FNILX vs VOO
Fidelity ZERO Large Cap Index Fund vs Vanguard S&P 500 ETF
Buy FNILX if…
- •You're okay committing to Fidelity long-term
- •Zero fees make you smile
Buy VOO if…
- •You want portability across brokerages
- •You enjoy flexibility
FNILX
VOO
Type
Mutual Fund
ETF
Issuer
Fidelity
Vanguard
Holdings
10
503
Index
—
S&P 500
AUM
$16B
$823B
Inception
2018
2010
Key Metrics
Expense Ratio
0.00%
0.03%
Dividend Yield
+0.95%
+1.15%
Daily Liquidity
0
7.42M
Risk (β)
1.00
1.00
Cost Calculator
$
%
FNILX Fees
$0
VOO Fees
$0
Annualized Returns
YTD
+17.72%
+17.68%
1 Year
+14.31%
+14.33%
3 Years
+20.99%
+20.49%
5 Years
+14.56%
+14.87%
10 Years
+10.25%
+14.56%
Top 10 Holdings
APPLE INC
6.83%
NVIDIA Corporation
8.46%
MICROSOFT CORP
5.91%
Apple Inc
6.87%
NVIDIA CORP
5.64%
Microsoft Corporation
6.59%
AMAZON.COM INC
4.26%
Amazon.com Inc
4.06%
META PLATFORMS INC CL A
2.88%
Broadcom Inc
2.98%
ALPHABET INC CL A
2.28%
Alphabet Inc Class A
2.80%
TESLA INC
2.16%
Meta Platforms Inc.
2.41%
BROADCOM INC
1.98%
Alphabet Inc Class C
2.25%
ALPHABET INC CL C
1.87%
Tesla Inc
2.19%
BERKSHIRE HATHAWAY INC CL B
1.64%
Berkshire Hathaway Inc
1.50%
Related Comparisons
Fidelity or Flexibility
FNILX and VOO both give you exposure to roughly the same ~500 large-cap US stocks, but they're structured differently. FNILX is a Fidelity mutual fund with a 0.00% expense ratio, while VOO is a Vanguard ETF charging 0.03%. Both are dirt cheap, but FNILX technically wins on cost.
The actual choice is the platform:
VOO is an ETF, so it trades throughout the day like a stock and is available at any brokerage without transaction fees. FNILX is a mutual fund that only prices once at market close, and it's essentially Fidelity-only — if you buy it elsewhere, you'll likely get hit with transaction fees that wipe out any expense ratio savings.
Jan Klosowski
Read blog →
Sector Breakdown
FNILX
VOO