FZILX

GaylrdFocker

IRA. You don't need FISVX if you have FSKAX (already has Small cap value). Just keep the FSKAX/FZILX. But why only use 1 zero fee fund? FZROX/FZILX or FSKAX/FTIHX. The zero fee funds have less stocks than the actual Total US and Total Intl funds. Brokerage is also overly complex. 80-90% VT and 10-20% QQQM if you want to be very aggressive

FuckTwelvee

FZROX/FZILX and just boglehead it

InvestingNerd2020

In your 401k with pre-taxed money, one Target date fund with an expense ratio of 0.30% or lower. Hopefully, a 2065 fund. After employee benefits and taxes, try to put some money away into a high yield savings account (HYSA) for emergency savings. Make sure it has 3% or higher interest rate. Try to shoot for 3 months of your routine monthly expenses. This will keep you from touching your investments during hard times. Examples: Marcus, Amex, Ally, or Capital One to name a few. An Alternative emergency savings option is a Treasury bond fund that protects you from State and city taxes on interest earned. The only downside is the money isn't available on weekends. Popular options are SGOV and VBIL. After building up emergency savings, start investing into your Roth IRA. Assuming it is with Fidelity, invest into two index mutual funds. - FZROX with 80% allocation. - FZILX with 20% allocation. These two funds offer zero expense ratio and a good track record since inception.

Cruian

https://finance.yahoo.com/quote/FZROX/ and https://finance.yahoo.com/quote/FZILX/ ? Can't be trusted. FZROX and FZILX literature has them at 0% ER. I wonder if Yahoo just had to put something there? It doesn't strike you as odd that a US index would be nearly 2% compared to under 0.70% for international? You of course would also have to show how you'd actually hold FZROX and FZILX outside of Fidelity to have those ERs apply (if they were real).

Cruian

You can't hold FZROX or FZILX outside Fidelity at all. What's your source for what the fees would be?

Cruian

Please explain how the fees on FZROX and FZILX are "much higher" than VTI and VXUS.

Metalsonicblackjesus

Hey this is what I do! I have FZROX and FZILX in my Fidelity Roth IRA and I have ITOT (equivalent to VTI) in my brokerage account. Fidelity's zero-fee mutual funds are relatively new compared to their old total market accounts but they are great, I'm so glad I got started with Fidelity all those years ago so I can take advantage of them. I would absolutely invest in those zero-fee funds instead of the Vanguard alternatives, there's no reason not to besides the remote change of needing to liquidate if you leave fidelity. But even if you do, who cares? It's a Roth IRA so you won't pay takes on the event.

JenniferDanielsWind

FZROX and FZILX are totally reasonable in a Fidelity Roth еhe main tradeoff is broader coverage and portability with VTI/VXUS, not some huge fee difference

Cruian

FZILX is also ex-US only. All funds in the US pay out at least an annual dividend if their holdings pay one. VTI, FZILX, and FZROX induced.

Emotional-Power-7242

You'll almost certainly make more money if you put in FZROX/FZILX (or any of the the other low fee total market funds) and never sell.

FuckTwelvee

$infinite in FZROX/FZILX costs $0 in annual fees

InvestingNerd2020

Objectively, FZROX and FZILX. For people who change brokers frequently for minor issues or don't believe any broker can remain good over the long-term, VTI & VXUS are great alternative choices.

TheRealLeftClickMage

Okay, I am about to start investing in my IRA, everyone online suggestions VTI + VXUS, it’s cool that I recently found FZROX and FZILX though!

BeardedBadAzz

FZROX AND FZILX are similar to VTI and VXUS but have much higher fees

dooknuckduster

VT at 0.06% or 6 BPS, or FZROX (think VTI, ITOT, or FXAIX) and FZILX (think VXUS or IXUS), in say 65% / 35% at 0 BPS or 0.00%

RedditLeagueAccount

Good job starting at 19! The question is how much you want to be involved. As u/[LCJonSnow](https://www.reddit.com/user/LCJonSnow/) said, sector stuff tends to under perform. So that volatility might not even be as profitable. You will have to micro manage those sectors to sell high and buy low to generate outstanding returns. Generally, people recommend 3 fund or 4 fund portfolios. This maximizes results while taking out micromanaging. Those 5% funds you have - They are fine if you are up for checking on these stocks every day/week. Generally, energy and rare earths do not outperform the market. You might have some random spikes but then it will either stabilize or drop. Even if they outperform 1 year, the next 5 years, voo will beat it. So, it is 100% okay to get those funds. Just be aware they need to be monitored. I know Exxon mobile is a popular pick. It is a good choice from that sector. Just check graphs. It wont beat most other fund types most of the time. I did the same thing with my account where I had a few gambles. I have a separate account just for playing with certain stock types. I don't put a lot of money in it. It is just learning/playing around money. As mentioned earlier, It requires constant observation. It is hard to avoid grabbing those few extra stocks to see what will happen. Just don't make it a large portion of the portfolio. I think 5% combined at most. I believe that ETF's are almost exclusively better than mutual funds in most scenarios but fidelity does have those zero expense ratio funds. I do agree that there should be zero bonds at your age. These are good. * VOO * QQQM * FSTA * FZILX Consider SPMO. Newer fund, similar to VOO but less holdings and a slightly different methodology. Slightly higher volatility but it has been out performing. If you think the stock market is going to crash, VTI is better than both VOO and SPMO. It will drop less and recover decently. VOO only started outperforming VTI significantly in recent years. Can VTI for now and change it later. This would be for if you think AI is a bubble right now or if you think the current Oil war will impact everything. You might want a 5% for a mix of gold and bitcoin (bitcoin does have etf's so you don't have to worry about owning BTC itself). Bitcoin seems kinda scammy but its in a down cycle. We will see if it recovers or finally dies. Gold is for if inflation destroys the USA Dollar. Might not matter at your age. I ignore gold myself but I know its on a lot of peoples recommendations to have a small position in it.

