.02%
REYN D 0.02%
MMSI B 0.02%
HTHT D 0.02%
WFRD D 0.02%
MARA C 0.02%
ACT D 0.02%
AVAV D 0.02%
RDNT B 0.02%
UBSI B 0.02%
QXO D 0.02%
LFUS F 0.02%
WSC D 0.02%
LITE B 0.02%
OLLI D 0.02%
UPST B 0.02%
STRL B 0.02%
ACIW B 0.02%
CGNX C 0.02%
RCM F 0.02%
BCPC B 0.02%
MDGL B 0.02%
CORT B 0.02%
SIGI C 0.02%
QRVO F 0.02%
IESC B 0.02%
UMBF B 0.02%
CFLT B 0.02%
RGEN D 0.02%
EXLS B 0.02%
NOVT D 0.02%
ENSG D 0.02%
XP F 0.02%
CRVL A 0.02%
UFPI B 0.02%
MAT D 0.02%
MMYT B 0.02%
CRDO B 0.02%
TPG A 0.02%
MIDD C 0.02%
FRPT B 0.02%
OLED D 0.02%
LYFT C 0.02%
SPSC C 0.02%
LSCC D 0.02%
JAZZ B 0.02%
ASND D 0.02%
FFIN B 0.02%
MKSI C 0.02%
COLL F 0.01%
SRAD A 0.01%
BFST C 0.01%
AMWD C 0.01%
KRUS B 0.01%
ODP F 0.01%
WOOF D 0.01%
BLMN F 0.01%
PGNY F 0.01%
LQDA D 0.01%
PSNY F 0.01%
GRFS C 0.01%
JACK D 0.01%
IQ F 0.01%
CNTA B 0.01%
BCYC F 0.01%
BLBD D 0.01%
GSM D 0.01%
CNSL C 0.01%
SAVA D 0.01%
MOMO D 0.01%
EBTC B 0.01%
EMBC C 0.01%
GDEN B 0.01%
GIII D 0.01%
IMKTA C 0.01%
BVS D 0.01%
LILAK D 0.01%
TRS B 0.01%
COGT D 0.01%
MATW C 0.01%
EYE C 0.01%
BCBP A 0.01%
CLOV D 0.01%
MYGN F 0.01%
RCKT F 0.01%
SDGR C 0.01%
BMBL C 0.01%
TRNS D 0.01%
MGPI F 0.01%
ARDX F 0.01%
PYCR C 0.01%
AMRK F 0.01%
PLUG F 0.01%
ICHR C 0.01%
TTGT C 0.01%
TRDA B 0.01%
STAA F 0.01%
ASTL B 0.01%
KC A 0.01%
VRNT C 0.01%
HROW D 0.01%
NSSC D 0.01%
VITL D 0.01%
SPRY D 0.01%
AOSL C 0.01%
THRM D 0.01%
IRON B 0.01%
TLRY F 0.01%
PLAY D 0.01%
SCVL F 0.01%
OPK C 0.01%
CBRL C 0.01%
NVEE F 0.01%
AMED F 0.01%
ISTR B 0.01%
COHU C 0.01%
TH C 0.01%
IMCR D 0.01%
PLYA B 0.01%
FFIC B 0.01%
VIR D 0.01%
AVAH B 0.01%
WASH C 0.01%
GLUE C 0.01%
PDFS C 0.01%
OLPX D 0.01%
HTLD B 0.01%
IBUY A 0.01%
KURA F 0.01%
CLDX F 0.01%
ANIP F 0.01%
CEVA B 0.01%
VECO F 0.01%
FWRD D 0.01%
MLCO F 0.01%
HAFC A 0.01%
RNW D 0.01%
AVO C 0.01%
SPT C 0.01%
CMCO B 0.01%
KALU C 0.01%
FWRG C 0.01%
TXG F 0.01%
CNDT C 0.01%
VRDN D 0.01%
BCRX D 0.01%
BASE C 0.01%
FLYW C 0.01%
DOOO F 0.01%
PFC A 0.01%
SOUN C 0.01%
DAWN F 0.01%
UCTT D 0.01%
TNDM F 0.01%
SNDX F 0.01%
MRTN C 0.01%
UDMY F 0.01%
WB D 0.01%
SABR C 0.01%
