FSKAX vs FZROX
Fidelity Total Market Index Fund vs Fidelity ZERO Total Market Index Fund
Buy FSKAX if…
- •You might switch brokerages someday
- •You prefer the established index
Buy FZROX if…
- •Zero fees are what you're after
- •Fidelity is your home for life
Key Metrics
Cost Calculator
Annualized Returns
Top 10 Holdings
Related Comparisons
Fidelity for Life Or For… Now
FSKAX and FZROX are Fidelity's total US stock market funds — same idea as the S&P 500 pair, but now you're getting the whole market including mid-caps and small-caps. FZROX is the "zero" fund with a 0.00% expense ratio, while FSKAX charges 0.015%. Again, we're talking about practically nothing in fees either way.
FZROX tracks Fidelity's proprietary "Total Market Index" to dodge licensing fees, while FSKAX tracks the Dow Jones US Total Stock Market Index (the official one). Both hold thousands of stocks and perform nearly identically. FSKAX has a longer track record and is more portable if you ever leave Fidelity, but FZROX saves you that extra sliver of cost.
If you're committed to Fidelity long-term, FZROX makes sense. If you want the established index or might switch brokerages someday, FSKAX is the safer bet. Either way, you're getting broad US market exposure for essentially free.