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by klos ✦

FXAIX vs VOO

Fidelity 500 Index Fund vs Vanguard S&P 500 ETF

Buy FXAIX if…

  • You have a Fidelity account
  • You passively save for retirement

Buy VOO if…

  • Your brokerage is not Fidelity
  • You like to make trades intraday
Type
Mutual Fund
ETF
Issuer
Fidelity
Vanguard
Holdings
10
503
Index
S&P 500
AUM
$739B
$823B
Inception
1988
2010

Key Metrics

Expense Ratio
0.01%
0.03%
Dividend Yield
+1.12%
+1.15%
Daily Liquidity
0
7.42M
Risk (β)
1.00
1.00

Cost Calculator

$
%
FXAIX Fees
$0
VOO Fees
$0

Annualized Returns

YTD
+18.06%
+17.68%
1 Year
+14.71%
+14.33%
3 Years
+20.64%
+20.49%
5 Years
+14.97%
+14.87%
10 Years
+14.82%
+14.56%

Top 10 Holdings

APPLE INC
7.24%
NVIDIA Corporation
8.46%
NVIDIA CORP
6.07%
Apple Inc
6.87%
MICROSOFT CORP
5.84%
Microsoft Corporation
6.59%
AMAZON.COM INC
3.93%
Amazon.com Inc
4.06%
META PLATFORMS INC CL A
2.88%
Broadcom Inc
2.98%
ALPHABET INC CL A
1.97%
Alphabet Inc Class A
2.80%
BERKSHIRE HATHAWAY INC CL B
1.87%
Meta Platforms Inc.
2.41%
BROADCOM INC
1.84%
Alphabet Inc Class C
2.25%
ALPHABET INC CL C
1.62%
Tesla Inc
2.19%
TESLA INC
1.62%
Berkshire Hathaway Inc
1.50%

Related Comparisons

Compare FXAIX to:

Compare VOO to:

Pick Your Platform

FXAIX and VOO both track the S&P 500 index, and the performance is virtually identical, around 14-15% annually over the past decade.

The main difference?

FXAIX is Fidelity's mutual fund with a super cheap 0.015% expense ratio, while VOO is Vanguard's ETF at 0.03%. That's a tiny cost difference (we're talking maybe $1.50 per $10k invested annually) — basically meaningless. The real decision comes down to structure and where you're investing.

If you're using a Fidelity account or want to set-and-forget with automatic dividend reinvestment in a retirement account, FXAIX is perfect. If you prefer ETFs, want to trade throughout the day, or you're investing in a taxable account where tax efficiency matters more, go with VOO.

Jan Klosowski
Read blog →

Sector Breakdown

FXAIX VOO