Proud_Chef2159

FZILX is the better pick for a Roth, no question.

GaylrdFocker

Is this a taxable account? Do not use Fidelity's zero fee funds in a taxable account. If you ever leave Fidelity they cannot be transferred. Just do VTI/VXUS split or 100% VT. If it's a retirement account like an IRA, FZROX and FZILX are all you need. FZILX replaces the Intl fund you listed, and everything between those that you listed are not worth it. It reduces your diversification for a higher expense ratio.

Pretend_Composer_308

I’d call it a barbell portfolio: the retirement accounts are textbook-solid, and the taxable brokerage is a high-conviction, high-risk bet. The 401k in 100% S&P 500 index is about as clean and low-cost as it gets for that account type, and the Roth’s core FZILX allocation gives you real international diversification, so those two accounts together form a genuinely sound foundation. The brokerage account is a different story. Nvidia alone is a quarter of that account, and Nvidia plus Micron is nearly 38%, which means your single biggest risk isn’t “stocks in general” but the semiconductor cycle specifically. Layer in Google and Caterpillar showing up again here on top of the Roth, and your true aggregate exposure to those names is higher than the brokerage percentages alone suggest. Beyond the concentration, a meaningful chunk of the account sits in names that are genuinely speculative or thesis-dependent rather than blue chip: SLS, RDDT, UUUU, ASTS, and RKLB together are close to a quarter of the brokerage, and those are the kinds of positions that can see 50%+ swings on sentiment or a single earnings miss. Across the whole $570k picture, you also have zero bonds or fixed income, so basically all of your growth assets are levered to equity and tech risk, cushioned only by a very healthy 65k cash position. None of this is unreasonable for 28 with a long runway and high risk tolerance, but it’s worth being honest that this isn’t a “boring compounding machine” portfolio, it’s a semiconductor-and-speculative-growth bet with two well-built retirement accounts underneath it. I’m not a financial advisor, so treat this as a structural read rather than a recommendation on what to buy or sell.

Disheveled_Politico

Not that I know anything, but I like your investments. Maybe a little risky but you have a ton of money for your age so I think you can afford the risk and your core is smart money. You’re betting against American companies with FZILX and you should probably make sure that’s a market statement not a political one, I have VXUS as about 5% of total, you’re putting your most precious money in essentially one basket.  But, $65k in cash at 28 is too much for me. Maybe you time the market perfectly and deploy it in a downturn, but that’s extremely hard to predict. I’d put like $50k in your more stable equities/ETFs. 

Apprehensive-Mine364

I'm down on my semi stocks which I'm bitter about as its ~50% of my small portfolio I play with. Fuck you TSM & ASYS. most of my other holding are bounching between 2% positive or negative max....think finance and super short term risky shit. My manufacturing stocks, all except AA are green and a positive return. I had cash sitting in a fidelity position...then realized it would be better sitting in a diversified international market. FZILX was my global (read international and less exposure to the AI bubble and diversified from US markets.) It also is a 0 expense no transaction fee index fund. Downside of FZILX is that Samsung and SK Hynix are being held. That said....I think if a position shits the bed they drop it....I'm no Michael burry when it comes to research thought. DD: moved cash into international index fund with 0 expense or transaction fees. Hoping to get better rates than a cash position and a decent market return.

Metalsonicblackjesus

Hey I started with a portfolio very similar to yours but then I realized that at a young age (20s-30s), it does not make sense to hold Bonds and the international stuff really isnt helping much either. So I took my portfolio that looked like yours and condensed it down into this: Brokerage: ITOT/VTI: 80% CASH: 15% (park it in a high yield thing like money market or USFR ETF) Play money: 5% for taking riskier bets for fun Roth IRA: FZROX - 80% FZILX - 20% Once you get into your late 40s/50s, then you can start thinking about Bonds again. But at your age, I would skip it entirely. A lot of people would say just get rid of the international stuff entirely. I did in my Brokerage account, but I felt safer keeping some FZILX in my Roth just in case there are a few years where international beats US. At least I will have some exposure. It's not like it will be a huge switch, I cant imagine international will completely destroy US, but if it slightly outperforms a few years then it will feel good having that little bit of FZILX. And if it never outperforms US, at least I only have 20%.

