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FAQs
Is the Fidelity Nasdaq Composite Index Fund a good investment? ›
Overall Rating
Morningstar has awarded this fund 4 stars based on its risk-adjusted performance compared to the 1109 funds within its Morningstar Category.
QQQ - Performance Comparison. In the year-to-date period, FNCMX achieves a 13.69% return, which is significantly higher than QQQ's 12.40% return. Over the past 10 years, FNCMX has underperformed QQQ with an annualized return of 15.93%, while QQQ has yielded a comparatively higher 18.56% annualized return.
Is FNCMX a good buy? ›Fidelity NASDAQ Composite Index has a consensus rating of Strong Buy which is based on 1658 buy ratings, 1454 hold ratings and 38 sell ratings.
What is the dividend yield of FNCMX? ›FNCMX's annual dividend yield is 0.64%. When is Fidelity NASDAQ Composite Index ex-dividend date? Fidelity NASDAQ Composite Index's previous ex-dividend date was on Dec 26, 2023.
Is Nasdaq Index fund risky? ›They track the stock market, so they have a similar risk (generally good for long term investments, but more volatile for short term investments). There are well diversified, so safer than individual stocks. But they certainly aren't as safe as Treadury bonds.
What is the most popular Nasdaq index fund? ›QQQ is the most popular Nasdaq ETF because it uses a full replication strategy, meaning this ETF includes every security in the Nasdaq Index rather than a representative sample. Invesco QQQ offers an annualized return of 9.5% since its inception in 1999.
Which Fidelity mutual fund is best? ›The 6 Best Fidelity Mutual Funds to Buy and Hold
| Mutual fund | Expense ratio |
|---|---|
| Fidelity Total Market Index Fund (FSKAX) | 0.015% |
| Fidelity Zero Extended Market Index Fund (FZIPX) | 0% |
| Fidelity Zero International Index Fund (FZILX) | 0% |
| Fidelity U.S. Bond Index Fund (FXNAX) | 0.025% |
May 10, 2024
Top 25 Holdings
| Company | Symbol | Total Net Assets |
|---|---|---|
| Apple Inc. | AAPL | 9.95% |
| NVIDIA Corp. | NVDA | 8.49% |
| Amazon.com Inc. | AMZN | 7.04% |
| Meta Platforms Inc. | META | 4.01% |
QQQ is managed by Invesco, while ONEQ is managed by Fidelity. Both QQQ and ONEQ are considered high-volume assets. They're less likely to be affected by issues like slippage and failed orders on Composer than low-volume assets.
Is FNCMX diversified? ›The fund may operate as a non-diversified fund, as defined under the Investment Company Act of 1940 (1940 Act), to the approximate extent the Index is non-diversified.
Should I invest in Nasdaq fund? ›
If you want to have a tech-heavy portfolio and don't mind the risk, you may consider investing in an ICICI Prudential NASDAQ 100 index fund. As it is an index fund, you will also benefit from the low expense ratio.
What is the difference between the Nasdaq Composite and the Nasdaq-100? ›Unlike the Nasdaq Composite Index, the Nasdaq-100 does not include the stocks of financial institutions, investment companies or sectors such as oil & gas.
What is the turnover rate of the Fncmx? ›Fidelity Nasdaq Composite Index has a portfolio turnover rate of 5%, indicating that holds its assets around 0.2 years.
Does QQQ pay good dividends? ›QQQ Dividend Information
QQQ has a dividend yield of 0.58% and paid $2.64 per share in the past year. The dividend is paid every three months and the last ex-dividend date was Mar 18, 2024.
FXAIX pays a dividend of $0.55 per share. FXAIX's annual dividend yield is 1.76%. When is Fidelity 500 Index Fund ex-dividend date?