Submitted by ninjahackerman t3_11dydxk in personalfinance
silversurfie t1_jabm4ah wrote
Personally I view mutual funds as broker's exclusive product which is why someone would use Fidelity for FXAIX vs Vanguard for VTSAX. Purchase them if you're using that broker but generally these mutual funds also have a ETF equivalent and in VTSAX case that would be VTI. If you really want VTSAX you can buy VTI with your Fidelity account.
I don't see much difference between VTSAX and FXAIX and comparing their historical returns are within .5% of each other and their top 10 holdings are the exact same but with different weightings.
ninjahackerman OP t1_jabmfhz wrote
Now is it worth getting the ETF equivalent or just go with Fidelitys native funds? I’m looking for low fees and decent returns 8-10% but I’d like to be aggressive until my mid 30s
Craft_feisty t1_jabo4pb wrote
>ve product which is why someone would use Fidelity for FXAIX vs Vanguard for VTSAX. Purchase them if you're using that broker but generally these mutual funds also have a ETF equivalent and in VTSAX case that would be VTI. If you really want VTSAX you can buy VTI with your Fidelity account.
>
>I don't see much difference between VTSAX and FXAIX and comparing their historical returns are within .5% of each other and their top 10 holdings are the exact same but with different weightings.
you can be aggressive until your late 30s or early 40s. Since you are just starting.
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