Calm_Chicken_5549

So I should remove the VXUS and FZILX as well as the BND?

greenpride32

I wouldn't go with BND at your age; you have plenty of time to ride out the ups and downs of growth equities. VXUS and FZILX underperform VTI and FZROX in the long run. The reason for this is the US has the largest economy and attracts the most capital investment (which helps to perpetuate the cycle). Also most of the leading US companies operate on a global scale, so it's not as though you only invested in one domestic economy. Over the course of the long run, the difference in CAGR will make a very meaningful difference in total return. My goal in investment is to grow my net worth as much as possible by making selections that have a proven track record; everything else (diversity) is secondary. You can compare VTI (US), VT (World including US) and VXUS (World minus US) - the more US weight the better the long term performance.

Kyzp

I get the ETF recommendations, but I buy Fidelity Index funds. They settle at the end of the day so that leaves you never worrying about share prices. Fidelity has very low expense ratios \[0% or 1.5%\] depending on if you want to invest in their proprietary funds or their tracking funds. My favorites are: FZROX; FSKAX; FXAIX; FNILX; and FZILX. I mostly invest in FZROX and FSKAX to get access to the total market in different forms. I then use FZILX for my international allocation. I like on a down day, I know where the fund will settle and I just put in a buy order right before closing. Super simple. Fidelity's website and App are the best in the business IMHO.

InvestingNerd2020

" I will Teach you how to be rich" by Ramit Sethi. Excellent book. Brokers: Either Fidelity or Charles Schwab. Investing operations for those earning less than $153k per year (including bonuses): - Contribute to your 401k/403B plan pre-tax up to the employer match. Usually 3-6%. - Build up to 3 months worth of your routine monthly survival income in a high yield savings account (HYSA) or Treasury fund within a taxable brokerage account. Make sure it has 3% or higher interest. This will be emergency savings. - After building up emergency savings, then open a Roth Individual Retirement Account (Roth IRA). It offers tax free retirement gains. Invest 80% Total USA fund and 20% International. For Fidelity that would be FZROX and FZILX. For Schwab that would be SWTSX and SWISX.

notananthem

Wendy’s FZILX that’s it

Stock-Ad-4796

They're nearly identical so the overlap isnt really a problem. switching FZROX to something like FZILX or a bond fund for diversification makes more sense than worrying about redundancy between two funds tracking almost the same index.

sovereign_MD

If you’re willing to lock into a mutual fund for tax-advantaged, go for fidelity’s zero cost funds. FZROX, FZILX etc

Suspicious-Fish7281

I went with total world market funds. I seek to own all the stocks and not just the 500 biggest US stocks provided by the S&P500. Most of my retirement money is with Fidelity, so specifically FZROX (US) and FZILX (International) in my tax advantaged accounts and FSKAX and FTIHX in my taxable brokerage. Bonds. I hold a bond fund FXNAX now because I am about 3 to 7 years out from retirement and want additional stability. I also want a different asset bucket to sell from in my withdrawal phase in retirement. Bonds historically have a better return than cash and better stability than stocks. Bonds also are mostly negatively correlated with the market. When the market goes down bonds tend to go up (we didn't see this in 08'). That said I am still only 20% bonds and likely won't increase that much. If you are further away from retirement than me then run less to no bonds. If you are risk adverse than run some bonds. I believe that is about all the diversity that you need. Small 1 or 2% hedge with precious metals is fine I guess. Reits are probably okay if you rent but if you own your home you probably already are overexposed to real estate. TIPS have their place as an additional safe income replacement for early retirement. Want to take 1 or 2% of your net worth a pick a single stock or 2 go ahead, have some fun. Don't over complicate it. Professional teams paid millions fail to beat the market by picking. I am not better than them and neither are you. Buy low expense total market funds consistently from a young age and in tax advantaged accounts when possible. Add bonds as your age and risk tolerance changes. It will be boring and slow but you will get there. See r/personalfinance and r/Bogleheads for more information.

LeakyFish

FZILX

According-Dinner6190

Thank you for your insight, sir. This is what I'm in the mix between and upped the international as what you said. 80% FZROX 20% FZILX Or 70% FXAIX 15% AVUV 15% FZILX

paragonx29

C'mon my man, you're a Fidelity guy. Your 3-fund should be: FZROX / FZILX / FXNAX 0 or low fee!

InvestingNerd2020

I like the Roth IRA plan. Maybe add a bit of International with FZILX 20% split. For the taxable brokerage account, maybe $22,500 into SCHD for dividend growth. Reinvest the dividends to watch it grow. Leave the rest of the money ($70k) in a money market fund for a condo or car.

