give me the fidelity s and p 500 stock ETF?
Sources
Answer
The Fidelity S&P 500 ETF is represented by the Fidelity 500 Index Fund (FXAIX). Here's a quick overview:
Fidelity 500 Index Fund (FXAIX)
- Net Assets: $512.3 billion
- Expense Ratio: 0.015%
- Trailing 12-month Yield: 1.4%
- Inception Date: February 17, 1988
- Three-Year Average Annual Return: 8.1%
Current Market Data (as of April 13, 2025)
- Last Price: $186.26
- Day High/Low: $186.26 / $186.26
- 52-Week High/Low: $213.65 / $172.54
FXAIX tracks the S&P 500 index, which includes the 500 largest public companies in the U.S., offering low-cost access to a diversified portfolio.
Additional Information
- Historical Average Annual Return: Approximately 9% from 1993 to 2023, net of inflation and including dividends.
Sources
- Forbes - Best Fidelity Index Funds (Accessed on April 13, 2025)
- Yahoo Finance Data for FXAIX (Accessed on April 13, 2025)
Disclaimer: This information is for educational purposes only and should not be considered financial advice. Always conduct your own research or consult with a financial advisor before making investment decisions.
what are the fees with Fidelity 500 Index Fund (FXAIX)
Answer
The Fidelity 500 Index Fund (FXAIX) has an expense ratio of 0.015%. This is one of the lowest fees available for index funds, making it a cost-effective option for investors looking to track the S&P 500. There are no additional fees for purchasing or selling shares of this fund when managed directly through Fidelity.
Disclaimer: This information is for educational purposes only and should not be considered financial advice. Always conduct your own research or consult with a financial advisor before making investment decisions.