FSPGX vs VBILX Fund Comparison

A comparison between FSPGX and VBILX based on their expense ratio, growth, holdings and how well they match their benchmark performance.

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Minafi's Take on FSPGX vs VBILX

Here's an in depth look at the differences between Fidelity® Large Cap Growth Index Fund ($FSPGX) and Vanguard Intermediate-Term Bond Index Fund Admiral Shares ($VBILX).

To start off, here's a look at the basics of each fund. Keep an eye on the FI Score. That's a custom score from 0 to 100 that we generate based on how good this fund is for the casual investor. Most investors only need a handful of total funds in their portfolio. The higher the score, the more likely this is one of those few. Score alone isn't enough! Keep reading on to see how different (or perhaps similar) these two funds are.

88% FI Score
  • fspgx
  • Mutual Fund
  • US Stocks
  • Large Growth

Fidelity® Large Cap Growth Index Fund

Expenses: 0.04% (Better than 1% of similar funds)

This is an OK choice for a Large Growth US Stocks fund. See why »

95% FI Score
  • vbilx
  • Mutual Fund
  • Bond
  • Total US Bond Market

Vanguard Intermediate-Term Bond Index Fund Admiral Shares

Expenses: 0.07% (Better than 1% of similar funds)

This is a great choice for a Total US Bond Market Bond fund. See why »

Both $FSPGX and $VBILX are categorized as Mutual Funds. Mutual funds are often offered by 401(k) platforms and are essentially the same as ETFs. Mutual funds are generally offered by an investment platform – Fidelity has Fidelity mutual funds, Vanguard has Vanguard mutual funds. Mutual funds are ideal for retirement investing since you can invest any amount. That allows you to invest every last cent and benefit from the market.

The biggest disadvantage of mutual funds is that you're usually limited to the funds on your investment platform. If you're investing on Fidelity, you'll want to pick Fidelity mutual funds (or any ETF). Same with Vanguard. Some platforms offer mutual funds from other platforms, but they may charge a purchse or redemption fee. I'd recommend using the same platform as your funds – or stick to ETFs.

To learn more about the difference between these two, you can read about the difference between ETFs and Mutual Funds.

When evaluating a fund, the first things I look at are:

  • What it invests in
  • How much it charges in fees
  • How large the fund is

Let's look into these criteria one by one and see if either of these funds stands out.

Fund Holdings Comparison

Minafi's FI Score algorithm takes into account the category and market. The more niche a fund is, the lower the score. This doesn't mean it's a worse fund, but it does mean you should stop and make sure this a fund you need to diversify your portfolio.

Market Score 7.9 /10 9.5 /10
Category Score 8.0 /10 10.0 /10
Total 15.9 19.5

A score of 10 means this is a solid market and category that almost every investor will want to have investments in. The lower the score, the more specific the investment. These scores are based on when most investors would add these funds to their portfolio. A score of 10 means that this fund (or one like it) belongs in a three-fund portfolio. The lower the score, the farther down in your portfolio a fund would go.

Winner: $VBILX

Fee Comparison

Fees are one of the biggest killers of portfolio growth. The difference between a 2% fee and a 0.04% fee over 30 years can result in your portfolio having half the total value!

If you're just getting started investing and learning how fees impact your portfolio, I'd encourage you to read through my free investment course (specifically '2.2 - All About Fees') where I go over all the different types of fees you can be charged and how to lower them.

For these two funds, FSPGX has an expense ratio of 0.04% while VBILX has an expense ratio of 0.07%. In this case, both of these funds have a similar fee.

Winner: $FSPGX (barely)

Fund Size Comparison

Both FSPGX and VBILX have a similar number of assets under management. FSPGX has 4.39 Billion in assets under management, while VBILX has 36.4 Billion.

Minafi categorizes both of these funds as large funds. Fund size is a good indication of how many other investors trust this fund. A large fund by itself doesn't mean it's a good fund, but it is one thing to consider when figuring out how to choose the right fund.

Winner: tie

Which Should You Choose? FSPGX or VBILX?

Comparing these two funds isn't an apples to apples comparison. FSPGX is a US Stocks Large Growth fund, while VBILX is a Bond Total US Bond Market fund.

If you're aiming to build a diversified, low-fee, tax-optimized portfolio you likely won't be choosing between these two funds since they're different enough.

Running both of these funds through Minafi's FI Score algorithm, gives FSPGX a score of 88 and VBILX a score of 95.

Winner: $VBILX, Vanguard Intermediate-Term Bond Index Fund Admiral Shares


Fidelity® Large Cap Growth Index Fund


Read More
Rating Type Rating
Expense Ratio Score 10 /10
Expense Rating 10 /10
Market Score 8 /10
Category Score 8 /10
Overview Details
Fund Type Mutual Fund
Inception Date Jun-7-2016
Exchange NMFQS
Expense Ratio 0.040%
Net Assets 4.39 Billion
Yield 0.94%
Description Info
Market US Stocks
Category Large Growth
  • Basic Materials 0.97%
  • Communication Services 12.04%
  • Consumer Cyclical 14.98%
  • Consumer Defensive 4.70%
  • Energy 0.17%
  • Financial Services 7.54%
  • Healthcare 14.90%
  • Industrials 8.35%
  • Real Estate 2.49%
  • Technology 33.81%
  • Utilities 0.06%
  • Africa/Middle East 0.01%
  • Asia Emerging 0.26%
  • Europe Developed 0.02%
  • Latin America 0.03%
  • North America 99.67%
  • United Kingdom 0.02%


Vanguard Intermediate-Term Bond Index Fund Admiral Shares


Read More
Rating Type Rating
Expense Ratio Score 10 /10
Expense Rating 9 /10
Market Score 10 /10
Category Score 10 /10
Overview Details
Fund Type Mutual Fund
Inception Date Mar-1-1994
Exchange NMFQS
Expense Ratio 0.070%
Net Assets 36.4 Billion
Yield 2.63%
Description Info
Market Bond
Category Total US Bond Market
  • Agency MBS ARM 0.00%
  • Agency MBS CMO 0.00%
  • Agency MBS Pass-Through 0.00%
  • Asset-Backed 0.19%
  • Bank Loan 0.00%
  • Cash & Equivalents 0.75%
  • Commercial MBS 0.00%
  • Convertible 1.51%
  • Corporate 40.21%
  • Corporate Bond 38.70%
  • Covered Bond 0.00%
  • Government 58.59%
  • Municipal 0.25%
  • Non-Agency Residential MBS 0.00%
  • Non-U.S. Government 1.41%
  • Other 0.00%
  • Other Government Related 2.76%
  • Preferred 0.00%
  • Securitized 0.19%
  • U.S. Agency 0.46%
  • U.S. Treasury 53.97%
  • U.S. Treasury Inflation-Protected 0.00%

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