Emotional-Power-7242

You hold them at whatever the current market capitalization of US vs International is, at the moment it's about 60% US and 40% international so you would hold 60% FSKAX and 40% FZILX. This willcchange as the years go buy and you adjust accordingly, ideally you adjust annually at a predetermined date. I do it the week of Christmas every year. Check out /r/bogleheads for the reasoning/strategy behind this.

Emotional-Power-7242

FSKAX is great, the only other fund you need is a total international like FZILX for a complete portfolio. You don't need anything else. If you accidentally make too much for a Roth IRA you just need to call fidelity or whoever the IRA is with and they'll withdraw all the contributions from that year.

Hydralli

Hi, I’m wanting to change investments from FXAIX to VT in my Roth IRA and was confused about wash sales and wanted to make sure I don’t trigger it. Currently I invest FZROX & FZILX in my HSA and VTI & VXUS in my Taxable weekly for both. Will selling my FXAIX in my Taxable account to buy VT trigger a wash sale as I’m buying similar funds in the other two accounts?

Machine8851

FZROX and FZILX are better because you pay no fees plus they perform a little better due to having less holdings.

InvestingNerd2020

Horrible for someone with 15 years until turning 60. Fire that guy. Just use FZROX at 70% and FZILX at 30%. Replace FZILX in 10 years with SCHD.

MeineGoethe

VT or VTI + VXUS. If you plan to only hold in Fidelity and a non tax account then you can use their 0 fee mutual funds FZROX + FZILX. If you only hold VOO then you’ll miss small/mid cap and international. I personally just hold VT because it’s a simple and covers everything.

Emotional-Power-7242

The asset class allocations are fine. Some of the funds are fine. Some of the funds have high fees, for example the Strategic Advisors funds have a fee of like 0.5%, which is on top of the 1.5% management fee you're already paying. So that part of the portfolio is actually paying a 2% fee. Just to demonstrate the tyranny of compounding fees, a 2% fee on a $50,000 investment over 30 years would come out to ~$90,000. The strategies these guys employ also lead to a high turnover rate, which adds even more fees and even more taxes if the money isn't in a 401k. Investing is simple and there is no reason to pay high fees. For example a portfolio of 50% FZROX and 20% FZLIX would essentially replicate the equities portion of this portfolio, for a whopping 0.0% fee. And those are Fidelity funds. For the bonds portion you could just do FSNAX, another Fidelity fund that charges a 0.025% fee. They will tell you that their plan will beat the market. It would have to beat the market by more than 2% annually to make it worth the fees. It will not beat the market by 2% annually. It is far more likely to underperform the market than beat it by 2%. But probably it will more or less perform the same as the market. So just buy the whole market and don't pay fees. FZROX is the entire US equities market, FZILX is the entire international equities market, FZNAX is the entire US bond market. A great option is to simply buy a low fee target retirement date fund, such as FIOFX (also from Fidelity). This is a fund for someone planning to retire in 2045. It charges a 0.12% fee. It is currently at 53% US equities/37% international equities/10% bonds. This is sort of a catch-all risk allocation for somebody 20 years from retirement. If you are planning on retiring sooner, or if you just would prefer a higher bond allocation, take FBIFX or FIHFX. FBIHX is for someone retiring in 2040 and is currently 47% US equities/33% international equities/20% bonds. FIHFX is for someone retiring in 2035 and is currently 38% US equities/27% international equities/35% bonds. They all move heavier in bonds as you get closer to retirement, so FIOHX will look like FBIHX in 5 years and then like FIHFX in 10 years. They're all the same fund essentially just for different tome horizons. Another option would be Wellington Fund from Vanguard, a 65% equities/35% bond fund from Vanguard. This is an actively managed fund with professional managers making decisions instead of following an index, if that makes you more comfortable. It has a 100 year track record of great performance, and for investments of over $50,000 charges a 0.16% fee. This fund does not adjust bond allocation over time, so you would maybe want to reasses risk tolerance after say 10 years, which you can do by talking to an advisor who charges one time for a consultation rather than managing for a fee. Essentially, a 1.5% fee is fucking crazy. And recommending funds charging 0.5% fees is just bad advice. This is extremely common with managers though, if you try a different manager they'll basically do the same thing. Just buy the market, yourself, using uncomplicated investment vehicles you're comfortable with, for very low fees. I would only recommend an active manager if you think you're the kind of person who will see on the news that the market crashed, freak out and sell everything. But even then I'd look for a manager who builds you a simple, low fee, low turnover portfolio.

applemasher

Add some **FZILX and you're set.**

zhawk122

Hijacking your question. I recently rebalanced my Roth port to start contributing 63, 21, and 16% to FXAIX (S&P500 index), FZILX (international index), and FSKAX (total market index), respectively. Is this a solid split?

sky905

I definitely echo your sentiment about the possibility of a future dominated more by International markets especially with everything that is going on right now in the country but since i don’t see myself retiring until like 65, my plan is so start at 20% FZILX and then slowly increase into it depending on how the trends are looking. Since you plan to retire in 10 years, i definitely get your move of investing much more heavily in international though.

