Fzrox Vs Fskax - FNILX/FZROX dumb question : r/Fidelity.

Both FLPSX and FSKAX are mutual funds. The chart below displays the growth of a $10,000 investment in both assets, with …. 5% receive 4 stars, the next 35% receive 3 stars, the next 22. What Is FSKAX? The Fidelity Total Market Index Fund (FSKAX) is a low-cost mutual fund that holds nearly 4,000 stocks. From what I’ve seen online it looks like the non zero funds have outperformed the zero funds by more than the expense ratio, and offer greater diversity, so the non zero appears better. First of all, thanks for the read. 015, minimum $0, ROI after sale of fund shares and taxes after 10 years 10. FZROX is less diversified (2800 stocks vs FSKAX almost 4000 stocks) and tracks Fidelity's own proprietary "index". Is that really worth the hassle? With the advent of commission-free trading across most securities on most platforms, the. Reply reply dawglawger • In a market cap weighted index I just don't see the marginal benefit of owning over 3 thousand more stocks in a total index vs s&p 500. If you add FTIHX, you are adding 4,711 more. Expert Advice On Improving Your Home Videos Latest V. Also FSKAX isn’t an ETF, it’s a Mutual Fund. FNILX, being a 0-cost fund, only pays a dividend once per year, as opposed to VOO, which pays quarterly. However, it is important to keep perspective that you would save only $15 per $100,000 invested per year in FZROX over FSKAX and $60 per $100,000 invested per year in FZILX over FTIHX or FSGGX. FNILX is close to, but not exactly, the S&P 500, as it is 500 large cap companies (but different inclusion criteria) where FZROX is US total market style (like VTI). Post by GarfieldBogle » Wed Mar 06, 2024 6:55 pm. Tax efficiency of Fidelity index funds like FSKAX/FZROX. They are only available in Fidelity accounts. 2,485), so it will probably track the total market slightly better over a long period of time. Basically the same performance but no fees. My personal preference is regular …. If you are really thinking seriously about changing brokers an ETF would be a lot more portable. If my calculations are correct, at the $11. Cost is one of the biggest differences between the two. According to the index, this is what I found: Fidelity Total Market Index Fund FSKAX …. FZROX has a smaller number of stocks in its portfolio compared to FSKAX and VTSAX. Get the latest Fidelity Total Market Index Fund (FSKAX) real-time quote, historical performance, charts, and other financial. There is a $3,000 minimum investment for each Vanguard fund, …. I haven't actually looked into the Zero funds' distributions, but you will want to do that first. FSPSX was better than those at least over the last 10 years or whenever the zero funds began and it has a very low expense ratio. FZROX, let's highlight some of the benefits of both funds. FZROX vs FXAIX: Key differences. In the long run, does it really make that big of a difference if I'm already choosing index funds with low expense ratios?. As of 1/15/2024, FZROX has a one year annualized return of 26. zillow columbia tn Want to start better planning for my future financially. Post by willthrill81 » Wed Jul 13, 2022 11:12 pm. Secondly, FZROX is a mutual fund and VTI is an ETF. if this is a taxable brokerage account, my recommendation is that you switch. If you want stick with Fidelity, then use VTI, VEA, and VWO in taxable accounts. They can make up for the expense ratio by artibrage with spread, occasional dividend payouts (didn't check but I'd …. 3) When you own FSKAX, you are holding 3,683 stocks. Fidelity Multi-Asset Index Fund. Personally in taxable I only hold ETF's(as they are way easier to transition across brokerages), so for me VTI or VXUS. 5 basis points more id go fskax for 1400 more stocks Reply reply xar42. In this video, we take a look at the FZROX $0 Fee Fund and ask the question: is it too good to be true? FZROX has been making waves in the investment world w. Mar 31, 2021 · A forum thread where users compare and discuss the two Fidelity funds FZROX and FSKAX, which track the total market and the zero market respectively. As these funds perform almost identically, either one will be suitable for broad equity coverage in …. For example, 27% of FSKAX is invested in tech stocks (by far the biggest sector of the fund). Dividend history for stock FZROX (Fidelity Total Market Index Fun) including historic stock price, dividend growth rate predictions based on. On $10,000 invested over ten years, the funds have a $160 difference in performance. Maximizing Your 2200 Euros: How to Get the Most Bang for Your Buck when Converting to Dollars. It will have characteristics that will be a hybrid of an S&P 500 index (500 companies - FXAIX) and the Dow Jones