Does Fidelity have a fund that tracks the S&P 500? (2024)

Does Fidelity have a fund that tracks the S&P 500?

Fidelity® 500 Index Fund is a diversified domestic large-cap equity strategy that seeks to closely track the returns and characteristics of the S&P 500® index. The S&P 500® is a market-capitalization-weighted index designed to measure the performance of 500 large-cap U.S. companies.

Which Fidelity fund tracks the S&P 500?

The Fidelity 500 Index Fund tracks the S&P 500 index, one of the main benchmarks for U.S. stocks.

Is there a mutual fund that tracks the S&P 500?

VFIAX and SWPPX are some of the best S&P 500 index funds on the market in terms of costs and minimums. S&P 500 index funds track the S&P 500 — a market index made up of about 500 U.S. companies.

Does Fidelity have a total market index fund?

FSKAX - Fidelity ® Total Market Index Fund | Fidelity Investments.

Who manages the Fidelity 500 Index Fund?

Fidelity Management & Research Company LLC (FMR) (the Adviser) is the fund's manager.

Is Vanguard or Fidelity better?

While Fidelity wins out overall, Vanguard is the best option for retirement savers. Its platform offers tools and education focused specifically on retirement planning.

Should I buy Spy or FXAIX?

The year-to-date returns for both investments are quite close, with SPY having a 7.26% return and FXAIX slightly higher at 7.38%. Both investments have delivered pretty close results over the past 10 years, with SPY having a 12.49% annualized return and FXAIX not far ahead at 12.66%.

What is the best Fidelity S&P 500 index fund?

Our recommendation for the best overall S&P 500 index fund is the Fidelity 500 Index Fund. With a 0.015% expense ratio, it's the cheapest on our list. And it doesn't have a minimum initial investment requirement, sales loads or trading fees. Over the last 10 years, FXAIX has returned an annualized 12.02%.

What is the best mutual fund that tracks the S&P 500?

How to buy an index fund on Fidelity?

To purchase an index fund on Fidelity, first navigate to the 'Trade' or 'Buy' section on the platform. This will allow you to search for the specific fund you want to buy. Fidelity's user-friendly interface will then guide you through the purchasing process.

Does Fidelity have a balanced index fund?

Fidelity Balanced Fund (FBALX)

FBALX, which began trading in 1986, has an annual expense ratio of 0.47% and no minimum investment requirement. Like VGSTX, it has done well over multiple time frames relative to its peer group. 4 Its 2023 total returns were 21.6%.

What is the difference between Fidelity Total Market Index Fund and S&P 500?

What's the difference between the S&P 500 and a total market index? The S&P 500 is 500 of the largest publicly-traded U.S. companies. A total market index aims to represent the entire stock market, including small-, mid- and large-cap companies.

Is Fidelity good for index funds?

Fidelity ZERO Large Cap Index (FNILX)

Expense ratio: 0 percent. That means every $10,000 invested would cost $0 annually. Who is it good for?: Great for investors looking for a broadly diversified index fund at a low cost to serve as a core holding in their portfolio.

Does Fidelity S&P 500 pay dividends?

Yes, FXAIX has paid a dividend within the past 12 months. How much is Fidelity 500 Index Fund's dividend? FXAIX pays a dividend of $0.55 per share. FXAIX's annual dividend yield is 1.76%.

How do I invest in the S&P 500?

The easiest way to invest in the S&P 500

The simplest way to invest in the index is through S&P 500 index funds or ETFs that replicate the index. You can purchase these in a taxable brokerage account, or if you're investing for retirement, in a 401(k) or IRA, which come with added tax benefits.

Does Fidelity have a Total Market index ETF?

Fidelity® Total Market Index Fund is a diversified domestic all-cap equity strategy that seeks to closely track the aggregate returns and characteristics of the Dow Jones U.S. Total Stock Market IndexSM.

What is the downside to Fidelity?

In most situations, you will find what you need at Fidelity. There are a few downsides. Fidelity does not offer cryptocurrency investing. The company is also missing some features found on other investment platforms, like futures trading and paper trading, where you can practice trading.

Why do people prefer Vanguard over Fidelity?

While both institutions offer robo-advisors, Vanguard's Personal Advisor Services, which is available to clients who can meet a $50,000 account minimum, offers a little more hands-on investment guidance and assistance with portfolio construction. Vanguard also has slightly lower expense ratios on its index funds.

Which is safer, Fidelity or Vanguard?

Bottom Line. Overall, Vanguard and Fidelity are both great choices. They offer a wide range of investment options, low costs, and hands-off or active management depending on your preference. When it comes to index funds, Vanguard is hard to beat, with hundreds of low-cost options.

How to buy S&P 500 on Fidelity?

What is the cheapest S&P 500 index fund?

What is the best index fund for beginners?

For beginners, the vast array of index funds options can be overwhelming. We recommend Vanguard S&P 500 ETF (VOO) (minimum investment: $1; expense Ratio: 0.03%); Invesco QQQ ETF (QQQ) (minimum investment: NA; expense Ratio: 0.2%); and SPDR Dow Jones Industrial Average ETF Trust (DIA).

Which Fidelity fund has the highest return?

Fidelity Blue Chip Growth Fund (FBGRX)

One of Fidelity's top-performing funds, FBGRX is also one of its oldest. Dating back to 1987, FBGRX has managed to outperform the Russell 1000 Growth Index since inception, returning an annualized 12.9% versus 11.5%.

Is my money safe at Fidelity?

Protecting your assets

With our Customer Protection Guarantee, we reimburse you for losses from unauthorized activity in your accounts. We also participate in asset protection programs such as FDIC and SIPC to help provide the best service possible.

Is Vanguard or Fidelity better for index funds?

Vanguard is best for:

Long-term or retirement investors. Those who prefer low-cost investments. Index fund and ETF investors.