FNILX Vs. FXAIX – Are They Worth It?
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Have you started investing in index or mutual funds? Do you want to increase your income funds by diversifying your investment portfolio?
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In this review, we want to take a closer look at both funds and you’ll be able to decide between FNILX vs. FXAIX.
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FNILX or Fidelity ZERO Large Cap Index Fund is a mutual fund created by Fidelity Investments, which charges zero management fees.
FNILX: Fidelity® ZERO Large Cap Index Fund
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This fund tracks the S&P 500 index, and it covers about 80% of the equity market of these firms.
FXAIX: Fidelity® 500 Index Fund
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FNILX is a zero expense fund, but FXAIX is not. So the expense ratio on FNILX is 0.00%, while FXAIX will cost you about 0.02%.
Key Differences
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Both funds are not very different and have powerful results. Both assets have the potential for even more growth, which is suitable for long-term investors.
Composition Differences
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FNILX and FXAIX are funds that investors find very attractive because one is a zero-free fund while the other has every low expense ratio threshold.
Fees
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