The Fidelity equivalent of VTSAX is FZROX (Fidelity ZERO Total Market Index Fund).
FZROX provides exposure to the entire U.S. stock market, including small-, mid-, and large-cap stocks. It has no expense ratio and has performed similarly to VTSAX over the long term.
The fund’s holdings are well diversified across different sectors.
A Quick Glance at FZROX
|Funds||Fidelity® ZERO Total Market Index Fund|
|3-year total return||+25.81%|
|3-year standard deviation||18.21%|
|Min. initial investment||0.00|
|Net expense ratio||0.00%|
|Total net assets||13.26bn USD|
|Morningstar category||Large Blend|
FZROX does not charge a yearly fee.
Yes, it does. Fidelity ZERO Total Market Index Fund (FZROX) pays dividends once a year to shareholders.
FZROX is a Fidelity’s mutual fund, it is not an ETF.
FZROX is a total market fund that really only holds like 75% of the market. It’s a 0 expense ratio because it relies on lending its shares to short sellers for income.
It has 2662 holdings as of 9/30/2021.
Is FZROX a Good Buy?
Imran M wrote –– Mar 15, 2020
Joseph J wrote — Jan 18, 2021