Fidelity Flex Small Cap Index Fund (FLXSX) belongs to the Small 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 FLXSX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FLXSX
FLXSX charges 0.00% annually. No mutual funds in the Small 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 Small Cap Index Fund | 0.03% | — | Sep 2011 | FLXSX vs FSSNX | |
| Vanguard Small-Cap Index Fund Institutional Plus S... | 0.03% | — | Dec 2010 | FLXSX vs VSCPX | |
| Vanguard Small-Cap Index Fund Institutional Shares | 0.03% | 182.70B | Jul 1997 | FLXSX vs VSCIX | |
| Schwab Small-Cap Index Fund-Select Shares | 0.04% | 7.67B | May 1997 | FLXSX vs SWSSX | |
| Vanguard Small-Cap Index Fund Admiral Shares | 0.05% | 182.70B | Nov 2000 | FLXSX vs VSMAX |
Best Risk-Adjusted Alternatives to FLXSX
FLXSX has a PortfoliosLab risk / return rank of 67. There are 86 mutual funds in the Small Cap Blend Equities category with higher risk-adjusted ranks, going as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| TETON Westwood SmallCap Equity Fund | 93 | — | Apr 1997 | FLXSX vs WESCX | |
| Keeley Small Cap Fund Class Institutional | 93 | — | Apr 1997 | FLXSX vs WWSIX | |
| Glenmede Quantitative U.S. Small Cap Equity Portfo... | 92 | — | Nov 2017 | FLXSX vs GQSCX | |
| River Oak Discovery Fund | 91 | — | Jun 2005 | FLXSX vs RIVSX | |
| MainStay WMC Small Companies Fund | 90 | — | Jan 1987 | FLXSX vs MOPIX |
Top Performing FLXSX Alternatives (YTD)
FLXSX is at 20.73% YTD. There are 67 mutual funds in the Small Cap Blend Equities category with higher YTD returns, going as high as 39.59%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Paradigm Micro-cap Fund | 39.59% | — | Dec 2007 | FLXSX vs PVIVX | |
| Royce Micro Cap Series Fund | 39.28% | — | Dec 1991 | FLXSX vs RYOTX | |
| River Oak Discovery Fund | 31.64% | — | Jun 2005 | FLXSX vs RIVSX | |
| Keeley Small Cap Fund Class Institutional | 31.01% | — | Apr 1997 | FLXSX vs WWSIX | |
| TETON Westwood SmallCap Equity Fund | 30.82% | — | Apr 1997 | FLXSX vs WESCX |
Lowest Volatility Alternatives to FLXSX
FLXSX has 19.97% 1-year volatility. There are 149 mutual funds in the Small Cap Blend Equities category with lower 1-year volatility, going as low as 13.92%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Hennessy Cornerstone Growth Fund | 13.92% | — | Nov 1996 | FLXSX vs HFCGX | |
| DFA International Small Company Portfolio | 14.34% | 15.72B | Sep 1996 | FLXSX vs DFISX | |
| Copeland SMID Cap Dividend Growth Fund | 14.58% | — | Feb 2017 | FLXSX vs CSMDX | |
| DWS Small Cap Core Fund | 15.01% | — | Jul 2000 | FLXSX vs SSLCX | |
| Boston Trust Small Cap Fund | 15.11% | — | — | FLXSX vs BOSOX |
Lowest Drawdown Alternatives to FLXSX
FLXSX has a 1-year max drawdown of -12.25%. There are 146 mutual funds in the Small Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -7.63%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Voya Index Plus SmallCap Portfolio | -7.63% | — | Dec 1997 | FLXSX vs IPSIX | |
| Hennessy Cornerstone Growth Fund | -7.82% | — | Nov 1996 | FLXSX vs HFCGX | |
| Vanguard Strategic Small-Cap Equity Fund | -8.08% | 2.90B | Apr 2006 | FLXSX vs VSTCX | |
| DFA U.S. Micro Cap Portfolio | -8.17% | 7.82B | Dec 1981 | FLXSX vs DFSCX | |
| Sit Small Cap Dividend Growth Fund | -8.22% | — | Mar 2015 | FLXSX vs SSCDX |
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 | 69 | 11.32% | — | Feb 1988 | FLXSX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 89 | 62.20% | — | Jul 1985 | FLXSX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 69 | 11.80% | — | — | FLXSX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 68 | 11.80% | — | — | FLXSX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 17 | 4.74% | — | — | FLXSX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 56 | 16.03% | — | Dec 1987 | FLXSX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 38 | 10.69% | 176.32B | May 1967 | FLXSX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 65 | 11.11% | — | — | FLXSX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 45 | 10.82% | — | Nov 1997 | FLXSX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 60 | 13.34% | — | Jun 2016 | FLXSX vs FTIHX |
Often Compared With FLXSX
Investors most often compare FLXSX with FLAPX, IWM, FDFIX. These 19 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare FLXSX with Any Fund or Stock
Compare FLXSX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FLXSX with funds that move differently
Fidelity Flex Small Cap Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FLXSX.
Explore FLXSX Diversifiers