I have used both Vanguard and Fidelity and enjoy the convenience of having a local Fidelity office for a variety of reasons.
FUSEX the Fidelity fund index fund has an exp ratio of .09
VFINX the Vanguard equivalent has an expense ratio of .16
Fidelity offers many more managed funds and options, but if you only compare the passively managed accounts the fees are very similar.
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