Fidelity ZERO Extended Market Index Fund
FZIPX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 245 Summer Street Boston MA United States of America 02210
- IPO Date
- Sep 28, 2018
- CIK
- 0000819118
- Website
- fundresearch.fidelity.com
- Similar Companies
- Business
- Fidelity ZERO Extended Market Index Fund (FZIPX) is an index mutual fund managed by Fidelity Investments that seeks to provide investment results corresponding to the total return of stocks of mid- to small-capitalization U.S. companies. The fund normally invests at least 80% of its assets in common stocks included in the Fidelity U.S. Extended Investable Market Index, a float-adjusted market capitalization-weighted index designed to reflect the performance of U.S. mid- and small-cap stocks; it employs a representative sampling technique to track the benchmark. Fidelity Concord Street Trust serves as the fund's legal structure, with no load fees, a 0.00% net expense ratio, and no minimum initial investment, making it accessible to retail and institutional investors seeking low-cost exposure to the extended U.S. equity market beyond large-cap stocks. Launched on September 13, 2018, the fund is domiciled in the United States and headquartered in Boston, Massachusetts, as part of Fidelity's broader ZERO index fund lineup offered through Fidelity Investments. It primarily targets U.S. investors across brokerage accounts, IRAs, and retirement plans, with a portfolio heavily weighted toward U.S. stocks (approximately 97.5%), a small non-U.S. stock allocation (2.3%), and minimal cash; top holdings as of mid-2025 include EMCOR Group Inc., Comfort Systems USA Inc., Pure Storage Inc., and Anglogold Ashanti PLC, spanning sectors like industrials, technology, and basic materials. The fund operates within the small-blend category, focusing on growth and value stocks across diversified market capitalizations outside the S&P 500. Recent performance highlights include reaching a 52-week high near $15.80 in late 2025 amid strength in small- and mid-cap U.S. stocks, with total net assets growing to approximately $2.00 billion. No major structural changes, such as new product launches, acquisitions, partnerships, funding rounds, or reorganizations, have been reported for the fund in the last 1-2 years; it continues to operate steadily under longtime managers Louis Bottari and Robert Regan, who have overseen it since inception, maintaining its zero-expense-ratio model and index-tracking strategy without significant shifts.