One of the best S&P 500 Index funds on the market, FXAIX (formerly FUSVX), does a great job tracking the S&P 500. It has one of the lowest expense ratios (0.015%) in the entire mutual fund universe.
Is FXAIX a good index fund?
Fidelity 500 Index Fund (ticker: FXAIX)For investors seeking exposure to the S&P 500, Steve Azoury, president of Azoury Financial in Troy, Michigan, likes FXAIX, calling it “a nice index fund that is very consistent with very low fees.” It has an extremely low expense ratio of 0.015%, or $1.50 for every $10,000 …
How tax efficient is FXAIX?
FXAIX is a great fund and very tax efficient. It is more tax efficient then ITOT as I have done the math (80% vs 83%) take home after taxed distributions and sale of fund shares in my tax bracket. It is more then just capital gains. It is the expense ratio, turnover rate and internal factors.
Which is better Fxaix or Fskax?
FSKAX has a higher 5-year return than FXAIX (17.36% vs 17.33%). FSKAX and FXAIX have the same expense ratio (0.02%).
FSKAX vs FXAIX.
Which is better Vfiax or Fxaix?
FXAIX has a higher 5-year return than VFIAX (17.33% vs 17.31%). FXAIX has a lower expense ratio than VFIAX (0.02% vs 0.04%). Below is the comparison between FXAIX and VFIAX.
Does Fidelity S&P 500 pay dividends?
Fidelity Equity Dividend Income Fund (FEQTX)
The Fidelity Equity Dividend Income Fund is an actively managed mutual fund that aims to exceed the yield of the S&P 500 Index. … FEQTX invests typically 80% of its assets in stocks that offer dividends and have the potential for long-term capital appreciation.
Does spy charge a fee?
The fund has a gross expense ratio of 0.095%. While this ratio is low, it is not the lowest among other ETFs that track the S&P 500 Index. SPY’s expense ratio is more than triple the Vanguard S&P 500 ETF’s expense ratio of 0.03%. These fees do not include any broker fees or commissions.
What is the best S&P 500 index fund?
Best S&P 500 Funds Right Now
- SPDR S&P 500 ETF (NYSEARCA: SPY) …
- iShares Core S&P 500 ETF (NYSEARCA: IVV) …
- Vanguard S&P 500 ETF (NYSEARCA: VOO) …
- iShares S&P 500 Growth ETF (NYSEARCA: IVW) …
- SPDR Portfolio S&P 500 Growth ETF (NYSEARCA: SPYG) …
- Invesco S&P 500 Equal Weight ETF (NYSEARCA: RSP)
Is Fskax tax efficient?
Re: Fskax tax efficiency
For 2019 FSKAX was more tax efficient than VTI for all taxpayers except those with state income tax rates > 8%. This was because FSKAX had 100% qualified dividends vs. 94.9% for VTI, which more than compensated for the capital gain distributions.
Is Fxaix actively managed?
The fund is passively managed, so performance could be lower than an actively managed fund. Performance of the fund also may vary from performance of the index fund it tracks.