In a face-off between FNILX vs. VOO, which one should you choose for your investment portfolio to diversify and earn money through passive investing?
FNILX aims to provide investment results that parallel the total returns of the US-based large-capitalization companies’ stocks.
FNILX: Fidelity® ZERO Large Cap Index Fund
The exchange-traded fund, VOO, is offered by the Vanguard Group and also tracks the S&P 500 Index.
FNILX does not require a minimum initial purchase requirement, while VOO’s minimum investment requirement is equivalent to 1 share.
FNILX and VOO have a similar fee ratio, with FNILX having a 0% fee and VOO having 0.03%.