If you’re a Fidelity investor, you might be wondering if there’s a mutual fund equivalent to Vanguard Total International Stock Index Fund (VTIAX).
The answer is yes; the fund is called Fidelity Zero International Index Fund (FZILX). It’s identical to VTIAX because it has the same investment objective and virtually identical holdings.
However, FZILX has one important difference: it doesn’t charge fees. If you want to invest in international stocks without extra costs, this is the option for you!
VTIAX: Vanguard Total International Stock Index Fund
VTIAX is a fund that holds stocks from around the world. It’s one of Vanguard’s total international stock market index funds and has an expense ratio of 0.11%.
The minimum investment required to get started with VTIAX is $3,000.
Vanguard Total International Stock Index Fund (VTIAX) invests in stocks from different countries, including both developed and emerging markets like Japan and Ireland or Brazil and South Africa.
What Is the Fidelity Equivalent of VTIAX?
The Fidelity equivalent of VTIAX is the Fidelity Zero International Index Fund (FZILX).
This fund is a passive fund, meaning it doesn’t try to beat the market, but rather tracks an index. The Fidelity Global ex U.S. Index includes stocks from developed markets around the world except for the U.S., making it very similar in composition and investment objective to Vanguard’s Total International Stock Index Fund (VTIAX).
VTIAX vs. FZILX: Which Is Better?
If you’re looking for an easy way to invest in international stocks, then FZILX might be the better option.
- FZILX has an expense ratio of zero, which means you don’t have to pay any fees to Fidelity.
- The minimum investment requirement for Fidelity Zero International Index Fund is also $0.
I hope this article has given you a better understanding of the Fidelity Zero International Index Fund, which is the Fidelity equivalent to VTIAX.
|Funds||Vanguard Total International Stock Index Fund||Fidelity ZERO International Index Fund|
|Price||27.61 (NAV)||9.76 (NAV)|
|3-year total return||+3.28%||+2.90%|
|3-year standard deviation||17.98%||17.82%|
|Min. initial investment||3,000.00 USD||0.00 USD|
|Net expense ratio||0.11%||0.00%|
|Total net assets||64.49bn USD||2.79bn USD|
|Morningstar category||Foreign Large Blend||Foreign Large Blend|