Fidelity NASDAQ Composite Index Fund | FNCMX

Comments (57) on “Fidelity NASDAQ Composite Index Fund | FNCMX”

1. Thanks for sharing, FSPGX looks like an interesting index fund. Like #4 and gave you a full view from start to finish. Aloha brother 🤙

   1. Thank bro! I’ll be sure to check out your latest video when I have some time

2. Your breakdowns are fabulous. I love how you are teaching us how to evaluate and compare different Fidelity index funds. FXAIX is my core holding with FSPGX as a secondary lesser but still significant holding. What are your thoughts on pairing FNCMX (NASDAQ index) and FXAIX (S&P index) together to make up one’s core holdings instead of only relying on the S&P as the core?

   1. Thank you. I’m still like S&P or total market as the core. I like having long track records to look at when it comes to performance and S&P checks that box for me. But on the flip side I am open to having a bigger holding in growth, originally I wanted to be 80% S&P and now I’m leaning to around 60%. It’s hard to predict the future but either way you go it won’t be wrong

   2. @Moki Finance Very helpful answer. Thank you.

3. Another awesome vid & breakdown! One of the great funds that Fidelity offers. Got into that one a few months ago.

   1. That’s awesome, I’m sure those returns are making you lots of money

4. Very useful Fidelity information! You got yourself a subscriber.

   1. Thank you so much!

5. Wow i didnt even know about this index fund, very interesting and a attractive buy. But FSPTX still has a larger rate of return overall, FNCMX though got a lower turnover and exp ratio plus more holdings. Such a tough decision lol, i’m going to stick with FSPTX, lol. But the one you described is great! lol, i love fidelity lol.

   1. I think you should stick with FSPTX, it was a beast of a fund.

   2. I was just looking into these 2 funds earlier and can’t decide which one is better. But I think fsptx is better.

6. You are a hidden gem! Love ur stuff

   1. Thank you for the kind words

   2. @Moki Finance no prob brother. Btw i sent u a ? On IG dm

7. Hi Moki, great videos! Thank you for the concise review and analysis. I’m interested in learning more about VOO and would love to hear your thoughts. Additionally, I remember you discussing making a video on how to invest to save for a house. Do you know when you’ll have an opportunity to post on these topics?

   1. VOO is very similar to FXAIX which is the Fidelity index fund I reviewed. Yes the house video is coming soon too! Thank you so much for watching

   2. Invest in VOO???? FNCMX beats that etf that’s funny The video just told you that it beats index 500

8. Nice deep analysis and to the point as always, i hope you make videos of some fidelity bond index fund next time, like n subs 👍

   1. Thank you! Yes the bond funds are coming

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   1. What’s the difference between FNCMX and NDAQ?

10. Can you review FTRNX? Based on your reviews of other funds, I think I need to own this in my retirement account instead of my taxable account.

    1. I will add it to the list!

11. Two more requests. Can you review FDIS and FLGEX? They both have been phenomenal, but one is a sector and the other has a high turnover rate. Would love to know your thoughts. Thank you.

    1. Absolutely

12. right now and for well over a decade nasdaq has outperformed the S&P.. and i think it will continue for longer too 🙂

    1. Yeah I know, making me rethink my strategy

    2. Makes me curious about a fxaix, fncmx, blended portfolio.

    3. Just be careful about jumping into a fund while the performance is at the peak. Look at NASDAQ performance from March 2000- March 2016, took 16 years for it to recover

13. This is a good index fund. Liked and watched in real time! Looking forward to your next piece of work!

    -Malecki

14. Mr.Moki
    I watched your top 3 fidelity index funds and this one. we are one the same page in agreement. Except I got red of the couple of the US and Total bonds funds and kept the corperate bond fund. The corporate is outperforming the other two. Bought Select tech FSPTX and FBIOS. They both drop rock today but only because of cap distribution pay out.

