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FSKAX Fidelity Total Market Index Fund

Over the last 15 years (2011-092026-09), $10,000 invested in FSKAX with dividends reinvested grew to $76,85514.48% a year — with a worst peak-to-trough fall of -24.90%. Past performance doesn't predict future results.

Growth of $10,000 · 2011-092026-09 · dividends reinvested

CAGR (annualized return)
14.48%
Volatility (annualized)
14.62%
Worst drawdown
-24.90%
Sharpe ratio
0.89

About FSKAX

Fidelity Total Market Index Fund is a passively managed mutual fund designed to replicate the performance of the broad U.S. equity market. Its primary objective is to provide investment results that closely correspond to the total return of the Dow Jones U.S. Total Stock Market Index, which represents companies across all sizes and sectors in the United States. The fund typically invests at least 80% of its assets in common stocks included in this benchmark and utilizes statistical sampling to mirror the index’s composition and key characteristics. Notable for its wide diversification, the fund holds thousands of securities, with its top holdings in large-cap technology and consumer companies such as Apple, Microsoft, NVIDIA, and Amazon. This broad coverage ensures exposure to the entire spectrum of public U.S. equities, from small-cap to large-cap firms across various industries. The Fidelity Total Market Index Fund stands out in the market for its extremely low expense ratio, making it one of the most cost-effective options in its category. It plays a vital role in the financial landscape by offering investors an efficient, low-cost means to gain comprehensive exposure to the U.S. stock market, serving as a foundational holding in many diversified investment portfolios.

Put FSKAX to the test

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Educational use only — not investment advice. Results are hypothetical.Read full disclaimer

This tool is for educational and informational purposes only and does not provide financial, investment, tax, legal, or accounting advice. Results are hypothetical and based on historical data and assumptions that may be inaccurate. Past performance does not guarantee future results. Consult a licensed professional before making investment decisions.

FSKAX — Fidelity Total Market Index Fund: returns, risk & backtest · Informed Portfolio