PP stocks fund at Fidelity

[Kriegsspiel]

Are all of you Fidelity people using the FSKAX, Total Market Index?

[Tyler]

Personally I buy VTI through Fidelity. But FSKAX also looks like a great option.

[pmward]

Yeah FZROX is what I use in my IRA and HSA. I use VTI or ITOT in my taxable.

[mathjak107]

Why wouldn't you use FZROX ?
It appears to be the same fund only with a 0.0% expense ratio.

the zero fee funds at fidelity while index funds , use their own index's not the same as other index funds ...

fidelity had to come up with their own index in order not to have to pay fees for the use to s&p or wilshire

[pmward]

Why wouldn't you use FZROX ?
It appears to be the same fund only with a 0.0% expense ratio.

the zero fee funds at fidelity while index funds , use their own index's not the same as other index funds ...

fidelity had to come up with their own index in order not to have to pay fees for the use to s&p or wilshire

It doesn't matter, they are still performing inline with all the brand name indexes. It's not exactly difficult to create a market cap weighted total stock market index...

[mathjak107]

Why wouldn't you use FZROX ?
It appears to be the same fund only with a 0.0% expense ratio.

the zero fee funds at fidelity while index funds , use their own index's not the same as other index funds ...

fidelity had to come up with their own index in order not to have to pay fees for the use to s&p or wilshire

It doesn't matter, they are still performing inline with all the brand name indexes. It's not exactly difficult to create a market cap weighted total stock market index...

Yes ,they track pretty close ..they had to weight them a bit different to avoid duplicating their algorithm

[dualstow]

Are all of you Fidelity people using the FSKAX, Total Market Index?

I am. I didn't deliberate as my Fido account is small.

Unless I'm misquoting, Sophie said she took a look and saw it slightly underperformed VTSAX. I want to say..mid-late 2019.
I don't want to have all Vanguard funds in my Fido account although I do have some there.