Fidelity Flex 500 Index Fund (FDFIX)

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The chart shows the growth of an initial investment of $10,000 in Fidelity Flex 500 Index Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Fidelity Flex 500 Index Fund (FDFIX) has returned -7.27% so far this year and 13.90% over the past 12 months.

Based on dividend-adjusted daily data since Mar 9, 2017, FDFIX's average daily return is +0.06%, while the average monthly return is +1.14%. At this rate, your investment would double in approximately 5.1 years.

Historically, 69% of months were positive and 31% were negative. The best month was Apr 2020 with a return of +12.8%, while the worst month was Mar 2020 at -12.4%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.

On a daily basis, FDFIX closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +9.5%, while the worst single day was Mar 16, 2020 at -12.0%.

Fidelity Flex 500 Index Fund has an annualized alpha of 1.58%, beta of 1.00, and R² of 1.00 versus S&P 500 Index. Calculated based on daily prices since March 10, 2017.

• This fund captured 104.63% of S&P 500 Index gains but only 97.64% of its losses — a favorable profile for investors.
• With beta of 1.00 and R² of 1.00, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

FDFIX has an expense ratio of 0.00%, meaning no management fees are charged.

FDFIX ranks 38 for risk / return — below 38% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for Fidelity Flex 500 Index Fund (FDFIX) and compare them to a chosen benchmark (S&P 500 Index).

Fidelity Flex 500 Index Fund provided a 1.20% dividend yield over the last twelve months, with an annual payout of $0.32 per share. The fund has been increasing its distributions for 5 consecutive years.

The table displays the monthly dividend distributions for Fidelity Flex 500 Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Fidelity Flex 500 Index Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Fidelity Flex 500 Index Fund was 33.77%, occurring on Mar 23, 2020. Recovery took 97 trading sessions.

The current Fidelity Flex 500 Index Fund drawdown is 8.99%.

The chart below shows the rolling one-month volatility.