The Fidelity 500 Index Fund (NASDAQMUTFUND: FUSEX) carries expense ratios ranging from 0.045% to 0.09% and does not charge any kind of sales fee, making it easily one of the best S&P 500 funds, and one of Fidelity's best mutual funds.
What is the expense ratio of fidelity 500 index fund?
Fidelity® 500 Index Fund has an expense ratio of 0.02 percent. Index funds are not immune to the volatility produced by stock markets. The market can rise and decline significantly due to economic and political factors. The fund is passively managed, so performance could be lower than an actively managed fund.
What is the fidelity SP 500 fund?
The Fidelity SP 500 Fund, FXAIX, was launched on 4th May 2011, exposing investors to 80% of the US investable equity market by tracking the S&P 500 index. It pools together 509 common stocks publicly traded in the US. However, exposure to all economic sectors coupled with pretty even weighting results in a fund that offers investors:
