Can You Buy VOO on Fidelity? Yes, Step-by-Step Guide + Fees
VOO tracks the S&P 500 and holds shares of large U.S. companies. It gives investors exposure to the S&P 500 through a low-cost, passively managed ETF.
The ETF is listed on NYSE Arca and trades throughout the market day.
Fidelity offers online trading in U.S. ETFs, including access to VOO.
| Monthly Total Returns | VOO | Category |
|---|---|---|
| YTD | 13.11% | 5.14% |
| 1-Month | 2.72% | 9.43% |
| 3-Month | 1.67% | 3.42% |
| 1-Year | 20.34% | 27.72% |
| 3-Year | 21.01% | 19.34% |
| 5-Year | 12.75% | 11.20% |
| 10-Year | 15.34% | 13.77% |
| Last Bull Market | 0.00% | 0.00% |
| Last Bear Market | 0.00% | 0.00% |
Is VOO Enough For Retirement?
See whether holding only VOO makes sense in retirement, including market-crash risk, sequence-of-returns risk, withdrawals and ways to build a more balanced portfolio.
See If VOO Is Enough
How to Buy VOO on Fidelity
Fidelity lets you buy eligible ETFs such as VOO by entering either a dollar amount or a number of shares.
You can place market or limit orders and review the order before submitting it.
| Step | What You Do | Beginner-Friendly Explanation |
|---|---|---|
| 1 | Log in to Fidelity | Make sure your brokerage account has money available to invest. |
| 2 | Go to Trade | On the website, choose Trade → Stocks/ETFs. On the app, tap Trade. |
| 3 | Enter VOO | VOO is the ticker symbol for the Vanguard S&P 500 ETF. |
| 4 | Choose Buy | You’re telling Fidelity that you want to purchase VOO. |
| 5 | Choose Dollars or Shares | Dollars is easiest for beginners. For example, enter $100 to invest $100. Fidelity supports fractional shares starting at $1. |
| 6 | Choose Market or Limit | Market = buy at the available market price. Limit = set the highest price you’re willing to pay. |
| 7 | Choose Day | Your order is active for that trading day. For a simple purchase, Market + Day is easy to understand. |
| 8 | Review your order | Check that it says VOO → Buy → your amount. |
| 9 | Place the order | On the website, tap Preview Order, then Place Order. |
| 10 | Check your order | Go to Activity & Orders to see whether your purchase went through. |
Fractional-share orders can be as small as $1, and Fidelity converts the dollar amount into a fractional share.
ETF trades generally settle one business day after the trade date (T+1).
Does Fidelity Have A High-Yield Savings Account?
Find out how Fidelity’s cash and savings options compare with high-yield savings accounts, including interest rates, FDIC coverage, access to your money and key differences to know.
See Fidelity’s Savings Options
Does Fidelity Charge a Fee to Buy VOO?
Fidelity charges $0 in commission for online U.S. ETF trades, including purchases made through its website or mobile app.
VOO also has its own fund expense ratio, which is separate from Fidelity’s trading commission.
| Cost | What You Pay | When You Pay? |
|---|---|---|
| Fidelity trading commission | $0 | When you buy VOO online or through the Fidelity app |
| Account fee | $0 | No fee for maintaining a regular retail brokerage account |
| VOO expense ratio | 0.03% per year | Built into the ETF’s expenses; you don’t receive a separate bill |
| Bid-ask spread | Small, varies | When you buy or sell VOO; this is part of normal ETF trading |
| SEC transaction fee | Only when selling | Applies to covered securities sales, not purchases |
| Taxes | Depends | Selling VOO in a taxable account may create a capital gain |
Can You Buy Fractional Shares of VOO on Fidelity?
Yes, Fidelity allows you to buy fractional shares of VOO, so you don’t need enough money to purchase one whole share.
Fidelity supports fractional trading for eligible U.S.-listed ETFs, with a minimum investment of $1.
| Feature | Fidelity + VOO |
|---|---|
| Eligible? | Yes — VOO is an eligible exchange-listed ETF |
| Minimum | $1 |
| Buy by | Dollar amount or fractional shares |
| Fraction precision | Up to 0.001 shares |
| Order types | Market or limit |
| Order duration | Day order |
| Execution | Regular market hours: 9:30 AM–4:00 PM ET |
| Recurring investing | Yes — automate a dollar amount weekly, every 2 weeks, or monthly |
| Settlement | T+1 |
| First trade | May require acceptance of Fidelity’s updated Customer Agreement |
| Transfer fractional shares? | No — fractional shares must be sold before transferring out |
VOO vs. Fidelity’s S&P 500 Funds
VOO and FXAIX both seek to track the S&P 500, while their primary differences are fund structure, expense ratio, and trading method.
| Feature | VOO | FXAIX | FUSVX | FNILX |
|---|---|---|---|---|
| Fund company | Vanguard | Fidelity | Fidelity | Fidelity |
| Fund type | ETF | Mutual fund | Mutual fund | Mutual fund |
| Index | S&P 500 | S&P 500 | S&P 500 | Fidelity Large Cap Index |
| Expense ratio | 0.03% | 0.015% | ~0.035% | 0% |
| $100,000 annual fee* | ~$30 | ~$15 | ~$35 | $0 |
| Intraday trading | Yes | No | No | No |
| Trades at | Market price | End-of-day NAV | End-of-day NAV | End-of-day NAV |
| Bid/ask spread | Yes | No | No | No |
| Automatic investing | Depends on broker | Easy | Easy | Easy |
| S&P 500 exposure | Yes | Yes | Yes | No |
| Tax efficiency | Excellent | Very good | Very good | Very good |
| Fidelity account | Not required | Ideal | Ideal | Ideal |
| Portability | Excellent | Good | Good | Good |
| Best for | Flexibility & ETFs | Long-term Fidelity investors | Institutional/premium use | Zero-fee large-cap exposure |
Based on current expense ratios, FXAIX costs 0.015% annually compared with 0.03% for VOO, while VOO trades throughout the day as an ETF and FXAIX is priced once daily as a mutual fund.
Buying VOO on Fidelity FAQ
Yes, you can buy VOO through a Fidelity brokerage account without opening a Vanguard account.
None, Fidelity offers commission-free online trades of U.S. stocks and ETFs, including VOO.
No, there are generally no additional trading or platform fees for buying VOO, although a small SEC fee may apply when you sell.
Yes, you can buy fractional shares of VOO with as little as $1 through Fidelity’s dollar-based trading.
You can use standard ETF orders such as Market and Limit orders during regular market hours, with eligible orders also available outside regular hours.
Your VOO purchase generally settles one business day after the trade under the U.S. T+1 settlement rule.
Yes, Fidelity lets you schedule recurring purchases of VOO using dollar amounts or shares on a daily, weekly, biweekly, or monthly schedule.
It depends on your account type and investing preferences: VOO offers intraday ETF trading, while FXAIX has a lower expense ratio and may be more convenient in a Fidelity account.
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