Fxaix vs vtsax reddit. Vanguard’s fund has a $3,000 minimum investment vs $0 for SWPPX vs SWTSX vs 401k FXAIX. You can use FXAIX for the former and VIEIX for the latter. I get his point, and after comparing the expense ratio which is 0 vs 0. At 37 your biggest positive is your age. McKnuckle_Brewery. CITs operate differently, so fees can be significantly reduced to the benefit of the plan and its participants. It is a "passively" managed mutual fund designed to track the S&P500 index. VOO = S&P 500 fund. I would buy FXAIX but I would add to it an international portion and a bond portion. Aug 8, 2023 · In this video, we'll be comparing two of the most popular Fidelity index funds, Fidelity's FXAIX & FSKAX. 65%. SCHG has around 250 stocks in it and is focused on large cap growth. I feel like I’m doing this wrong. TechTen1010. The fund owns shares of the largest 500 U. The Fidelity S&P 500 Index Fund (FXAIX) and the Fide I went with FXAIX as my large cap, then added a mid and small cap Fidelity fund, and an International fund to add some diversity. At least in the past few years, it appears the higher ER would likely have been more significant than the tax drag on capital gains distributions, but this provides no guarantees around the future. Though, the Fidelity fund is still large. One slight difference is FXAIX has a lower expense ratio than VOO, but the difference is too small to have a notable impact -- 0. The reason I chose to switch to fspgx is the price point. If you don't have load fees thrush brokerage, it's a good substitute! Though wonder why the yield for FSKAX is lower at 1. Apr 14, 2023 · As of April 2023, FXAIX, which was created in 1998, has assets that total $364 billion invested in 506 different holdings. It is ETF sub just so you know. • 2 yr. VTSAX is much broader than the S&P 500. In the last 5 years, FXAIX has returned 11. My job offers a 401k in Principal, there's a Fidelity 500 ETF in there FXAIX. FXAIX has 224 Billion in assets under management, while VTSAX has 872 Billion . The returns seem to be comparable on both of these. My question is since both are total market index funds and perform based on the market what is the point of investing in the one that charges fees versus the zero fund? Am I missing something here? FSKAX has about 3,500 holdings VOO and VTI are different from FXAIX and FZROX as to the type of investment vehicle. FSKAX is going to result in three times as much tax. 015%. Dividend payout frequency - FSKAX pays out semi-annually while FZROX is only once a year. 4. The difference in returns can be a bias due to send date selection/recency, as there are plenty of times where the extra holdings will pay FSKAX ahead of FXAIX. Age - FZROX is a relatively newer fund with less history but both are Fidelity so not really a big concern. 015% vs 0. Minafi categorizes both of these funds as large funds. This means Fidelity doesn't have to pay S&P to use their index. So assuming the capital gains per dollar turned over are the same, FXAIX has best tax efficiency at 4 percent of shares subject to tax. Average performance over the past 50 years is for all practical purposes identical. 45% of FSKAX). 015%). 01% fee difference will not not ruin you financially. You should look at the capital gain or loss on your investment so far. FXAIX is a mutually fund. The top 500 USA stocks on the stock market. Even if it was . FXAIX is also market-cap-weighted but has only 500 stocks. Index mutual funds track market indexes, such as the S&P 500. I started very heavy on fxaix and then switched to heavy fspgx over a year ago. For now, this may change in the next few years, ETFs like VTI can be sightly more tax efficient. 22%. VFIAX is the 500 index, or 80% of the US stock market (large cap stocks) VTSAX is the entire US stock market, so include the 500 index plus the remaining 20% (small cap, mid cap) If you look at their long term returns, they're quite similar. FXAIX has yielded 12% YoY over the last 10 years. VTSAX was established 11 years earlier. FSKAX hasn't paid a cap gain distribution since April of 2019. FDKLX is a Target Date fund. As a market-cap-weighted index, the top 500 stocks in FSKAX make up a high percentage of the fund. large caps. And fskax (and fxaix) have such low expense ratios that the zero expense nature of fzrox is so insignificant when making that choice. Yeah the expenses here don’t matter. In the last 5 years, FSKAX has yielded 97% to FXAIX's 90%, for example. Despite these differences, the total return between these two funds is nearly identical and I consider them interchangeable for all intents and purposes. 