fidelity total market index Performance: How Has It Done Over Time?
If you're looking for a simple way to invest in the U.S. stock market, the fidelity total market index may be an option to consider. This index fund tracks the performance of the entire U.S. stock market and has a low expense ratio. But how has the fidelity total market index performed over time?Since its inception in 1997, the fidelity total market index has shown solid performance. From 1997 to 2019, it had an average annual return of 8.31%, according to Fidelity's website. Of course, there have been ups and downs along the way, including significant market downturns like the dot-com crash of 2000 and the financial crisis of 2008.
Despite these challenges, the fidelity total market index has continued to perform well over the long term. In fact, as of March 31, 2021, the fund has a year-to-date return of 9.98%, according to Morningstar.
Overall, if you're looking for a low-cost, diversified way to invest in the U.S. stock market, the fidelity total market index is worth considering. While past performance is no guarantee of future results, the fund's long-term track record is impressive.
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