Fidelity New Millennium Fund (FMILX) Alternatives
Fidelity New Millennium Fund (FMILX) belongs to the Large Cap Value Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FMILX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to FMILX
FMILX charges 0.59% annually. Among mutual funds in the Large Cap Value Equities category, these options have the lowest expense ratios among FMILX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Fidelity Series Stock Selector Large Cap Value Fun... | 0.01% | Dec 6, 2012 | FMILX vs FBLEX | |
| Fidelity Large Cap Value Index Fund | 0.04% | Jun 7, 2016 | FMILX vs FLCOX | |
| Schwab U.S. Large-Cap Value Index Fund | 0.04% | Dec 20, 2017 | FMILX vs SWLVX | |
| Vanguard Value Index Fund Institutional Shares | 0.04% | Jul 2, 1998 | FMILX vs VIVIX | |
| TIAA-CREF Large-Cap Value Index Fund | 0.05% | Oct 1, 2002 | FMILX vs TILVX |
Best Risk-Adjusted Alternatives to FMILX
Among mutual funds in the Large Cap Value Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Vanguard International High Dividend Yield Index F... | 92 | Mar 2, 2016 | FMILX vs VIHAX | |
| Delaware Growth and Income Fund | 88 | Oct 4, 1993 | FMILX vs FGINX | |
| Towpath Focus Fund | 87 | Dec 31, 2019 | FMILX vs TOWFX | |
| Neiman Large Cap Value Fund | 86 | Apr 1, 2003 | FMILX vs NEIMX | |
| Al Frank Fund | 85 | May 1, 2006 | FMILX vs VALAX |
Top Performing FMILX Alternatives (YTD)
FMILX alternatives from the Large Cap Value Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Ave Maria Value Focused Fund | 18.00% | Jan 1, 1984 | FMILX vs AVERX | |
| Voya Corporate Leaders Trust Fund | 15.27% | Nov 18, 1935 | FMILX vs LEXCX | |
| GQG Partners US Quality Dividend Income Fund | 11.95% | Jun 29, 2021 | FMILX vs GQHPX | |
| AMG Yacktman Focused Fund | 8.59% | May 1, 1997 | FMILX vs YAFFX | |
| Hennessy Cornerstone Value Fund | 8.31% | Nov 1, 1996 | FMILX vs HFCVX |
Lowest Volatility Alternatives to FMILX
FMILX alternatives from the Large Cap Value Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Advisors Capital Tactical Fixed Income Fund | 4.68% | Feb 1, 2021 | FMILX vs ACTIX | |
| The Income Fund of America Class R-1 | 9.48% | Dec 1, 1973 | FMILX vs RIDAX | |
| Rational Equity Armor Fund | 11.05% | Feb 28, 2001 | FMILX vs HDCTX | |
| American Century Equity Income Fund | 11.59% | Aug 1, 1994 | FMILX vs TWEIX | |
| American Century Equity Income Fund Class I | 11.61% | Jul 8, 1998 | FMILX vs ACIIX |
Lowest Drawdown Alternatives to FMILX
FMILX alternatives from the Large Cap Value Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Advisors Capital Tactical Fixed Income Fund | -3.07% | Feb 1, 2021 | FMILX vs ACTIX | |
| Rational Equity Armor Fund | -6.95% | Feb 28, 2001 | FMILX vs HDCTX | |
| Auxier Focus Fund | -8.19% | Jul 9, 1999 | FMILX vs AUXFX | |
| The Income Fund of America Class R-1 | -8.25% | Dec 1, 1973 | FMILX vs RIDAX | |
| 1789 Growth and Income Fund | -8.36% | Jan 21, 2011 | FMILX vs PSECX |
Other Mutual Funds from Fidelity
Most popular Fidelity mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | S&P 500 | 46 | -7.05% | Feb 17, 1988 | FMILX vs FXAIX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 46 | -6.77% | — | FMILX vs FZROX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 28 | -13.03% | — | FMILX vs FSPGX | |
| Fidelity Select Semiconductors Portfolio | Technology Equities | 94 | 0.00% | Jul 29, 1985 | FMILX vs FSELX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 45 | -6.77% | — | FMILX vs FSKAX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 54 | -11.15% | Dec 31, 1987 | FMILX vs FBGRX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 45 | -7.30% | — | FMILX vs FNILX | |
| Fidelity Contrafund Fund | Large Cap Growth Equities | 44 | -8.57% | May 17, 1967 | FMILX vs FCNTX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 64 | -1.94% | Nov 5, 1997 | FMILX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 79 | -1.15% | Jun 7, 2016 | FMILX vs FTIHX |
Often Compared With FMILX
What investors most often compare with FMILX, based on PortfoliosLab usage data.
Compare FMILX with Any Fund or Stock
Compare FMILX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.