Does Fidelity have an S&P 500 ETF?
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.
Our recommendation for the best overall S&P 500 index fund is the Fidelity 500 Index Fund (FXAIX). With a 0.015% expense ratio, this fund is the cheapest one on our list. In addition, the fund does not have a minimum initial investment requirement, sales loads or trading fees.
FXAIX - Fidelity ® 500 Index Fund.
The investment objective of the Fidelity 500 Index Portfolio is to provide investment results that correspond to the total return (i.e., the combination of capital changes and income) of common stocks publicly traded in the United States as represented by the Standard & Poor's 500 Index (S&P 500), while keeping ...
The VOO Fidelity mutual fund equivalent is FXAIX, the Fidelity ® 500 Index Fund.
If you want to actively trade within your accounts, Fidelity might be the better option. However, if you want to focus more on index investing, or you want to use a robo-advisor, Vanguard has a slight edge.
The largest Fidelity ETF is the Fidelity MSCI Information Technology Index ETF FTEC with $9.16B in assets. In the last trailing year, the best-performing Fidelity ETF was FDIG at 88.78%. The most recent ETF launched in the Fidelity space was the Fidelity Wise Origin Bitcoin Fund FBTC on 01/11/24.
FXAIX (Fidelity 500 Index Fund) and VOO (Vanguard S&P 500 ETF) are two investment options that offer to return similar returns to the S&P 500. In large part, these two investment options are very similar, except FXAIX is a mutual fund offered by Fidelity, and VOO is an exchange-traded fund (ETF) offered by Vanguard.
Last dividend for Fidelity 500 Index (FXAIX) as of Feb. 17, 2024 is 0.70 USD. The forward dividend yield for FXAIX as of Feb. 17, 2024 is 1.60%.
Fidelity 500 Index Fund (FXAIX) | Fidelity Institutional.
Can I buy Vanguard ETF with Fidelity?
Fidelity, Charles Schwab, TD Ameritrade, E-Trade, and Interactive Brokers are among the financial services firms that sell Vanguard Funds.
VOO - Performance Comparison. The year-to-date returns for both stocks are quite close, with FXAIX having a 5.15% return and VOO slightly lower at 5.09%. Both investments have delivered pretty close results over the past 10 years, with FXAIX having a 12.68% annualized return and VOO not far behind at 12.59%.
The Fund seeks to provide investment results that correspond to the total performance of common stocks publicly traded in the United States. It invests in common stocks included in the S&P 500 Index, a widely recognized, unmanaged index of common stock prices, and broadly represents the performance of common stocks.
Fidelity's actively managed ETFs seek better investing outcomes* and offer trading flexibility along with potential tax efficiency. *While active ETFs offer the potential to outperform an index, these products may more significantly trail an index as compared with passive ETFs.
Performance and Cost. As the innovator of index funds, Vanguard offers an impressive range of index funds today with low expense ratios. Fidelity has a comparable selection of funds, but its fees generally aren't as competitive as Vanguard's.
The answer depends on you and your investment goals. There's no reason you can't have accounts with both Fidelity and Vanguard (among others). You'll have two (or more) sets of statements to review, multiple phone numbers to remember, several websites to navigate and hundreds of funds to understand and monitor.
Its low expense ratio and strong track record of tracking the index make it a great option for those simply looking to match the S&P 500. This year, Vanguard S&P 500 ETF shareholders have been treated to a return of around 17%. But those returns were driven by just a handful of megacap stocks held by the fund.
SCHD - Performance Comparison. In the year-to-date period, FDVV achieves a 2.63% return, which is significantly higher than SCHD's 1.12% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Fidelity® New Millennium ETF* Invests across sectors and market caps in emerging growth stocks that may benefit from opportunities created by long-term changes in the market.
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 Fidelity equivalent of S&P 500?
FXAIX - Fidelity ® 500 Index Fund | Fidelity Investments.
FXAIX is a mutual fund. Because index-tracking funds will follow the performance of the index, one of, if not the, biggest determinant of long-term returns is how much it charges in fees.
The choice comes down to what you value most. If you prefer the flexibility of trading intraday and favor lower expense ratios in most instances, go with ETFs. If you worry about the impact of commissions and spreads, go with mutual funds.
The fund normally pays dividends in April, July, October, and December and capital gain distributions in April and December.
The SPDR S&P 500 ETF, which trades under the ticker SPY, is the oldest and biggest ETF to track the S&P 500, with about $425 billion in assets under management. It's administered by State Street Global Advisors. It pays a dividend quarterly and had a yield of about 1.3% as of November 2021.