total market index (3500 companies - FSKAX). As to your actual question, in taxable skip FZROX(can only be held @ fidelity so taxes if you ever need to move it), so that leaves you with FSKAX or FKAIX. No single company makes up more than 4% of the overall portfolio. See the pros and cons of each fund, such as expense ratio, portability, …. Total Investable Market Index, which is something Fidelity itself made up. Their portfolios are nearly identical: VTI is the most comprehensive total US market fund, and FSKAX is a close second. I was thinking of a 50/30/20 split, but curious to see what people do in this case. Learn how to compare FSKAX and FZROX, two prominent index funds that aim to provide exposure to the U. by Morningstar Manager Research. SWTSX is phenomenal as a total stock index fund, but it’s very tempting to start investing into Fidelity’s FZROX as there is zero expense ratio. delta 31 460 type 2 parts 015% while SWPPX is very slightly more expensive at 0. These low-cost mutual funds provide investors with exposure to. This means that FZROX gives you exposure to a wider range of stocks. FSKAX would be more like VTSAX, and still cheaper. What's it missing from "full …. VTSAX has a $3,000 initial minimum. Just a toss up in grand scheme of things. The proof of the pudding is in the growth charts. Going back a few months and reading through discussions about Roth IRA, the consensus seemed to be split FZROX and FZILX (within different allocations here and there). FZROX offers zero fees, and it’s likely that the asset managers make money through securities lending of the portfolios. But since the holdings are cap-weighted, this amounts to >99% the same holdings but without the fee. FCNTX has a slightly higher expense ratio of 0. FXAIX is cheaper, with an expense ratio of 0. If you invest a fixed amount in each for 30 years and earn 8% gross annually, the difference after 30 years is that the zero cost option has a balance which is 0. helicopter radio scanner If you are going to stick to Vanguard for the rest of your life, just buy VTSAX. This bonus sounds small, but it compounds out to well over $50,000 extra tax advantaged dollars over a typical investing lifetime. Dividend payout frequency - FSKAX pays out semi-annually while FZROX is only once a year. Both are considered top picks due to their broad market exposure. I don't agree with 2 or 3 so I hold VTI/VXUS in my brokerage account at Fidelity and FSKAX/FTIHX in IRA. The total return performance including dividends is crucial to consider when analyzing different …. I wouldn't mind being all in total market if I was going to be 100% stock. wayne county recent obituaries FSKAX has a 10-year average annual return of 14. clearly has taken a beating today but the business model seems sound and completely different vs. FSKAX is OK in taxable, but VTI is better for the above reason. I wonder why the moderator failed to answer the question. So yeah, go for whichever you like best. I’m young and new to all of this. FZROX is a mutual fund launched by Fidelity, recognized for delivering complete exposure to the U. The backbone of a three-fund portfolio consists of a domestic stock fund (usually the S&P 500 or a total stock market index fund), an international stock fund, and a U. 60% FSKAX (or 48% FXAIX/12% FSMAX)/40% FTIHX. Now you have a 60/40 % split again. FZROX and the other 2 zero fee funds were created to attract new customers so they can eventually up sell them to other products. The exception is Vanguard's mutual funds which use a patented arbitrage system to get the same tax efficiency as their ETFs. Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. companies, while FXAIX holds the top 500 largest companies. I hear a lot about the 60/40, 70/30 and 80/20, but not much I can find on the 90/10 split. something around 65/35 FZROX/FZILX makes sense. FNCMX pays dividends once a year (every December), whereas ONEQ pays dividends to shareholders every …. Thank you, US stock market, for contributing just over $2000 to our future. FZILX should perform about as well as VXUS. The expense ratio doesn't come into play with regard to taxes. But if you're looking for a more comprehensive index fund with exposure to small and mid-cap stocks, FSKAX may be the better option. FZROX is plenty diversified but holds fewer stocks than FSKAX. stock market exposure (you won’t get any international exposure here) at index-fund pricing, FSKAX is. If FXAIX does well, FSKAX will also do well. ETFs are better in taxable accounts (or Vanguard mutual funds with an ETF share class). You should probably get some international exposure, so FTIHX. Find exactly when to book your Thanksgiving travel with Google Flights' new tools. Cold Called by Fidelity from 603-402-5050 Several Fidelity customers have reported experiences related …. This fund cannot be transferred to a different broker in the. FXAIX is only the S&P 500, while VTSAX, FSKAX, and FZROX are all US total market style funds. 