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FELG and VUG are both down significantly this year, but one of them uses a quantitative model that can shift away from the names dragging it lower.

If you're interested in broad exposure to the Large Cap Growth segment of the US equity market, look no further than the Fidelity Nasdaq Composite Index ETF (ONEQ), a passively managed exchange traded fund launched on September 25, 2003.

Fisher Asset Management LLC cut its position in Fidelity NASDAQ Composite Index ETF (NASDAQ: ONEQ) by 5.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 629,917 shares of the company's stock after selling 37,402 shares during the quarter. Fisher Asset Management LLC

Trevian Wealth Management added 29,976 shares of ONEQ in the fourth quarter. The firm's 13F showed the stake worth $2.7 million on December 31, 2025.

When investors want broad exposure to the Nasdaq Composite but prefer a lower-cost alternative to niche growth funds, Fidelity Nasdaq Composite Index ETF ( NASDAQ:ONEQ ) delivers exactly that: a passive, diversified bet on technology-driven growth.