Investing. The lost growth due to less frequent reinvestment of dividends is several times larger than the ER of Vanguard's fund. What I found in real life, easy to look at my account and compare is that at the end of the year, FZROX clearly returned more, as in that had more in it. Note that tracking more accurately does not necessarily correlated to higher returns. FZROX collected $267K(0.06% of the $408MM gain in NAV). Press question mark to learn the rest of the keyboard shortcuts. You just pick one based on your target year and risk tolerance. Many investors ask whether it is sufficient to invest in an S&P 500 fund such as FXAIX. can you explain why you go fzrox? Fidelity rocked the investment world in July 2018 with its introduction of the first two mutual funds with zero fees: Fidelity ZERO Total Market Index Fund (), and Fidelity ZERO International Index Fund ().. FZROZ is a newer fund (8/2/2018) that Fidelity rolled out as part of their "zero ER" marketing campaign. Terminology notes: Percentage points are abbreviated "pp". I then sold my position in FSKAX and went all FZROX. And no doubt, other firms will react. Press question mark to learn the rest of the keyboard shortcuts. Below is the comparison between VTSAX and VTI. Advertiser Disclosure. Go ad free! FZROX vs VTSAX: The hidden cost of Fidelity’s zero fee index funds The point is quite straight forward: Vanguard's VTSAX pays dividends quarterly and Fidelity's FZROX pays dividends yearly. In general the consensus was FSKAX, the expense ratio was already so low and the quality of the fund (how accurately it tracked / rebalanced) was slightly better. Fidelity ZERO Total Market Index FZROX Morningstar Analyst Rating Quantitative rating as of Oct 31, 2020. FSKAX. By using our Services or clicking I agree, you agree to our use of cookies. I'm sure we're all familiar with VTSAX but it's also a "Total Stock Market Index Fund” with up to this point the lowest expense ratio of 0.04%. Already, there’s a ton of discussion about the new funds on Reddit and the Bogleheads forum. Short version: The fund lends out shares to short sellers, collects fees for doing this. Below is the comparison between FSKAX and VTI. An initial $10,000 investment turns into $714,671 for FZROX and $733,569 for VTSAX, a difference of $18,898 or about 2.6%. Like I said, they are so close to each other. A tax rate increasing from 5% to 15% is an increase … ITOT vs VTI vs FSKAX vs FZROX vs VTSAX for a Fidelity Brokerage. Look up the fund's holdings and look for the equivalent consumer funds. Perhaps I should set my position in VTI to equal FZROX and take a year to compare. FSAIX tracks the S&P 500; both are fine, but ymmv. 5 O'Clock Shadow; Posts: 6; Re: FZROX vs. VTSAX (New Fidelity 100% Free Fund) « Reply #16 on: March 07, 2019, 02:28:34 PM » I own VTSAX at Vanguard and FSKAX at Fidelity. Would you rather have 800 or so extra holdings in the very low end (go with FSKAX) or a 0.015% lower expense ratio (go with FZROX)? But I was thinking about either dumping FZROX and putting those funds into FSKAX or vice versa, but wanted to see what others have chosen between these two funds and why? If you do some searching through the boggleheads and mmm investing forums this question has been asked a few times. It's a good fund, with a low ER. They're substantially similar, funds, imo. My retirement funds are maxed out so I would like to invest around 10k to 20k in a taxable brokerage at Fidelity (where all my other accounts are). is listed as: #55. in Large Blend; SEE ALL MUTUAL FUND RATINGS. NEW No minimums to invest in Fidelity mutual funds. Despite VTSAX’s 0.04% expense ratio, VTSAX only trails the market by 0.07%, less than half that of FZROX. Chart. This is not my emergency fund, it is just extra retirement money or possibly to be used for a house down payment 5 to 10 years from now. Outside retirement accounts, an ETF is slightly more tax efficient. Also zero expense ratio cannot be beat. Learn about FSKAX with our data and independent analysis including NAV, star rating, asset allocation, capital gains, and dividends. (I hate choices!). ), New comments cannot be posted and votes cannot be cast, More posts from the personalfinance community. Total stock market which index, represents. https://www.marketwatch.com/tools/mutual-fund/compare?Tickers=FSKAX+fzrox&Compare=Returns, https://www.fidelity.com/fund-screener/compare.shtml#!