FNCMX: Fidelity® Nasdaq Composite Index®

Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

FNCMX Fidelity® Nasdaq Composite Index®

  • Fund
  • FNCMX
  • Price as of: Dec 12, 2019
  • $114.31
    + $0.85 + 0.75%

Profile

FNCMX - Profile

Vitals

  • YTD Return 32.8%
  • 3 Yr Annualized Return 18.7%
  • 5 Yr Annualized Return 13.7%
  • Net Assets $7.15 B
  • Holdings in Top 10 41.1%

52 WEEK LOW AND HIGH

$114.31
$81.85
$114.31

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.40%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 15.00%

TRADING FEES

  • Max Redemption Fee 0.75%

Min Investment

  • Standard (Taxable) $0
  • IRA $2,500

Fund Classification


Distributions

  • YTD Total Return 32.8%
  • 3 Yr Annualized Total Return 18.7%
  • 5 Yr Annualized Total Return 13.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.90%
DIVIDENDS
  • Dividend Yield 0.7%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Fidelity® NASDAQ Composite Index® Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Sep 25, 2003
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Louis Bottari

Fund Description

The Fidelity NASDAQ Composite Index Fund (FNCMX) provides low-cost exposure to large-cap U.S. growth equities. The fund is designed to track the NASDAQ Composite Index and is passively managed. FNCMX invests at least 80% of its net assets in the same concentrations as the index since the NASDAQ covers all the main sectors of the market. However, the NASDAQ is traditionally a tech, health care and financial index.

As an inexpensive index fund covering large-cap growth stocks, FNCMX makes an ideal core choice for investors seeking growth. The fund is managed by Fidelity Management & Research Company and Geode Capital Management.


Get Updates About FNCMX

Sign up for Advisor Access to receive email updates about FNCMX competitors, news, CE accredited webcasts and more.

Please Enter Your Email
Please Select Your Advisor Type

Categories

Fund Company Quick Screens

Performance

FNCMX - Performance

Return Ranking - Trailing

Period FNCMX Return Category Return Low Category Return High Rank in Category (%)
YTD 32.8% -68.6% 60.4% 11.31%
1 Yr 19.6% -84.3% 58.2% 22.45%
3 Yr 18.7%* -48.9% 31.7% 8.90%
5 Yr 13.7%* -34.3% 20.8% 4.12%
10 Yr 16.1%* -12.0% 17.7% 1.52%

* Annualized

Return Ranking - Calendar

Period FNCMX Return Category Return Low Category Return High Rank in Category (%)
2018 -5.0% -65.5% 13.4% 15.35%
2017 28.3% -46.3% 37.5% 8.19%
2016 7.7% -43.3% 15.3% 6.63%
2015 5.2% -38.0% 11.4% 5.85%
2014 13.1% -52.4% 105.4% 4.76%

Total Return Ranking - Trailing

Period FNCMX Return Category Return Low Category Return High Rank in Category (%)
YTD 32.8% -68.6% 60.4% 11.31%
1 Yr 19.6% -84.3% 49.1% 28.22%
3 Yr 18.7%* -48.9% 31.7% 13.53%
5 Yr 13.7%* -34.3% 20.8% 9.10%
10 Yr 16.1%* -7.6% 17.7% 1.90%

* Annualized

Total Return Ranking - Calendar

Period FNCMX Return Category Return Low Category Return High Rank in Category (%)
2018 -5.0% -65.5% 16.5% 37.52%
2017 29.2% -28.2% 51.5% 29.78%
2016 8.8% -43.3% 17.1% 9.67%
2015 5.3% -38.0% 17.3% 27.88%
2014 14.5% -52.4% 120.7% 6.93%

NAV & Total Return History


Holdings

FNCMX - Holdings

Concentration Analysis

FNCMX Category Low Category High FNCMX % Rank
Net Assets 7.15 B 1.25 M 199 B 18.25%
Number of Holdings 2081 7 2081 0.08%
Net Assets in Top 10 3.23 B 429 K 53.6 B 16.16%
Weighting of Top 10 41.09% 11.9% 100.0% 40.91%

Top 10 Holdings

  1. E-mini NASDAQ 100 Futures Dec19 13.13%
  2. Apple Inc 6.29%
  3. Microsoft Corp 6.13%
  4. Amazon.com Inc 4.88%
  5. Facebook Inc A 2.56%
  6. Alphabet Inc Class C 2.44%
  7. Alphabet Inc A 2.08%
  8. Intel Corp 1.37%
  9. Cisco Systems Inc 1.12%
  10. Comcast Corp Class A 1.09%

Asset Allocation

Weighting Return Low Return High FNCMX % Rank
Stocks
86.91% 80.50% 105.55% 99.77%
Cash
12.80% -5.55% 16.25% 0.85%
Bonds
0.29% -0.51% 3.92% 1.47%
Preferred Stocks
0.00% 0.00% 2.51% 13.15%
Other
0.00% -0.49% 3.79% 18.02%
Convertible Bonds
0.00% 0.00% 0.02% 2.09%

