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Morningstar

Fidelity SAI US Momentum Index FUMIX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 16.13  /  +1.07 %
  • Total Assets 612.0 Mil
  • Adj. Expense Ratio
    0.110%
  • Expense Ratio 0.110%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Large Growth
  • Investment Style Large Growth
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 0.61%
  • Turnover 85%

USD | NAV as of May 24, 2024 | 1-Day Return as of May 24, 2024, 10:12 PM GMT+0

Morningstar’s Analysis FUMIX

Will FUMIX 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 FUMIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FUMIX 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 FUMIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

An incline in its Process Pillar rating is the primary driver of Fidelity SAI US Momentum Index's upgrade to a Morningstar Medalist Rating of Gold from Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FUMIX

More FUMIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 38.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NVIDIA Corp

5.87 30.2 Mil
Technology

Broadcom Inc

5.02 25.8 Mil
Technology

Microsoft Corp

4.92 25.3 Mil
Technology

Meta Platforms Inc Class A

4.84 24.9 Mil
Communication Services

Eli Lilly and Co

4.70 24.1 Mil
Healthcare

Amazon.com Inc

4.35 22.3 Mil
Consumer Cyclical

Alphabet Inc Class A

2.47 12.7 Mil
Communication Services

Adobe Inc

2.32 11.9 Mil
Technology

Alphabet Inc Class C

2.22 11.4 Mil
Communication Services

GE Aerospace

2.08 10.7 Mil
Industrials