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Security Comparison

FSKAX vs VTI: Which Is the Better Pick in 2026?

A head-to-head comparison of Fidelity Total Market Index Fund and Vanguard Total Stock Market ETF covering yield, cost, risk, and income potential.

Data updated July 15, 2026

ETFs115
Total AUM$4484B

ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.

Vanguard is known for offering low-cost, passively managed ETFs that emphasize broad market exposure and long-term investing. The company operates 175 ETFs across diverse fund families including Index, Bond, Equity, Dividend, Income, International, Factor, and ESG strategies, serving investors with various goals from core portfolio building to specialized income generation. Notable for its scale and popular tickers like VB (total U.S. small-cap), BND (total bond market), and VBIAX (international bonds), Vanguard focuses on providing comprehensive, index-based investment solutions with an emphasis on cost efficiency and accessibility.

See our curated list of related YouTube videos on VTI.

Side-by-side snapshot

FSKAXVTI
Full nameFidelity Total Market Index FundVanguard Total Stock Market ETF
IssuerFidelity InvestmentsVanguard
Last Close$207.17 as of July 15, 2026$371.16 as of July 15, 2026
Distribution yield0.01%1.12%
Distribution Safety Score 69100
Expense ratio2.01%0.03%
AUM$138B$654B
Distribution frequencyQuarterly
Underlying indexCRSP US Total Market Index
ObjectiveTrack the CRSP US Total Market Index, representing the broad U.S. equity market.
Asset classEquityEquity
Inception date11/05/199705/24/2001
Beta1.031.0379
Last dividend$0.1640$1.0437
Ex-dividend date04/10/202606/26/2026

Bottom lineChoose FSKAX if you want broad equity exposure. Choose VTI if you want higher current income (1.12% vs 0.01% for FSKAX).

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Visual comparison

Key metrics

Projected income on $10K

Projections assume the current yield and share price remain constant. Actual results will vary.

Quick verdict

FSKAX (Fidelity Total Market Index Fund) is a mutual fund, while VTI (Vanguard Total Stock Market ETF) is an ETF — they take fundamentally different approaches.

VTI offers the higher yield at 1.12% vs 0.01% for FSKAX. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.

VTI is cheaper with an expense ratio of 0.03% compared to 2.01%.

VTI is the larger fund by assets ($654B), which generally means tighter spreads and better liquidity.

Deep dive

Yield & income

On a $10,000 investment, FSKAX would generate roughly $0.08/month, while VTI would produce $9.33/month, at current distribution rates.

FSKAX yield0.01%
VTI yield1.12%
Monthly diff on $10K$9.25

Cost & efficiency

Over 10 years on $10,000, FSKAX would cost approximately $2,010 in fees vs $30 for VTI (simplified, not compounded). The $1,980.00 difference may be offset by yield or performance.

FSKAX ER2.01%
VTI ER0.03%

Strategy & risk

FSKAX is a mutual fund, while VTI tracks CRSP US Total Market Index. Beta is 1.03 for FSKAX and 1.0379 for VTI, indicating FSKAX is less volatile relative to the market.

FSKAX beta1.03
VTI beta1.0379

Fund details

FSKAX is managed by Fidelity Investments (launched 11/05/1997) with $138B in assets. VTI is managed by Vanguard (launched 05/24/2001) with $654B in assets.

FSKAX AUM$138B
VTI AUM$654B

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Frequently asked questions

Is FSKAX or VTI better for dividend income?

It depends on your goals. VTI currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.

What is the difference between FSKAX and VTI?

FSKAX (Fidelity Total Market Index Fund) is a mutual fund, while VTI (Vanguard Total Stock Market ETF) tracks CRSP US Total Market Index. They are issued by Fidelity Investments and Vanguard respectively.

Can I hold both FSKAX and VTI?

Yes — nothing prevents holding both. Whether the combination actually diversifies depends on how much the underlying exposures overlap, which isn't fully measurable from the data on this page; review each security's holdings, sector, and strategy before treating them as complementary.

Which has lower fees, FSKAX or VTI?

FSKAX has an expense ratio of 2.01% while VTI charges 0.03%. Lower fees mean more of your investment returns stay in your pocket over time.

How much income does $10,000 in FSKAX vs VTI generate?

At current rates, $10,000 in FSKAX would generate roughly $0.08 per month ($1.00 annually). The same in VTI would produce about $9.33 per month ($112.00 annually).

More comparisons to explore

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