FXAIX Vs. SPY: Which One Is  For You?

If you are an investor looking to invest in financial securities, two funds you should consider are  FXAIX vs. SPY.

FXAIX or Fidelity 500 Index Fund is a mutual fund created by Fidelity Investments to provide investment opportunities for investors.

FXAIX: Fidelity® 500 Index Fund

SPY or SPDR S&P 500 ETF Trust is the biggest ETF globally and tracks the S&P 500. SPY was first released as an ETF on January 22, 1994

SPY: SPDR S&P 500 ETF Trust

FXAIX has a lower expense ratio of 0.02% compared to SPY, which is 0.09%. The former is a mutual fund while the latter is an ETF which is another major difference.

Key Differences

Both funds are top performance in their fields. FXAIX has returned 17.32% anually over the last 10 years, while SPY returned  14.71%

Performance

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