MY EXACT Dividend Stock Portfolio — See it in M1 Finance! ||
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I LAUNCHED MY PATREON PAGE!
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In this video we are talking about #Vanguard vs Fidelity. More specifically, we are talking about who Wins the Battle Between the Vanguard S&P 500 ETF (VOO) vs Fidelity NASDAQ Composite (ONEQ). If you know anything about me you know that I LOVE #VanguardIndexFunds but I also really like #FidelityIndexFunds. In this video we will break down the differences between these 2 ETF's and by the end hopefully you will feel like you know which ETF is BEST for your investment portfolio.
Just curious why you chose to compare these 2? Doesn’t Vanguard have a Nasdaq index? And I know Fidelity has a SP500 index. I guess because there a lot of common stocks held in both funds? Thanks for your content Joe. ……….posted this question before the video ended. I see where you’re going with this now by the end
GREAT QUESTION! Unfortunately Fidelity does not have a S&P 500 ETF, only an indexes mutual fund which most can only buy through owning a fidelity brokerage account or musing high fees to get. THANK YOU for watching and for leaving your $0.02 in the comments! πππ»
What do you think of the FNCMX. Also just curious how many total positions you have in your retirement account
GREAT QUESTION BOBBIE! The mutual fund version of FIDELITY NASDAQ COMPOSITE (FNCMX) is one I donβt own. I prefer more balance with the S&P 500 with supplementing from Vanguards Mega Cap Growth ETF (MGK) and their Sector IT ETF (VGT). In my 401k I have 4 different positions, ALL VANGUARD: S&P 500, Mid-Cap, Small-Cap, Real Estate. In my M1 Finance Roth IRA, I have the VANGUARD S&P 500 VOO, VANGUARD SMALL AND MID-CAP, VANGUARD MEGACAP MGK AND VANGUARD IT SECTOR VGT β THANK YOU for watching and for leaving your $0.02 in the comments! πππ»
I’m planning on getting into a NASDAQ fund from Fidelity sooner or later. Right now my 3 “big” funds are FXAIX, FSMDX and FSSNX (S&P 500, Mid-cap and Small-cap funds.) Also in FSCSX, which is a great technology-based fund that’s been doing pretty well.
@Victoria Akoms Those are 3 individual mutual funds, one for S&P 500 (or big cap), one for mid cap, and one for small cap companies. The “total index” funds usually *aren’t* (their top 10 holdings are usually 20-25% worth of the entire fund.)
Hi Joe!! When we going to get another update on the stimulus!!! πππ
Today! Here is the link! =P https://youtu.be/VDfqWItfBqE | THANK YOU for watching Maria and for leaving your $0.02 in the comments! πππ»
Joe .. What would it mean if Tesla was in the VOO
THAT … is an EXCELLENT QUESTION. I think I will make a video about that here soon! THANK YOU!
Average Joe on Money HA Iβm wondering if I should move a 401k from TRowe to my vanguard Roth IRA I have VOO
You’d be paying taxes by moving your money from a traditional IRA to a ROTH. If you’re not making a ton and in a lower tax bracket then go for it.
I’m actually thinking of doing the same.
I have blocked all of the stimulus click bait whores, and will just watch my bank account.
Not a terrible strategy — THANK YOU for watching acajudi100 and for leaving your $0.02 in the comments! πππ»
Average joe what is your opinion on NOBL? thanks
HI! So NOBL is not a terrible Dividend ETF, but the dividend yield is only 2.44% and the expense ratio is 0.35% every year. I would go for VYM before I would go for NOBL due to a much lower expense ratio and a higher dividend yield. Hope that helps. THANK YOU for watching Ultimate Piston and for leaving your $0.02 in the comments! πππ»
@The Average Joe Investor I was between both and chose VYM, thank you for your advise sir
I see you answered the big question of why you would compare an S&P 500 vs NASDAQ fund…
But unless you’re planning to have the ETF in a taxable account (better idea), what’s wrong with Vanguard ETF vs Fidelity Mutual Fund, both S&P 500 in a Roth? The only big difference is that you have to wait till end of day to find out the NAV that you’ll be buying FXAIX for. Not a big deal if you’re long on that fund anyway.
Some current stats, each from Vanguard & Fidelity’s websites:
VOO expense ratio: 0.03%, great.
