FXAIX Vs. FSKAX – Which Fidelity Index Fund Should  You Buy?

Many investors are looking to diversify their investment portfolios because it’s a well-known method to improve and enhance your investment strategies.

Proper allocation is as important as knowing and having suitable asset classes. So let’s discuss FXAIX vs. FSKAX that may help your total return down the line.

FSKAX is created by Fidelity Investments. This fund covers a wide range of assets in the US stock exchange.

FSKAX: Fidelity® Total Market Index Fund

FXAIX: Fidelity® 500 Index Fund

FXAIX is an index fund that tracks the returns of stocks in the S&P 500 Index.

FXAIX Vs. FSKAX:  Key Differences

FXAIX has a much larger asset volume and market cap than FSKAX.


FXAIX and FSKAX have the same expense ratio of 0.02%. Their management fees are quite affordable, so they are called low-cost  index funds.