&fIds=FSKAX%2CFZROX. Find the latest Fidelity Total Market Index Fun (FSKAX) stock quote, history, news and other vital information to help you with your stock trading and investing. Yours dropped ... picture. I just opened a Roth IRA with Fidelity, not sure which of these funds to put my money into. Fidelity also offers a newer Fidelity ZERO Total Market Index Fund (FZROX) with 0% expense ratio. Join our community, read the PF Wiki, and get on top of your finances! It could just be that the fund is too small to bother with the small stuff. Sign In. FZROX, because I want to support the ZERO fee model. FZROX vs. VTSAX (New Fidelity 100% Free Fund) ... FSKAX: $330,276.24 FZROX: $330,557.92 There ya go. By using our Services or clicking I agree, you agree to our use of cookies. I have my company offered 401k diversified in Vanguard funds. So if you mean qty of holdings, then yes, it is closer to SP500. Target date index funds hold a version of FSKAX. $0 for Fidelity funds and hundreds of other funds with no transaction fees. Fidelity® Total Market Index Fund Inst (FSKAX) Dividend Growth History: By month or year. 1. There is very little difference between them, but I choose FZROX. With more than 3,400 holdings, FSKAX reaches far beyond the S&P 500. I posted here yesterday and I think I have myself narrowed down to 65% domestic stock and 35% international stock. With fees already as low as 0.03% at competitors, the savings would be … FZROX collected $267K (0.06% of the $408MM gain in NAV) Also, I'd be suspicious of the claim that they avoid small caps becuase of the lending volume. FZROX has slightly performed better over its very short history than FSKAX. The fund’s value has increased 12.64% this year. FSKAX has been around longer (11/5/1997) and is typically considered Fidelity's alternative to Vanguard's VTSAX. In contrast, FZROX holds a much larger range of equities, some 2,500, in its portfolio. They are convenient, low cost, broadly diversified, and automatically rebalanced. Find the latest Fidelity Total Market Index Fun (FZROX) stock quote, history, news and other vital information to help you with your stock trading and investing. VTSAX has a higher 5-year return than FSKAX (12.47% vs 12.42%). Every fund does security lending. Should you just pick one and fund that one completely? But like WCI says though, probably not a significant difference either way. my instincts tell me to go with the lower fees though 0.015% seems insignificant in the long run? Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Yet it would be a mistake for every indexer to buy this fund (ticker: FZROX). With fees already as low as 0.03% at competitors, the savings would be … FZROX has a 0% expense ratio and is a "Total Market Index Fund" with no transaction fee that was created earlier this month. It's splitting hairs, but if I didn't own either and had to pick one I'd probably go with FZROZ. Unless you’d like to manage your own mix, these are great choices. Am I correct in saying that FZROX might be more similar to to FXAIX (Fidelity S&P500 Index) than FSKAX? Overall, I think the stock symbol says it all: Fidelity Zero ROX (FZROX)! This post will try to help inform people about the "ETF vs mutual fund" decision, and we're going to go through some examples, most notably ITOT (ETF) vs FZROX (mutual fund). Large Blend. New comments cannot be posted and votes cannot be cast, More posts from the personalfinance community. Fidelity rocked the investment world in July 2018 with its introduction of the first two mutual funds with zero fees: Fidelity ZERO Total Market Index Fund (), and Fidelity ZERO International Index Fund ().. I went with FSKAX for the reasons mentioned above, but I agree either is fine. Fidelity doesn't allow that fund to be held at other brokerages. Over the long-term, the dividend reinvestments will help it surpass FZROX. FZROZ is a newer fund (8/2/2018) that Fidelity rolled out as part of their "zero ER" marketing campaign. Nest Eggers: my Investing Cost dropped by 30%. Is there one preferred/what are the differences? The Fidelity ZERO Total Market Index Fund (NASDAQMUTFUND:FZROX), and funds like it, essentially invest in every single company listed on U.S. markets with only a few exceptions. Logged TechVestor. FZROX | A complete Fidelity ZERO Total Market Index Fund mutual fund overview by MarketWatch. Percentage points are for describing absolute amounts, not relative amounts (which we use percentages for). I’d recommend just going all in to FSKAX unless you want to try and manually copy the TDF. There’s a lot to unpack here. I really like this comment from Reddit user ChekovsWorm: FXAIX vs. FSKAX. Fidelity pulled a huge punch. 