23%), and funds like it, essentially invest in every single company listed on U. FNILX is fully contained within FZROX. FZROX is locked in at Fidelity. The year-to-date returns for both investments are quite close, with FSKAX having a 5. Their fees are very similar, both near zero. Both funds have their unique features and benefits, but the choice between them can vary depending on the situation. 81% annually and VTI returned 11. First off, contribution limit on Roth IRA's per calendar year is $6k so you're already at your limit. Using a total market fund, like FSKAX or VTI rather than a 500 fund like FXAIX or VOO makes sense for the added diversity although truthfully they'll behave nearly the same. I currently have: approx $15k in my Roth IRA which is 100% in FZROX. used brush cutters for sale I'm not connecting with this new advisor at all. Was looking to invest into these index funds in taxable account for Charles Schwab - Allocations %s below. Some Last Thoughts: As you may tell, FZROX has a 0% expense ratio and you can start with as little as $1. However, the returns of the three funds will be similar but not identical. FZROX is only investable on Fidelity. There are two main differences between FXAIX and FZROX. With that said, you can’t go wrong either way. 🌟Join Our Private Community!🌟 https://wealthpack. Like FXAIX, this fund has the same extremely low expense ratio of 0. FSKAX vs VTSAX Chart — Performance. I am with Fidelity as that is where my 401k is w/ my current job and I decided that. Minafi categorizes both of these funds as large funds. The reason the returns are so similar is because the S&P500 alone makes up about 80% of the entire US market. If those fidelity index funds are the "standard" funds everyone has access to, they are all great choice low cost funds. In a Roth IRA, there is zero tax considerations. Total Investable Market Index". FSKAX is an exchange-traded fund (ETF) with a low expense ratio, making it an attractive choice for cost-conscious investors. FSKAX attempts to track about 80% of the Dow Jones U. Fidelity's Zero Funds are not portable, and if you ever decide to leave Fidelity you would have to liquidate your holdings. TL;DR: FSKAX is preferred over FZROX, and VTSAX is king. Aug 7, 2023 · FZROX has, in fact, outperformed six out of seven of the other funds, notably including Vanguard's and Fidelity's other Total Stock fund. By clicking "TRY IT", I agree to receive. So it already includes FXAIX as well as some medium / small cap companies. I prefer stocks to Bitcoin, but I can’t ignore it. I prefer total stock market indices since it includes the rest of the market not included in the s&p500. FXAIX - Performance Comparison In the year-to-date period, FZROX achieves a 4. You can also track and manage your portfolio …. Bond Index Fund FSKAX vs FXNAX Fund Comparison A comparison between FSKAX and FXNAX based on their expense ratio, growth, holdings and how well they match their benchmark performance. Over those 11 years, the cumulative performance differential has been only been …. anthony carboni saige ryan Fidelity Total Market Index Fund ( FSKAX) 0. FZROX has no expense ratio or other fees at all. Knowing that FZROX pays a yearly dividend in December-ish time frame, just doing some simple math (and please correct me because I’m new to index funds) last year’s div was 0. My international counterparts are FZILX and FSPSX. This is not a concern with passive index funds. Pros and cons Investors looking for a more established total stock market index fund can opt for FSKAX, which tracks the popular. Let’s explore some of the different contexts and how the decision between fzrox and fskax might change. Oct 7, 2020 · The price per share is irrelevant. These small companies add diversification to FSKAX, and they likely also increase expected returns. However, any difference in future performance is likely to be very small because the stocks missing from FZROX. However, it should be pointed out that even when you consider 2022 alone, FXAIX has outperformed FNILX by over 1. 