Fidelity Nasdaq Composite Index ETF (NASDAQ:ONEQ) has outperformed the market over the past 10 years by 4.71% on an annualized basis producing an average annual return of 18.27%. Currently, Fidelity Nasdaq Composite Index ETF has a market capitalization of $10.60 billion.

Buying $100 In ONEQ: If an investor had bought $100 of ONEQ stock 10 years ago, it would be worth $540.30 today based on a price of $102.30 for ONEQ at the time of writing.

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

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.