Fidelity Flex Mid Cap Index Fund (FLAPX) belongs to the Mid Cap Blend Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FLAPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FLAPX
FLAPX charges 0.00% annually. No mutual funds in the Mid Cap Blend Equities category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Mid Cap Index Fund | 0.03% | — | Sep 2011 | FLAPX vs FSMDX | |
| Vanguard Mid-Cap Index Fund Institutional Plus Sha... | 0.03% | 213.90B | Dec 2010 | FLAPX vs VMCPX | |
| Vanguard Mid-Cap Index Fund Institutional Shares | 0.04% | 213.90B | May 1998 | FLAPX vs VMCIX | |
| Schwab U.S. Mid-Cap Index Fund | 0.04% | 2.70B | Dec 2017 | FLAPX vs SWMCX | |
| Vanguard Extended Market Index Fund Institutional ... | 0.04% | 89.90B | Jan 2011 | FLAPX vs VEMPX |
Best Risk-Adjusted Alternatives to FLAPX
FLAPX has a PortfoliosLab risk / return rank of 54. There are 36 mutual funds in the Mid Cap Blend Equities category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Paradigm Select Fund | 92 | — | Jan 2005 | FLAPX vs PFSLX | |
| Gotham Enhanced Return Fund | 83 | — | May 2013 | FLAPX vs GENIX | |
| The Texas Fund | 82 | — | Sep 2013 | FLAPX vs BIGTX | |
| Destinations Small-Mid Cap Equity Fund | 77 | — | Mar 2017 | FLAPX vs DSMFX | |
| Vanguard Strategic Equity Fund | 75 | 11.20B | Aug 1995 | FLAPX vs VSEQX |
Top Performing FLAPX Alternatives (YTD)
FLAPX is at 15.19% YTD. There are 42 mutual funds in the Mid Cap Blend Equities category with higher YTD returns, going as high as 42.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Paradigm Select Fund | 42.35% | — | Jan 2005 | FLAPX vs PFSLX | |
| Fidelity SAI Small-Mid Cap 500 Index Fund | 33.04% | — | Aug 2015 | FLAPX vs FZFLX | |
| Hodges Fund | 28.91% | — | Oct 1992 | FLAPX vs HDPMX | |
| 13D Activist Fund | 27.27% | — | Dec 2011 | FLAPX vs DDDIX | |
| The Texas Fund | 26.40% | — | Sep 2013 | FLAPX vs BIGTX |
Lowest Volatility Alternatives to FLAPX
FLAPX has 15.51% 1-year volatility. There are 67 mutual funds in the Mid Cap Blend Equities category with lower 1-year volatility, going as low as 9.26%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Aquila Opportunity Growth Fund | 9.26% | — | Jul 1994 | FLAPX vs ATGAX | |
| Gabelli Focused Growth and Income Fund | 9.65% | — | Dec 2002 | FLAPX vs GWSAX | |
| Timothy Plan Large/Mid Cap Value Fund | 11.53% | — | Jul 1999 | FLAPX vs TLVAX | |
| Quantified Common Ground Fund | 11.73% | — | Dec 2019 | FLAPX vs QCGDX | |
| Boston Trust Midcap Fund | 11.80% | — | — | FLAPX vs BTMFX |
Lowest Drawdown Alternatives to FLAPX
FLAPX has a 1-year max drawdown of -9.21%. There are 61 mutual funds in the Mid Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -5.55%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Quantified Common Ground Fund | -5.55% | — | Dec 2019 | FLAPX vs QCGDX | |
| FullerThaler Behavioral Mid-Cap Equity Fund Instit... | -6.33% | — | Oct 2023 | FLAPX vs FTHMX | |
| Gotham Enhanced Return Fund | -6.44% | — | May 2013 | FLAPX vs GENIX | |
| Gabelli Focused Growth and Income Fund | -6.54% | — | Dec 2002 | FLAPX vs GWSAX | |
| Fuller & Thaler Behavioral Small-Mid Core Equity F... | -6.80% | — | Dec 2018 | FLAPX vs FTSIX |
Other Mutual Funds from Fidelity
The 10 most viewed Fidelity mutual funds shown here include FXAIX, FSELX, FZROX and span 6 categories. AUM among these funds goes as high as $176B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | S&P 500 | 73 | 11.71% | — | Feb 1988 | FLAPX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 97 | 85.56% | — | Jul 1985 | FLAPX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 72 | 12.01% | — | — | FLAPX vs FZROX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 32 | 8.60% | — | — | FLAPX vs FSPGX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 71 | 12.08% | — | — | FLAPX vs FSKAX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 75 | 18.56% | — | Dec 1987 | FLAPX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 35 | 7.76% | 176.32B | May 1967 | FLAPX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 71 | 11.56% | — | — | FLAPX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 27 | 9.51% | — | Nov 1997 | FLAPX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 58 | 15.53% | — | Jun 2016 | FLAPX vs FTIHX |
Often Compared With FLAPX
Investors most often compare FLAPX with FDFIX, FLXSX, VO. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare FLAPX with Any Fund or Stock
Compare FLAPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FLAPX with funds that move differently
Fidelity Flex Mid Cap Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FLAPX.
Explore FLAPX Diversifiers