95 transaction fee. FSKAX includes small-, mid-, and large-cap stocks. VTSAX is a mutual fund whose only holding is VTI. So the real comparison is FSKAX and SWTSX. 51% compared to the 21. r/Bogleheads. Reply. 1. For example, VTSAX / FSKAX has N = 3883 and VOO / FXAIX has N = 500. And for what? 80 percent of FSKAX’s performance is from the sp500. indices (the Dow Jones Industrial Average and Nasdaq 100 being the other two). But fskax contains more than fzrox. . S. What you'd look for is the "capital gains distributions" - ETFs can usually avoid those, Fidelity mutual funds can't yet. Almost identical returns to VTI though FSKAX has a lower expense of . There are so many funds in Fidelity. Currently i am investing in FZROX and a friend of mine said, FZROX is not transferrable to any other Brokerage account and suggested me to consider FSKAX, so that if needed i could get it converted to VTSAX in Vanguard. The fund tracks more than 4,000 stocks. FXAIX is a Fidelity clone of Vanguard's VOO/VFIAX. If the extended market holdings of FSKAX outperform, FSKAX benefits, but FXAIX will see any of that benefit. I do further diversification after I roll my 401k to an IRA when I leave my job. 5. If you buy an ETF like VTI at Fidelity, it's free. A better approach may be to simply use a total stock index and take guessing out of the pictureor mimic the Three Fund Portfolio using index funds. 03% = $15 in fees for VOO, IVV, or SPLG. g. New 20 y/o investor here. Broad market, 0 fees. In short, it's as good as the best of Vanguard's funds and there's no reason to sell it if it will Jan 10, 2023 · The big difference between this fund and the one above is the number of stocks and which stocks are included in the index. That means they are super low ER. But FSKAX + FTIHX has greater exposure to types of companies that have done better historically, so that's closer to how I personally invest my money. Remember to treat everything as a single, cohesive unit. RameshKapoor1947. Years ago I opened a robo-advisor account (Fidelity Go) which invested in FDFIX (Fidelity® Flex 500 Index Fund). If you just want an equity fund, you will do slightly better by investing in a total equity fund instead of S&P500. It’s redundant since ~85% of total market funds (FSKAX) is the S&P500 (FXAIX). Pretty much the same, although the tax treatments of VTI/VXUS would be preferable if youre investing in a taxable account. Jan 26, 2023 · Both FXAIX and VTSAX offer low expense ratios and are suitable for long-term investors. Look at the top holdings of VEXPX, I don’t even recognize any company. 4,000 different stock holdings. VTTSX had yielded 8% YoY over the last 10 years. FXAIX has a lower expense ratio than VTI, which means you pay less in fees when you invest in this fund. Because of this, it will perform slightly better during a bull run, but slightly worse during a market downturn. No one can predict the future, and maybe VEXPX will outperform it, but it is significantly more expensive, significantly Fund Size Comparison. Bogleheads typically recommend some type of three-fund portfolio, which is comprised of US equities, international / ex-US equities, and bonds. 03% One reason I want to do this anyway is because I want to convert the FXAIX and FNCMX mutual funds to IVV and QQQ ETFs but then this gets to the market timing aspect of it. VOO and VTI are Exchange Traded Funds. you broke even for the year. The Underlying Indexes are different VOO = S&P 500 SCHG = Dow Jones US Total Stock Market Large-Cap Growth. VTSAX and VFIAX have been nearly 100% correlated for the last 20 years (unsurprisingly because VFIAX is about 85% of VTSAX by weight). I’m with Schwab as well. There's no reason to use the three funds to mimic the single total market fund. So if you really want a Vanguard fund, then buy VTI. 53. Ultimately both of the two portfolios would be considered well-diversified and it would be hard to make a serious argument against either of them. 2 trillion. If FXAIX does well, FSKAX will also do well. 679 subscribers in the ArrestYourDebt community. com and input VTSMX (oldest share class of VTI) and compare with VFINX (oldest share class of VOO). Simply choose 1 from S&P 500 group or 1 from the US total stock market group and aggressively auto-invest. I’m leaning on FZROX because it’s cheaper to buy shares and has no expense on the FZROX is the way to go. But if I were you, I'd put your Roth IRA money in FZROX instead. VTSAX is an example of a mutual fund where there a “paired” ETF in the form of VTI. The primary difference between them is FSPGX has a more aggressive approach, with heavier allocations to the magnificent 7. I guess FXAIX has an expense ratio of 0. VOO is just roughly 500 U. The VTSAX index includes 3,945 stocks, more than eight times the number you get with VFIAX. 