Fidelity SAI Small-Mid Cap 500 Index Fund (FZFLX) 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 FZFLX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FZFLX
FZFLX charges 0.05% annually. There are 6 mutual funds in the Mid Cap Blend Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Mid Cap Index Fund | 0.03% | — | Sep 2011 | FZFLX vs FSMDX | |
| Vanguard Mid-Cap Index Fund Institutional Plus Sha... | 0.03% | 213.90B | Dec 2010 | FZFLX vs VMCPX | |
| Schwab U.S. Mid-Cap Index Fund | 0.04% | 2.70B | Dec 2017 | FZFLX vs SWMCX | |
| Vanguard Extended Market Index Fund Institutional ... | 0.04% | 89.90B | Jan 2011 | FZFLX vs VEMPX | |
| Vanguard Mid-Cap Index Fund Institutional Shares | 0.04% | 213.90B | May 1998 | FZFLX vs VMCIX |
Best Risk-Adjusted Alternatives to FZFLX
FZFLX has a PortfoliosLab risk / return rank of 70. There are 5 mutual funds in the Mid Cap Blend Equities category with higher risk-adjusted ranks, going as high as 89.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Paradigm Select Fund | 89 | — | Jan 2005 | FZFLX vs PFSLX | |
| Gotham Enhanced Return Fund | 84 | — | May 2013 | FZFLX vs GENIX | |
| The Texas Fund | 80 | — | Sep 2013 | FZFLX vs BIGTX | |
| Vanguard Strategic Equity Fund | 73 | 11.20B | Aug 1995 | FZFLX vs VSEQX | |
| Destinations Small-Mid Cap Equity Fund | 73 | — | Mar 2017 | FZFLX vs DSMFX |
Top Performing FZFLX Alternatives (YTD)
FZFLX is at 31.03% YTD. There is 1 mutual fund in the Mid Cap Blend Equities category with a higher YTD return, going as high as 35.49%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Paradigm Select Fund | 35.49% | — | Jan 2005 | FZFLX vs PFSLX | |
| 13D Activist Fund | 28.28% | — | Dec 2011 | FZFLX vs DDDIX | |
| Hodges Fund | 27.04% | — | Oct 1992 | FZFLX vs HDPMX | |
| The Texas Fund | 24.51% | — | Sep 2013 | FZFLX vs BIGTX | |
| Tarkio Fund | 22.10% | — | Jun 2011 | FZFLX vs TARKX |
Lowest Volatility Alternatives to FZFLX
FZFLX has 20.84% 1-year volatility. There are 121 mutual funds in the Mid Cap Blend Equities category with lower 1-year volatility, going as low as 9.31%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Aquila Opportunity Growth Fund | 9.31% | — | Jul 1994 | FZFLX vs ATGAX | |
| Gabelli Focused Growth and Income Fund | 9.66% | — | Dec 2002 | FZFLX vs GWSAX | |
| Timothy Plan Large/Mid Cap Value Fund | 11.48% | — | Jul 1999 | FZFLX vs TLVAX | |
| Quantified Common Ground Fund | 11.67% | — | Dec 2019 | FZFLX vs QCGDX | |
| Boston Trust Midcap Fund | 11.82% | — | — | FZFLX vs BTMFX |
Lowest Drawdown Alternatives to FZFLX
FZFLX has a 1-year max drawdown of -10.68%. There are 91 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 | FZFLX vs QCGDX | |
| FullerThaler Behavioral Mid-Cap Equity Fund Instit... | -6.33% | — | Oct 2023 | FZFLX vs FTHMX | |
| Gotham Enhanced Return Fund | -6.44% | — | May 2013 | FZFLX vs GENIX | |
| Gabelli Focused Growth and Income Fund | -6.54% | — | Dec 2002 | FZFLX vs GWSAX | |
| Fuller & Thaler Behavioral Small-Mid Core Equity F... | -6.80% | — | Dec 2018 | FZFLX 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 | 75 | 11.56% | — | Feb 1988 | FZFLX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 97 | 74.49% | — | Jul 1985 | FZFLX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 72 | 11.76% | — | — | FZFLX vs FZROX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 33 | 9.01% | — | — | FZFLX vs FSPGX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 71 | 11.81% | — | — | FZFLX vs FSKAX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 75 | 17.66% | — | Dec 1987 | FZFLX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 39 | 8.01% | 176.32B | May 1967 | FZFLX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 71 | 11.27% | — | — | FZFLX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 27 | 9.06% | — | Nov 1997 | FZFLX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 59 | 14.72% | — | Jun 2016 | FZFLX vs FTIHX |
Often Compared With FZFLX
Investors most often compare FZFLX with IVOO, FTHI, FLKSX. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare FZFLX with Any Fund or Stock
Compare FZFLX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FZFLX with funds that move differently
Fidelity SAI Small-Mid Cap 500 Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FZFLX.
Explore FZFLX Diversifiers