Fidelity ZERO Extended Market Index Fund (FZIPX) 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 FZIPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FZIPX
FZIPX 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 | FZIPX vs FSMDX | |
| Vanguard Mid-Cap Index Fund Institutional Plus Sha... | 0.03% | 213.90B | Dec 2010 | FZIPX vs VMCPX | |
| Schwab U.S. Mid-Cap Index Fund | 0.04% | 2.70B | Dec 2017 | FZIPX vs SWMCX | |
| Vanguard Extended Market Index Fund Institutional ... | 0.04% | 89.90B | Jan 2011 | FZIPX vs VEMPX | |
| Vanguard Mid-Cap Index Fund Institutional Shares | 0.04% | 213.90B | May 1998 | FZIPX vs VMCIX |
Best Risk-Adjusted Alternatives to FZIPX
FZIPX has a PortfoliosLab risk / return rank of 57. There are 18 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 | FZIPX vs PFSLX | |
| Gotham Enhanced Return Fund | 84 | — | May 2013 | FZIPX vs GENIX | |
| The Texas Fund | 80 | — | Sep 2013 | FZIPX vs BIGTX | |
| Vanguard Strategic Equity Fund | 73 | 11.20B | Aug 1995 | FZIPX vs VSEQX | |
| Destinations Small-Mid Cap Equity Fund | 73 | — | Mar 2017 | FZIPX vs DSMFX |
Top Performing FZIPX Alternatives (YTD)
FZIPX is at 15.53% YTD. There are 29 mutual funds in the Mid Cap Blend Equities category with higher YTD returns, going as high as 35.49%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Paradigm Select Fund | 35.49% | — | Jan 2005 | FZIPX vs PFSLX | |
| Fidelity SAI Small-Mid Cap 500 Index Fund | 31.03% | — | Aug 2015 | FZIPX vs FZFLX | |
| 13D Activist Fund | 28.28% | — | Dec 2011 | FZIPX vs DDDIX | |
| Hodges Fund | 27.04% | — | Oct 1992 | FZIPX vs HDPMX | |
| The Texas Fund | 24.51% | — | Sep 2013 | FZIPX vs BIGTX |
Lowest Volatility Alternatives to FZIPX
FZIPX has 17.13% 1-year volatility. There are 91 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 | FZIPX vs ATGAX | |
| Gabelli Focused Growth and Income Fund | 9.66% | — | Dec 2002 | FZIPX vs GWSAX | |
| Timothy Plan Large/Mid Cap Value Fund | 11.48% | — | Jul 1999 | FZIPX vs TLVAX | |
| Quantified Common Ground Fund | 11.67% | — | Dec 2019 | FZIPX vs QCGDX | |
| Boston Trust Midcap Fund | 11.82% | — | — | FZIPX vs BTMFX |
Lowest Drawdown Alternatives to FZIPX
FZIPX has a 1-year max drawdown of -9.61%. There are 67 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 | FZIPX vs QCGDX | |
| FullerThaler Behavioral Mid-Cap Equity Fund Instit... | -6.33% | — | Oct 2023 | FZIPX vs FTHMX | |
| Gotham Enhanced Return Fund | -6.44% | — | May 2013 | FZIPX vs GENIX | |
| Gabelli Focused Growth and Income Fund | -6.54% | — | Dec 2002 | FZIPX vs GWSAX | |
| Fuller & Thaler Behavioral Small-Mid Core Equity F... | -6.80% | — | Dec 2018 | FZIPX 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 | FZIPX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 97 | 74.49% | — | Jul 1985 | FZIPX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 72 | 11.76% | — | — | FZIPX vs FZROX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 33 | 9.01% | — | — | FZIPX vs FSPGX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 71 | 11.81% | — | — | FZIPX vs FSKAX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 75 | 17.66% | — | Dec 1987 | FZIPX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 39 | 8.01% | 176.32B | May 1967 | FZIPX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 71 | 11.27% | — | — | FZIPX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 27 | 9.06% | — | Nov 1997 | FZIPX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 59 | 14.72% | — | Jun 2016 | FZIPX vs FTIHX |
Often Compared With FZIPX
Investors most often compare FZIPX with VXF, FZILX, VB. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare FZIPX with Any Fund or Stock
Compare FZIPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FZIPX with funds that move differently
Fidelity ZERO Extended Market Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FZIPX.
Explore FZIPX Diversifiers