AHCO F 0.01%
HLIT D 0.01%
LBRDA C 0.01%
SPNS F 0.01%
INMD C 0.01%
PLAB C 0.01%
KRNT C 0.01%
RDWR B 0.01%
TVTX B 0.01%
DLO C 0.01%
XRX F 0.01%
SCSC B 0.01%
FTRE D 0.01%
NAVI C 0.01%
INFN C 0.01%
INVA D 0.01%
UNIT B 0.01%
PDCO D 0.01%
ECPG B 0.01%
HBNC B 0.01%
CRAI B 0.01%
CENTA C 0.01%
ARVN D 0.01%
MBUU C 0.01%
QNST B 0.01%
WABC B 0.01%
SAFT C 0.01%
ANDE D 0.01%
ACLS F 0.01%
IAS C 0.01%
MCRI A 0.01%
ATEX D 0.01%
WINA B 0.01%
ENVX F 0.01%
HAIN C 0.01%
IREN C 0.01%
PCT C 0.01%
TWST D 0.01%
NVCR C 0.01%
RXST F 0.01%
CRTO C 0.01%
NEO C 0.01%
AMSF B 0.01%
FA C 0.01%
PEBO A 0.01%
MSEX B 0.01%
PFBC B 0.01%
TCBK B 0.01%
ULH B 0.01%
NEXT B 0.01%
AKRO B 0.01%
AZTA D 0.01%
GDYN B 0.01%
UPBD B 0.01%
PAGP A 0.01%
AXNX C 0.01%
AUPH B 0.01%
CNXN C 0.01%
DGII B 0.01%
CSGS B 0.01%
HRMY D 0.01%
MNKD C 0.01%
HTZ C 0.01%
OCFC B 0.01%
MQ F 0.01%
ERII D 0.01%
RUN F 0.01%
CHEF A 0.01%
LBPH A 0.01%
APOG B 0.01%
VC D 0.01%
MLKN D 0.01%
PTGX C 0.01%
AY B 0.01%
ATSG B 0.01%
DVAX C 0.01%
TARS B 0.01%
BUSE B 0.01%
DNUT D 0.01%
TMDX F 0.01%
VSEC C 0.01%
RRR D 0.01%
IDYA F 0.01%
TRMD F 0.01%
GTX D 0.01%
BEAM D 0.01%
GABC B 0.01%
LKFN B 0.01%
ZLAB C 0.01%
INBK B 0.01%
JANX C 0.01%
HPK B 0.01%
RIOT C 0.01%
LGIH D 0.01%
ULCC D 0.01%
GERN D 0.01%
KYMR D 0.01%
DYN F 0.01%
IOVA F 0.01%
CMPR D 0.01%
ASTH D 0.01%
DIOD D 0.01%
VMEO B 0.01%
MBIN D 0.01%
VERA B 0.01%
APPN B 0.01%
ATAT C 0.01%
NWBI B 0.01%
ROIC A 0.01%
JAMF F 0.01%
EXTR B 0.01%
ADUS D 0.01%
BILI D 0.01%
STRA C 0.01%
CAKE C 0.01%
EVCM B 0.01%
HOPE B 0.01%
SUPN C 0.01%
STBA B 0.01%
CPRX C 0.01%
XNCR B 0.01%
CNXC F 0.01%
NTCT C 0.01%
PTVE B 0.01%
GDS C 0.01%
YY C 0.01%
PLUS F 0.01%
PRDO B 0.01%
ROCK C 0.01%
RPD C 0.01%
WERN C 0.01%
IRTC D 0.01%
VBTX B 0.01%
SASR B 0.01%
CHCO B 0.01%
XPEL C 0.01%
LAUR A 0.01%
DCOM A 0.01%
LGND B 0.01%
NMRK B 0.01%
CGON F 0.01%
ALHC C 0.01%
PRVA B 0.01%
ARWR F 0.01%
WSBC A 0.01%
NNBR C 0.01%
ARCB C 0.01%
CLBK B 0.01%
SYBT B 0.01%
AMRX C 0.01%
OSW A 0.01%
SBCF A 0.01%
PINC B 0.01%
FLNC C 0.01%
TTMI B 0.01%
AMPH D 0.01%
FRME B 0.01%
VRNA B 0.01%
