FXAIX - Fidelity ® 500 Index Fund (2024)

FAQs

Is FID 500 index FXAIX a good investment? ›

This fund scores Above Average because it delivered returns that were in the top 22.5% when compared to other funds within its Morningstar category.

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%.

Is FXAIX a Buy, Sell or Hold? Fidelity 500 Index Fund has a conensus rating of Moderate Buy which is based on 394 buy ratings, 104 hold ratings and 8 sell ratings.

FXAIX pays dividends quarterly. Last paid amount was $0.702 at Dec 15, 2023.

Last dividend for Fidelity 500 Index Fund (FXAIX) as of April 24, 2024 is 0.55 USD. The forward dividend yield for FXAIX as of April 24, 2024 is 1.28%. Average dividend growth rate for stock Fidelity 500 Index Fund (FXAIX) for past three years is 5.05%.

Returns. This fund scores Above Average because it delivered returns that were in the top 22.5% when compared to other funds within its Morningstar category.

The year-to-date returns for both investments are quite close, with SPY having a 6.71% return and FXAIX slightly higher at 6.76%. Both investments have delivered pretty close results over the past 10 years, with SPY having a 12.53% annualized return and FXAIX not far ahead at 12.69%.

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).

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.

Fidelity 500 Index (FXAIX): Best large-cap 401(k) investment. Vanguard Mid-Cap Index Institutional (VMCIX): Best mid-cap 401(k) investment. Vanguard S&P Small-Cap 600 Index (VSMSX): Best small-cap 401(k) Investment.

There are multiple ways to earn money on Fidelity, including investing in dividend stocks, generating passive income streams, contributing to retirement savings, and benefiting from long-term investment growth.

FXAIX Fund Profile

The fund invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of large-cap companies.

FXAIX pays a dividend of $0.55 per share.