About FZROX
Fidelity ZERO Total Market Index Fund is an open-ended mutual fund designed to provide investors with broad exposure to the entire U.S. equity market. Its primary objective is to track the performance of a float-adjusted market capitalization-weighted index that encompasses large-, mid-, and small-cap stocks across diverse sectors and industries, mirroring the composition of the U.S. stock market as a whole. This fund distinguishes itself with a zero percent expense ratio, eliminating management fees and making it exceptionally cost-effective for investors. With no minimum investment requirement and no transaction fees, the fund aims to maximize accessibility and value.
The portfolio is diversified, including prominent holdings such as Apple, Microsoft, NVIDIA, and Amazon, along with exposure to smaller companies, offering a comprehensive representation of U.S. market capitalization. Classified in the large blend category, it neither skews strongly toward growth nor value, making it a neutral core holding for many portfolios. The fund’s sizable asset base, low turnover rate, and straightforward structure contribute to its role as a foundational investment for both new and experienced participants seeking cost-efficient, broad-based U.S. equity exposure.
Fund Family Fidelity
Category Large Blend
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol FZROX
Index Index is not available on Lipper Database
FZROX had a total return of 21.16% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.32%.
