Fidelity Total Market Index
FSKAX (NASDAQ)
Fidelity Total Market Index (FSKAX) is an attractive option for investors seeking comprehensive diversification across the entire U.S. stock market. With a low expense ratio of just 0.015% and a solid dividend yield of 1.01%, it has demonstrated impressive returns, achieving a 15.26% gain over the past year and a remarkable 75.96% over the last five years. Morningstar has recognized this fund with a 3-star rating, reflecting its competitive risk-adjusted performance within its category.
Pros:
- Comprehensive diversification
- Strong historical returns
Cons:
- Higher expense ratio compared to some index funds
- Market risk exposure
Fidelity Total Market Index (FSKAX) may be suitable for long-term investors seeking broad exposure to the U.S. stock market with minimal costs. Its strong historical performance and low expense ratio make it a compelling choice for those looking to diversify their equity investments while maintaining a focus on overall market trends.
