Here's How Much $1000 Invested In Fidelity Nasdaq Composite Index ETF 15 Years Ago Would Be Worth Today

Fidelity Nasdaq Composite Index ETF (NASDAQ:ONEQ) has outperformed the market over the past 15 years by 3.58% on an annualized basis producing an average annual return of 15.27%. Currently, Fidelity Nasdaq Composite Index ETF has a market capitalization of $9.47 billion.

Buying $1000 In ONEQ: If an investor had bought $1000 of ONEQ stock 15 years ago, it would be worth $8,459.43 today based on a price of $93.20 for ONEQ at the time of writing.

Fidelity Nasdaq Composite Index ETF's Performance Over Last 15 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.