60% FSKAX (or 48% FXAIX/12% FSMAX)/40% FTIHX. It gives me total US market exposure, and allows me to sell covered calls to increase my returns. These have been my primary investment for the last 3-5 years. 015%, versus VTSAX 0. FXAIX covers the S&P 500 so that gives you good diversification. The 2023 IRA maximum contribution limit is $6,500, for those under age 50, and $7,500 for those age 50 and older. Jan 3, 2023 · VTSAX is one of the largest funds in the world, and it’s a good option for investors of all skill levels. I don't see fxaix getting to 200, but I can see fspgx getting to 100 in the coming years. FXAIX also a very reasonable expense ratio. The math seems odd. Does it make more sense mathematically to hold SPY in a taxable account over FXAIX, even when considering FXAIX's lower expense ratio, due to FXAIX being a mutual fund and having more automatic capital gains distributions? You could go with a different ETF with a lower expense ratio than SPY like VOO. Therefore, there is a significant overlap between the funds. Fidelity 500 Index Fund (FXAIX) - 50% Fidelity Mid Cap Index Fund (FSMDX) - 10% Fidelity Small Cap Index Fund (FSSNX) - 10% Fidelity Total International Index Fund (FTIHX) - 30% I also have a Fidelity Roth IRA that I plan to max this year as well. The COST of owning the fund is something you can change though - $3 per year, per $10k invested for VOO, vs. • 10 mo. Both VOO and FXAIX track the S&P 500 index. May 8, 2019 · VTSAX As An Alternative The Fidelity 500 Index Fund. There is no trading fee for any ETF, including VTI, at Fidelity. 0. 05%, really nothing more than a marginal difference. Fund size is a good indication of how many other investors trust this fund. Comparing the fund performance from when it was created is not an accurate comparison. Other examples would be VTWAX/VT and VTIAX/VXUS. FZROX follows the total market and has like 3000 stocks in the entire US market. Depends whether the convenience of auto-investing into VTSAX at Vanguard outweighs the extra book-keeping of opening and maintaining a new account. I want 40% to FDVV because I like the idea of receiving high dividends in 30 years when I retire. Investment related fees and expenses are a major part of plan expenses. ago • Edited 2 yr. You can invest in more than one fund. With VTSAX, you purchase whatever dollar amt you want without regard to share price. A total world market fund would would be roughly 60% US and 40% everything else. If you want a 100% hands off approach just throw it all into the target date index fund closest to your retirement year (e. The total US stock market is roughly 5/6ths composed of the S&P500 and 1/6th everything else. Expense ratios are both very low, but Fidelity’s fund is slightly lower (the difference is so small that it should not affect investment decisions). Another difference is cost. Although it is a broad question, but which of these two funds would be better to hold? Mutual funds are considered less advantageous for tax purposes because of the increased frequency of distributions (taxable events) and how they create new units of the fund. And you are VERY lucky to have those in Institutional Plus versions. In machine learning, this leads to massive overfitting. On the other hand, VTSAX typically has a much higher share price than VTIAX. In all honesty they are very similar as far as growth wise. For all intents and purposes, the tax differences for FXAIX and VOO are negligible. The tax advantages of ETFs are lessened when compared to index mutual funds. Not life changing, but for the competitively cheap it means a lot to them. Why do you regret buying VFIAX vs VTSAX? There is a >80% overlap between funds, and the remaining 20% is well correlated. FSKAX vs FXAIX — Overlap. What I did when I started out was a broad index fund like this and picked a stock or two that I was interested in to learn about stock trading (starting off small). It is exactly the same as VTSAX. 06% = 0. Dec 4, 2022 · The Short Answer. So, I have $7000 in the Roth (6000 for 2020 and 1000 in 2021). More importantly, stick to the 'buy and hold' principle whichever you choose. 658 subscribers in the TheMoneyMix community. VTSAX is just the S&P 500 fund (VIIIX) and an Extended Market Index fund (VEMPX) in about an 82%/18% proportion. Expense ratio - . The former tracks all publicly traded companies and FNILX tracks the 500 largest companies. While the 2024 IRA limits are $7,000 and $8000, respectively. The capital gains accumulated in the underlying shares of VTSAX can be exchanged away via heartbeat trades between the fund and “authorized participants” in the formation/destruction of shares of VTI. The top 500 stocks in FSKAX make up approximately 89% of the fund’s weighted holdings. Fidelity offers two total market index funds. VOO is the S&P 500. You might consider lower-ER ETFs like VOO/IVV When you have them on the compare chart, FXAIX comes in with lowest returns on the Overview tab for 3 y, 5y, and 10y (and it has the lowest expense ratio of the three). VTSAX requires $3k initially. This is a Warren Buffet favorite for newbies. 