Fidelity Total Market Index Fund (FSKAX) is a low-cost mutual fund that holds nearly 4,000 stocks. It's one of the largest funds in the market and has a wide-ranging portfolio that covers most of the US stock market. FSKAX is designed to track the performance of the Dow Jones Total Stock Market Index, which makes it a highly diversified and low-cost investment option.
FSKAX is an excellent investment option for long-term investors who are looking for a low-cost way to invest in the US stock market. The fund has a low expense ratio of just 0.015%, which means that investors can keep more of their earnings. Additionally, FSKAX has a low turnover rate, which means that investors can hold the fund for a long time without worrying about taxes.
VTSAX and FSKAX are often touted as two of the best total stock market index funds available, and even though they're similar on the surface, there are some key differences between the two. For investors trying to track the investable US stock market as closely as possible, FSKAX is the better option. This fund replicates the Dow Jones Total Stock Market Index more closely than VTSAX, which means that investors get a better representation of the entire US stock market.
Fidelity did just as well at following the Dow Jones Total Stock Market Index. FSKAX Tracking. Note that these two comparisons are not the exact...
Investors who are looking for a tax-efficient way to invest in the US stock market should consider FSKAX. Roth IRAs allow investors to avoid paying taxes on investment returns by investing after-tax income now. The Fidelity Total Market Index Fund (FSKAX) and the Fidelity 500 Index Fund (FXAIX) are excellent options for Roth IRA investors. Both funds are highly diversified and have low expense ratios.
So, to that end, consider one of the truly wide-ranging index funds with super low costs: Fidelity Total Market Index FSKAX, which covers the entire US market. Fidelity is one of the top fund providers in the world and has a long history of providing low-cost investment options to investors.
For investors who are looking for low-cost mutual funds, FSKAX is an excellent option. Fidelity offers some of the lowest-cost mutual funds in the market, which means that investors can keep more of their earnings. For example, three of the most expensive mutual funds while Vanguard (VFFSX, VSTSX) and Fidelity (FXAIX, FSKAX) mutual funds are among the cheapest.
Over the trailing 10 years, FSKAX has returned an annualized 11.3%. Fidelity 500 Index Fund (FXAIX) has returned an annualized 10.8% over the same period. Some investors prefer the name-brand recognition of the Fidelity 500 Index Fund, but FSKAX is a better option for investors who are looking for a more diversified investment option.
FSKAX - Fidelity Total Market Index Fund holds 316K shares representing 1.29% ownership of the company. No change in the last quarter. This indicates that FSKAX is a stable investment option that is not highly affected by short-term market fluctuations.