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- In this video, Im gonna go through the five best Fidelity funds to buy and hold forever. Now youre going to notice that all of the Fidelity zero index funds are missing from this top five, because they arent really what they appear to be on the surface. Later in the video, Ill send you to another video I made uncovering their dirty little secret. First up is the Fidelity 500 Index Fund, FXIAX. Theres only a few funds that I would consider foundational fund that most people should hold. And if you prefer Fidelity funds, then this would be one of them. FXAIX tracks the SP 500, which is made up of the 500 largest U.S. stocks, based on market cap. All a market cap is is the total number of outstanding shares multiplied by the price of the stock. These 500 stocks represent about 80% of the U.S. market cap. So these companies are what really moves the price of the overall stock market. To put it into perspective, theres about 4,300 publicly traded U.S. stocks. That means once we re
