FNILX vs. FXAIX — ETF comparison tool (2024)

FAQs

FNILX vs. FXAIX — ETF comparison tool? ›

FXAIX - Performance Comparison. The year-to-date returns for both investments are quite close, with FNILX having a 15.25% return and FXAIX slightly higher at 15.35%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.

FXAIX is a mutual fund. VOO is an ETF. That is the main significant difference between the funds. Aside from equity security type, FXAIX and VOO are virtually identical.

Investors looking for a large-cap fund option for their portfolios would have a difficult time finding a more affordable option. FNILX's average annual returns has topped the average of its large-cap blend Morningstar category over the past one, three and five years.

VOO - Expense Ratio Comparison. FNILX has a 0.00% expense ratio, which is lower than VOO's 0.03% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Overall, you might save money at Fidelity if you trade options, but Vanguard will be cheaper if mutual funds are your focus. The key difference is that Fidelity is low-cost for a wide range of investor types, while Vanguard is a great low-cost solution aimed primarily at buy-and-hold investors.

FXAIX - Performance Comparison. The year-to-date returns for both investments are quite close, with FNILX having a 15.25% return and FXAIX slightly higher at 15.35%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.

Our recommendation for the best overall S&P 500 index fund is the Fidelity 500 Index Fund. With a 0.015% expense ratio, it's the cheapest on our list. And it doesn't have a minimum initial investment requirement, sales loads or trading fees. Over the last 10 years, FXAIX has returned an annualized 12.02%.

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is FXAIX is a Hold and VTI is a Buy.

Why is FNILX so cheap? ›

FNILX is a mutual fund ticker symbol for the Fidelity ZERO Large Cap Index Fund. It's one of a very small list of mutual funds, all from Fidelity, that doesn't charge an expense ratio. Most mutual funds charge a percentage of your holdings annually as a fee, but the ZERO family of funds has an expense ratio of 0.00%.

FNILX pays a dividend of <$0.01 per share. FNILX's annual dividend yield is 1.17%. When is Fidelity ZERO Large Cap Index Fund ex-dividend date? Fidelity ZERO Large Cap Index Fund's previous ex-dividend date was on Dec 27, 2023.

The average price target for Fidelity ZERO Large Cap Index Fund is $21.55. This is based on 517 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $25.17 ,the lowest forecast is $17.75.

On average, the Fidelity Contrafund has beaten the S&P 500 Index by 2.78% per year. Growth of $10,000 invested in Contrafund versus S&P 500 Index, September 17, 1990 to March 31, 2024. Total value March 31, 2024 for Contrafund was $751,828 compared to $327,447 for the S&P 500 Index.

Fidelity ZERO Large Cap Index Fund (FNILX)

To remove compounding fund fees from the equation entirely, investors can buy FNILX, one of Fidelity's many zero-expense-ratio funds. This fund tracks the Fidelity U.S. Large Cap Index, which is very similar to the S&P 500 in performance and composition.

FNILX - Fidelity ZERO ® Large Cap Index Fund.

Fidelity^® MSCI Industrials Index ETF. Tracks the performance of the MSCI USA IMI Industrials 25/50 Index.

SPY - Performance Comparison. The year-to-date returns for both investments are quite close, with FNILX having a 15.25% return and SPY slightly higher at 15.29%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.

SWPPX is managed by Charles Schwab. FNILX is managed by Fidelity. Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWPPX or FNILX.

The primary objective of a balanced fund is to achieve a balance between potential growth and income while managing risk. In the exchange-traded fund space, balanced funds are generally referred to as asset allocation ETFs.