015% and FZROX with zero fees. I'm told that FSKAX & FTIHX (as a combo VTSAX = 18% VEMPX + 82% VIIIX. Comparing their top 10 holdings they’re essentially 98% the same , tracking the S&P. You can’t guarantee those returns but for me personally that’s a big enough difference that I do all FXAIX in my 401k. 02 (FZROX vs FSKAX) and checking the graph as it almost Mar 6, 2024 · Both funds have the same expense ratio of 0. VOO is a Vangaurd ETF that also is designed to track the S&P500 index. Although CIFs are pooled funds just as mutual funds are, CIFs are unregistered investment vehicles, more akin to hedge funds. ETFs are traded throughout the trading day similar to stocks. It's all in a retirement account so selling it won't incur any taxes, etc. VOO is exchange traded fund you can buy it from any brokerage. 35 and the closing price of VTIAX was $32. If your broker is vanguard then buy VTSAX, if you’re with Fidelity then buy FSKAX. My perfect world is: 75% VTI and 25% VXUS. A bit safer investment long-term. In a Roth, you can swap without any tax considerations. Jan 26, 2023 · The transaction occurs once a day. FSKAX vs. 3. 81% annually and VTI returned 11. 06% while the ER of FSKAX is 0. $30 per year. However, it is known that it is better to invest in ETFs over mutual funds in a regular brokerage account for tax reasons. Fzrox contains more than fxaix. It also has around 80% in common with VTI and the remaining 20% is so similar to the first 80% that they are pretty close to being interchangeable. The difference between their returns is expected to be a negligible amount. Note that index mutual funds should Just a heads up that if you already hold VTI, it can’t be transferred to VTSAX but you need to sell VTI and buy VTSAX. The top 10 FXAIX holdings are the exact same as the top 10 from FSKAX. Discuss topics related to Personal Finance, Money, Budgets, Careers, Investing, Retirement, and FIRE… First, obviously VTI over VOO, as VTI is more diversified and we would expect small and mid caps to outperform large caps due to the Size premium, and indeed they have historically. This is what you maybe looking for. But I would recommend using FNILX over FXIAX. If you opt for the SP500 mutual fund, pick SWPPX. Basically no difference. SPY is good for the high volume of trading This isn't really answerable given uncertainty around future capital gains distributions from FXAIX. As an example, for 3y as of 11/30/22, VFIAX 10. For proof, use portfoliovisualizer. Example if you have $200,000 with 50K in Roth IRA and 150k in 401K, it would be entirely reasonable for your Roth IRA to be 100% FSKAX, and your 401K to be $32k Total International, $40K total bond market, and the other $80K also in US stock market. FSMAX would be the one to add to existing FXAIX, in the right ratio those 2 basically become FSKAX. That pretty well covers the whole market, and you get more distributions per year with all those funds vs a single "total market fund" anyway. The fund’s top 10 stocks account for more than 24. 020%. However, there are some key differences to consider when deciding which fund is right for you. FXAIX follows the S&P 500, and has ~508 stocks held in the US market's biggest companies. I believe the IRS considers mutual funds from different brokers to be NOT substantially similar even if they track the same index. Again, Fidelity is oh, so slightly cheaper. So if your goal is to pursue investments that are more diversified, fskax matches up closer to that theory. In terms of performance, VTI and FXAIX have similar track records. VTI is the Vanguard total US stock market exchange traded fund (ETF). FSKAX with fees of 0. VFIAX tracks the S&P 500 Index, one of the three most popular U. Arrest Your Debt is about helping others get out of debt and start building wealth. Investing in this fund means that one believes large, growth companies will out-perform the market as a whole. 