Machine8851

Nice this is similar to what I do in addition to 2 more funds. But I do FZROX and FZILX in a brokerage as well

No-Phrase-4692

The best option is to complete divest from the US and Israel. I’m FZILX’d

itijara

Fidelity total market (FZROZ) and Fidelity international total market (FZILX). Recently I have been putting more in the extended total market (FZIPX) to diversify away from big tech. Wsb is a popcorn sub for me. I don't have the stupidity or balls to pick stocks or trade options.

Fish_Out_of_Water00

At least do 7k in a Backdoor Roth with FZROX and FZILX. Whether it’ll continue to dip is anyone’s guess but time in the market beats timing the market. Don’t invest in those zero funds in taxable account though because you can’t transfer them if you decide to leave Fidelity.

RockyDisaster

FZILX?

SparklesDudley_

The FZILX is up 30% 2025 and up ~10% ytd Tf you talking about?

Aggressive_Finish798

FZROX (Total Market): Broad U.S. exposure. FNILX (Large Cap): Similar to S&P 500. FZILX (International): Foreign developed/emerging markets. FZIPX (Extended Market): Mid/small-cap U.S. stocks.

External_Pattern9950

fidelity is solid for long-term investing but their active trader platform is clunky compared to IBKR or even schwab. the zero expense ratio index funds (FZROX, FZILX) are genuinely hard to beat. no other broker offers that. their cash management account is underrated too, basically a checking account with ATM fee reimbursement and automatic sweep into money market. where they fall short is options trading (the interface is painful) and real-time data (you need to pay for nasdaq level 2 separately). if you are mostly buying and holding index funds with occasional individual stock picks, fidelity is probably the best overall platform. if you are actively trading, IBKR wins on execution quality and commissions.

steady_compounder

The logic is sound. You've already got S&P 500 exposure in the 457b so moving the IRA to FZILX for international makes sense. No point doubling up on the same index across two accounts. Don't try to time the switch though. You'll drive yourself crazy waiting for the "right" moment and probably miss it anyway. Just make the move and let it compound. The whole point of diversifying is reducing concentration risk, not timing currencies.

DoinIt4DaShorteez

If you're 100% in S&P 500 you really want to move one account to FZILX, there's two ways to do it: 1. Put new money in FZILX. Wait for the scenario you're describing where S&P and FZILX are out of balance, and move the rest then, 2. Keep putting money in VOO and wait for that scenario. Maybe it happens, maybe it doesn't. I don't think there's anything evil about what you're thinking about. There just isn't any way to know a) whether the scenario will ever happen, or b) how it works out in the end.

DigitalDensity

To elaborate on this, OP, FZROX is a zero-expense VTI and FZILX zero-expense VXUS. As others have said, this combination gets you (nearly) every publicly traded company. The only caveat here is you’d have to decide what you want your US vs Ex-US allocation to be which would be avoidable with VT. Something to note, these are not ETFs like how the Vanguard funds are. You place a buy or sell order for however much in dollars or shares and buy/sell when the NAV changes for the trading day. ETFs (VTI, VT, VXUS, etc) are bought and sold throughout the day. If you automate investments and don’t plan to actively trade the Roth IRA (which shouldn’t be done anyway), this is a non factor but I know some people get antsy about it. Last, these are Fidelity-locked. If you ever want to move your Roth IRA elsewhere, you’ll need to first sell the shares of the funds before you move the money elsewhere and buy the other ETFs/index funds in the other broker. In a tax sheltered account like a Roth IRA, this doesn’t really matter. In a taxable brokerage, this’ll force you to recognize gains or losses and to pay taxes on those gains. All that being said, I love my Fidelity Zero holdings and would definitely recommend them so long as you have no plans to move out of Fidelity any time soon.

livetotranscend

I do 70% FZROX and 30% FZILX and I'm up 23.96% over the past year and my all time return is 45.21% (been doing it this way for almost 2 years I think). Both of those funds are zero expense ratio funds and cover most the market, both domestic and international. Lately I've been thinking about adding a small percentage of SCHD but I'm not sure how best to work it in.

GregorSamsanite

QQQI has only been around for 2 years, during a bull market for big tech stocks. It's volatile, but doesn't have a long enough history to reflect it. The dividends are just financial engineering. The underlying stocks they own generally don't pay high dividends, but the fund pays out their growth like dividends instead of capital gains. In an IRA you don't have a reason to care about the tax implications of capital gains vs. dividends. Returns are returns, and the difference between dividends vs. capital gains is mostly psychological, especially when it's investing in the same underlying companies either way. I'd say just stick with your original plan of FZROX and FZILX. Those are broadly diversified and FZROX will contain plenty of the same big tech stocks that QQQI is investing in, so you'll be exposed enough to that, without extra concentration in a tech fund. 70/30 is a reasonable ratio. Market cap weighting would probably be a little closer to the 60-65/35-40 range, but close enough, and nobody can predict the future and tell you exactly which ratio is best. At your age it's fair to go all in on stocks as long as you have the temperament to not panic sell when there's inevitably a downturn. As you get closer to retirement you'll want to think a bit more about value preservation. But even in retirement, the target date funds often want you 50% in bonds which I would consider too high. Target date funds can be a reasonable option, and better than a lot of the mistakes people can make if they get too involved, but I wouldn't consider them optimal.

kronikfumes

Especially considering the last year performance of FZROX compared to FZILX.