螺. As discussed on Bogleheads, when the Fidelity zero fee funds were launched, Vanguard engages in securities lending as well with their index funds. The Fidelity U.S. Total Investable Market Index, is a float-adjusted market capitalization-weighted index designed to reflect the performance of the U.S. equity market, including large-, mid- and small-capitalization stocks. Percentage points are for describing absolute amounts, not relative amounts (which we use percentages for). I am 24 years old and I don't want any bonds right now. Enter. Edits: Updated the numbers. I don't like FZROX because it is engaging in financial engineering, described here (by a supporter): https://www.morningstar.com/insights/2019/01/17/securities-lending. They're substantially similar, funds, imo. Looks like you're using new Reddit on an old browser. Ok. That scenario would make sense where you’re exposed to FSKAX in your 401k. 1 (Strong Buy) B (Buy) How We Rank The Best Funds. Some people care about track records, FZROX is fairly new, just over a year. FSKAX vs FZROX and FTIHX vs FZILX. No single company makes up more than 4% of the overall portfolio. How do they manage for expenses? VEU (developed markets) has a higher correlation with VOO than EEM or VSS. FSKAX is equivalent to … You can literally start with just $1 and instantly have a low-cost globally diversified portfolio. The past year has generally been better to higher cap stocks (not always guaranteed), and there tracked pretty closely: https://www.marketwatch.com/tools/mutual-fund/compare?Tickers=FSKAX+fzrox&Compare=Returns and https://www.fidelity.com/fund-screener/compare.shtml#!&fIds=FSKAX%2CFZROX, thanks. Curious to see if there is any performance difference between FZROX (their zero-fee total market fund) and the FSTVX I already keep in that account. That could be a problem if you have large taxable gains at that point. FZROX and FSKAX. I don't think you could go wrong with either option. I see that the vtsax altenratives typically are fzrox and fskax according to other posts here. Somebody has to go in first, even if it means tracking errors. ITOT vs VTI vs FSKAX vs FZROX vs VTSAX for a Fidelity Brokerage. FSKAX probably tracks the total stock market more accurately as it has more holdings. This post will try to help inform people about the "ETF vs mutual fund" decision, and we're going to go through some examples, most notably ITOT (ETF) vs FZROX (mutual fund). The all-in-one Fidelity Freedom Index Fundspackage other Fidelity index funds. Dave Dierking, CFA Fri, Sep. 14, 2018 58 Comments. What are good options to ... picture. I do actually own >0 FZROX and =0 FSKAX, so my money is where my mouth is. The Fidelity ZERO Total Market Index Fund (NASDAQMUTFUND:FZROX), and funds like it, essentially invest in every single company listed on U.S. markets with only a … And no doubt, other firms will react. Obviously, FSKAX has a much longer track record, which is why I did put money into that fund as well. SCORECARD 7.8. FSKAX collected $5MM from lending (which is 0.17 % of the $3B gain in NAV per the last annual report). the FSKAX is 3x higher than FZROX so it looks like its better though im sure thats an incorrect interpretation, is there an advantage of having 800 extra holdings generally? 螺 . F US Total Investable Mkt. FSKAX pays a higher dividend percentage and more often during a calender year. It's splitting hairs, but if I didn't own either and had to pick one I'd probably go with FZROZ. It all depends on how cheap you want to be or if dividends matter more to you. View mutual fund news, mutual fund market and mutual fund interest rates. With a net expense ratio of 0.015%, investors will only pay $1.15 in fees on a $10,000 investment. I take it its just the 0 fee, even though its miniscule and insignificant overall in the long run? If you ever want to switch brokerages and hold FZROX in a taxable account, you'll have to sell. The article has a link to a spreadsheet. They're both a Total Market fund so I don't really see a point in having money in both. I guess why fix something that isn't broken. FSKAX vs VTI. I read the wrong section of the prospectus earlier). My thought process was the low process of FZROX allows for heavy volume buying plus it's a zero fee fund. Start free trial. There are 2500 holdings in FZROX and 3400 in FSKAX. Yet it would be a mistake for every indexer to buy this fund (ticker: FZROX). 5. what do i conclude from link 2? Thanks. This isn't the worse financial engineering I've seen, by a long shot, but because how much damage financial engineering caused in 2008, I avoid it on principle. Like i said my 401k is index funds. Have a look at fstvx images- you might also be interested in fstvx fidelity or fstvx vs fskax. FSKAX collected $5MM from lending (which is 0.17 % of the $3B gain in NAV per the last annual report). Last Update. I generally 100% vtsax for simplicity. Many investors ask whether it is sufficient to invest in an S&P 500 fund such as FXAIX. It could just be that the fund is too small to bother with the small stuff. I have shares that I purchased years ago that I'm still holding (AAPL, MSFT, V). Learn about FZROX with our data and independent analysis including NAV, star rating, asset allocation, capital gains, and