FXAIX – Fidelity 500 Index Fund Tracking the Performance of the S&P 500 for Long-Term Wealth Growth
Apr 20, 2026
Fidelity 500 Index Fund (FXAIX) is trading at $245.49 today (April 22, 2026), down slightly from its previous close of $247.06, but still showing a very strong one‑year return of +39.5%. With ultra‑low fees (0.015%) and $715B in assets, it remains one of the most popular S&P 500 index funds. MSN Money
📊 FXAIX Performance Snapshot
- Current Price: $245.49
- Previous Close: $247.06
- Change: –$1.57 (–0.63%)
- 1-Year Return: +39.51%
- Net Assets: ~$715B
- Expense Ratio: 0.015% (extremely low)
- Dividend Yield (TTM): ~1.16%
- Holdings: ~505 stocks, replicating the S&P 500
📰 Latest News & Market Context
- Tech Sector Strength: Nvidia, Apple, Microsoft, Amazon, and Alphabet continue to dominate FXAIX’s top holdings.
- Investor Sentiment: Analysts highlight FXAIX as a core holding for long‑term investors due to its low fees and broad exposure.
- Comparison with Vanguard’s VFIAX: Both track the S&P 500, but FXAIX has a lower expense ratio (0.015% vs. 0.04%) and no minimum investment requirement, making it more accessible.
- Macro Factors: U.S. equities remain resilient amid easing geopolitical tensions and strong corporate earnings.
📋 FXAIX News Table
| Metric | Value | Notes |
|---|---|---|
| Price | $245.49 | April 22, 2026 |
| 1-Year Return | +39.51% | Strong rebound |
| Expense Ratio | 0.015% | Lower than Vanguard’s VFIAX |
| Dividend Yield | 1.16% | Paid quarterly |
| Net Assets | $715B | One of the largest index funds |
| Holdings | 505 | Replicates S&P 500 |
| Accessibility | No minimum investment | Easier entry vs. VFIAX ($3,000 minimum) |
⚠️ Risks & Considerations
- Concentration Risk: Heavy tilt toward tech stocks means volatility if the sector weakens.
- Market Exposure: FXAIX tracks only large‑cap U.S. companies, missing mid‑ and small‑cap growth.
- Alternative Options: Vanguard’s VTSAX offers total U.S. market exposure, while VTIAX adds international diversification.