Various_Couple_764

FZROX and FZILX iare a total market fund and interhnationonal market fund. FXAIX is just a S&P500 index fund. The stock in FXAIX are in FZROX. I would just go with FZROX and FZILX. Both are fidelity zero funds which are only available to fidelity customers and and have zero fees and expenses. IF you invest in these fund and max out your yearly deposit you will have about 2 million invested by age 60. But one issue with Roth accounts the deposit limit is very low. 7500 per year. If you could increase the deposit limit to 15000 you would have about 4 million by age 60. So it is worth it to make changes to get more money into the account. So I would consider adding a dividend fund to your account. dividends are cash profit sharing payment to investors in a company. And a Roth account allows unlimited dividend deposits into your account. I have a fund in my account QQQI. It has a dividend yield of 13% so it will generate a lot of cash Now you could invest all the cash in QQQI or your could collect the cash and and set up and automatic monthly transfers of the money into FZROX and FXIKX and QQQI. AND do an occasional rebalancing so that each fund will hav the same ammount of money..

Crazy-Cat-Lad

And I believe they pay dividends once per year (at least the FZROX and FZILX that I did) instead of quarterly or monthly

AdventurousFan8144

25 is not late. genuinely. someone telling you that at 25 is either 22 and feels clever or has never done the math on compound growth over 40 years. all three are fine, you won’t make a wrong choice. but if I had to pick for a beginner with $3k: Fidelity. the interface is cleaner for someone just starting, they have zero-fee index funds (FZROX, FZILX) which matter when you’re starting small, and their app is genuinely easy to use without feeling like you need a finance degree. just pick one, open the account today, put it in a broad market index fund, and set up automatic contributions. the broker matters way less than just starting.

joshbend

All three are excellent. the difference between them is pretty marginal, and picking one and starting matters way more than which one you pick. That said, Fidelity has a slight edge for beginners: their zero-fee index funds (FZROX for total US market, FZILX for international) have 0% expense ratios and $0 minimums. hard to beat. Vanguard funds like VTI are the industry benchmark but Fidelity's equivalents are essentially free. Schwab is solid too. At 25 with $3k, open a roth IRA at whichever you like and put it in a single total market fund. you're not late. someone who starts at 25 and contributes consistently for 40 years ends up in a completely different place than someone who waits.

Additional-Sand-843

I personally love FZILX. I picked up my first and only load- thus far, on August 4th of 2025, so roughly 6.5 months ago, and have generated 21.77% return. The past year's return on the fund is 33.54%, which is great, but in previous years it did not perform nearly as well. But I believe international markets are going to start to flourish more. In the future, there's no saying what could happen; the world scale is quite volatile right now, but I think it will continue to do well. I only started investing 2 years ago, so I am not experienced yet. What I recommend investing in depends on your portfolio size, how long you want to hold positions, and risk tolerance.

Extension_Orchid_196

How do you feel about FZILX? Do you think it will have an upside? What do you recommend investing in! New investor here.

Additional-Sand-843

If you are using Fidelity, I highly recommend FZILX as an international exposure MF. I agree with you on the 2nd sentence. Do you think an AI bubble could pop?

DaemonTargaryen2024

* Option 1: globally diversified (slight US tilt) * Option 2: US-only, tilt towards US LC blend, US LC value, and tech. Long term, the smart bet is Option 1. >FZROX and FZILX gives broader diversification including small caps and international Correct >SPY QQQ SCHD is more us focused with a heavier tech and dividend tilt Correct. There's no logical reason to tilt towards dividend stocks. And the tech tilt can be enticing but careful chasing recent performance >QQQ has historically outperformed in tech driven markets but with more volatility Correct. After dot com it fell 80% and didn't recover for 16 years. Would you be okay holding onto QQQ if something similar happened again? >SCHD adds income through dividends Technically, but who cares about income when you're not retired? >but can lag in strong bull runs Yes. It also just underperforms long term, period.

blind_homer

Fidelity. 0% fee total market funds (FZROX and FZILX) and automatic money market yields on cash (SPAXX). Upgrade to FZDXX (premium money market -- higher yield and lower fees) if you have $100k+ initial cash investment. Fwiw, Schwab has more history donating to Republicans (they also decamped from CA to TX), if that matters to you.

options-tradin

Is it redundant to own VTI and VXUS and still have FXAIX and FZILX? Trying to rebalance my Roth portfolio. Mostly own vti and vxus and have some shares of FDEGX. Not sure if i should swap it for FXAIX and FZILX or just sell and put the money into VTI/VXUS.

