FXAIX vs VOO: Which S&P 500 Index Fund Is Better?

This is a comparison between FXAIX (Fidelity 500 Index Fund) and VOO (Vanguard S&P 500 ETF). Compare fees, performance, dividend yield, and holdings to see which S&P 500 Fund is suitable for your investment portfolio.

DISCLAIMER: I am not a financial advisor. These videos are strictly for educational purposes. Do your own research. Consult a professional investment advisor before making any investment decisions!

[akin]

Objective performance: FXAIX is the winner 🏆 by a slight margin of 3 basis points per year (5 year basis). FXAIX also has the expense ratio advantage with 0.015% vs 0.03%. That is 50% lower.

The only advantage VOO has is tax efficiency in a regular brokerage account. VOO in a regular brokerage account, and FXAIX in a 401k and IRAs.

[noahma]

i went with fxaix when i opened my fidelity. going to be putting in money monthly for the next 20 years i hope :)

[boomn]

One nice thing about the Fidelity account is you can buy both.

[emmetts]

Is there any disadvantage to buying VOO on Fidelity as opposed to Vanguard?

[Thast]

I have VOO in my portfolio through Etrade and I can (if I wanted to) buy fractional shares of this particular etf.

[Jaguar]

Fidelity found out that their own mutual fund is better, what a surprise

[shirwaikar]

Fractional investing with VOO is possible -- not sure why you say that we need to buy at least 1 share in a transaction..

[RG-wyol]

I have a roth account they do the investing for me but the $ I have just sitting there how do I invest this myself into FXAIX or VOO???

[FortnitefanYT]

These two are both excellent funds. Vanguard was the first at index funds. Now Fidelity is as good. I own Vanguard funds but am thinking of moving some money over too fidelity.

[miguelena]

ok but every time I look for it the ex date is expire my question is when is the moment to invest and obtain dividends

[adeemunoz]

I have my brokerage in Fidelity so I went with Fidelity.

[GWH]

Which is better for a taxable brokerage account ?

[sethw]

Im a little torn. I've been watching videos on VOO a lot and have heard about its strong buy rating. Today in 2024 (Jan. 23rd) VOO sits at 445.62$ per share. It has a return of about $1.59 quarterly. But FXAIX is 168.42$ which is about 30% the cost at .56c return quarterly. I have about 10.54K sitting in retirement just in cash and cant decide whether 23 shares of VOO is justifiable over 62 shares of Fidelity, with that much to invest. I guess the difference is negligible because based on my calculations VOO will return about 10$ more per year ($150 and change) yearly at 23.65 shares than FXAIX at $140+ (62.6 shares). To me the difference means that I can buy almost a whole extra share of Fidelity at 140 than about ⅓ share of VOO on returns, yearly

[marthaayalew]

The fee is not much a difference between these two. The main difference is with the tax. You don't pay tax with etf until you pull your money out where as fxiax, u pay tax each yr regardless taking money out or not. I have fxiax, waiting for stock market to get better so I can switch to etf. Voo is a winner for me.

[rkgsd]

The YouTube channel is named UseFidelity. Kind of obvious which one is going to be recommended.

[gvue]

Weird to have a automated lady on screen. The lipsync is off by a mile

[joshlawless]

SWPPX? Thoughts going with that vs VOO.

[Markazoid]

voo has a better rate and Ican do limit orders. And can trade all day.