FSKAX vs VTSAX

Quick Verdict

FSKAX has a lower expense ratio. FSKAX delivered stronger 1-year returns. FSKAX offers more diversification with 3687 holdings.

Lower Fees: FSKAXHigher Returns: FSKAXMore Diversified: FSKAX

Side-by-Side Comparison

MetricFSKAXVTSAXWinner
Expense Ratio0.02%0.04%
AUM$99.4B$489.0B
Dividend Yield0.94%1.04%
Holdings3,7733,543
YTD Return+11.73%+11.15%
1Y Return+20.42%+20.40%
3Y Return (annualized)+19.01%+18.85%
5Y Return (annualized)+10.51%+10.36%
Volatility (annualized)16.1%16.4%
Max Drawdown-26.0%-26.3%
Fund FamilyFidelity Investments (US)Vanguard (US)
CategoryEquityEquity
InceptionSep 8, 2011Nov 13, 2000

FSKAX vs VTSAX Performance

Fidelity Total Market Index Fund (FSKAX) is a mutual fund from Fidelity Investments (US) and Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) is a mutual fund from Vanguard (US). Over the past year FSKAX returned +20.42% while VTSAX returned +20.40%. Year to date, FSKAX is up 11.73% versus a gain of 11.15% for VTSAX.

Over three years, FSKAX compounded at +19.01% per year against +18.85% for VTSAX; over five years the annualized figures are +10.51% and +10.36% respectively. Across the full 5-year window we track, FSKAX has the edge at +10.51% annualized vs +10.36%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VTSAX has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 16.1% for FSKAX. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -26.0% for FSKAX and -26.3% for VTSAX. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 1.00. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

FSKAX charges 0.02% per year while VTSAX charges 0.04%. On a $10,000 position that is $2 vs $4 annually, a gap of $2 per year that compounds over a long holding period. On income, FSKAX currently yields 0.94% against 1.04% for VTSAX.

Holdings Overlap

81.3%overlap

FSKAX and VTSAX share 2594 holdings out of 3821 unique holdings combined, representing a 81.3% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in FSKAXWeight in VTSAXDifference
NVDA6.46%6.32%0.14%
AAPL5.85%5.84%0.01%
MSFT4.38%3.81%0.57%
AMZNProProPro
GOOGProProPro
AVGOProProPro
METAProProPro
TSLAProProPro
LLYProProPro
BRK.BProProPro
See all 10 holdings FSKAX shares with VTSAX
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Frequently Asked Questions

Which is cheaper, FSKAX or VTSAX?

FSKAX has an expense ratio of 0.02% while VTSAX charges 0.04%. FSKAX is the cheaper option. On a $10,000 investment, that is $2 per year of difference.

Which performed better, FSKAX or VTSAX?

Over the past year FSKAX returned +20.42% vs +20.40% for VTSAX, so FSKAX leads on 1-year performance. Over the longest common window we track (5 years), FSKAX annualized +10.51% vs +10.36% for VTSAX. Past performance does not guarantee future results.

Which is riskier, FSKAX or VTSAX?

VTSAX has been the more volatile fund at 16.4% annualized versus 16.1% for FSKAX. Worst drawdown: FSKAX -26.0% vs VTSAX -26.3%.

Should I hold both FSKAX and VTSAX?

FSKAX and VTSAX have a monthly-return correlation of 1.00, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between FSKAX and VTSAX?

FSKAX and VTSAX share 2594 common holdings with a 81.3% weight overlap. Combined, they hold 3821 unique securities.

Which pays a higher dividend, FSKAX or VTSAX?

FSKAX yields 0.94% while VTSAX yields 1.04%, so VTSAX currently pays the higher dividend yield.

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