19, I declare FZROX the winner over the last two years. If you compare the performance of FZROX (Fidelity no fee total market index fund), FSKAX (Fidelity regular total market index fund) and VTSAX (Vanguard total market index fund), then FZROX has slightly outperformed the other two in the 4 years it has existed. , count it in my 90% stocks allocation)? How do I calculate the long term implication (I. "Egg-ing" is apparently still a thing. I hold FZROX and FSKAX in mine and my wife's HSA respectively (kinda a financial horse race we're doing. This assumes that the holder is in the highest tax income …. I'm fortunate to have it as my main holding in both my 401K and IRA. Aug 25, 2023 · FSKAX is an exchange-traded fund (ETF) with a low expense ratio, making it an attractive choice for cost-conscious investors. When adjusted for dividend reinvestment and how often dividends are payed out in a year, FXAIX has the slightly better long-term trajectory. Lets say the actual value of FSKAX in your account is $20,000 so you sell $2,000$ FSKAX and buy $2,000 of FTIHX. original sound - Ravi Wadan (Finance Education). Age - FZROX is a relatively newer fund with less history but both are Fidelity so not really a big concern. This would have added complications against FZROX if a taxable account as you may need to sell your positions and incur capital gains taxes. markets with only a few exceptions. indeed jobs near me work from home I am 27 and started investing 2 years ago. obituaries roswell nm If you have FZROX and FZILX, you don't need FXAIX. Moreover, FZROX has no minimums and has 0% ER, so it would be completely irrational to not buy FZROX over VTI. Index funds have been dropping their expense ratios anyway, FSKAX for example is only 0. duramax code p2033 9% and a net expense ratio of 0. I am new to Fidelity and upon examining FZROX vs. FZROX: Fidelity ZERO Total Market …. bright horizons greenville sc Do note that all these expense ratios are very low already and differences internal to the fund can outweigh the tiny expense ratio difference. FZAIX is fine, FZROX is zero ER and more diversified than just the S&P500. Should I go all in on FZROX for my HSA or should I consider FZROX/FZILX or VTI/VXUS or FSKAX/FTIHX for my HSA? My Roth IRA is VBTLX 4. FSKAX vs FZROX are two popular index funds that are offered by Fidelity Investments. Clearly, you can buy more shares of FZROX. 53% return and FXAIX slightly lower at 5. Helping you find the best moving companies for the job. If you want to buy vanguard funds through fidelity you should by vanguard ETFs like VTI (the ETF equivalent to VTSAX). FZROX and FXAIX, representing the total stock market and S&P 500, respectively, are both excellent choices for a core investment holding. gfebs essentials posttest pontoon boats for sale south carolina Fidelity recently debuted FZROX and FZILX, the first funds with 0% expense ratios. I believe , and someone correct me if I’m wrong FZROX is $0. As of 1/15/2024 the dividend yield of FSKAX is 1. The difference lies in the timeliness of reinvestment. See different opinions and experiences from investors who have used or are using these funds. FSKAX and FZROX are both Total US Stock Market Index Funds by Fidelity, but FZROX has zero fees while FSKAX has 0. I invested about 65% to FSKAX (Fidelity® Total Market Index Fund) and about 26% into FZROX (Fidelity ZERO Total Market Index Fund), and about 9% into US bond. Alaska Airlines continues to expand its map from Paine Field. Here's FZROX vs FSKAX since the inception of FZROX: If you make a prediction from this plot by annualizing the difference in return, FZROX will underperform FSKAX by 1. While FZROX has a zero percent expense ratio, FSKAX has a very low expense ratio of 0. FSKAX already makes up around 56% or so of FDEWX already. So you’ve made the switch to Linux. FSKAX is practically the same thing as VTI. In some cases ETFs are more tax efficient than their equivalent mutual funds, and thus better to hold in a taxable acct. E - I missed that FSKAX doesn't do capital gains anymore, with that in mind the yearly distributions would be $120, roughly the same as FZROX. In my opinion, FSKAX or FZROX beat FXAIX: The first 2 are US total market funds, so they fully include the S&P 500 (FXAIX) as a large part of their holdings (around 80% or more I believe), but also hold up to thousands of additional companies. If you plan to stay with Fidelity, I would personally go with FZROX over FSKAX just for the expense ratio reduction. 4 in yearly dividend and capital gains distributions. craigslist phoenix rv campers 36%, while FSKAX has yielded a comparatively lower 11. That's about all I understand about the differences. FZROX vs VTSAX: The hidden cost of Fidelity’s zero fee index funds. VTSAX offers broader diversification due to. VTSAX - Performance Comparison. 4%) per year expense ratio on the stocks which. Otherwise VTI == FSKAX == FZROX; they are all 99% identical. Kids aren't the only ones who can benefit from back-to-school sales. This will mean that FZROX will have a very slight tilt towards larger. 