Fidelity Nasdaq Composite Index ETF (NASDAQ:ONEQ) has outperformed the market over the past 10 years by 3.92% on an annualized basis producing an average annual return of 17.01%. Currently, Fidelity Nasdaq Composite Index ETF has a market capitalization of $9.07 billion.

Buying $1000 In ONEQ: If an investor had bought $1000 of ONEQ stock 10 years ago, it would be worth $4,840.05 today based on a price of $89.14 for ONEQ at the time of writing.

Fidelity Nasdaq Composite Index ETF’s Performance Over Last 10 Years

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Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.