Rick Ferri, CFA on picking index funds
Bogleheads® Live
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The Fidelity Zero Fund Outperformed the Vanguard Total Stock Market Fund in 2021
The Fidelity Zero fund follows a different index. They follow a broad market index, which only digs down to the top 2,500 stocks. So therefore, in a year when large cap stocks outperformed small cap and mid cap, that index would have outperformed a crisp index or an S&P Total Stock Market Index. That's exactly what happened.
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