They are just looking at the share price or the same cost basis as you did, this is completely useless information, ignore it.I spoke with the Fidelity rep about it and the they informed me its down and nothing more.
You can find the fund's actual performance at Vanguard or Morningstar or even Fidelity. The annualized return over the past 3 years is +1.33% as of 10/31 or +2.65% (and +8.71% cumulative) as of 11/29.
https://www.morningstar.com/funds/xnas/vgstx/chart
Not that you should make buy/sell decisions based on short term performance results, but if you are going to look at performance for whatever reason, at least take the time to seek out accurate numbers.
What cost basis is
In its broadest sense, cost basis refers to the price you paid for your shares. That figure is adjusted upward for reinvested dividends and capital gains and any commissions or transaction fees you paid.
What cost basis won't necessarily tell you is how much money you made on an investment. It's intended to help you calculate your capital gains and losses when it's time to file your taxes*.
https://investor.vanguard.com/investor- ... cost-basis
*in a taxable account, this is not applicable to a 401K
Statistics: Posted by jeffyscott — Sun Dec 01, 2024 8:35 am