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FNODX

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--%
1d
1w
1m

Analysis and statistics

  • Open
    15.5561$
  • Previous Close
    15.5561$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

FNODX.US refers to Fidelity ZERO Total Market Index Fund. This is a passively managed index fund offered by Fidelity Investments that seeks to replicate the performance of a broad market index, specifically one representing the total U.S. stock market. It aims to provide investors with diversified exposure to the entire U.S. stock market at a low cost, notably having a zero expense ratio.
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Factors

Fund Performance: Strong fund performance, especially relative to its benchmark, tends to attract more investors, driving up demand and price.

Market Interest Rates: Rising interest rates can make bond funds less attractive, as newly issued bonds offer higher yields. This can decrease demand and lower the price.

Expense Ratio: A lower expense ratio compared to similar funds makes FNODX more appealing to investors, potentially increasing demand and price.

Credit Quality: Changes in the credit quality of the underlying bonds affect the fund's risk profile. Downgrades can reduce investor confidence and lower the price.

Fund Flows: Significant inflows into FNODX can increase the fund's assets under management and price, while outflows can have the opposite effect.

Economic Conditions: Overall economic health influences interest rates, inflation, and corporate bond performance, all of which affect the value of FNODX.

Inflation Expectations: Rising inflation expectations often lead to higher interest rates, which can negatively impact bond prices and the value of FNODX.

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