063% that you had to pay taxes on. I personally use a mix of FSKAX, FTIHX and FXNAX. The lifetime returns for FXAIX are about 3% higher than FNILX (10. That mimics a total stock market fund like FSKAX. sa 68 code freightliner SWPPX (or SWTSX ) 60% - Schwab® S&P 500 Index Fund or Schwab Total Stock Market. In practice, it probably doesn't make a significant difference. The Federal Trade Commission has proposed a ne. I looked at their closest equivalent, FZROX, which has a zero ER, but we'll stick with VTI for now because it's been around longer and has thousands more positions. What would the advantage be to be in FXAIX instead of the FZROX? Locked post. There's about 9000 other domestic and international stocks you're missing out on. Therefore, there is a significant overlap between the funds. Morningstar calculates these risk levels by looking at the Morningstar Risk of the funds in the Category over the previous 5-year period. Both FXAIX and FZROX have a similar number of assets under management. As of 1/15/2024, FXAIX has a one year annualized return of 26. As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. If it’s in a taxable account it isnt transferable to another brokerage. FZROX is simply a loss-leader for Fidelity and I think is ultimately inferior. So far, FZROX has matched FSKAX. btw VTSAX or FZROX or FSKAX are all total stock market index funds that track different indexes, so likely can TLH out of and into these funds and can …. The underlying investments within the mutual funds have year-end accounting processes to determine. FZROX (Fidelity Zero Total Market Index) and FSKAX ( Fidelity Total Market Index Fund) are two Fidelity mutual funds that aim to generate similar returns as the broad range U. Aug 18, 2022 · Fidelity Total Market Index Fund current trend. My question is: Is it wiser to go ahead and sell, realize the gains, pay the taxes, and move it something like FSKAX and FSNAX (I have a 2 fund portfolio 90/10) or just leave it and rebalance around it (I. FLPSX has a higher expense ratio than FSKAX (0. FSKAX is a reasonable alternative and performance will be nearly identical (better or worse). willthrill81 Posts: 32250 Joined: Thu Jan 26, 2017 8:17 pm Location: USA. As of 1/15/2024, FSKAX has a one year annualized return of 26. I'd use FSKAX or FZROX if using Fidelity mutual funds. Discover the best content creator in Canada. How To Invest / Fund Directory / Fidelity® Total Market Index Fund vs Vanguard Total Stock Market Index Fund Admiral Shares. Stay up to date on the latest stock price, chart, news. At least until Vanguard's patents expire (at which point it will then depend on Fidelity adopting the same technique), with FZROX you'll be taxed on any capital gains distributions from activity internal to the fund since ETFs like ITOT have ways to usually get around that. If you need this whole amount of money in a year, two, or like, less than five years, keep it in SPAXX. FZROX (and the others) should be internally reinvesting the dividends until close to distribution date, so you don't really miss out on anything (there was a thread a while ago that mentioned they had to be doing that to match their performance). I’ve been reading comments recommending FZROX or just one over the other. Fidelity has an index fund Fidelity Total Market Index Fund (FSKAX) with an expense ratio of only 0. Advantages to vanguard include: Very well behaved group of co-investors who are unlikely to liquidate in the face of a downturn. FSKAX has an 11% turnover ratio. 11% annually, which is horrible. Some investors may use FSPGX as a substitute for VWUSX, as it has provided better returns than the Fidelity 500 Index Fund. FZROX follows the total market and has like 3000 stocks in the entire US market. Morningstar Risk is the difference between the Morningstar Return, based on fund total returns, and the Morningstar Risk Adjusted Return, based on fund total returns adjusted for performance volatility. (FSKAX) Fidelity Total Market Index Fund. craigslist hayward I’ve got all my accounts in FZROX. My taxable accounts are in VTSAX. FXAIX, on the other hand, charges 0. This fund has over 3,900 stocks in its portfolio, ranging from small, medium, to large-cap stocks. Some mutual funds distribute capital gains, which tend to be less optimal from a taxation standpoint. 