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Fidelity® Nasdaq Composite Index® Tracking Stock
(NASDAQ: ONEQ)
Objective
Fidelity® Nasdaq Composite Index® Tracking Stock is an exchange-traded fund that seeks to provide investment returns that closely correspond to the price and yield performance of the Nasdaq Composite Index.
 
NASDAQ Composite Index1 Performance  
 NASDAQ Composite Index PriceNASDAQ Composite Index Total Return2
As of July 31, 2008 Cumulative Return Annualized Return4 Cumulative Return Annualized Return4
2008-YTD -12.32% -12.32% -11.95% -11.95%
1 Year -8.67% -8.67% -7.98% -7.98%
Since ONEQ Fund Inception3 27.97% 5.21% 32.22% 5.93%
 
As of June 30, 2008 Cumulative Return Annualized Return4 Cumulative Return Annualized Return4
2008-YTD -13.55% -13.55%-13.22%-13.22%
1 Year -11.92%-11.92%-11.28%-11.28%
Since ONEQ Fund Inception3 26.18%5.00%30.32%5.71%
 
1. The NASDAQ Composite Index measures all NASDAQ domestic and international based common type stocks listed on The NASDAQ Stock Market.
2. Includes dividends re-invested on the ex-dividend date.
3. ONEQ Fund commenced operations on 09/25/2003.
4. Returns are not annualized for a period of one year or less.
Source: NASDAQ and FactSet Research Systems Inc.
Index past performance is no guarantee of future results and does not represent the performance of ONEQ.
For ONEQ performance information current to the most recent month-end, please visit Fidelity Investments web site at http://personal.fidelity.com/products/funds/mfl_frame.shtml?315912808
 
NASDAQ Composite Index
Top Ten Holdings
NASDAQ Composite Index
By Industry*
   
Data as of 7/31/2008
Microsoft Corporation   6.97%
Apple Inc.   4.08%
Cisco Systems Inc.   3.78%
Intel Corp.   3.70%
Google Inc.   3.29%
Oracle Corp.   3.23%
QUALCOMM Inc.   2.61%
Research in Motion Ltd.   2.02%
Amgen Inc.   1.98%
Gilead Sciences Inc.   1.45%
Total:   33.11%
  
 
Technology   46.78%
Consumer Services   14.49%
Health Care   13.22%
Financials   9.18%
Industrials   8.26%
Consumer Goods   3.26%
Oil & Gas   1.88%
Basic Materials   1.49%
Telecommunications   1.25%
Utilities   0.20%
Total:   100.00%

Source: NASDAQ and FTSE.
* Industry classification is based on the Industry Classification Benchmark (ICB) maintained by FTSE and Dow Jones Indexes. Total for Industry breakdown might not sum up to 100% due to rounding.
 
ETF Quick Facts
Information as of 11/21/2009
Assets:$127,650,150   52 Week High:$86.94
Shares Outstanding:1,500,000   52 Week Low:$49.5
Dividend Yield:0.47%
Performance Chart
ONEQ
 
Fund Details
Expense Ratio: 0.30%      Short Selling Allowed: Yes, uptick exempt
Ticker Symbol: ONEQ      Options Traded: Yes
Trading Increment: $0.01      Investment Adviser: Fidelity Management & Research Company (FMR)
Min Trade Size: 1 Share      Sub-advisers: Geode Capital Management, LLC; FMR Co., Inc. (FMRC)
Marginable: Yes      Distributor: Fidelity Distributors Corporation (FDC)
 
Additional Information

For more complete information on any Fidelity fund, including fees and expenses, visit Fidelity.com or call anytime at 800-FIDELITY for a free prospectus, which you should read carefully before you invest or send money.

ETFs are subject to market fluctuations of their underlying investments.

Diversification does not ensure a profit or guarantee against loss in a declining market.

All indices are unmanaged and you may not invest directly in any index.

NASDAQ®, NASDAQ Composite®, and NASDAQ Composite Index® are registered trademarks of The Nasdaq Stock Market, Inc. (which with its Affiliates are the "Corporations") and are licensed for use by Fidelity. The product(s) have not been passed on by the Corporations as to their legality or suitability. The product(s) are not issued, endorsed, or sold by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).

Fidelity and Fidelity Investments & (Pyramid) Design are registered trademarks of FMR Corp. Fidelity Distributors Corporation.