FXAIX Fees and Costs — Fidelity 500 Index Fund
Data updated: 2026-07-24
The net expense ratio is 0.01%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $796K in broker commissions, 0.0001% of average net assets, and portfolio turnover was 3%.
FXAIX Fees and Expenses
Annual operating expenses and sales charges of FXAIX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.01% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.01% |
| Fee waiver | — |
| Net expense ratio | 0.01% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
FXAIX Costs Over Time
On $10,000 invested in FXAIX, assuming 5% a year before costs, total costs come to $6 over 5 years, cutting the return by 0.01% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.01%) | $1 | $3 | $6 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $0 | $1 |
| Total costs | $1 | $4 | $6 |
| Value after costs | $10,499 | $11,573 | $12,756 |
| Impact on return, per year | 0.01% | 0.01% | 0.01% |
FXAIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0001%
- Total broker commissions: $796K
- Bought from dealers (principal trades, not a cost): $158.4M
- Portfolio turnover (prospectus): 3%
- Securities on loan, average value: $1.7B
- Net income from securities lending: $16.3M (0.002% of average net assets)
FXAIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BANK OF AMERICA CORPORATION | $192K | 24.40% |
| GOLDMAN SACHS GROUP INC (THE) | $160K | 20.32% |
| CITIGROUP INC | $80K | 10.14% |
| BARCLAYS PLC | $79K | 10.02% |
| NOMURA HOLDINGS INC | $77K | 9.76% |
| MORGAN STANLEY | $51K | 6.46% |
| MACQUARIE GROUP LTD | $49K | 6.18% |
| JPMORGAN CHASE and CO | $47K | 5.93% |
| JEFFERIES FINANCIAL GROUP INC | $42K | 5.32% |
| CITADEL SECURITIES GLOBAL HOLDINGS LLC | $12K | 1.47% |
FXAIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP INC | $83.9M | 52.96% |
| BANK OF MONTREAL QUE | $40.8M | 25.78% |
| JPMORGAN CHASE and CO | $33.7M | 21.26% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.