FZROX is the only major broad market index fund with a 0.00 percent expense ratio. Fidelity launched Zero funds in 2018. The catch is it tracks a proprietary Fidelity index meaning it can only be held at Fidelity and cannot be transferred to other brokers without selling. Performance tracks VTI within 0.01 percent over 5 years. Best for investors committed to Fidelity who want to maximize returns by eliminating all fees.
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