diff --git a/packages/apollo-client/src/core/QueryManager.ts b/packages/apollo-client/src/core/QueryManager.ts
index e45e93ec382..dff5cd21d49 100644
--- a/packages/apollo-client/src/core/QueryManager.ts
+++ b/packages/apollo-client/src/core/QueryManager.ts
@@ -554,7 +554,7 @@ export class QueryManager<TStore> {
             // `no-cache` since `getCurrentQueryResult` attemps to pull from
             // `newData` first, following by trying the cache (which won't
             // find a hit for `no-cache`).
-            if (fetchPolicy !== 'no-cache') {
+            if (fetchPolicy !== 'no-cache' && fetchPolicy !== 'network-only') {
               this.setQuery(queryId, () => ({ newData: null }));
             }
 
@@ -932,7 +932,7 @@ export class QueryManager<TStore> {
                 obs.complete();
               }
             });
-          }
+          },
         };
 
         // TODO: Should subscriptions also accept a `context` option to pass
@@ -968,12 +968,14 @@ export class QueryManager<TStore> {
     observableQuery: ObservableQuery<T>,
     optimistic: boolean = true,
   ) {
-    const { variables, query } = observableQuery.options;
+    const { variables, query, fetchPolicy } = observableQuery.options;
     const lastResult = observableQuery.getLastResult();
     const { newData } = this.getQuery(observableQuery.queryId);
     // XXX test this
     if (newData && newData.complete) {
       return { data: newData.result, partial: false };
+    } else if (fetchPolicy === 'no-cache' || fetchPolicy === 'network-only') {
+      return { data: {}, partial: false };
     } else {
       try {
         // the query is brand new, so we read from the store to see if anything is there
@@ -1093,7 +1095,7 @@ export class QueryManager<TStore> {
     return new Promise<ApolloQueryResult<T>>((resolve, reject) => {
       // Need to assign the reject function to the rejectFetchPromise variable
       // in the outer scope so that we can refer to it in the .catch handler.
-      this.fetchQueryRejectFns.add(rejectFetchPromise = reject);
+      this.fetchQueryRejectFns.add((rejectFetchPromise = reject));
 
       const subscription = execute(this.deduplicator, operation).subscribe({
         next: (result: ExecutionResult) => {
@@ -1188,7 +1190,6 @@ export class QueryManager<TStore> {
       this.setQuery(queryId, ({ subscriptions }) => ({
         subscriptions: subscriptions.concat([subscription]),
       }));
-
     }).catch(error => {
       this.fetchQueryRejectFns.delete(rejectFetchPromise);
       throw error;
diff --git a/packages/apollo-client/src/core/__tests__/ObservableQuery.ts b/packages/apollo-client/src/core/__tests__/ObservableQuery.ts
index 2d9204cecba..971cad79869 100644
--- a/packages/apollo-client/src/core/__tests__/ObservableQuery.ts
+++ b/packages/apollo-client/src/core/__tests__/ObservableQuery.ts
@@ -1581,7 +1581,7 @@ describe('ObservableQuery', () => {
           fetchPolicy: 'network-only',
         });
         expect(stripSymbols(observable.currentResult())).toEqual({
-          data: dataOne,
+          data: {},
           loading: true,
           networkStatus: 1,
           partial: false,