ONEQ vs XLG overlap - what they share and where they differ
ONEQ and XLG share 63.4% of their weight across 20 common positions, read from what each fund reported to the SEC.
Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.
ONEQ and XLG
63.4%
20 shared positions
ONEQ
Fidelity Nasdaq Composite Index ETF
Reported positions cover 100% of the fund, 844 positions · May 31, 2026
Top 10: 59.6%·Holdings of ONEQ
XLG
Invesco S&P 500 Top 50 ETF
Reported positions cover 100% of the fund, 50 positions · Apr 30, 2026
Top 10: 65.6%·Holdings of XLG
Reported positions cover ONEQ 100%, XLG 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
XLG vs ONEQ side by side
ONEQFidelity Nasdaq Composite Index ETF
844
stock positions reported to the SEC
34.9% of its weight is in 824 names XLG does not hold
XLGInvesco S&P 500 Top 50 ETF
50
stock positions reported to the SEC
28.4% of its weight is in 30 names ONEQ does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Technology: ONEQ has 7.5 points more of it.
The figures side by side
| ONEQ | XLG | |
|---|---|---|
| Filing date | May 31, 2026 | Apr 30, 2026 |
| Stock positions reported | 844 | 50 |
| Weight of the ten largest | 59.6% | 65.6% |
| Largest position | NVDA 11.2% | NVDA 13.0% |
| Held alone | 824 positions, 34.9% | 30 positions, 28.4% |
| Covered by stock positions | 100% | 100% |
Holdings they share
| Stock | In ONEQ | In XLG | Counted |
|---|---|---|---|
| NVDANVIDIA CORP | 11.18% | 13.04% | 11.18% |
| AAPLAPPLE INC | 9.98% | 10.71% | 9.98% |
| GOOGLALPHABET INC | 9.29% | 10.83% | 9.29% |
| MSFTMICROSOFT CORP | 7.29% | 8.14% | 7.29% |
| AMZNAMAZON.COM INC | 6.33% | 6.96% | 6.33% |
| AVGOBROADCOM INC | 4.61% | 4.83% | 4.61% |
| METAMETA PLATFORMS INC | 3.01% | 3.60% | 3.01% |
| TSLATESLA INC | 3.56% | 2.89% | 2.89% |
| WMTWALMART INC | 2.01% | 1.56% | 1.56% |
| AMDADVANCED MICRO DEVICES INC | 1.83% | 1.55% | 1.55% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in ONEQ
Only in XLG
Questions people ask
Is ONEQ the same as XLG?
63.4% of their weight sits in the same 20 holdings. ONEQ also reports MU, INTC, LRCX, which the other does not. XLG also reports BRK.A, JPMORGAN CHASE & CO., LLY, which the other does not.
How is the overlap between ONEQ and XLG measured?
For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of ONEQ and 100% of XLG, so the number cannot exceed the smaller coverage.
Which holds more, XLG or ONEQ?
ONEQ reports 844 stock positions and XLG reports 50. 34.9% of ONEQ's weight sits in names XLG does not hold, and 28.4% of XLG's weight in names ONEQ does not hold. The ten largest positions are 59.6% of ONEQ and 65.6% of XLG.
How do ONEQ and XLG differ by sector?
The widest gap is Technology: ONEQ has 7.5 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.
Where do the numbers come from?
From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.
Add a third fund in the tool·All fund pairs
Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.