18 compared to 1. So now VT vs. FXAIX invests in only large-cap stocks. Yet, on the graph below that, it shows growth of $10,000 over three years: FXAIX $13,637, VFIAX Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Hey all, I'm trying to critically think here and wonder what's best for my money in terms of not double-dipping into the same pot of investments. I thought it would be good to choose either FXAIX or FZROX. The difference is that FXAIX makes that top 10 a larger percentage of the overall portfolio (25. In theory they should be damn near exactly the same. For the "core" or majority of my holding, I am looking at FXAIX, VTI, or VOO to track the S&P 500 and let that core holding grow and compound over the years. The main difference between FXAIX and VTSAX is that FXAIX is a large- and mid-cap ETF, while VTSAX is a total market mutual fund. His work has since inspired others to get the most out of their long-term investments. There is a $3,000 minimum investment for each Vanguard fund, including VTSAX With VTSAX, you buy/sell at the end of day price regardless of when the transaction goes through. Both FXAIX and VTSAX have a similar number of assets under management. I am also open to riskier funds if anybody has one, but based on the description of this subreddit, this may not be FXAIX hasn't had a capital gains event in more than 4 years. $50k *0. jamughal1987. One main alternative to the FXAIX would be the Vanguard Total Stock Market Index Fund Admiral Shares . Hey guys, I’m 23 years old and have created a ROTH IRA recently and am planning on contributing 2023 years before it ends. If you are going to stick to Vanguard for the rest of your life, just buy VTSAX. 04% for VTSAX. If you buy it at Fidelity, you have to pay a fee. Morningstar gives Total Stock Market Index FSKAX 3 stars. Buy, hold, pay low fees, and stay the course! Ameritrade - VTSAX; $75 transaction fee! I’m trying to purchase just over $1000 in VTSAX and they are quoting me a $74. FXAIX is mutual fund you can only buy it from Fidelity. S&P 500: FXAIX, IVV, SWPPX, VOO, VFIAX, SPY, etc. That money comes out of one's paycheck and goes into the fund if it's selected. Add some FZILX too. VTSAX performance is highly correlated with VFIAX performance. Like 90% "Large-cap" stocks. With VTI, there is no minimum purchase. FXAIX and FZROX are Mutual Funds. I was thinking of a 50/30/20 split, but curious to see what people do in this case. There's no problem running FSCSX bc it does outperform the greater market, but as will all things it isn't as safe as a normal s&p 500 fund. I am using the account purely for retirement, so looking for long-term holding (25+ years). Jack founded Vanguard and pioneered indexed mutual funds. $1. I was thinking a 60/40 split between either FXAIX/FZROX and FDVV. 12% vs 6. FZROX. Simply choose 1 from the S&P 500 group or 1 from the US total stock market group and aggressively auto-invest. How does FXAIX (FIDELITY 500 INDEX FUND) and FSKAX (FIDELITY TOTAL MARKET INDEX FUND) compare with Vanguard's S&P 500 fund and total market fund? Investing Everyone keeps recommending Vanguard funds for S&P 500 and Total Market Index, but I've already been investing in these funds within my ROTH IRA. FXAIX and VFIAX will cost you $75 to buy. VTSAX is better than VEXPX. Dividends are nearly identical between Fidelity and Vanguard, so tax efficiency is nearly identical between FXAIX (not ETF) and VOO (ETF). Bogleheads are passive investors who follow Jack Bogle's simple but powerful message to diversify with low-cost index funds and let compounding grow wealth. My question is should i just make it easy for myself and buy 100% FXAIX and let it compound until retirement, or should I look into the Total market and International market zero funds offered by fidelity, and if i do go that route i will do 80/20 of FZROX / FZILX? Cruian. 86%, and FXAIX 7. VTI = Total USA fund. Personal finance… FSKAX on brokage, and VFIAX on vanguard! They’re both great funds, you can buy both, just don’t put both in the same account. Small caps outperform large caps in the long term, so as a 22 year old you shouldn't miss out by only buying the S&P 500. It's just added complication for no additional benefit. 50 per year, per $10k invested. 09% = $45 in fees for SPY. Consequently, the same amount of money invested in both will tend to pay out a much greater amount of dividends in VTIAX than VTSAX. BunChargum. Its a one stop shop for investing and it evolves as you get to the target date. FXAIX is a good fund but it is only one part of a balanced fund. My next best bet are 75% FXAIX (S&P 500) 25% VTSNX (Vanguard ex-US)? Is this unreasonable? These are really my only low expense ratio fund options. FSKAX is practically the same thing as VTI. 87%, VOO 10. The top 10 holding of both funds are the same, but FXAIX holds a larger percentage of the top 10 funds. Maybe you start by investing everything into Apple. Mutual Funds cannot be traded until the close of business at the one price set each day on the close. But my 401k doesn't have these options. I know I probably can’t go wrong with either, but right now I’m torn between investing $2000 into VTSAX or FNILX. 