Immutable verification record
Fidelity ZERO Total Market Index Fund
Run 8bf57e6c-dccd-4c34-8f11-afc1203e3ddd · portfolio period 2026-04-30 · captured 2026-07-26T16:38:26.519Z
This is the permanent record of what our July 26, 2026 data run computed for Fidelity ZERO Total Market Index Fund, and the exact SEC documents every number came from — it exists so anyone can check us.
Current interpretation · methodology 1.5
How to read this prior-run record now
94.1% of this portfolio matches the total US market, which costs $10 a year per $100,000 to own outright. This fund charges $0 a year.
This interpretation is computed under the current methodology and is not inserted into the immutable record below.Cite these figures
Each snippet includes the figure’s source-event date and immutable verification URL.
Best-fit active share
Sensible Investor, “Fidelity ZERO Total Market Index Fund — best-fit active share,” 5.9% versus the total US market, fund portfolio as of 2026-04-30; measured against the filed holdings of Vanguard Total Stock Market ETF (VTI), as of 2026-03-31. https://sensible-investor.com/registry/fzrox/as-of/8bf57e6c-dccd-4c34-8f11-afc1203e3ddd
FZROX filed expense ratio
Sensible Investor, “Fidelity ZERO Total Market Index Fund — filed expense ratio,” 0.00% for FZROX, as of 2025-12-31. https://sensible-investor.com/registry/fzrox/as-of/8bf57e6c-dccd-4c34-8f11-afc1203e3ddd
FZROX fee per active unit
Sensible Investor, “Fidelity ZERO Total Market Index Fund — fee per unit of active management,” 0.00% using the FZROX expense ratio as of 2025-12-31 and fund portfolio as of 2026-04-30. https://sensible-investor.com/registry/fzrox/as-of/8bf57e6c-dccd-4c34-8f11-afc1203e3ddd
Active share by comparison index
| Index | Active share | Holdings evidence | Identifier match |
|---|---|---|---|
| the total US market | 5.9% | measured against the filed holdings of Vanguard Total Stock Market ETF (VTI), as of 2026-03-31 | 99.6% |
| the Russell 1000 index | 8.8% | measured against the filed holdings of iShares Russell 1000 ETF (IWB), as of 2026-03-31 | 94.7% |
| the S&P 500 | 13.2% | measured against the filed holdings of iShares Core S&P 500 ETF (IVV), as of 2026-03-31 | 88.6% |
| the Russell 1000 Growth index | 45.0% | measured against the filed holdings of iShares Russell 1000 Growth ETF (IWF), as of 2026-03-31 | 62.4% |
| the Russell 1000 Value index | 47.2% | measured against the filed holdings of iShares Russell 1000 Value ETF (IWD), as of 2026-03-31 | 60.3% |
| the S&P MidCap 400 | 95.1% | measured against the filed holdings of iShares Core S&P Mid-Cap ETF (IJH), as of 2026-03-31 | 4.9% |
| the Russell 2000 index | 95.4% | measured against the filed holdings of iShares Russell 2000 ETF (IWM), as of 2026-03-31 | 4.6% |
| the S&P SmallCap 600 | 97.6% | measured against the filed holdings of iShares Core S&P Small-Cap ETF (IJR), as of 2026-03-31 | 2.4% |
Filed expense ratios by share class
| Share class | Expense ratio | Filing period | SEC document |
|---|---|---|---|
| FZROX (Fidelity ZERO Total Market Index Fund) | 0.00% | 2025-12-31 | Open SEC expense filing |
Match rates
| Fund identifier match | 99.6% |
|---|---|
| the total US market | 99.6% |
| the Russell 1000 index | 94.7% |
| the S&P 500 | 88.6% |
| the Russell 1000 Growth index | 62.4% |
| the Russell 1000 Value index | 60.3% |
| the S&P MidCap 400 | 4.9% |
| the Russell 2000 index | 4.6% |
| the S&P SmallCap 600 | 2.4% |
Fee-drag windows
No licensed return windows are stored in this immutable record. Nothing has been padded or extrapolated.
Check it yourself
- Open the fund’s linked SEC holdings filing and, for fees, the linked SEC expense filing in the table above.
- Find each security identifier and portfolio weight in the holdings filing, and the net annual operating expense for the relevant share class in its expense filing.
- Recalculate the comparison using the active-share formula and portfolio rules.
Raw record (JSON)
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