Fidelity seems to be winning the race to zero for fees on index funds. Here we’ll check out the 5 best Fidelity index funds for investors in 2024.
// TIMESTAMPS:
00:00 - Intro - Fidelity Index Funds
00:59 - FXAIX
01:25 - FSKAX
01:47 - FSGGX
02:08 - FISVX
02:29 - FXNAX
02:49 - Outro
// SUMMARY:
Fidelity is one of the oldest and largest brokerage firms out there, closely rivaling and in some cases even beating Vanguard and Schwab on things like fees, fractional shares, margin rates, etc.
Fidelity has made a concerted effort of lowering its fees on its broad index funds in recent years, which in some instances are now the cheapest game in town, such as with their small line of ZERO funds with zero fees. Their mutual funds also have no minimum investment requirement, unlike Vanguard.
Note that so far Fidelity has kept its broad stock market index offerings (e.g. S&P 500, total U.S. stock market, etc.) as mutual funds; they don’t have ETFs available for these yet. So all the funds on this list are mutual funds. They do have some very affordable sector ETFs that I covered in a separate post here.
Where applicable, I’ve included the comparable ZERO fund, but just remember I detailed here how you cannot buy or transfer those outside of Fidelity, so keep that in mind.
Let’s dive into the best Fidelity index funds:
FXAIX - Fidelity 500 Index Fund
FSKAX - Fidelity Total Market Index Fund
FSGGX - Fidelity Global ex US Index Fund
FISVX - Fidelity Small Cap Value Index Fund
FXNAX - Fidelity U.S. Bond Index Fund
Read the blog post here: www.optimizedportfolio.com/fi...
#indexinvesting #mutualfunds #fidelity
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Disclaimer: This is not financial advice, investing advice, or tax advice. The information presented is for informational, educational, and entertainment purposes only. Investment products discussed are for illustrative purposes only. It is not a recommendation to buy, sell, or otherwise transact in any of the products mentioned. I always attempt to ensure the accuracy of information presented but that accuracy cannot be guaranteed. Do your own due diligence. All investing involves risk, including the risk of losing the money you invest. Past performance does not guarantee future results. Opinions are my own and do not represent those of other parties mentioned. Read my lengthier disclaimer here: www.optimizedportfolio.com/te...
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