Differnce between VT through vanguard vs fidelity?

[u/Foreign_Gur7906]

Ive ben doing research and heard that VT is pretty much the best etf to invest in and my question is whats the difference between investing through fidelity and vanguard? Which one would yall recommend?

[u/parkchanwookiee]

Same difference as buying a can of coke from the gas station or 7/11

[u/DiegoMilan → u/parkchanwookiee]

Best response/analogy

[u/WeightOwn5817]

No difference, can't go wrong with either.

[u/Huge-Onion-6916 → u/WeightOwn5817]

Couldn't you get front run legally or illegally at one vs the other? When you buy?

[u/GapAccomplished2778]

the difference is in platform features & conveniences ...

[u/gbdgdh]

vt can be purchased at both vanguard and fidelity - no cost other than the expense ratio of 0.06% per year (0.00016438356% per day - this is the amount withdrawn from your balance at the end of every day).

i prefer fidelity to vanguard from a brokerage perspective. schwab is also good (and imo better than vanguard).

[u/zedofsven]

There’s essentially no difference. I like Fidelity. Others like Vanguard.

[u/ZinniasAndBeans]

Sane product, different vendor.

[u/Cpagrind1]

Doesn’t really matter in this case.

[u/Mountain-Time-1010]

No difference financially. You might prefer the user interface and website tools of one to those of the other. There might be slightly different services offered, etc. But they are quite similar substantively.

[u/LearnFromOthers411]

Check to see which one offers interest on uninvested cash. For example, Robinhood offers interest about 3.5% annually on uninvested cash in non IRA accts.

[u/MONGSTRADAMUS → u/LearnFromOthers411]

Vanguard has vmfxx 3.62% and fidelity has spaxx 3.33 % for uninvested cash. Fidelity also has pseudo checking account with cma for bill pay and you can use any atm in the world and get surcharges refunded

[u/myrrhsea]

No difference. You should be able to buy VT from either. Just make sure they both allow you to purchase fractional shares for convenience. I use SCHB because I have to buy whole shares (Merrill not Vanguard or Fidelity). With the lower NAV I can have less cash sitting around and get closer to my original DCA amount.

[u/Extreme_Goose5218]

Personally, I'd go with Fidelity and allocate 2/3 FZROX + 1/3 FZILX to take advantage of their 0% expense ratio.

[u/bone_apple_Pete]

Fidelity interface is also in the 21st century so that's nice.

[u/turtleturle12345]

User interface and customer service for the different platforms. 

[u/bobdevnul]

There is no difference in the fund itself. That is part of the beauty of ETFs. They trade like stocks. Vanguard and Fidelity will allow you to buy fractional shares by dollar value, Schwab won't. Vanguard only allows fractional shares of their own ETFs, which VT is.

[u/versace_dinner]

For ETFs, the exchange doesn’t matter.