Is Vfinx same as VFIAX?
Vanguard 500 Index Fund Investor Shares (VFINX) is the non-admiral version of the very popular index fund, VFIAX. VFINX provides investors with the same market exposure as its admiral version VFIAX but at a higher expense ratio of 0.14%. The equivalent ETF is again Vanguard’s S&P 500 ETF (VOO).
Which is better Vfinx or VFIAX?
While VTSAX provides exposure to the total stock market, VFIAX will provide exposure only to the largest companies in the stock market. As you’ll notice, VTSAX and VFIAX are similar in structure and in their top 10 holdings. Both index funds will provide you with similar returns over time.
What is fidelity equivalent of VFIAX?
Here’s an in depth look at the differences between Fidelity® 500 Index Fund($FXAIX) and Vanguard 500 Index Fund Admiral Shares($VFIAX). Both $FXAIX and $VFIAX are categorized as Mutual Funds. Mutual funds are often offered by 401(k) platforms and are essentially the same as ETFs.
Can I buy Vfinx through Fidelity?
For example, you can buy Vanguard’s flagship index fund, Vanguard 500 Index (VFIAX), through Fidelity, but you’ll pay a transaction fee to get it.
What’s the difference between vfinx and vfiax?
VFIAX is similar to VFINX in that they both track the S&P 500. VFIAX, on the other hand, is the Admiral Shares variant of Vanguard’s 500 Index Fund. It was created 11/13/2000 and offers a lower expense ratio but requires a larger minimum balance. The minimum balance for VFIAX is $3000.
What’s the difference between vfiax and Vanguard’s & P 500?
VFINX vs VFIAX: VFINX is Vanguard’s S&P 500 Index Fund for Investor Class Shares. VFIAX is Vanguard’s S&P 500 Index Fund for Admiral Class Shares. Although both track the S&P 500 Index, they differ in expense ratios and minimum account balance requirements. VFIAX’s Admiral Shares require more capital but have lower fees.
What’s the difference between Voo and vfiax mutual funds?
Performance over last 5 years: +11.66% The first difference you will notice is that VOO is an ETF, while VFIAX and VFINX are both index mutual funds. ETFs (short for exchange traded funds) and mutual funds differ in how they are traded and evaluated.
What’s the expense ratio of a vfinx mutual fund?
VFINX (Vanguard 500 Index Fund, investor share class) Type of investment: Mutual Fund Expense ratio: 0.14% Minimum investment: $3,000 Performance over last 5 years: +15.62%