<prompt> Human: Ive only started investing in the stock market two years. Im 26 now, so Im a little behind. In any case, I opted to invest in target funds through my employers 401k, which uses Fidelity. This image shows my Mint.com overview of my investments. As you can see, the vast majority of my investments have been in FFFHX, and Ive only recently started to invest elsewhere, like Vanguards target fund VFIFX as well as Fidelitys contrafund FCNTX and Spartan SP 500 Growth ETF SPYG.The graph shows all my investments so far are up 13, but thats still 14 under the SP 500s 27. I thought target funds mostly indexed the market and then slowly got more conservative? Looking at the 5 year graph comparison between Fidelitys and Vanguards target funds against the SP 500, FFFHX and VFIFX mostly matched the SP 500 until November 2011, and then really started to under-perform against it though Vanguard caught up a little bit more since 2013.Whats going on here? Obviously, continuous under-performance against the market, even with small percentages, can add up to a lot of money of the long-run. Would it make more sense to ditch the target date funds and simply opt for indexed investments?  <response>: Target funds are comprised of different asset classes than the S P 500 