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Advantages and disadvantages of FXAIX vs IVV?

G
Dec 19, 2025 · 15:36

Hi everyone, I am a bit confused on the advantages and disadvantages of FXAIX vs. IVV for long-term investing. Obviously FXAIX is an index fund and IVV is an ETF, but are there different tax stuff that I am missing? On Fidelity the expense ratio for FXAIX is half that of IVV... just not clear if/why FXAIX is superior to IVV for long-term investing. Anyone smarter than me able to help lol?