Fidelity's Total Market Index Fund provides exposure to a broader swath of the U.S. stock market than S&P 500 funds like FXAIX but for the same price. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, … It does still limit companies to those with market values greater than $10 billion, though, so it's still a large-cap fund. A decade after the global financial crisis, investors seem to have forgotten about risk. Since its inception in 1988, the fund has returned 10.49% versus 10.64% for … Both Fidelity and Vanguard are great companies. The amount of money that has flowed into S&P 500 exchange-traded funds in recent years concerns me. Fidelity also offers a newer Fidelity ZERO Total Market Index Fund (FZROX) with 0% expense ratio. Fidelity’s Total Market Index Fund provides exposure to a broader swath of the U.S. stock market than S&P 500 funds like FXAIX but for the same price. Learn more about mutual funds at fidelity.com. There has been much debate over whether actively-managed funds or index funds are better options for investors, but it is true that index funds are cheaper than managed funds, which can improve the investor’s take-home returns. Fidelity has an index fund Fidelity Total Market Index Fund (FSKAX) with an expense ratio of only 0.015%. With almost 3,500 holdings, FSKAX reaches far beyond the S&P 500 companies. With almost 3,500 holdings, FSKAX … Like FXAIX, this fund has the same extremely low expense ratio of 0.015%, but FSKAX year-to-date return is almost double that of FXAIX, up by nearly 20%. Fidelity's Total Market Index Fund provides exposure to a broader swath of the U.S. stock market than S&P 500 funds like FXAIX. In the end the difference is tiny. Outside retirement accounts, an ETF is slightly more tax efficient. VTSAX vs FSKAX is an ongoing debate among the index fund world. With almost 3,500 holdings, FSKAX … FSKAX: 3,454: $46.5 B: 0.015%: Fidelity: FZROX: 2,530: $3.8 B: 0%: On the surface, the new Fidelity® ZERO Total Market Index Fund looks like it just won the war as best US total market index fund. The Best-Performing Index Funds to Consider. FXAIX 21.86% top 10, 508 holdings, 0.15 ER, cash holdings 0.8%, dividends: April,July,October,December Capital Gains: April,December So FSKAX will give you very SLIGHTLY more mid/small cap coverage, less cash drag and more spaced out dividends for a SLIGHTLY higher fee. Analyze the Fund Fidelity ® 500 Index Fund having Symbol FXAIX for type mutual-funds and perform research on other mutual funds. In the last decade, FXAIX has had a return of 11.96%, nearly identical to the 11.97% returned by the S&P 500. I use FSKAX.