FXAIX expense ratio: 0.015% better π
VOO 1/3/5 year: 7.45/10.69/10.69
FXAIX 1/3/5/10 year: 7.49/10.71/10.72/13.97
Current NAV:
VOO: $298.02 (52 week high: $311.59)
FXAIX: $111.87 (52 week high: $117.71)
Cheaper to get in to FXAIX, and they’re doing slightly better, while having been around a lot longer (1988 for FXAIX vs 2010 for VOO.) Also, this is a fairer comparison for Fidelity customers who may be interested in buying into an S&P 500 fund from Vanguard – no fee ETF, vs having a minimum $3K to get in if they were interested in getting the S&P 500 Mutual Fund from Vanguard.
GREAT FEEDBACK BRYAN — I agree that Fidelity’s FXAIX has a lower expense ratio and has performed just as good if not better. The problem with Fidelity’s Indexed Mutual Fund is you can’t buy it with M1 Finance or Robinhood and you may have to pay extra depending on who your brokerage is if you do not have an account with Fidelity. This is purely an ETF comparison. It’s great for me because I don’t own any actual Mutual Funds, only ETF’s. GREAT DIALOGUE THOUGH! THANK YOU for watching Bryan Sproles and for leaving your $0.02 in the comments! πππ»
@The Average Joe Investor So ETFs are generally purchasable without fees no matter who your brokerage is, and no matter which brokerage runs them? That’s something I didn’t know for sure…
Something else that’s a bonus with Mutual/Index funds vs ETFs is that most brokerages allow you to automatically make deposits at scheduled intervals. ETFs don’t let you do that.
Thanks for putting on for our city bro…love the financial literacy growing amongst us in the city.
THANK YOU for watching Des Des and for leaving your $0.02 in the comments! πππ»
I never even heard of ONEQ. Thanks for informing me on it. It’s performance is on the level of FTEC as of YTD.
Would it just be best to own both in your portfolio? Pls be nice, I’m solo super new to this game…Thxπ
I have 10,000 and Iβm thinking about going half and half on SPY and QQQ, QQQ is apparently tech heavy, do you think I should switch one out for either or VOO & ONEQ?
SPY has a higher expense ration than VOO for sure. both QQQ and ONEQ are tech heavy but ONEQ does give you more balance. THANK YOU for watching Jorge and for leaving your $0.02 in the comments! πππ»
I actually have both of these ETFS in my brokerage account. VOO is by far more popular, and more investors go for Invesco’ s QQQ when looking for a NASDAQ ETF as it has a slightly better expense ratio of .20% and has better returns than Fidelity’s ONEQ. This is due to the QQQ tracking the NASDAQ 100 vs ONEQ tracking the broader NASDAQ Composite Index. I also have DIA which tracks the Dow, and am considering adding Vanguard’S VTWO, which tracks the Russell 2000.
Out of all of the ETFS in my portfolio, ONEQ has provided the most returns but is definitely more volatile. I am worried, however, about over exposure to large cap companies, hence my consideration of the VTWO.
Hi Joe, would you check this one: FNBGX, itβs Long term Treasury bond index but its return is like IT sector ETF !!! Wow, because expenses ratio is also 0.03%, fantastic, can anyone believe this? And itβs there in the market since 2005, with life time return is above 7%!! How do you think this one, Joe?
Please send comment on it.
Thanks,
Thank you!
great and helpful video!
Glad it was helpful! THANK YOU for watching and for leaving your $0.02 in the comments! πππ»
So would it be a great idea to have voo on a Fidelity account for my roth ira. Im debating on selling it. Advice?
What about s&p 500 vs vangaurd vt or other total world etfs?
I have ONEQ, can you please explain the taxes incurred if I sell them ? if the tax is 21% on the earnings, that means it makes sense to wait until i make more than 21% before selling them?
what do you think when you compare both with nasdaq index mutual funds
I have ONEQ since January, 13% profit so far
Well Done Gautam! THANK YOU for watching and for leaving your $0.02 in the comments! πππ»
@The Average Joe Investor what is your opinion on stocks going down today because of Covid new strain news ? Will this be a temporary thing and we need to keep investing as we are long term investors ?
Bravo!
THANK YOU for the feedback Andy! I appreciate it! ππ»π