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Morningstar

Fidelity Extended Market Index FSMAX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 82.61  /  +0.08 %
  • Total Assets 36.6 Bil
  • Adj. Expense Ratio
    0.035%
  • Expense Ratio 0.035%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Mid-Cap Blend
  • Investment Style Small Blend
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 1.06%
  • Turnover 9%

USD | NAV as of May 17, 2024 | 1-Day Return as of May 17, 2024, 10:12 PM GMT+0

Morningstar’s Analysis FSMAX

Will FSMAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FSMAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FSMAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FSMAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A complement to the S&P 500.

Associate Analyst Mo'ath Almahasneh

Mo'ath Almahasneh

Associate Analyst

Summary

Fidelity Extended Market Index effectively combines a broadly diversified low turnover portfolio with a minuscule price, providing it with a durable edge over its category peers.

by Mo'ath Almahasneh
Rated on Published on

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Portfolio Holdings FSMAX

More FSMAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 7.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CrowdStrike Holdings Inc Class A

1.05 420.2 Mil
Technology

KKR & Co Inc Ordinary Shares

0.96 384.2 Mil
Financial Services

Marvell Technology Inc

0.88 352.6 Mil
Technology

Workday Inc Class A

0.82 328.1 Mil
Technology

Snowflake Inc Ordinary Shares - Class A

0.77 306.3 Mil
Technology

Apollo Global Management Inc Class A

0.71 282.9 Mil
Financial Services

Block Inc Class A

0.68 269.6 Mil
Technology

Coinbase Global Inc Ordinary Shares - Class A

0.65 260.9 Mil
Financial Services

Ferguson PLC

0.64 256.2 Mil
Industrials

Palantir Technologies Inc Ordinary Shares - Class A

0.64 255.0 Mil
Technology