UFPT B 0.01%
WEN D 0.01%
WULF C 0.01%
CASH A 0.01%
MGNI A 0.01%
KROS D 0.01%
PSMT C 0.01%
GOGL F 0.01%
CIFR B 0.01%
IDCC A 0.01%
HURN B 0.01%
CLSK C 0.01%
VCYT B 0.01%
OPCH D 0.01%
TRUP B 0.01%
FORM D 0.01%
FIVN C 0.01%
STNE F 0.01%
EFSC B 0.01%
FBNC A 0.01%
XRAY F 0.01%
HEES B 0.01%
KLIC B 0.01%
SKWD A 0.01%
LIVN F 0.01%
TRMK B 0.01%
GT C 0.01%
NWE B 0.01%
LMAT A 0.01%
ICFI F 0.01%
MYRG B 0.01%
ALRM C 0.01%
VIAV B 0.01%
FFBC A 0.01%
APLS D 0.01%
MRUS F 0.01%
SMTC B 0.01%
TFIN A 0.01%
CENX B 0.01%
PLTK B 0.01%
MIRM B 0.01%
OSIS B 0.01%
HCP B 0.01%
GGAL C 0.01%
ASTE B 0.01%
FROG C 0.01%
JBLU F 0.01%
EWTX C 0.01%
SWTX C 0.01%
EXPI C 0.01%
NBTB B 0.01%
BRZE C 0.01%
SYNA C 0.01%
SHOO D 0.01%
VCEL B 0.01%
ERIC B 0.01%
MRCY B 0.01%
SGRY F 0.01%
BANR B 0.01%
OMCL C 0.01%
SRRK B 0.01%
MGRC B 0.01%
NPAB B 0.01%
PPBI B 0.01%
PATK D 0.01%
ACAD D 0.01%
ACHC F 0.01%
ATRC C 0.01%
INDB B 0.01%
IOSP B 0.01%
NARI C 0.01%
FOLD F 0.01%
SATS D 0.01%
PLMR B 0.01%
RBCAA B 0.01%
ZD C 0.01%
NEOG F 0.01%
PRGS A 0.01%
ZG A 0.01%
HWKN B 0.01%
TOWN B 0.01%
BL B 0.01%
LEGN F 0.01%
RNA D 0.01%
AVT C 0.01%
SLAB D 0.01%
ESGR B 0.01%
VOD F 0.01%
POWI D 0.01%
CARG C 0.01%
OTTR C 0.01%
WVE C 0.01%
IAC D 0.01%
IRDM D 0.01%
FULT A 0.01%
XENE D 0.01%
JJSF B 0.01%
PTCT B 0.01%
IBTX B 0.01%
URBN C 0.01%
NMIH D 0.01%
PENN C 0.01%
BZ F 0.01%
DRVN B 0.01%
AMBA B 0.01%
LFST C 0.01%
HUBG A 0.01%
ACVA B 0.01%
ADMA B 0.01%
RYTM C 0.01%
CVBF A 0.01%
EBC B 0.01%
DNLI D 0.01%
AGIO C 0.01%
RARE D 0.01%
HTLF B 0.01%
PCH D 0.01%
BHF B 0.01%
FIBK A 0.01%
SMPL B 0.01%
SNEX B 0.01%
WAFD B 0.01%
ASO F 0.01%
NSIT F 0.01%
FHB A 0.01%
IMVT F 0.01%
CRSP D 0.01%
PTEN C 0.01%
AGYS A 0.01%
POWL C 0.01%
ONEQ Underweight 19 Positions Relative to MFEM
Symbol Grade Weight
SHG D -0.68%
VALE F -0.54%
TME D -0.49%
KB B -0.45%
CHT D -0.4%
KEP B -0.34%
KT A -0.34%
SKM D -0.27%
VIPS F -0.22%
BCH F -0.16%
GGB C -0.15%
LPL F -0.14%
BRFS D -0.13%
SBSW D -0.11%
SGRP D -0.1%
YUMC C -0.1%
FN D -0.08%
ZTO F -0.04%
AKO.A F -0.03%
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