Morningstar

Fidelity Extended Market Index Fund FSMAX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $113.13  /  −0.68 %
  • Fund Size $37.1B
  • Adjusted Expense Ratio 0.035%
  • Net Expense Ratio 0.040%
  • Fee Level: Distribution Low
  • Share Class Type No Load
  • Morningstar Category Mid-Cap Blend
  • Equity Style Box (Funds) Small Blend
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 0.51%
  • Turnover Ratio 23%
NAV and 1-Day Return as of

Morningstar’s Analysis FSMAX

Will FSMAX outperform in the 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.

Holds the entire stock market, minus the S&P 500.

Senior Associate Analyst Brendan McCann

Brendan McCann

Senior Associate Analyst

Summary

The Fidelity Extended Market Index is a misfit in the mid-cap blend Morningstar Category, but it pairs well with a fund that tracks the S&P 500 to replicate the entire US stock market.

by Brendan McCann
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 7.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
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Bloom Energy Corp Class A

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Natera Inc

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Strategy Inc Class A

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Revolution Medicines Inc Ordinary Shares

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Astera Labs Inc

0.48 193M
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Credo Technology Group Holding Ltd

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