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Fidelity 500 Index Fund price if it had Exxon Mobil Corporation's market cap

Fidelity 500 Index Fund at $260.68 becomes $177.16 at the Exxon Mobil Corporation market cap.

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Formula

Fidelity 500 Index Fund hypothetical price = Fidelity 500 Index Fund current price x (Exxon Mobil Corporation market cap / Fidelity 500 Index Fund aum / fund size).

Context

ETF and fund comparisons use AUM or fund size where available. Fund share counts and ETF creation/redemption mechanics mean this is a size benchmark, not a price forecast.

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FAQ

Questions about Fidelity 500 Index Fund and Exxon Mobil Corporation

What does Fidelity 500 Index Fund price if it had Exxon Mobil Corporation's market cap mean?

It compares Fidelity 500 Index Fund as Asset A with Exxon Mobil Corporation as Asset B, using Exxon Mobil Corporation market cap as the target size.

How is the result calculated?

Fidelity 500 Index Fund hypothetical price = Fidelity 500 Index Fund current price x (Exxon Mobil Corporation market cap / Fidelity 500 Index Fund aum / fund size).

What changes when I swap the assets?

Direction matters. Fidelity 500 Index Fund with Exxon Mobil Corporation's market cap is different from Exxon Mobil Corporation with Fidelity 500 Index Fund's aum / fund size because the starting price, supply, shares, or size metric changes.

Fidelity 500 Index Fund price if it had Exxon Mobil Corporation's market cap | Marketcaper