What Fidelity funds beat the S&P 500? (2024)

What Fidelity funds beat the S&P 500?

For large cap stocks, there are funds that have beaten S&P500 consistently for over 40-50 years. Fidelity's Contrafund has beaten the market since inception in the 60s. Fidelity growth company and blue chip growth since the 80s. American century's large cap funds (TWCIX, TWCGX, TWCUX) since 70s.

Which Fidelity funds beat the S&P 500?

On average, the Fidelity Contrafund has beaten the S&P 500 Index by 2.57% per year. Growth of $10,000 invested in Contrafund versus S&P 500 Index, September 17, 1990 to December 31, 2023. Total value December 31, 2023 for Contrafund was $637,227, compared to $296,182 for the S&P 500 Index.

What is the best Fidelity S&P 500 index fund?

Our recommendation for the best overall S&P 500 index fund is the Fidelity 500 Index Fund. With a 0.015% expense ratio, it's the cheapest on our list. And it doesn't have a minimum initial investment requirement, sales loads or trading fees.

What is the fidelity fund that mirrors the s&p 500?

Fidelity^® 500 Index Fund is a diversified domestic large-cap equity strategy that seeks to closely track the returns and characteristics of the S&P 500^® index.

Which Fidelity fund has the highest return?

Fidelity Blue Chip Growth Fund (FBGRX)

One of Fidelity's top-performing funds, FBGRX is also one of its oldest. Dating back to 1987, FBGRX has managed to outperform the Russell 1000 Growth Index since inception, returning an annualized 12.9% versus 11.5%.

Is Fidelity Contrafund better than the sp500?

Key Morningstar Metrics for Fidelity Contrafund

The fund's roughly 13% annualized gain over the past decade beat the S&P 500 (the fund's broad-market prospectus benchmark) and ranked among the best-performing third of funds in either the large-blend or large-growth Morningstar Categories.

Should I buy Spy or FXAIX?

SPY - Performance Comparison. The year-to-date returns for both stocks are quite close, with FXAIX having a 6.34% return and SPY slightly lower at 6.27%. Both investments have delivered pretty close results over the past 10 years, with FXAIX having a 12.64% annualized return and SPY not far behind at 12.48%.

Is Vanguard or Fidelity better for index funds?

Bottom Line. If you want to actively trade within your accounts, Fidelity might be the better option. However, if you want to focus more on index investing, or you want to use a robo-advisor, Vanguard has a slight edge.

Is FXAIX a good long term investment?

Its 10-year average return, as of July 2023, is 12.85%. The fund's five managers have an average tenure of 7.5 years managing the fund, with the longest-serving at 14 years. FXAIX is inexpensive, and it performs well—and it comes from one of the most trusted names in low-cost investing.

Is Fidelity financially stable?

Fidelity was voted the most trusted wealth management company for 2023 by the readers of Investor's Business Daily,⁹ earning top rankings for "financial soundness, quality of products and services, protecting privacy and security, and sensitivity to customer needs."

Which index funds to buy on Fidelity?

What is the return on Fidelity 500 Index Fund?

Can I invest in S&P 500 through Fidelity?

The investment objective of the Fidelity 500 Index Portfolio is to provide investment results that correspond to the total return (i.e., the combination of capital changes and income) of common stocks publicly traded in the United States as represented by the Standard & Poor's 500 Index (S&P 500), while keeping ...

What are the best Fidelity funds for income?

Which investment has the highest potential return?

The U.S. stock market is considered to offer the highest investment returns over time. Higher returns, however, come with higher risk. Stock prices typically are more volatile than bond prices.

Is my money safe at Fidelity?

Protecting your assets

With our Customer Protection Guarantee, we reimburse you for losses from unauthorized activity in your accounts. We also participate in asset protection programs such as FDIC and SIPC to help provide the best service possible.

Is anything better than the sp500?

The S&P 500's track record is impressive, but the Vanguard Growth ETF has outperformed it. The Vanguard Growth ETF leans heavily toward tech businesses that exhibit faster revenue and earnings gains. No matter what investments you choose, it's always smart to keep a long-term mindset.

How many mutual funds beat the S&P 500?

S&P Dow Jones Indices' scorecard compares the performance of actively-managed mutual funds to major indices. It found that over the course of one year, 51.08% of actively-managed mutual funds underperformed the S&P 500, and 48.92% of actively-managed funds outperformed the S&P 500.

Is Contrafund still a good buy?

Overall, Fidelity Contrafund K ( FCNKX ) has a high Zacks Mutual Fund rank, and in conjunction with its comparatively strong performance, average downside risk, and lower fees, this fund looks like a good potential choice for investors right now. Your research on the Large Cap Growth segment doesn't have to stop here.

Why is FXAIX cheaper than VOO?

FXAIX has a slightly lower expense ratio, which gives the mutual fund a slight (and insignificant) performance edge. FXAIX is much older and larger than VOO. Both metrics are insignificant in a decision between the funds. The dividend payout schedules for the funds vary slightly.

Why is FXAIX a good investment?

FXAIX has generated a positive alpha over the past five years of 0.02, demonstrating that managers in this portfolio are skilled in picking securities that generate better-than-benchmark returns. Investigating the equity holdings of a mutual fund is also a valuable exercise.

Is FXAIX a good retirement fund?

Fidelity 500 Index (FXAIX): Best large-cap 401(k) investment. Vanguard Mid-Cap Index Institutional (VMCIX): Best mid-cap 401(k) investment. Vanguard S&P Small-Cap 600 Index (VSMSX): Best small-cap 401(k) Investment.

What is the downside to Fidelity?

thumb_down_off_alt Cons

Though Fidelity largely avoids nuisance fees such as charges for transferring an account out, its margin rates and options fees are higher than brokers that cater to active traders. Its desktop trading platform, Fidelity Active Trader Pro, could use an overhaul.

Why do people prefer Vanguard over Fidelity?

Performance and Cost. As the innovator of index funds, Vanguard offers an impressive range of index funds today with low expense ratios. Fidelity has a comparable selection of funds, but its fees generally aren't as competitive as Vanguard's. That said, Fidelity does offer some zero-cost funds for its customers.

Why choose Fidelity over Vanguard?

(Although Vanguard offers some actively managed funds, too.) Fidelity has a wider range of investment funds if you want active management, and a more robust array of services if you want to buy and sell individual stocks.