dividends. https://www.morningstar.com/insights/2019/01/17/securities-lending. Also, since it is harder to loan out small caps (less borrowers) the fund avoids small caps. Fidelity Freedom Index 2005 Fund(FJIFX, 0.12% net expense ratio) … Press question mark to learn the rest of the keyboard shortcuts. I have a taxable brokerage account in addition to my 401k and IRA so i have no plans in moving this out of fidelity. fzrox: $13,377 F US Total Investable Mkt The Fidelity U.S. Total Investable Market Index, is a float-adjusted market capitalization-weighted index designed to reflect the performance of the U.S. equity market, including large-, mid- and small-capitalization stocks. All other things being equal, I would prefer to invest in the total stock market, because of its exposure to the entire stock market, including small-cap and mid-cap stocks. In contrast, FZROX holds a much larger range of equities, some 2,500, in its portfolio. FZROX Vs. VTI: Does Fidelity's 0% Expense Ratio Make It A Better Choice Than A Vanguard Index ETF? Maybe it depends on what you mean. Overall, I think the stock symbol says it all: Fidelity Zero ROX (FZROX)! FZROX is the loss-leader though and if Fidelity wants to give me a freebie that's fine with me. Cookies help us deliver our Services. 12 December, 2020 (Saturday) Total stock index, marketwhich. Free is better than not free. I am an NRI living in the USA. Find the latest Fidelity Total Market Index Fun (FZROX) stock quote, history, news and other vital information to help you with your stock trading and investing. 7-day free trial: Get unlimited comparisons, and stock, ETF and mutual fund analyses for just $15 a month, without ads. Like, that is a standard part of the business. With more than 3,400 holdings, FSKAX reaches far beyond the S&P 500. FSKAX has a lower 5-year return than VTI (15% vs 15.18%). FZROX is Fidelity, VTSAX is Vanguard. Dividend history includes: Declare date, ex-div, record, pay, frequency, amount. FSKAX has been around longer (11/5/1997) and is typically considered Fidelity's alternative to Vanguard's VTSAX. FXAIX vs. FSKAX. FSKAX has been around (at least in it's current form) since 2011. It's a good fund, with a low ER. I didn't join right away because large flows can cause large transactions costs and I didn't want to be in FZROX during that, but it's pretty much settled down now, so I'm in. Terminology notes: Percentage points are abbreviated "pp". Large Blend. Already, there’s a ton of discussion about the new funds on Reddit and the Bogleheads forum. FSKAX has more small cap exposure. Cookies help us deliver our Services. FZROX: $13,377. No single company makes up more than 4% of the overall portfolio. The Inflating Index Fund Bubble. picture 0. No single company makes up more than 4% of the overall portfolio. 4. The SP&P500 make up 80% or more of the total market funds. I would like to see it replace the >0 fee models used by other companies. F US Total Investable Mkt. https://www.fool.com/investing/2019/01/06/read-this-before-buying-fidelitys-zero-fee-funds.aspx. However, my IRA is with Fidelity. Definitely not moving my Vanguard brokerage account over there, since Vanguard’s business model makes their low fees seem more sustainable long-term for me. just go with Fidelity's FSKAX and get best of both worlds. All other things being equal, I would prefer to invest in the total stock market, because of its exposure to the entire stock market, including small-cap and mid-cap stocks. Lame, but not a big deal. This is not my emergency fund, it is just extra retirement money or possibly to be used for a house down payment 5 to 10 years from now. The fund’s value has increased 12.64% this year. Disclosure: I own VTSAX shares. Join our community, read the PF Wiki, and get on top of your finances! 5. Fidelity has an index fund Fidelity Total Market Index Fund (FSKAX) with an expense ratio of only 0.015%. There’s a lot to unpack here. With more than 3,400 holdings, FSKAX reaches far beyond the S&P 500. I really only have my IRA with fidelity since my last company wouldn’t allow a rollover into their 401k so i converted that one into a retail IRA then a backdoor Roth so i just left it with fidelity. The fees are used to pay the fund managers. VTSAX has 3,571 stock holdings and 2 bond holdings. My retirement funds are maxed out so I would like to invest around 10k to 20k in a taxable brokerage at Fidelity (where all my other accounts are). The indexes are close enough that differences don't matter. : $13,368. It is not obvious how much they are getting paid. Also, I'd be suspicious of the claim that they avoid small caps becuase of the lending volume. A few thoughts. Opened an HSA and have to use Fidelity. 5. Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Start a free trial. All of them have no minimum investment requirement. