Personal Investments • Re: VOO equivalent of Fidelity ETF?

Like many people here, most of my investment is in VOO with Vanguard. My brokerage account with Vanguard is getting close to the max SIPC insurance, $500k. I am thinking about putting some money into Fidelity. I don't think Fidelity has an equivalent version of VOO, right? It looks like Fidelity has FSKAX which has a similar return as VOO. Any other ETFs at Fidelity I should consider? Thanks.

Maybe it's just me, but I wouldn't choose to fork off investments from my Vanguard brokerage account in order to keep the asset level beneath the
$500K SIPC asset level. Vanguard has insurances outside of SIPC to insure up to $49,500,000 assets and $1,900,000 cash (according to Forbes).

https://www.forbes.com/advisor/investin ... ge-review/

Vanguard is also a member of the Securities Investor Protection Corporation (SIPC), which insures customer security holdings of up to $500,000 ($250,000 of cash) per investor. An additional insurance policy covers up to $49,500,000 in assets and $1,900,000 in cash.

My preference is to consolidate holdings, to the extent it makes sense. I currently have brokerage accounts at only two firms.

There are products at Fidelity that I like, such as their Cash Management Accounts and their Health Savings Accounts, and I keep accounts there for those purposes.

Statistics: Posted by zrzhu111 — Fri Jul 19, 2024 3:34 pm