Fidelity Total Market Index fund provides well-diversified, low-turnover exposure to the entire investable U.S. stock market. It earns a Morningstar Analyst Rating of Gold.
Morningstar’s Fund Analysis FSKAX
Will FSKAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FSKAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FSKAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of FSKAX’s parent organization’s priorities and whether they’re in line with investors’ interests.