Fidelity ZERO Large Cap Index
FNILX (NASDAQ)
Fidelity ZERO Large Cap Index (FNILX) is an excellent choice for investors looking for a cost-effective core holding, boasting a 0% expense ratio. With a solid 1-year return of 19.63% and a remarkable 5-year return of 82.66%, this fund offers attractive growth potential. Recognized with a 4-star rating from Morningstar, FNILX effectively tracks a large-cap index akin to the S&P 500, making it a top-rated option in its category.
Pros:
- 0% expense ratio
- Tracks large-cap index similar to S&P 500
Cons:
- Annual distribution may be less attractive for some
- Market risk exposure
Fidelity ZERO Large Cap Index (FNILX) is suitable for cost-conscious investors seeking a reliable core investment that tracks large-cap U.S. equities, particularly those who prioritize long-term growth without incurring management fees. With its strong historical performance and low expense ratio, it may appeal to both beginner and experienced investors looking to diversify their portfolio.
