is vfiax a good investment
Over the past 5 years, the fund has a positive alpha of 0. VOO, VFIAX, and the S&P 500 Index 5 Year Performance. Much to my amazement, this is the 100th article I have written for Seeking Alpha. We strive to write accurate and genuine reviews and articles, and all views and opinions expressed are solely those of the authors. Want even more information about VFIAX? VFIAX? You'll get all this info in one place. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. 16. | 1-Day Return as of May 01, 2023, 10:17 PM GMT+0, Muni National Intermediate-Term Bond Funds, Transparency is our policy. VTIAX requires a minimum investment of, you guessed it, $3,000! So that pretty much covers how the VFIAX and VOO differ. It doesn't get any more "set it and forget it" than that. Vanguard Index Funds - Vanguard S&P 500 ETF was formed on August 31, 1976 and is domiciled in the United States. You will often hear it argued that ETFs offer investors the advantage that, unlike mutual funds, they don't distribute capital gains at year end. For a better investing platform which enables more investing choices, a great free stock app to consider is Firstrade. But Bogle made one huge mistake when he set up his company. Have Watchlists? VFIAXs ETF equivalent is the Vanguard 500 Index Fund (VOO). For further information, check out The Fund invests at least 80% of its assets in common stocks included in the Index. Both index funds have a $3,000 minimum initial investment and investors can expect similar fees. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. And for years they did. This fund has delivered a 5-year annualized total return of 17.31%, and is in the top third among its category peers. For investors in taxable accounts, VFIAX is only suitable if they intend to keep their assets at Vanguard for the foreseeable future, a future during which it may be almost impossible for Vanguard customers who aren't paying that extra 0.30% a year for PAS to get access to competent customer support when it is needed. I am not receiving compensation for it (other than from Seeking Alpha). VTI profile: Entering text into the input field will update the search result below. And you certainly don't want to forget that you have set it up if you stop receiving a paycheck! You can convert your shares of VFIAX to shares of VOO without triggering gains, but you can't convert them back to shares of VFIAX without selling them and ending up with what could be a very expensive taxable event if you hold the fund in a taxable account and have owned it for any length of time. These symbols will be available throughout the site during your session. Should you need such advice, consult a licensed financial or tax advisor. While it might seem advantageous to start investing money in individual stocks on your own, there are benefits to investing in index funds. Visit Performance Disclosure for information about the performance numbers displayed above. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Is VFIAX or VOO better? Our comparison details. For this particular fund, the focus is primarily on equities that are traded in the United States.