Fidelity® Nasdaq Composite Index® ETF Company Overview
About Fidelity® Nasdaq Composite Index® ETF
Fidelity® Nasdaq Composite Index® ETF (NASDAQ:ONEQ) tracks the Nasdaq Composite Index, aiming to provide investment returns that correspond generally to the price and yield performance of the Nasdaq Composite Index. This ETF is designed for investors looking to replicate the performance of a broad range of over 3,000 stocks listed on the NASDAQ stock exchange, encompassing various sectors such as technology, retail, biotechnology, and more. Fidelity® Nasdaq Composite Index® ETF invests in the total return of the Nasdaq Composite Index and uses a replication strategy to achieve its investment objective. The fund's primary objective is to offer an efficient way for investors to gain broad exposure to the U.S. equity market, particularly focusing on the technology and growth sectors that predominantly make up the Nasdaq Composite.
Snapshot
Operations
Products and/or services of Fidelity® Nasdaq Composite Index® ETF
- Provides a fund that tracks the NASDAQ Composite Index, offering diversified exposure to a broad range of stocks.
- Offers a low expense ratio, making it a cost-effective option for investors.
- Provides potential for long-term growth by investing in both domestic and international non-financial companies.
- Accessibility through various trading platforms, enhancing convenience for individual investors.
- Features active portfolio management aiming to mirror the performance of the NASDAQ Composite Index.
- Delivers dividend income by investing in a range of dividend-paying companies within the NASDAQ Composite.