Fidelity ZERO Large Cap Index Fund (FNILX)
Fidelity ZERO Large Cap Index Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $27.77, up 0.29% on the session, giving a market capitalisation of $19.28B. On trailing twelve-month figures it carries a trailing P/E of 18.67, a net margin of 1.1%. Its beta of 1.01 implies it has historically moved more than the broad market.
The fund principally commits a minimum of 80% of its total capital to the equities of substantial companies. These holdings are specifically selected to replicate the performance of the Fidelity U.S. Large Cap Index, a benchmark whose constituents are weighted based on their float-adjusted market capitalization. This index aims to track the returns generated by leading U.S. company stocks. For the purposes of this fund, large-capitalization stocks refer to the shares of the 500 largest corporations in the United States, as determined by their float-adjusted market capitalization.
Fidelity ZERO Large Cap Index Fund is most often compared with the following Financial Services names: