Industry Distribution:

• Technology: approx. 50%
• Healthcare: approx. 15%
• Communication Services: approx. 10%

TOP 3 Markets:

• USA: approx. 70%
• China: approx. 10%
• Europe: approx. 8%

The Fidelity Nasdaq Composite Index ETF (ONEQ) is heavily invested in the technology sector, which is typical for funds that track the Nasdaq Composite Index. The majority of revenues come from the USA, as many of the companies listed on the Nasdaq are based there. China and Europe follow as important markets served by the global reach and expansion of the companies included in the index.

Fidelity Commonwealth Trust - Fidelity Nasdaq Composite Index ETF (NasdaqGM:ONEQ) is an exchange-traded fund (ETF) and not a company that produces physical products.

This ETF invests in a variety of companies listed in the Nasdaq Composite Index. Therefore, the ETF itself does not produce products but holds shares in companies operating in different industries and capable of producing worldwide.

For specific information about the production locations of the companies in the ETF's portfolio, each individual company would need to be examined separately.

Strategy for Future Growth:

Fidelity Commonwealth Trust - Fidelity Nasdaq Composite Index ETF (NasdaqGM:ONEQ) follows a passive investment strategy.

The main goal of the ETF is to replicate the performance of the Nasdaq Composite Index. This is achieved by investing in the stocks included in the index. The fund aims to closely mirror the index's performance by ensuring broad diversification across various sectors and companies.

Being an index fund, the focus is not on actively selecting individual stocks but on tracking the index. This means that the fund's growth primarily depends on the overall performance of the Nasdaq Composite Index. The index itself is technology-oriented, indicating that the ETF's growth is strongly correlated with the performance of technology companies.

Long-term, the ETF relies on the continuous innovation and growth potential of the companies included in the Nasdaq Composite Index. Fidelity thus offers investors a way to benefit from trends and developments in the technology sector.

As a financial analyst, I can inform you that the Fidelity Nasdaq Composite Index ETF (NasdaqGM:ONEQ) is an exchange-traded fund that tracks the Nasdaq Composite Index. This index includes a variety of companies, mainly from the technology sector.

Imported Raw Materials: No direct imports

Since ONEQ is an ETF that invests in stocks, the fund itself does not import raw materials or materials. Instead, it invests in companies that may import raw materials.

Countries of Origin: Not applicable to the ETF itself

However, the companies in which the ETF invests may source raw materials from different countries. Typical raw materials for technology companies could include semiconductor materials, metals such as copper or rare earths, which are often imported from countries like China, Chile, or Australia.

For specific information on the raw material imports of individual companies in the ETF portfolio, the annual reports of the respective companies would need to be consulted.

Current Net Asset Value (NAV) per Share: $65.32 (2025, estimated) Assets Under Management (AUM): $4.2 billion (2025, estimated) Expense Ratio: 0.21% (2025)

The Fidelity Nasdaq Composite Index ETF (NasdaqGM:ONEQ) offers investors a way to invest in a broadly diversified index of companies listed on the Nasdaq. The competitive advantage of this ETF lies in its broad diversification and tracking of the Nasdaq Composite Index, which includes a variety of technology and growth companies.

The low expense ratio of 0.21% makes the ETF a cost-effective option for investors looking to participate in the performance of the Nasdaq Composite Index. This is particularly attractive compared to actively managed funds, which often charge higher fees.

Another advantage is the strong brand recognition and trust in Fidelity as an asset manager, making the ETF a preferred choice for many investors. The combination of broad diversification, low costs, and an established brand gives the ETF a solid competitive edge in the market.

Institutional Investor Share: Approximately 80% (estimated for 2025 based on historical trends)

Insider Buys/Sells: No significant insider transactions reported (2025)

The institutional investor share in ETFs such as the Fidelity Nasdaq Composite Index ETF is usually high, as these funds are often held by large institutional investors such as pension funds, insurance companies, and investment firms. Based on historical trends and the nature of index ETFs, assuming a share of around 80% is realistic.

Insider transactions are less relevant for ETFs, as these funds are passively managed and do not have direct company insiders who could buy or sell stocks. Therefore, there are usually no significant insider buys or sells to report.

Market share of Fidelity Nasdaq Composite Index ETF (ONEQ): Estimate: <1% (2025)

Top competitors and their market shares:

1. Invesco QQQ Trust (QQQ): approx. 10%
2. Vanguard Total Stock Market ETF (VTI): approx. 8%
3. SPDR S&P 500 ETF Trust (SPY): approx. 7%
4. iShares Russell 2000 ETF (IWM): approx. 5%
5. iShares MSCI EAFE ETF (EFA): approx. 4%
6. Vanguard FTSE Developed Markets ETF (VEA): approx. 3%
7. iShares Core S&P 500 ETF (IVV): approx. 3%
8. Vanguard S&P 500 ETF (VOO): approx. 3%
9. iShares MSCI Emerging Markets ETF (EEM): approx. 2%
10. Vanguard FTSE Emerging Markets ETF (VWO): approx. 2%

The Fidelity Nasdaq Composite Index ETF (ONEQ) has a relatively small market share compared to leading ETFs like Invesco QQQ Trust and Vanguard Total Stock Market ETF. These ETFs are leading due to their size, liquidity, and broad acceptance among investors.

The moat of ONEQ is limited as it is an index ETF tracking the Nasdaq Composite Index. The main advantage could lie in specific investment strategies or cost structures that are attractive to certain investors. However, larger ETFs like QQQ and SPY offer higher liquidity and often lower costs, making them more appealing to many investors.

Overall, the larger ETFs have a stronger moat due to their established market position and broader acceptance. Fidelity ONEQ would need to develop specific advantages or niche strategies to significantly differentiate itself from these competitors.

Assets under Management (AUM): $5.3 billion (2024)

5-Year Performance: 13.8% p.a. (2020-2024)

Expense Ratio: 0.21% (2024)

The Fidelity Nasdaq Composite Index ETF (NasdaqGM:ONEQ) is a passively managed fund that tracks the Nasdaq Composite Index. This index is technology-oriented and includes a variety of growth companies, which has enabled the ETF to deliver strong performance in recent years.

With an average annual return of 13.8% over the past five years, the ETF has demonstrated solid performance, benefiting from the strong growth in the technology sector. The expense ratio of 0.21% is competitive, allowing investors to benefit from market returns without paying high fees.

Due to the ETF's broad diversification and investment in various sectors within the Nasdaq Composite Index, it offers good risk diversification. This makes it an attractive option for investors looking to participate in the long-term growth of the technology and growth sectors.

Overall, the Fidelity Nasdaq Composite Index ETF could be a good investment for investors interested in a long-term commitment to technology-oriented growth companies, especially given its robust historical performance and low expense ratio.

Dividend Yield: 0.5% (estimated for 2025)

The Fidelity Nasdaq Composite Index ETF (NasdaqGM:ONEQ) pays a dividend, but the dividend yield is relatively low compared to other ETFs. The payout is usually quarterly and is based on the dividends of the companies included in the index.

The reliability of the payout depends heavily on the performance of the companies included in the Nasdaq Composite Index. Since the index is heavily technology-oriented, fluctuations in the dividend yield can occur, especially in economically volatile times. Historically, however, the ETF has regularly paid dividends, indicating a certain level of stability.