Fidelity vs Vanguard Roth IRA: Which Is Better for You? | Investing

When selecting a brokerage for your fidelity vs vanguard roth ira stand out as two of the most reputable options available. Each has its unique strengths and considerations. This article aims to provide you with a detailed comparison to help you make an informed decision regarding your retirement savings.

 fidelity vs vanguard roth ira
Fidelity vs Vanguard Roth Ira: Which Is Better for You?

Fidelity vs Vanguard Roth Ira:

Here is the information presented in a table format:

BrokerageMinimum DepositStock Trading FeesETF Trading FeesMutual Fund Trading FeesRobo-AdvisorFractional SharesMobile App Rating
Fidelity$0$0$0$0.00 – $49.95YesYes4.8/5 (iOS)
Vanguard$0$0$0$0.00 – $20.00NoNo4.8/5 (iOS)

Both Fidelity and vanguard roth ira offer Roth IRA accounts with no minimum deposit requirements and no account maintenance fees. However, Fidelity has a slight edge over Vanguard in terms of lower mutual fund trading fees and account opening costs.

Additionally,fidelity roth ira offers accounts for minors, which Vanguard does not.

If you’re looking for a more hands-on approach to managing your money, Fidelity is the platform for you.

On the other hand, vanguard roth ira is a good choice for long-term investors who want to focus on ETFs and mutual funds.

Fidelity Investments Review 2023: Latest and More

Performance and Cost

Vanguard, as the pioneer of index funds, provides an impressive array of options with low expense ratios.

Fidelity offers a comparable selection, though its fees generally do not match the competitiveness of Vanguard’s. It’s worth noting that fidelity roth ira does offer some zero-cost funds for its customers.

Fund Options

Before committing to an investment firm, analyzing the available fund options is crucial. Expense ratios and other fees can vary significantly between funds.

While past performance is not a guarantee of future results, it can provide valuable insights into a fund’s volatility and performance during economic downturns.

Long-Term Performance

When evaluating funds, comparing their long-term performance, such as their five-year or 10-year annualized returns, to major market benchmarks like the S&P 500 can offer valuable insights into how well they performed in different market conditions.

Robo Advisors

For hands-off investors, robo-advisors are an excellent option. These online financial advisors use algorithms to manage your portfolio, automatically rebalancing and reinvesting dividends as needed.

Vanguard Digital Advisor

  • Minimum Investment: $3,000
  • Invests in ETFs only
  • Free for the first 90 days
  • Advisory fees up to 0.25% after the initial period

Fidelity Go

  • No minimum investment requirement
  • Invests in Fidelity Flex mutual funds
  • Low-cost option with tiered advisory fees

Fidelity Roth IRA vs Vanguard Roth IRA Fee Comparison

BrokerageStock Trading FeesETF Trading FeesMutual Fund Trading Fees
Fidelity$0$0$0.00 – $49.95
Vanguard$0$0$0.00 – $20.00
Fidelity vs vanguard roth ira fee comparison

Both Fidelity and Vanguard offer low or no transaction fees for their customers. However, Fidelity has a slight edge over Vanguard in terms of lower mutual fund trading fees.


In conclusion, choosing fidelity vs vanguard roth ira hinges on your investment goals and preferences. fidelity roth ira is an excellent choice for hands-on investors, while Vanguard Roth IRA is well-suited for long-term investors focusing on ETFs and mutual funds.


What are the advisory fees for Vanguard Digital Advisor after the initial 90 days?

After the initial 90 days, expect to pay up to 0.25% in advisory fees, which vary based on selected options.

What is the minimum investment required for Vanguard Digital Advisor?

Vanguard Digital Advisor requires a minimum investment of $3,000.

Does Fidelity Go offer 1-on-1 coaching calls for all account balances?

Yes, Fidelity Go offers unlimited 1-on-1 coaching calls for accounts with a balance of $25,000 or more.

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