give me fxaix performance
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Answer
The performance of the Fidelity 500 Index Fund (FXAIX) is as follows:
- Current Price: $175.77
- Previous Close: $176.18
- 52-Week High: $213.65
- 52-Week Low: $172.54
- Year-to-Date Change: -2.46%
The fund has experienced a decline recently, moving from a high of $213.65 to its current price. The 200-day average is $200.32, which also indicates a downward trend over the past year.
What are the fees associated with investing in FXAIX?
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Answer
The Fidelity 500 Index Fund (FXAIX) has the following fees:
- Expense Ratio: 0.015%, which is quite low compared to the category average of 0.76%.
- Management Fee: 0.01%.
- Turnover Rate: 2.00%, indicating low trading fees due to infrequent trading.
- No Front Load or Deferred Load Fees.
There are no transaction fees for investing in FXAIX, but a short-term redemption fee may apply if shares are redeemed within 90 days source source.
What are the historical returns of FXAIX over the past 5 years?
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Answer
The historical returns of the Fidelity 500 Index Fund (FXAIX) over the past 5 years are as follows:
- 2020: +18.40%
- 2021: +28.70%
- 2022: -18.10%
- 2023: +19.60%
- 2024: +26.89%
These returns reflect the fund's performance, aligning closely with the S&P 500 Index, which it tracks. The volatility in returns is mainly due to broader market fluctuations and economic conditions.