05% return, which is significantly lower than FSPGX's 11. Last dividend for Fidelity Total Market Index Fun (FZROX) as of April 13, 2024 is 0. Also: what does it mean by 60% of …. They also are different funds - VIIIX tracks the S&P 500 and FSKAX is a total US Market fund. toll estimator pa 5 basis points and gives investors exposure to over 3,700 stocks. They have fewer holdings and the amount of money you save using FZROX instead of FSKAX is like 15 cents for every $1,000. TikTok is launching Effect House Branded Effects, a new solution allowing brands to collaborate with TikTok effect creators to produce custom Branded Effects for innovative storyte. Last edited by Doctor Rhythm on Tue Mar 16, 2021 5:51 pm, edited 1 time in total. As of April 2023, FXAIX, which was created in 1998, has assets that total $364 billion invested in 506 different holdings. FSKAX pays twice-annual dividends currently, with the vast majority of dividends coming at end of year. Aug 25, 2021 · FZROX vs FSKAX. While FSKAX has a minimal expense ratio of 0. Alternatively, you could use FSKAX or FZROX instead of FXAIX + FSMAX. If you don’t want the bonds then you can just do 60/40 with fskax and ftihx probably a tad cheaper than fdklx , as fskax is. Also interested in FZROX, but from my own research it seems that FSKAX is more diverse and the gains on it outweigh the difference in expense ratio. If you just want to "reserve the right to move without selling" but don't intend to do so then FSKAX is acceptable. Chase is offering a new bonus of $300 for Business Checking. The other is an S&P 500 index fund. Average dividend growth rate for stock Fidelity Total Market Index Fun (FZROX) for past three years is 10. Since that time, the two funds have had identical performance: 12. If you were to put $10,000 into VFIAX, you’d be paying Vanguard $4 every year as an annual fee. In my view, the largest difference is that FSKAX is a mutual fund and VTI is an ETF. So if A, not B is successful, it will make more than FSKAX and vice versa. 11% for an active one would be good but it is not active. Most Vanguard ETFs are identical in nature to their corresponding mutual funds, so not much difference in holding one vs the other. Reply reply D_Shoobz • At only 1. Total Investable Market IndexSM, which is a float-adjusted market capitalization-weighted index designed to reflect the performance of the U. matching pfp aesthetic The annual report for FZROX indicates that over the life of the fund $10,000 would have grown to $17,186 in the Fidelity ZERO Total Market Index Fund and $17,178 in the index that it follows "Fidelity U. Both FZROX and IVV pay dividends to their shareholders from the earnings of their underlying stocks. FSKAX has about 3,500 holdings and FZROX has about 2,000, so you’re missing out on holding certain companies in the zero fee one. Total Stock Market Index – having a broader gamut of companies than the Fidelity U. Jul 2, 2020 · In a taxable brokerage account at Fidelity use stock index ETFs for better tax-efficiency. FSKAX just happens to distribute dividends to shareholders twice a year while FZROZ does it once a year. While this difference seems minuscule on the surface, compounded over many years of investing, it may result in a noticeable impact on your total returns. FZROX has about 1,000 less companies in its index, so one could argue it’s less diverse than VTSAX. I use the ETF ITOT in my taxable account. I would do that w/ Fidelity but they charge a $75 to transact w/ VG apparently. 00 and FSKAX could undergo a 10:1 split and each share would be worth $11. The absolute advantage before any sale, just return annualized the difference is 14. In that sense, FZROX is a discount product. 015% (practically, but not entirely, free) FZROX holds dividend payments until the end of the year, FSKAX pays them normally, like everyone else. They both are traded differently and have diff. If you want to invest this money for long-term growth, but there may be ups and downs along the way, thats what FZROX is for. So, critics of FZROX are correct in the sense that other mutual funds may not issue such distributions, and all else being equal, this is a downside of FZROX. Below is the comparison between FSKAX and VTSAX. john deere 1010 dozer for sale craigslist; european doberman puppies for sale; core state holdings corp aabb; little house on the prairie mormon. SWTSX was launched way back in 1999, while FZROX was launched on August 2, 2018. If you are looking for high diversification and low fees, both FSKAX and FZROX could be suitable options. Joined: Mon Jun 22, 2020 4:43 pm. There are certain advantages to FSKAX over FZROX though: It has about 3500 holdings vs 2500 holdings. They're substantially similar, funds, imo. A perennial garden offers a constant variety of flowers for years to come. Both funds are passively managed mutual funds with the same expense ratio of 0. com/Want to know if Fidelity’s FZROX index fund is a good investment? If so, check out this we. FZROX, it's essential to know the similarities and differences between the two index funds. The differences between the two are basically: FZROX has zero fees, FSKAX charges.