Fidelity International Small Cap Fund
Actively managed developed international stock fund
As of its 2026 Q2 report, Fidelity International Small Cap Fund held 180 positions with $5.60B in net assets. Its ten largest holdings made up 11.2% of the fund. The FISMX share class costs 0.9% a year. Over the 12 months to May 2026, FISMX returned 20.7%, with dividends reinvested. In 2026 Q3 it added 8 new positions and exited 14.
Fidelity International Small Cap Fund seeks capital appreciation.
The fund invests primarily in small-capitalization common stocks of non-U.S. companies, including those in emerging markets, selected through fundamental analysis of financial condition, industry position, and market conditions across different countries and regions. The fund normally allocates at least 80% of assets to securities with market capitalizations similar to those in the MSCI EAFE Small Cap Index or MSCI ACWI ex USA Small Cap Index. Because security selection depends on the manager's analysis rather than index tracking, fund holdings and performance may diverge from any particular benchmark.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
Fidelity Revere Street Trust | 1.34% | $74.88M | — | — |
TEST RESEARCH CO LTD | 1.13% | $63.09M | 5.7M | $11.01 |
RICHTER GEDEON NYRT | 1.13% | $63.06M | 1.5M | $42.12 |
LOGISTA INTEGRAL SA | 1.11% | $62.10M | 1.6M | $39.06 |
SUBSEA 7 SA | 1.11% | $62.10M | 1.7M | $35.96 |
VITZROCELL CO LTD | 1.10% | $61.90M | 1.6M | $39.00 |
LG INNOTEK CO LTD | 1.10% | $61.49M | 156.3K | $393.47 |
TRIPOD TECHNOLOGY CORP | 1.09% | $61.06M | 4.2M | $14.45 |
MARUWA CO LTD/AICHI | 1.06% | $59.43M | 125.8K | $472.41 |
KAWASAKI HEAVY INDUSTRIES LTD | 1.06% | $59.35M | 2.9M | $20.56 |
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.
All 180 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 | 97.43% |
| Cash & short-term | 2.07% |
How it has done
FISMX share class · total returns with dividends reinvested
Volatility over the last 12 months: 14.26%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 6 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.90% | +20.67% | +54.90% | +37.48% | -10.27% | |
| 1.20% | +20.31% | +53.62% | +35.74% | -10.33% | |
| 1.95% | +19.46% | +50.85% | +31.71% | -10.47% | |
| 1.45% | +20.02% | +52.40% | +33.88% | -10.38% | |
| 0.95% | +20.63% | +54.81% | +37.50% | -10.25% | |
| 0.83% | +20.75% | +55.26% | +38.27% | -10.20% |
These classes hold the same portfolio, so the 6.57pp spread over 5 years is the cost difference between them — roughly 1.31pp a year — not a difference in what they own.
Fees & fund details
Fidelity International Small Cap Fund is an actively managed developed international equity fund.
- Asset class
- Equity
- Region
- Developed international
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.83% – 1.95%· FISMX 0.90%
- Portfolio turnover
- 24.00% a year · as of 2025 Q4
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.
8 new
14 exited· the largest 8
Understand how this fund fits with the rest.
Explore shared holdings, compare funds and follow their businesses with your connected AI:
- “Where do my funds overlap — FISMX, QQQ and the fund in my 401(k)?”
- “How do this fund’s ten biggest holdings stack up against each other?”
- “For my target-date fund, what’s the real stock-and-bond mix once you look through it?”