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ISIN
US3159117502
CUSIP
315911750
Issuer
Fidelity
Inception Date
Feb 17, 1988
Category
S&P 500
Index Tracked
S&P 500 Index
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

FXAIX Performance Chart

Fidelity 500 Index Fund (FXAIX) is up 11.4% since the beginning of the year. FXAIX is currently trading at $264 per share. Investors who bought $1,000 worth of FXAIX shares 5 years ago would now be looking at an investment worth $1,925.


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S&P 500 Index

Returns By Period

Fidelity 500 Index Fund (FXAIX) has returned 11.36% so far this year and 27.91% over the past 12 months. Looking at the last ten years, FXAIX has achieved an annualized return of 15.57%, outperforming the S&P 500 Index benchmark, which averaged 13.33% per year.


Fidelity 500 Index Fund

1D
0.42%
1M
3.50%
YTD
11.36%
6M
11.04%
1Y
27.91%
3Y*
22.71%
5Y*
14.00%
10Y*
15.57%

Benchmark (S&P 500 Index)

1D
-2.64%
1M
0.64%
YTD
7.86%
6M
7.47%
1Y
23.05%
3Y*
19.90%
5Y*
11.79%
10Y*
13.33%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FXAIX Monthly Returns History

Based on dividend-adjusted daily data since May 4, 2011, FXAIX's average daily return is +0.06%, while the average monthly return is +1.19%. At this rate, an investment would double in approximately 4.9 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 15 consecutive months, and the longest losing streak was 4 months.

On a daily basis, FXAIX closed higher 55% 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 -11.9%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.45%-0.76%-4.98%10.49%5.26%0.09%11.36%
20252.78%-1.31%-5.63%-0.70%6.29%5.09%2.24%2.03%3.65%2.34%0.24%0.06%17.84%
20241.68%5.34%3.22%-4.08%4.96%3.59%1.22%2.42%2.13%-0.90%5.87%-2.38%25.01%
20236.28%-2.44%3.67%1.56%0.44%6.60%3.21%-1.58%-4.77%-2.09%9.13%4.54%26.29%
2022-5.18%-2.99%3.71%-8.72%0.18%-8.26%9.23%-4.08%-9.21%8.09%5.59%-5.77%-18.14%
2021-1.01%2.76%4.38%5.33%0.70%2.33%2.38%3.03%-4.65%7.00%-0.69%4.48%28.71%

Benchmark Metrics

Fidelity 500 Index Fund has an annualized alpha of 1.83%, beta of 1.00, and R2 of 1.00 versus S&P 500 Index. Calculated based on daily prices since May 05, 2011.

  • This fund captured 105.78% of S&P 500 Index gains but only 96.65% 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.

Alpha
1.83%
Beta
1.00
1.00
Upside Capture
105.78%
Downside Capture
96.65%

Expense Ratio

FXAIX has an expense ratio of 0.02%, which is considered low.


Return for Risk

Risk / Return Rank

FXAIX ranks 73 for risk / return — better than 73% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


FXAIX Risk / Return Rank: 7373
Overall Rank
FXAIX Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
FXAIX Sortino Ratio Rank: 6666
Sortino Ratio Rank
FXAIX Omega Ratio Rank: 6666
Omega Ratio Rank
FXAIX Calmar Ratio Rank: 7474
Calmar Ratio Rank
FXAIX Martin Ratio Rank: 8484
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

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


FXAIXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.41

Sortino ratioReturn per unit of downside risk

+0.58

Omega ratioGain probability vs. loss probability

1.44

1.36

+0.07

Calmar ratioReturn relative to maximum drawdown

3.23

2.69

+0.54

Martin ratioReturn relative to average drawdown

15.07

12.34

+2.73

Dividends

Dividend History

Fidelity 500 Index Fund provided a 1.03% dividend yield over the last twelve months, with an annual payout of $2.72 per share. The fund has been increasing its distributions for 4 consecutive years.


1.00%1.50%2.00%2.50%3.00%$0.00$0.50$1.00$1.50$2.00$2.5020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$2.72$2.65$2.54$2.40$2.26$2.02$2.08$2.31$2.37$1.84$1.97$2.03

Dividend yield

1.03%1.11%1.25%1.45%1.69%1.22%1.60%2.06%2.72%1.97%2.52%2.83%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.67$0.00$0.00$0.67
2025$0.00$0.00$0.00$0.60$0.00$0.00$0.65$0.00$0.00$0.67$0.00$0.73$2.65
2024$0.00$0.00$0.00$0.55$0.00$0.00$0.63$0.00$0.00$0.64$0.00$0.72$2.54
2023$0.00$0.00$0.00$0.54$0.00$0.00$0.60$0.00$0.00$0.56$0.00$0.70$2.40
2022$0.00$0.00$0.00$0.46$0.00$0.00$0.58$0.00$0.00$0.58$0.00$0.64$2.26
2021$0.00$0.00$0.00$0.41$0.00$0.00$0.50$0.00$0.00$0.53$0.00$0.58$2.02

Drawdowns

Drawdowns Chart

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity 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 500 Index Fund was 33.79%, occurring on Mar 23, 2020. Recovery took 97 trading sessions.

The current Fidelity 500 Index Fund drawdown is 0.31%.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-33.79%Mar 2020
1mo 2d4mo 20d
5mo 22dFeb 2020 - Aug 2020
Bear market2022
-24.50%Oct 2022
9mo 11d1y 2mo
1y 11moJan 2022 - Dec 2023
Rate-hike selloffLate 2018
-19.38%Dec 2018
3mo 4d3mo 19d
6mo 23dSep 2018 - Apr 2019
2025 selloff2025
-18.76%Apr 2025
1mo 17d2mo 19d
4mo 6dFeb 2025 - Jun 2025
2011 correction2011
-18.39%Oct 2011
2mo 27d4mo 3d
7moJul 2011 - Feb 2012

Drawdown Indicators


FXAIXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-33.79%

-56.78%

+22.99%

Max Drawdown (1Y)

Largest decline over 1 year

-8.89%

-9.10%

+0.21%

Max Drawdown (3Y)

Largest decline over 3 years

-18.76%

-18.90%

+0.14%

Max Drawdown (5Y)

Largest decline over 5 years

-24.50%

-25.43%

+0.93%

Max Drawdown (10Y)

Largest decline over 10 years

-33.79%

-33.92%

+0.13%

Current Drawdown

Current decline from peak

-0.31%

-2.97%

+2.66%

Average Drawdown

Average peak-to-trough decline

-3.79%

-10.72%

+6.93%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.90%

1.97%

-0.07%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with FXAIX

Add Fidelity 500 Index Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Analyzer with FXAIX