Fidelity Emerging Markets Index Fund

Fidelity Salem Street Trust · 1 share class

Emerging-markets equity index fund
One fund, 1 share class:FPADX
$14.44B NAV
1,277 positions · as of 2026-04-30 · filed 2026-06-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

Fidelity Emerging Markets Index Fund is an emerging-markets equity index fund.

Asset class
Equity
Region
Emerging markets
Management
Index (passive)
Fund type
Open-end fund

Fund profile

As filed in the prospectus · 2026 Q2

Fidelity Emerging Markets Index Fund seeks to provide investment results that correspond to the total return of emerging stock markets.

Strategy · summarised

The fund tracks an emerging markets stock index to replicate its total return. Because the index itself may be non-diversified due to the relative market weights of its constituents, the fund's holdings may be concentrated in a small number of issuers.

Expenses
0.08%one share class
Share classExpense ratioAs of
FPADX0.08%2025 Q4

Portfolio turnover 4.00% · as of 2025 Q4

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

101.02%
of net assets
Stocks98.43%
Cash & short-term2.36%
Derivatives0.17%
Bonds0.06%

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 51 new43 exited

Largest new: ICE FUTURES US, HON PRECISION INC, YANGTZE OPTICAL FIBRE AND CABLE JOINT STOCK LTD CO, HYUNDAI ENGINEERING and CONSTRUCTION CO LTD, UST BILLS, SENSETIME GROUP INC, AIR ARABIA PJSC, ADITYA BIRLA CAPITAL LTD

Largest exited: ICE FUTURES US, UST BILLS, COWAY CO LTD, DONGFENG MOTOR GROUP CO LTD, ECLAT TEXTILE CO LTD, NIEN MADE ENTERPRISE CO LTD, DOOSAN BOBCAT INC, TWO POINT ZERO GROUP PJSC

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+49.41%
3-year
+76.22%
5-year
+35.08%
Volatility
19.21%
Worst 3-yr fall
-12.16%
Cumulative return· May 2023 – Apr 2026

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30

Avg coupon
0.00%
Avg maturity
0.04 yr
Coupon type

Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.

0%
floating
Fixed rate100.0%
Maturity ladder

Share of the fund's debt value in each maturity band, shortest first.

<1y
<1y100.0%
Flagged holdings
Defaulted: none reported
In arrears: none reported
Paid in kind: none reported

Based on what filers reported; a filer that never reported a flag also reads as none.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
TAIWAN SEMICONDUCTOR MFG CO LTD14.23%$2.06B
SAMSUNG ELECTRONICS CO LTD5.95%$859.71M
SK HYNIX INC4.07%$587.02M
TENCENT HLDGS LTD3.22%$464.60M
ALIBABA GROUP HOLDING LTD2.35%$339.36M
Fidelity Revere Street Trust1.69%$244.59M
DELTA ELECTRONICS INC1.14%$164.15M
MEDIATEK INC1.06%$152.86M
CHINA CONSTRUCTION BANK CORP0.90%$130.03M
HDFC BANK LTD0.77%$111.55M
Showing 10 of 1,277Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.

Top 10 positions are 35.38% of net assets, top 25 43.62%, across 1.2K issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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