FSKAX vs VOO
Fidelity Total Market Index Fund vs Vanguard S&P 500 ETF
Buy FSKAX if…
- •You want lower costs (0.01% vs 0.03%)
- •You value a longer track record
Buy VOO if…
- •You prefer higher liquidity and trading volume
- •You prioritize historical performance
- •You want stronger recent performance
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FSKAX
The fund normally invests at least 80% of assets in common stocks included in the Dow Jones U.S. Total Stock Market Index, which represents the performance of a broad range of U.S. stocks. The index is a float-adjusted market capitalization-weighted index of approximately 5,000 common stocks of companies headquartered in the United States, on a primary U.S. exchange.
VOO
The fund employs an indexing investment approach designed to track the performance of the Standard & Poor's 500 Index, a widely recognized benchmark of U.S. stock market performance that is dominated by the stocks of large U.S. companies. The advisor attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.