I just opened a Roth IRA with Fidelity, not sure which of these funds to put my money into. I'll pay 1.5 cents (or 4.5 cents with fspsx and fsmax) on every $100 a year to wait a few years of returns to see within my IRA as well. ITOT vs VTI vs FSKAX vs FZROX vs VTSAX for a Fidelity Brokerage My retirement funds are maxed out so I would like to invest around 10k to 20k in a taxable brokerage at Fidelity (where all my other accounts are). After six months, the return on FZROX is about 0.8% (4.8% vs 4%) higher than FXAIX. I would assume returns will be same for both indexes as they are tracking same thing? Yet it would be a mistake for every indexer to buy this fund (ticker: FZROX). FZROX description. Why does vanguard have more returns if it is a total market fund too? See Fidelity® Total Market Index Fund (FSKAX) mutual fund ratings from all the top fund analysts in one place. Terminology notes: Percentage points are abbreviated "pp". Their general movement basically mirrors each other, but in the CURRENT market of high volatility, the Total Market fund seems to fare slightly better. The Fund invests at least 80% of its assets in common stocks included in the Dow Jones US Total Stock Market Index, which represents the performance of a broad range of U.S. stocks. Pretty painless except I lost my cost basis. This post will try to help inform people about the "ETF vs mutual fund" decision, and we're going to go through some examples, most notably ITOT (ETF) vs FZROX (mutual fund). FZROX uses Fidelities proprietary index which is exactly 2500 of the largest U.S. companies. Percentage points are for describing absolute amounts, not relative amounts (which we use percentages for). I logged into my Fidelity netbenefits account to see my FSTVX shares were sold and repurchased as FSKAX on 10/26. Find the latest Fidelity 500 Index Fund (FXAIX) stock quote, history, news and other vital information to help you with your stock trading and investing. No problem with going with Fidelity over Vanguard. See Fidelity ZERO Total Market Index Fund (FZROX) mutual fund ratings from all the top fund analysts in one place. It invests its assets in common stocks included in the Fidelity US Total Investable Market Index,a float-adjusted market capitalization-weighted index designed to reflect the performance of the US equity market. Share your opinion and gain insight from other stock traders and investors. Only had about 10 months worth of contributions in there but oh well. Find the latest Fidelity Total Market Index Fun (FSKAX) stock discussion in Yahoo Finance's forum. Many investors ask whether it is sufficient to invest in an S&P 500 fund such as FXAIX. ER 0.0 as you point out. It invests its assets in common stocks included in the Fidelity US Total Investable Market Index,a float-adjusted market capitalization-weighted index designed to reflect the performance of the US equity market. If you owned fskax in a brokerage account for years, then it would cost more to switch than the very small expense ratio you pay and it may never pay off to switch at such small margins due to built up capital gains. If you owned fskax in a brokerage account for years, then it would cost more to switch than the very small expense ratio you pay and it may never pay off to switch at such small margins due to built up capital gains. YTD Returns: Theoretically lets say I am sticking to fidelity, what would be the difference, and why would anyone pay fees? fzrox vs. VTI: Does Fidelity's 0% Expense Ratio Make It A Better Choice Than A Vanguard Index ETF? No need to be a Vanguard fanboy. My retirement funds are maxed out so I would like to invest around 10k to 20k in a taxable brokerage at Fidelity (where all my other accounts are). VTI description. The Fidelity ZERO Total Market Index Fund (NASDAQMUTFUND:FZROX), and funds like it, essentially invest in every single company listed on U.S. markets with only a few exceptions. Join our community, read the PF Wiki, and get on top of your finances! The Fund seeks to track the performance of a benchmark index that measures the investment return of the overall stock market. My thought process was the low process of FZROX allows for heavy volume buying plus it's a zero fee fund. I have my company offered 401k diversified in Vanguard funds. Investing. You can check out all comparisons Finny users have looked for here. I feel that since there are zero fees with the ZERO indexes, it would be a better choice for my Roth IRA; however, there isn't a long history on any of … I have shares that I purchased years ago that I'm still holding (AAPL, MSFT, V). The funds are essentially the same. ITOT vs VTI vs FSKAX vs FZROX vs VTSAX for a Fidelity Brokerage. They picked a nice time for a rebalance and the new institutional shares are even .01 cheaper but with the same ER Find the latest Fidelity International Index Fu (FZILX) stock quote, history, news and other vital information to help you with your stock trading and investing. TLDR; I'm not losing sleep over 1.5 or 4.5 basis points and waiting for results over time to see if the new zero fee funds outperform their fee counterparts. Fidelity rocked the investment world in July 2018 with its introduction of the first two mutual funds with zero fees: Fidelity ZERO Total Market Index Fund (), and Fidelity ZERO International Index Fund ().. All other things being equal, I would prefer to invest in the total stock market, because of its exposure to the entire stock market, including small-cap and mid-cap stocks. FZROX description. I made this EXACT transaction about six months ago. FSKAX description. Data by YCharts Since inception, FZROX has essentially matched the performance of the Vanguard Total Stock Market ETF ( VTI ), although the presence of mid- and small-caps in the portfolio has resulted in it lagging the S&P 500 ( SPY ) by a modest amount.