
Fidelity's FXAIX mutual fund offers a cheaper, no-spread way to own the S&P 500 for long-term investors.
Fidelity's 500 Index Fund (FXAIX) is a mutual fund alternative to popular S&P 500 ETFs like SPY, offering lower total costs for long-term, recurring investors. Unlike ETFs, FXAIX trades once daily at net asset value with no bid-ask spread or premium/...

