Strategic Advisers Fidelity U.S. Total Stock Fund
Actively managed U.S. stock fund
Strategic Advisers Fidelity U.S. Total Stock Fund seeks capital appreciation.
The fund allocates assets among underlying Fidelity funds and sub-advisers using proprietary fundamental and quantitative research, with day-to-day management delegated to one or more sub-advisers or implemented indirectly through other funds that invest in U.S. common stocks and equity securities. The fund normally holds at least 80% of assets in U.S. common stocks, depositary receipts, U.S. common stock funds, and derivatives providing exposure to these investments. Because the fund invests through underlying funds rather than holding securities directly, its returns depend on the performance of those underlying funds and the sub-advisers selected to manage them.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
Fidelity Mt. Vernon Street Trust | 10.54% | $26.40B | 449.7M | $58.71 |
FUQIXFidelity Salem Street Trust | 10.34% | $25.90B | 1.0B | $25.45 |
FSUVXFidelity Salem Street Trust | 5.25% | $13.15B | 543.3M | $24.21 |
FMASXFidelity Magellan Fund | 3.81% | $9.55B | 609.0M | $15.68 |
FBCKXFidelity Securities Fund | 3.59% | $9.00B | 28.9M | $311.32 |
NVDANVIDIA CORP | 3.30% | $8.28B | 39.2M | $211.14 |
FSWCXFidelity Salem Street Trust | 3.00% | $7.51B | 486.0M | $15.45 |
AAPLAPPLE INC | 2.23% | $5.58B | 17.9M | $312.06 |
AMZNAMAZON.COM INC | 1.96% | $4.91B | 18.1M | $270.64 |
MSFTMICROSOFT CORP | 1.90% | $4.77B | 10.6M | $450.24 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.
The 200 largest of 1,988 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 97.85% |
| Cash & short-term | 2.21% |
| Bonds | 0.73% |
| Securitized | 0.18% |
| Derivatives | 0.08% |
Look-through blends 11 underlying funds; 12.036% of NAV was not looked through and stays direct-classified.
By sector
- Other
- 42.8%
- Information Technology
- 15.0%
- Financials
- 7.2%
- Industrials
- 6.3%
- 12 other sectors
- 28.7%
- Other
- 42.8%
- Information Technology
- 15.0%
- Financials
- 7.2%
- Industrials
- 6.3%
- Communication Services
- 5.0%
- Health Care
- 4.9%
- Consumer Discretionary
- 4.7%
- International
- 3.7%
- Consumer Staples
- 2.7%
- Energy
- 2.2%
- Cash
- 1.8%
- Materials
- 1.3%
- Utilities
- 1.0%
- Real Estate
- 1.0%
- Government
- 0.3%
- Securitized
- 0.2%
How it has done
FCTDX share class · total returns with dividends reinvested
Volatility over the last 12 months: 13.38%. Past returns are a record, not a forecast.
May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Fees & fund details
Strategic Advisers Fidelity U.S. Total Stock Fund is an actively managed U.S. equity fund.
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Fund of funds
- Expense ratio, by class
- 0.28%· FCTDX 0.28%
- Portfolio turnover
- 33.00% a year · as of 2025 Q3
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
193 new· the largest 8
268 exited· the largest 8
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-05-31
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 68.0% |
| Floating rate | 32.0% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 29.5% |
| 1-3y | 51.3% |
| 3-5y | 8.1% |
| 5-10y | 5.0% |
| 10y+ | 6.2% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Understand how this fund fits with the rest.
Explore shared holdings, compare funds and follow their businesses with your connected AI:
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