9 Best International Index Funds to Invest In

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1. Fidelity ZERO International Index Fund (NASDAQ:FZILX)

5-Year Total Return: 11.08%

Expense Ratio: 0.00%

Fidelity ZERO International Index Fund (NASDAQ:FZILX) is one of the best international index funds to invest in as it seeks to provide investment results that align with the total return of foreign developed and emerging stock markets. The index performance reflects the performance of non-US large and mid-cap stocks while leveraging statistical sampling techniques based on market capitalization, industry exposures, dividend yield, and earnings growth.

Most of the fund’s holdings are in the Eurozone, accounting for 20.27% of the total portfolio, with Japan stocks accounting for 16.56% and Emerging Asia at 11.96%. With financial services Industrials and technology stocks accounting for the biggest share of holdings, the fund offers exposure to Taiwan Semiconductor Manufacturing Co Ltd, Tencent Holdings Ltd, and ASML Holding NV. The fund has no expense ratio and boasts of a five-year average return of 11.08%.

While we acknowledge the potential of Fidelity ZERO International Index Fund (NASDAQ:FZILX) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than FZILX but that trades at less than 5 times its earnings check out our report about this cheapest AI stock.

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