SeverHense

Anyone's portfolio down for the last 30 days? 75% ETFs: FZILX, FSELX, FZILX, FZROX. 20% Mag 7/"safe" stocks: GOOG, NDVA. AMZN, NFLX 5% funny money: FSAGX, XME, MU, FBTC. Should I better diversify?

arcademachin3

25k FZROX, 25k FZILX, 50k HYSA. 20k for home improvement, new car, speculative stock bets in the first year (pick one, this is the ceiling on your fun money). Then bleed the remaining 80k into the market 5k per month for 16 months into the two ETFS I listed at the start.

No-Phrase-4692

For the broad market, FZILX teasuries: BWX clean energy; PBD and KGRN I also have a stake in Nokia that I’ve had for over a decade.

j_la

What do you think of FZILX?

InvisibleEar

Just do 80/20 FZROX FZILX

Live_Equivalent_6677

To specifically answer your question: FCPIX is an excellent fund. The expense ratio is high for two reasons, first it is an "actively managed fund" (meaning the experts at Fidelity are picking the stocks, as opposed to passively following an "index" like FZILX) and second because it has very high "turnover" (nearly 100%!) meaning the fund managers are constantly buying & selling (or "flipping") stocks to time the market. It's true that FCPIX didn't have a very good year in 2025 compared to index funds like FZILX or VXUS. In my opinion this is because "international value" stocks outperformed "international growth" during that time period. Therefore funds that focus on growth companies (like FCPIX) underperformed value funds last year. But if you "zoom out" and look at the big picture, you'll see FCPIX actually has an excellent track record that goes all the way back to the 1990s (and it does beat FZILX over the lifetime of the fund). I myself do not own any FCPIX. But I want to clear up the misconception that it's any kind of scam or ripoff. The fee is justifiably high due to the active management and high turnover. And the performance is excellent, in years when growth factor does well.

Emotional-Power-7242

You could get rid of the bonds if you want but I'd just put the 5% in FZILX. You get bonds for safety and buying an individual stock is pretty much the riskiest thing you can do, so Coke is a bad substitute. If you wanted something that's still safer than equities but returns higher than FXNAX you could find some higher yielding bond fund (intermediate corporate for example) or maybe add a conservative balanced fund with 60% bonds and 40% equities or whatever numbers suit you.

FunConcert1690

What do you mean by harvest gains? I’m not familiar with this term. Also, my Roth is currently set up with 80% FXAIX, 20% FZILX. I know this is a highly aggressive mix, but would you think being that aggressive with the UTMA is a bad idea? Having my Roth set up like this has done really well so I was originally planning on mirroring it for the UTMA. FZROX does offer better diversification with zero fees, do you feel like you are trading zero fees for less growth though?

Spare_Ad8851

I have UTMA at Fidelity so I use their zero fees funds - 65% in FZROX (total US market) and 35% in FZILX (international) I don't see the point in bonds for a "fun" money account with long maturity don't forget to harvest gains at the end of the year - it's not a lot, but with a few clicks you can step up their basis just a bit

arcademachin3

FZILX

sovereign_MD

I was 70/30 FZROX/FZILX and moved to 55/45

andybmcc

That's total US market, not world. Cap weighted S&P 500 and total US will perform similarly because of the weighting. FNILX is the zero mutual fund that resembles the S&P 500. The share prices is completely irrelevant. You can invest in partial mutual fund shares no problem at Fidelity. I would suggest investing in total US and an international fund. For Fidelity mutual funds, that's FZROX and FZILX for the zero funds or FSKAX and FTIHX for the normal (still extremely low fee) mutual funds.

FaithfulGaurdian

The SP500 has recently been slowing down due to growing concerns about an AI bubble as institutions have been pivoting away and into precious metals and international equities. I would recommend diversification and I personally would not put all of it in FXAIX. International equities in the past year have been on a tear and I would suggest some allocation into that. If she's with Fidelity, they offer FZILX which broadly tracks international equities and has an expense ratio of zero. They also offer another mutual fund with an zero expense ratio FZROX to track the whole US market if you're interested in expanding into midcaps and smallcaps.

ciferite

There's still a lot of overlap here. FXAIX, FSKAX and FNCMX all have the same top mega cap companies taking the majority of the weight. 90% of FXAIX is in FSKAX as well. You're basically investing in the top mega caps 3 times. A better way to diversify would be to do: 50% FXAIX 10% Mid cap etf 10% small cap etf 30% FZILX For the mid and small cap, you can find one that seems good to you. AVUV is a good small cap etf that a lot of people recommend. But you have fidelity mid and small cap funds for very low exp ratio. This way, you have no overlaps and have exposure to mostly everything. This is a simple "set and forget" portfolio for roth ira. Hope this helps.

