Skip to Content
Morningstar

Fidelity Extended Market Index FSMAX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Fidelity Investment Hub

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

Unlock our full analysis with Morningstar Investor