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S&P 500 Index
                   Fidelity vs Vanguard 500 Index







                                                33.71      16.12  16.24  0  0  0.15  0.16  Micro  Small  Mid  Large  Vanguard  Fidelity  Vanguard  Fidelity  S&P 500 Index S&P 500 Index  $230.90 Bil $230.65 Bil  507  505  29%  29%  0.035%  0.015% *Expense ratios representative of Fidelity “Institutional” share classes and Vanguard “Institutional” share classes.  4 © 2022 Innovest Portfolio Solutions, LLC



                                                33.84










                                       49.55



                                      49.76                                 Mega



                                                                                                Benchmark  Avg. Market Cap  Index Holdings  % Holdings T10  Expense Ratio*



                                   60    50    40    30     20    10    0                 Fund
   21   22   23   24   25   26   27   28   29   30   31