Play_2D

Steady as she goes, DCAing each month into the S&P 500, as well as buying FZILX for the no fee international index fund (always good to diversify a little).

SnoopDoug523

FZILX + FZROX is the answer

fwiga

FZROX / FZILX split

Cruian

* At about 25% international you're a little low compared to market cap (around 37% last I checked) and current common recommendations (30-40% of stock). * You could simplify the international into a single fund that covers both developed and emerging, but that'd give up your slight emerging tilt. VXUS, IXUS, FTIHX, FZILX to name a few that are free to trade at Fidelity. * What's your plans for bonds or similar? * Why have SCHG & SCHV & S&P 500 fund(s)?

anonymousleans

Wow. That was a very helpful response. I appreciate it. Are there any specific Fidelity funds you’d recommend for the mid and small cap? Seems like some allocation of FXAIX (S&P500), FZROX (large, small, and mid), FZILX (International), and some small percentage of bonds would be good?

No-Phrase-4692

FZILX has netted me 20% since liberation day

DaemonTargaryen2024

>50% FZROX (basically VOO but no fees?) VOO + smaller US companies, but basically yes >20% FZILX (international emerging markets with no fees)  emerging *and* developed markets >20% FTEC (fidelity tech etf) This is fine as long as you can stomach more volatility for a longer period of time >10% FESM (fidelity small cap) No need, since this is already covered in FZROX. Unless you're purposefully tilting towards small cap. Overall: looks good to me. I'd get into the market immediately. If you hadn't rolled over it's not like you would've moved all your 401k to cash.

Emotional-Power-7242

International equities have the same expected return as US equities. Actually slightly higher because of risk premiums associated with value characteristics. Essentially stocks with lower P/E are expected to return more and international markets currently have lower P/E than the US market. So you can have lots of international exposure without losing out on growth. Anyway for market cap weights you would sell ~$350,000 of VTI/FSKAX/FXAIX and buy $350,000 of VXUS/FTIHX/FZILX. Note that while doing this is a good idea in general, doing it because of your personal feelings about the market is potentially a bad idea. If you stick with the allocation for the rest of your life then it's good. If you switch back to all US equities next time the US outperforms for a year then you will just uneerperform overall.

PacerFan

Invest in international. VXUS, IDMO, FZILX

Khartu-Al

FZILX is proprietary and does not track the same index, althouh they are mostly similar. I believe FSKAX includes more slightly underperforming (now) small caps.

Emotional-Power-7242

FXAIX and FZROX are essentially the same thing. They have an 80%+ overlap and performance wise basically just track each other. So for simplicity sake best to pick one, sell the other, and put the money into the chosen one. Needs more FZILX. Really al you need is FXAIX (or FZROX) and FZILX.

0raegano

Hello! I am new to investing and am looking for advice on growing my brokerage account. Context: * I just turned 26 * I have $45,000 in my 401k, and I contribute roughly $14,000 per year to this (this is including my employer match) * I started a Roth IRA last year and maxed it out. I also have 2026 maxed out already. I would like to build on my brokerage account for more accessible funds. I have $90,000 in a HYSA earning 4% APY. This is my down payment fund (70k for down payment and 20k for an emergency fund) I use Fidelity and my brokerage account has $10k in it. This is what I currently have: * FXAIX - $4,600 * FZROX - $2,500 * NVDA - $1,300 * IDMO - $1,000 * FZILX - $700 Like I said, I am new to investing but know some basics. I really don't want to have to monitor this daily, so I'm looking for more of a set-and-forget. Thank you :)

Emotional-Power-7242

All you need is FZROX and FZILX.

gaiaphas

I'm with fidelity and currently in FBGRX, FZROX, FZILX, and FNILX. I know Financial planning is based on goals, i plan on retiring early, how early? That remains to be seen. I put about 65-70% of what I invest into FBGRX and the rest is distributed evenly. Is there a fund or other plan I should go with?

HotfixLover

At your age, for a Roth IRA, the difference between ETFs and mutual funds isn’t that big. If you want to follow the Boglehead 3 fund, FZROX/FZILX is simpler and has no fees, but VTI/VXUS offers flexibility if you plan to move the account later.

dooknuckduster

Either one will work. FZROX / FZILX, VTI / VXUS, ITOT / IXUS (blackrock iShares), etc

Cruian

>Initially I was leaning towards VTI/VXUS because ETFs are better for portability The Zero mutual funds would likely only add a market day or two to your move. That's so small I wouldn't worry about it. >and I like the ability to just sell during the day as opposed to waiting at the end of the day. For some people, that makes it more likely they commit a behavioral mistake. >However for FZROX/FZILX I learned that portability doesn’t matter as you can liquidate all the assets in a tax advantaged account before you move to another company. Correct. The performance difference between VTI/FZROX and VXUS/FZILX should be incredibly close to the point which is ahead may even trade places from time to time.

theeyeholeman1

Fidelity. $600 in FZROX, $400 in FZILX. DO NOT TOUCH IT