Stock Sector Breakdown

Weighting Return Low Return High FNCMX % Rank
Technology
32.93% 6.90% 58.59% 30.24%
Communication Services
15.45% 0.00% 28.18% 9.28%
Consumer Cyclical
11.67% 0.00% 49.54% 80.90%
Healthcare
9.44% 0.00% 46.23% 90.56%
Financial Services
6.65% 0.00% 32.66% 91.88%
Industrials
4.13% 0.00% 24.88% 90.41%
Consumer Defense
4.09% 0.00% 18.34% 57.85%
Real Estate
1.30% 0.00% 10.67% 61.33%
Utilities
0.70% -0.01% 9.70% 21.11%
Basic Materials
0.31% 0.00% 10.78% 78.42%
Energy
0.25% -0.02% 7.24% 49.65%

Stock Geographic Breakdown

Weighting Return Low Return High FNCMX % Rank
US
83.33% 80.50% 100.51% 95.75%
Non US
3.58% 0.00% 17.37% 54.99%

Bond Sector Breakdown

Weighting Return Low Return High FNCMX % Rank
Cash & Equivalents
12.80% -2.43% 47.35% 1.25%
Government
0.29% 0.00% 3.92% 0.63%
Derivative
0.00% -0.06% 0.21% 5.55%
Securitized
0.00% 0.00% 0.69% 2.81%
Corporate
0.00% 0.00% 8.26% 16.34%
Municipal
0.00% 0.00% 0.29% 2.27%

Bond Geographic Breakdown

Weighting Return Low Return High FNCMX % Rank
US
0.29% -0.51% 3.92% 1.47%
Non US
0.00% 0.00% 0.36% 2.86%

Expenses

FNCMX - Expenses

Operational Fees

FNCMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.40% 0.00% 165.48% 96.14%
Management Fee 0.24% 0.00% 1.40% 2.40%
12b-1 Fee 0.06% 0.00% 1.00% 22.90%
Administrative Fee N/A 0.00% 1.02% N/A

Sales Fees

FNCMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 25.00% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

FNCMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 0.75% 0.50% 5.00% 96.32%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FNCMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 15.00% 0.00% 536.00% 8.58%

Distributions

FNCMX - Distributions

Dividend Yield Analysis

FNCMX Category Low Category High FNCMX % Rank
Dividend Yield 0.71% 0.00% 15.28% 5.34%

Dividend Distribution Analysis

FNCMX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

FNCMX Category Low Category High FNCMX % Rank
Net Income Ratio 0.90% -7.55% 1.83% 7.41%

Capital Gain Distribution Analysis

FNCMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

FNCMX - Fund Manager Analysis

Managers

Louis Bottari


Start Date

Tenure

Tenure Rank

Jan 31, 2009

10.84

10.8%

Mr. Bottari has worked as an assistant portfolio manager, portfolio manager, and senior portfolio manager with Geode since May 2008. In addition to his portfolio management responsibilities, he is responsible for quantitative research and new product development. Prior to joining Geode, Bottari was employed by Fidelity in 1991 and served as an Assistant Portfolio Manager with Pyramis Global Advisors from 2005 to 2008.

Peter Matthew


Start Date

Tenure

Tenure Rank

Aug 31, 2012

7.25

7.3%

Since joining Geode in 2007, Mr. Matthew has worked as a senior operations associate, portfolio manager assistant, and assistant portfolio manager. Prior to joining Geode, Mr. Matthew was employed by eSecLending from 2005 to 2007 and by State Street Corporation from 2001 to 2005.

Deane Gyllenhaal


Start Date

Tenure

Tenure Rank

Sep 30, 2014

5.17

5.2%

Since joining Geode in 2014, Mr. Gyllenhaal has worked as a senior portfolio manager. Prior to joining Geode, Mr. Gyllenhaal was a senior portfolio manager at Hartford Investment Management from 2006 to 2014.

Robert Regan


Start Date

Tenure

Tenure Rank

Dec 31, 2016

2.92

2.9%

Since joining Geode in 2016, Mr. Regan has worked as a portfolio manager. Prior to joining Geode, Mr. Regan was senior implementation portfolio manager at State Street Global Advisors from 2008 to 2016.

Manav Verma


Start Date

Tenure

Tenure Rank

Mar 31, 2018

1.67

1.7%

Since joining Geode in 2018, Mr. Verma has worked as a portfolio manager. Prior to joining Geode, Mr. Verma was a portfolio manager with Northern Trust Asset Management from 2013-2017.

Payal Kapoor Gupta


Start Date

Tenure

Tenure Rank

Jun 30, 2019

0.42

0.4%

Payal Gupta joined Geode in 2019, Ms. Gupta has worked as a portfolio manager. Prior to joining Geode, Ms. Gupta worked at State Street Global Advisors from 2005 to 2019, most recently as senior portfolio manager. Before joining SSGA in 2005, she worked as an analyst at Concentra Integrated Services and at Morgan Stanley. Ms. Gupta holds an MBA with specialization in Investments and Information Systems from Northeastern University and a Bachelor of Science in Information Technology from Bay Path University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.0 51.95 7.98 0.42