Fidelity® 500 Index is one of the cheapest options for well-diversified, low-turnover, low-cost exposure to U.S. large-cap stocks. It delivers high-fidelity replication of the performance of the S&P 500, a market-cap-weighted portfolio representative of the large-blend Morningstar Category. Its razor-thin expense ratio gives the fund a durable performance edge over its category peers. These considerations earn it a Morningstar Analyst Rating of Gold.
Fidelity® 500 Index FXAIX
NAV / 1-Day Return
147.00
/
0.75
%
Total Assets
328.0 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.015%
Expense Ratio
0.015%
Fee Level
Low
Longest Manager Tenure
12.27
years
Category
Large Blend
Investment Style
Large BlendMin. Initial Investment
0
Status
Open
TTM Yield
1.35%
Turnover
7%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will FXAIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FXAIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FXAIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of FXAIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A well-constructed portfolio with an attractive price tag.
