Is Fmeix a good fund?
Overall, Fidelity Mid Cap Enhance Index Fund ( FMEIX ) has a high Zacks Mutual Fund rank, and in conjunction with its comparatively similar performance, average downside risk, and lower fees, Fidelity Mid Cap Enhance Index Fund ( FMEIX ) looks like a good potential choice for investors right now.
Does fidelity have a Mid Cap Index Fund?
Fidelity® Mid Cap Index Fund is a diversified domestic mid-cap equity strategy that seeks to closely track the returns and characteristics of the Russell Midcap® Index.
What is morningstar rating for mutual funds?
The Morningstar RatingTM for funds, often called the star rating, is a purely quantitative, backward-looking measure of a fund’s past performance, measured from one to five stars. Star ratings are calculated at the end of every month.
Does fidelity have a Russell 2000 index fund?
Fidelity® Small Cap Index Fund is a diversified domestic small-cap equity strategy that seeks to closely track the returns and characteristics of the Russell 2000® Index.
Does fidelity have a Russell 3000 index fund?
Russell 3000 Growth Cumulative total returns are reported as of the period indicated. Life of fund figures are reported as of the commencement date to the period indicated and are cumulative if the fund is less than one year old.
What mutual funds track the Russell 2000?
Three notable ETFs tracking the Russell 2000 index include:
- BlackRock’s iShares Russell 2000 ETF (IWM)
- Vanguard’s Russell 2000 ETF (VTWO)
- Direxion Daily Small Cap Bull 3x Shares (TNA)
Which is better Vfiax or Fxaix?
If you look at the expense ratio and amount of capital needed, FXAIX will be a better choice as its expense ratio is lower than VFIAX. You also have the flexibility to invest a smaller amount into FXAIX, as there is no minimum sum to FXAIX as compared to VFIAX which requires a minimum sum of $3,000.