Fidelity® Extended Market Index
- FSMAX
- Price as of: Jan 14, 2021
-
$88.11
N/A N/A
- Primary Theme
- U.S. Mid-Cap Blend Equity
- Fund Company
- Fidelity Investments
- Share Class
FSMAX - Snapshot
Vitals
- YTD Return 6.6%
- 3 Yr Annualized Return 15.3%
- 5 Yr Annualized Return 16.0%
- Net Assets $31.8 B
- Holdings in Top 10 13.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.05%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 15.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Mid-Cap Blend Equity
- Fund Type Open End Mutual Fund
- Investment Style Mid-Cap Blend
FSMAX - Profile
Distributions
- YTD Total Return 6.6%
- 3 Yr Annualized Total Return 15.3%
- 5 Yr Annualized Total Return 16.0%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 1.38%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Semi-Annually
Fund Details
-
Legal NameFidelity® Extended Market Index Fund
-
Fund Family NameFidelity Investments
-
Inception DateSep 08, 2011
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerLouis Bottari
Fund Description
The fund normally invests at least 80% of assets in common stocks included in the Dow Jones U.S. Completion Total Stock Market Index, which represents the performance of stocks of mid- to small-capitalization U.S. companies. The manager uses statistical sampling techniques based on such factors as capitalization, industry exposures, dividend yield, price/earnings (P/E) ratio, price/book (P/B) ratio, and earnings growth to attempt to replicate the returns of the index using a smaller number of securities.
FSMAX - Performance
Return Ranking - Trailing
Period | FSMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.6% | -0.7% | 11.9% | 8.62% |
1 Yr | 32.2% | -8.2% | 39.0% | 3.10% |
3 Yr | 15.3%* | -0.5% | 20.8% | 5.81% |
5 Yr | 16.0%* | 2.2% | 16.3% | 1.66% |
10 Yr | 13.2%* | 4.7% | 14.1% | 5.35% |
* Annualized
Return Ranking - Calendar
Period | FSMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 28.3% | -17.7% | 2510.2% | 3.86% |
2019 | 22.5% | -19.0% | 35.6% | 53.06% |
2018 | -14.4% | -77.7% | 5.5% | 33.95% |
2017 | 11.7% | -62.4% | 21.5% | 28.65% |
2016 | 10.6% | -16.4% | 28.1% | 49.50% |
Total Return Ranking - Trailing
Period | FSMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.6% | -0.7% | 11.9% | 8.62% |
1 Yr | 32.2% | -8.2% | 39.0% | 2.88% |
3 Yr | 15.3%* | -1.7% | 20.8% | 5.82% |
5 Yr | 16.0%* | 2.2% | 16.3% | 1.67% |
10 Yr | 13.2%* | 4.7% | 14.1% | 4.70% |
* Annualized
Total Return Ranking - Calendar
Period | FSMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 28.3% | -17.7% | 2510.2% | 3.86% |
2019 | 22.5% | -19.0% | 35.6% | 53.06% |
2018 | -14.3% | -44.3% | 5.5% | 50.79% |
2017 | 18.3% | -62.4% | 24.9% | 18.13% |
2016 | 16.1% | -6.1% | 28.1% | 32.56% |
NAV & Total Return History
FSMAX - Holdings
Concentration Analysis
FSMAX | Category Low | Category High | FSMAX % Rank | |
---|---|---|---|---|
Net Assets | 31.8 B | 142 K | 133 B | 3.03% |
Number of Holdings | 3136 | 1 | 3288 | 1.63% |
Net Assets in Top 10 | 4 B | 37.1 K | 11.9 B | 3.02% |
Weighting of Top 10 | 13.49% | 2.7% | 100.0% | 67.91% |
Top 10 Holdings
- Tesla Inc 6.66%
- Tesla Inc 6.66%
- Tesla Inc 6.66%
- Tesla Inc 6.66%
- Tesla Inc 6.66%
- Tesla Inc 6.66%
- Tesla Inc 6.66%
- Tesla Inc 6.66%
- Tesla Inc 6.66%
- Tesla Inc 6.66%
Asset Allocation
Weighting | Return Low | Return High | FSMAX % Rank | |
---|---|---|---|---|
Stocks | 99.67% | 36.22% | 100.25% | 32.09% |
Cash | 0.32% | -0.25% | 48.80% | 66.05% |
Preferred Stocks | 0.00% | 0.00% | 10.03% | 90.47% |
Other | 0.00% | -4.32% | 10.09% | 89.53% |
Convertible Bonds | 0.00% | 0.00% | 1.76% | 90.00% |
Bonds | 0.00% | -0.86% | 50.41% | 89.53% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FSMAX % Rank | |
---|---|---|---|---|
Technology | 22.72% | 0.00% | 34.57% | 14.88% |
Consumer Cyclical | 16.62% | 0.00% | 37.15% | 13.95% |
Healthcare | 14.72% | 0.00% | 21.38% | 19.53% |
Financial Services | 11.22% | 1.50% | 42.44% | 73.02% |
Industrials | 10.81% | 0.00% | 50.48% | 85.58% |
Communication Services | 7.43% | 0.00% | 33.05% | 15.12% |
Real Estate | 7.42% | 0.00% | 18.92% | 48.84% |
Consumer Defense | 2.98% | 0.00% | 21.55% | 80.47% |
Basic Materials | 2.77% | 0.00% | 27.07% | 75.12% |
Utilities | 1.85% | 0.00% | 15.20% | 76.98% |
Energy | 1.45% | 0.00% | 35.53% | 63.72% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FSMAX % Rank | |
---|---|---|---|---|
US | 97.72% | 30.81% | 100.00% | 37.91% |
Non US | 1.95% | 0.00% | 33.32% | 51.16% |
FSMAX - Expenses
Operational Fees
FSMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.05% | 0.02% | 19.45% | 98.01% |
Management Fee | 0.05% | 0.00% | 1.50% | 4.91% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
FSMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.50% | N/A |
Trading Fees
FSMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | 97.62% |
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.
FSMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 15.00% | 2.00% | 453.00% | 12.62% |
FSMAX - Distributions
Dividend Yield Analysis
FSMAX | Category Low | Category High | FSMAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 1.92% | 90.93% |
Dividend Distribution Analysis
FSMAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Semi-Annually | Annually | Quarterly | Quarterly |
Net Income Ratio Analysis
FSMAX | Category Low | Category High | FSMAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.38% | -1.52% | 12.94% | 17.99% |
Capital Gain Distribution Analysis
FSMAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
Date | Amount |
---|---|
Apr 12, 2018 | $0.061 |
Apr 13, 2017 | $0.109 |
Apr 16, 2012 | $0.070 |
Dec 19, 2011 | $0.402 |
FSMAX - Fund Manager Analysis
Managers
Louis Bottari
Start Date
Tenure
Tenure Rank
Jan 15, 2009
11.97
12.0%
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
8.34
8.3%
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
6.26
6.3%
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
4.0
4.0%
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.
Payal Gupta
Start Date
Tenure
Tenure Rank
Jun 30, 2019
1.51
1.5%
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 |
---|---|---|---|
0.08 | 37.03 | 6.09 | 4.37 |