How to Money · Monday, July 13, 2026
Regarding Fidelity accounts, hosts Joel and Matt highlighted the Fidelity Zero Total Stock Market Fund (FZROX) as a great option for younger investors due to its zero expense ratio. They contrasted this with Fidelity's higher fees on target-date funds compared to competitors like Schwab and Vanguard, noting that high fees can significantly impact long-term returns.
“And I want to call out specifically the Fidelity zero Total Stock Market Fund that it's a f Z ROCKS. But this is a great choice at ROCKS for younger investors who are in the wealth building phase of their life.”
“And the reason is because it literally comes with a zero expense ratio. It's completely free, and those expenses really do add up. They eat into your returns over the years, and most investors, they just don't realize how much of a negative impact that those fees are going to have on that retirement nest egg.”
“But Fidelity hasn't followed suits. So while they're great when it comes to the SMP fund and the total Star Market fund that they have really low expens ort siows on, they're not so great at the target date funds. We're talking point seven percent, So that's that's too high in our opinion, and it's ten x what Vanguard and Shraub are charging.”