FDFIX Mutual Fund — Fidelity Flex 500 Index Fund

Fidelity Flex 500 Index Fund (FDFIX)

Updated October 16, 2026.

FDFIX is a low-cost Mutual Fund that tracks the S&P 500 Index. its distribution rate is 1.06%, its trailing-12-month yield is 1.06%, its expense ratio is 0.00%. Dividend Vision Distribution Safety Score™ is 100/100 (Safe). Total return is 273.3% over the past 9.6 years, 1.5 points ahead of SPY at 271.8%.

Fidelity Flex 500 Index Fund is a mutual fund that tracks the S&P 500 Index by investing at least 80% of its assets in large-cap U.S. stocks included in the Fidelity U.S. Large Cap Index. The fund distributes quarterly with a modest current distribution rate and carries a zero expense ratio. It appeals to buy-and-hold equity investors seeking low-cost broad market exposure to large U.S. companies.

FDFIX performance versus SPY

Price and return data through 2026-10-16.

Total return is 273.3% over the past 9.6 years, 1.5 points ahead of SPY at 271.8%. Over the past year its total return — price change plus distributions reinvested — is 16.3%. Its deepest 1-year drawdown was 9.0%.

FDFIX key facts

Distribution Safety Score™

100 · Safe

Safety-Adjusted Yield

1.06%

Issuer

Fidelity Investments

Asset type

Mutual Fund

Asset class

Equity

Inception date

03/09/2017

Expense ratio

0.00%

Distribution rate

1.06%

Distribution frequency

Quarterly

Trailing yield

1.06%

Last close

$32.54 (as of 2026-10-16)

NAV

$32.87 as of 2026-09-30; source eodhd (stale)

Premium / discount

N/A (price 2026-10-16, NAV 2026-09-30) (NAV stale)

AUM

$9,423,030,000

Average volume

0.0

Dividend

$0.088

Ex-dividend date

10/02/2026

Payment date

10/05/2026

Beta

1.0

How Dividend Vision calculates yield and returns

Distribution rate (1.06%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.06%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Fidelity Investments or company page; Index: S&P 500 Index; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FDFIX risks and drawbacks

FDFIX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 9.0%.

Who may consider FDFIX — and who may not

FDFIX may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (FDFIX pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on FDFIX

• All tickers starting with F

Tagged: Mutual Fund, Index, Large Cap, S&P500.

Frequently asked questions

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