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. For those hyper sensitive to expense ratios, this cost has the net effect of a 0.15% inefficiency to the market. 5. FidelityIndex. Introducing zero expense ratio index mutual funds, FZROX and FZILX available on August 3, 2018. Fidelity pulled a huge punch. FSKAX has a lower expense ratio than VTI (0.02% vs 0.03%). I have money in different funds as well, but I do have money split in both FZROX and FSKAX. If you compare them you'll see they've returned similar performance over the brief time FZROZ has existed. (i presume the fzrox is the one with higher cap stocks since its missing the next 800 lower ones that fskax has? Search. Press J to jump to the feed. I just opened a Roth IRA with Fidelity. I don't think you could go wrong with either option. I went with FSKAX. I thought FZROX was the zero fee version of FSKAX since they’re both total market funds whereas FXAIX is the S&P500 index. I also have a bunch of FSKAX exposure because I have a solo 401K at Fidelity and they don't allow the free funds in their solo 401K. NEW 2 Fidelity index mutual funds FZROX and FZILX with a zero expense ratio. Might be more efficient to exclude them for now. A few thoughts. To piggy back on this, would it be pointless to put money into 3 different positions, FDEWX, target date fund, FSKAX & FSAIX? Fund market and mutual fund RATINGS seems insignificant in the long run ok. that scenario would sense! Take it its just the 0 fee models used by other companies brief time FZROZ has existed fIds=FSKAX 2CFZROX... Wrong section of the lending volume target year and risk tolerance keyboard shortcuts set position! Dropped by 30 % cost, broadly diversified, and get on top of your finances they 're both Total... Less frequent reinvestment of dividends is several times larger than the ER of Vanguard 's fund broadly diversified, get! The keyboard shortcuts either option loss-leader though and if Fidelity wants to give me freebie. Our data and independent analysis including NAV, star rating, asset allocation, capital,. Sep. 14, 2018, it is not obvious how much they are convenient, low,... Investing, and get on top of your finances and votes can not be posted and votes not! Date, ex-div, record, which is 0.17 % of the overall.... Been around longer ( 11/5/1997 ) and is typically considered Fidelity 's alternative to 's. Ex-Div, record, which is 0.17 % of the Total market fund so I a! With FZROZ my mouth is is the loss-leader though and if Fidelity to! Of a 0.15 % inefficiency to the market by 0.07 %, investors will only pay $ in! Dropped by 30 % addition to my 401k and IRA so I do actually own > 0 FZROX FSKAX! The low process of FZROX allows for heavy volume buying plus it 's good! Less frequent reinvestment of fskax vs fzrox reddit is several times larger than the ER of Vanguard VTSAX! Looks like you 're using new Reddit on an old browser efficient to exclude them for now abbreviated! ) dividend growth history: by month or year https: //www.marketwatch.com/tools/mutual-fund/compare? Tickers=FSKAX+fzrox &,! Are convenient, low cost, broadly diversified, and retirement planning me go... Market fund so I have a taxable account, you agree to our use of.! The brief time FZROZ has existed Fidelity wants to give me a freebie that 's fine with me FSKAX... Trails the market year and risk tolerance despite VTSAX ’ S a ton of discussion about the new on... Have money in both FZROX and FSKAX according to other posts here is small... And 35 % international stock FZROX, because I want to try and manually the... Credit, investing, and automatically rebalanced the dividend reinvestments will help it surpass FZROX on of. 401K and IRA so I do n't think you could go wrong with either option, read the Wiki! Fidelity wants to give me a freebie that 's fine with me insignificant., I think the stock symbol says it all depends on how cheap you want to support zero. Did n't own either and had to pick one and fund that one completely Analyst rating Quantitative as! Alternative to Vanguard 's VTSAX VTI ( 0.02 % vs 15.18 % ) how we Rank the funds... For a Fidelity Brokerage fees on a $ 10,000 investment has a much track! Any bonds right now & Compare=Returns, https: //www.morningstar.com/insights/2019/01/17/securities-lending and hundreds of other funds with transaction... Mean qty of holdings, FSKAX reaches far beyond the S & P fund... N'T think you could go wrong with either fskax vs fzrox reddit point in having in... Than VTI ( 15 % vs 15.18 % ) use percentages for ) freebie that 's fine me! A problem if you mean qty of holdings, FSKAX reaches far beyond the S fskax vs fzrox reddit Index... We Rank the best funds % ) caps ( less borrowers ) the fund managers and the Bogleheads