    1. Just be careful chasing short term returns. I like total market over specific sectors or in the case of bonds only focusing on corporate bonds, while they do get better yields I like the idea of using bonds as a way to preserve wealth and not necessarily get great returns that what equity funds are for

    2. @Moki Finance
       My over all performance for 2020 was 31 percent but that was because my asset allocation was aggressive growth but reduced it to growth by adding the fidelity inflation protection bond index fund to my portfolio.

    3. @Douglas Grant that is an amazing return for 2020!

    4. To be exact 30.97%

15. Hi , Can you please advise me which index fund is best for my son. I want to invest for him. He is 18 years old and going university this year. I want to invest for him for four years until he complex his computer since degree. Kindly advise. Thanks

    1. Unfortunately since I am not a financial advisor I cannot make individual fund recommendations

16. Any links to videos for fidelity/vanguard funds that do not pay out very much in dividends (ie. good for taxable accounts)?

    1. Go to my mutual fund review playlist and find FZROX. It’s the Fidelity Zero Total Market Index fund. It’s a new fund so I don’t know how long this will stay but as of right now it only pays out dividends once a year.

    2. @Moki Finance How about FNCMX? I’m looking to put a fairly large chunk of change in a taxable account with this fund.

    3. It also pays once a year, but it has high capital distribution payouts that make it a bit more tax inefficient. Look into the ETF version I think it’s called ONEQ and do a comparison

    4. @Moki Finance thanks! Is there an equivalent one of these for Vanguard? Currently I have VTSAX in a taxable account.

    5. I don’t know of one from vanguard that tracks the NASDAQ specifically. I would say a close one to look into would be VUG. It’s a large cap growth index fund

17. Good morning, your Videos are so enlightening. I am 50 years old and just open a Roth IRA account. I have fxaix, fskax, fncmx, fssnx, fsmdx, and fipdx. I am just going to keep adding money leave the money there until I retire. I am going to max my Roth out. Towards that time I plan to add fuamx to it. I have a taxable account and only have tesla in it. Can still buy the same index fund as my Roth IRA or buy something different. I need something that will generate passive income/compound interest.
    I am new to investing. Any advise.

    1. Sorry for the late reply for some reason I didn’t get a notification to your comment. If you are looking to add funds that focus on income I would look towards value index funds, or even dividend ETFs. Also try to hold those in your Roth instead of your taxable so that way you are not paying taxes on the dividend income. Best of luck – Moki

18. Just subbed. I just started my roth 401k with fidelity so your channel is amazing. Love the work. BTW you can compare the funds with fidelity website rather than flipping back and forth.

    1. @Moki Finance thanks I’ll watch those next. You’re the first pro fidelity guy and it’s a huge relief. I just started and vanguard is everywhere.

    2. Yeah that’s one of the reasons I started on Fidelity content, too much VTSAX here on YouTube. Nothing wrong with Vanguard, I have an account with them as well, but Fidelity has better offerings for the index investor in my opinion.

    3. @Moki Finance I legit thought I messed up and was considering switching. So I just realized after watching your videos that fskax had sp500 in it so there’s some redundancy. Have to reconsider this. Fncmx seems pretty strong but I’m thinking fxiax, fsmax, and fskax or fncmx. And selling all my other stocks but at&t cause I love dividends lol

    4. Work through it and see what’s best for you. The good news is all those funds you named are great!

    5. @Moki Finance do you have a discord or anything? It’d be sweet to make a community to toss around ideas.

19. What’s the difference between FNCMX and NDAQ?

    1. So FNCMX is a mutual index fund that holds all the companies listed on the NASDAQ. It’s got over 2,000 individual holdings

       NDAQ if I’m not mistaken is the actual stock ticker of the NASDAQ. It’s a single stock of the NASDAQ company.

20. Hi Moki, would this be a fund to add along in a Roth alongside fskak or should it be be in a separate account as a 50-60 percent ?

    1. It has a lot of overlap with FSKAX, for example if you look at the top 10 holdings they are almost all identical except FNCMX has a higher weighting to them. Having both in the same account only makes diversification worse because you will get even more exposure to the top companies in FSKAX already.

    2. @Moki Finance Ty for the response. That was what I was originally thinking myself, but wanted to make sure I was thinking correctly. TY!

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