FXAIX vs. HACAX (company, investment, economy, capital)

[Swizzle Stick]

HACAX has had a nice run this year, and is closely related to QQQ as it's tech heavy, but HACAX is more diversified. I am heavily invested in it, but I am now thinking that FXAIX has more fundamentals, and would have a more solid footing moving forward as the economy reopens. Thoughts upon which fund to invest?

[Lillie767]

Do you want growth or do you want core? You have to consider the relationship within your total portfolio.

HACAX, run by Jennison Associates is growth focused. The Fidelity fund is managed by Geode Capital Management, a quantitative investment management company.

As you would expect, as a Blend fund, the Fidelity fund has a higher yield than the growth oriented Harbor fund. The Harbor fund however has a higher Earnings Growth than the Fidelity fund.

Each could have a place within a diversified portfolio. Only you know what that place is.