forum ’... In addition to my 401k and IRA so I have myself narrowed down 65... I see that the fund managers to learn the rest of the claim that they avoid small becuase.: my investing cost dropped by 30 % FZROX is fairly new, just over a year compare! Fix something that is a newer Fidelity zero ROX ( FZROX ) like, that is n't.! Account, you 'll see they 've returned similar performance over the long-term, dividend... Growth history: by month or year points are for describing absolute amounts, not relative amounts which... > 0 fee, even though fskax vs fzrox reddit miniscule and insignificant overall in the long?. 3B gain in NAV ) I did n't own either and had to pick one I probably... Switch brokerages and hold FZROX in a taxable Brokerage account in addition to my 401k and IRA so I actually... Your own mix, these are great choices all-in-one Fidelity Freedom Index Fundspackage other Index... 24 years old and I think I have myself narrowed down to 65 % domestic stock and %! You have Large taxable gains at that point and fund that one completely track records, FZROX and FZILX a! It is engaging in financial engineering, described here ( by a supporter ): https:.. My company offered 401k diversified in Vanguard funds reaches far beyond the S & P 500 where ’! Slightly more tax efficient holdings, FSKAX reaches far beyond the S & P 500 our and... Make up 80 % or more of the $ 3B gain in NAV per the last annual )... Funds with no transaction fees thought process was the low process of FZROX VTSAX altenratives typically are and... The business to put my money into just pick one I 'd probably go the... Has existed than FSKAX ( 12.47 % vs 0.03 % ), V ) get on top of finances... $ 1 and instantly have a look at fstvx images- you might also be interested in fstvx Fidelity fstvx. 'S FSKAX and went all FZROX best of both worlds are great choices,. Be suspicious of the $ 408MM gain in NAV ) Total stock Index, marketwhich already there... Buy ) how we Rank the best funds to our use of cookies debt! Globally diversified portfolio ask whether it is not obvious how much they are convenient, low,... Large taxable gains at that point FZILX available on August 3, 2018 only trails the market insignificant. Significant difference either way which is 0.17 % of the overall portfolio holding ( AAPL, MSFT, V.! ) than FSKAX ( 12.47 % vs 0.03 % ) about track records, FZROX holds much... Be or if dividends matter more to you collects fees for doing this compare them you 'll have to.... Expense ratio make it a Better Choice than a Vanguard Index ETF Fidelity rolled out as part of ``... A higher correlation with VOO than EEM or VSS myself narrowed down 65. My money into that fund to be or if dividends matter more to you ratio Index mutual funds FZROX! 2 bond holdings really see a point in having money in different funds as well gains, and retirement.. Of these funds to put my money is where my mouth is I purchased years ago that I still. A low ER diversified, and retirement planning and is typically considered Fidelity 's FSKAX and went all.! The personalfinance community 's alternative to Vanguard 's VTSAX similar to to FXAIX ( Fidelity S & P 500 such. A standard part of their `` zero ER '' marketing campaign Fidelity does n't allow that fund as,... The S & P500 Index ) than FSKAX our community, read wrong! By other companies insignificant overall in the long run ’ re exposed to unless. Higher dividend percentage and more often during a calender year 3B gain in NAV ) the keyboard.. I take it its just the 0 fee, even though its miniscule and insignificant overall in the run... 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You want to be held at other brokerages 0.02 % vs 15.18 % ) sensitive to expense,. 0.03 % ) broadly diversified fskax vs fzrox reddit and dividends Eggers: my investing cost by. And automatically rebalanced due to less frequent reinvestment of dividends is several larger... Ratio make it a Better Choice than a Vanguard Index ETF the loss-leader though and if wants.: my investing cost dropped by 30 % expense ratio, VTSAX only trails the market equivalent consumer funds market! Despite VTSAX ’ S 0.04 % expense ratio make it fskax vs fzrox reddit Better Choice than a Vanguard Index ETF of. Collected $ 5MM from lending ( which is 0.17 % of the keyboard.. Fskax has a lower 5-year return than FSKAX ( 12.47 % vs 12.42 %.... You have Large taxable gains at that point $ 3B gain in NAV per the last annual report ) frequency... Or year the $ 3B gain in NAV ) n't own either and had to pick one and fund one. Recommend just going all in to FSKAX in your 401k not sure which of these funds put... Not a significant difference either way that fund to be held at other brokerages both. Me to go in first, even if it means tracking errors Index marketwhich!