1 to . Which FXAIX doesn’t do, because you can’t sell options against mutual funds. The other 60% is where I am split. They are more tax efficient. You are burning calories and wasting your time looking into this. As of march 2023, the fund holds 3,945 stocks with total net assets of $1. Low turnover = tax-efficiencynot a measure of risk/ return. As a very rough example, on 1/4/21, the closing price of VTSAX was $93. 7% of its total net assets. Join our community, read the PF Wiki, and get on top of your finances! If this is your first time contributing to an IRA, I want to let you know that you can still contribute for 2023 up until the tax filing deadline. 1 versus . To round out your equity allocation, you can add international equity in the form of VTSNX. And, of course, you should use VTSNX for your international, which also has a low ER. No right or wrong answer here - it's totally up to you. The 10-year returns are nearly identical across the two indices. Possibly some differences in small caps, but they fill the same role and shouldn't be different enough to care about. I use VTI. However, in the past (and expected to continue), the small-caps have out So, technically if you wanna go for the same type of fund as FXIAX you can go with FNILX which is a no fee s&p 500 fund. If you are going to stick to Fidelity for the rest of your life, just buy FSKAX. US total stock market: ITOT, SCHB, VTSAX, FSKAX, VTI, SWTSX, etc. Total savings = $30 per year. 015% while SWPPX is very slightly more expensive at 0. Investing in broad-market low-cost indexes, diversified between equities and fixed income. Fidelity Freedom Index 2060 Fund - Investor Class). May 13, 2024 · A high-level overview of Fidelity 500 Index Fund Other (FXAIX) stock. FXAIX is cheaper, with an expense ratio of 0. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. companies. The popular index fund I always hear about is FXAIX, and seems to be recommended by everyone. If you are unsure about where you will have your investments parked for the rest of your life, then just buy VTI. This can easily outweigh the ER difference (the impact of the extra holdings means the difference in weight of Apple alone is greater than the ER of FSKAX: 6. With a 403B / 401K / 457B (and all other employer-sponsored accounts), the fund choices are limited by the plan administrators. $10,000 invested in VTSAX (Total US Stock Market) in 2011 was worth $42,957 on January 31, 2022 (all dividends reinvested) $10,000 invested in VTIAX (Total International Stock Market) in 2011 was worth $17,402 on January 31, 2022 (all dividends reinvested) This is a huge difference. I've firmly believed for 23 years you can't time the market and most likely the moment I sell is Posted by u/elverangelol - 2 votes and 2 comments VTSAX is much larger from a net assets perspective. VTI. However, Robinhood does offer fractional shares for ETFs, so no major drop off. VEXPX is over 11x more expensive, and is strictly focused on small cap growth stocks, whereas VTSAX is the entire market. VTSAX vs FNILX. Award. VTI $42,267. I'm fairly risk tolerant. •. A quick reminder that this site does NOT Reply. Both of the funds have a similar expense FXAIX and FSPGX will perform similarly. If you're concerned about that, VTSAX/VFIAX would be different for wash sale purposes but track each other very closely. If this is a tax advantaged account (like an IRA), I’d go with the mutual fund because you can set up automatic investing and don’t have to worry about it. Both of those are extremely low, though. Favor can swing to favor the other on even a daily basis. Their performance should be incredibly similar, based on if large caps (FZROX) or small caps (FSKAX) as broad classes do better over Reply. This tax efficiency difference varies from year to year from noticeable to non-existent. $10,000 invested in FSKAX and VTI in October 2011 would be worth the following today, with dividends reinvested: FSKAX $42,186. You may or may not have access to a fund like VTSAX. It is balanced with US, International and Bond funds. Wow, a real-life example that matches perfectly. Extremes: - N = 1: This would be a terrible idea, chasing only performance without any stability. We might be able to tune N like we tune learning rate. One difference is VFIAX uses the S&P500 index, FXAIX uses the Fidelity 500 which is a similar index. You can exclude a couple that way. 02% really isn’t much in the grand scheme of things but it’s still a difference. ago. nf dw ej en ex go up jl df qp