Fidelity Real Estate Index Fund
Fidelity Salem Street Trust · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
Fidelity Real Estate Index Fund is a U.S. equity index fund that tracks the MSCI US IMI Real Estate 25/25 Index. 31% of FSRNX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 99% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- Open-end fund
Fund profile
As filed in the prospectus · 2025 Q3
Fidelity Real Estate Index Fund seeks to provide investment results that correspond to the total return of equity REITs and other real estate-related investments.
The fund tracks the MSCI US IMI Real Estate 25/25 Index, a modified market-capitalization-weighted index of real estate companies, by holding at least 80% of assets in index securities and derivatives that provide exposure to those securities or their underlying risk factors. The fund also lends securities to generate additional income.
| Share class | Expense ratio |
|---|---|
| FSRNX | 0.07% |
Portfolio turnover 13.00% · as of 2025 Q3
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 99.46% |
| Cash & short-term | 1.20% |
| Derivatives | 0.02% |
| Bonds | 0.02% |
Derivatives are shown at market value, not notional exposure.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Real Estate | 98.6% |
| Cash | 1.2% |
| International | 0.2% |
| Other | 0.0% |
| Government | 0.0% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Portfolio growth profile
How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2
Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.
Latest quarter
What changed since the fund's previous filing
New: CHICAGO BOARD OF TRADE, UST BILLS, CHICAGO MERCANTILE EXCH INC
Exited: PCH, ALEXANDER and BALDWIN INC, UST BILLS, NLOP, CHICAGO BOARD OF TRADE, CHICAGO MERCANTILE EXCH INC
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30
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 | 100.0% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 100.0% |
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
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| WELL | WELLTOWER INCWELL | 8.55% | $217.34 | $271.21M | 1.2M |
| PLD | PROLOGIS INCPLD | 8.15% | $142.02 | $258.40M | 1.8M |
| AMT | AMERICAN TOWER CORPAMT | 5.28% | $182.71 | $167.37M | 916.1K |
| EQIX | EQUINIX INCEQIX | 5.05% | $1,082.83 | $160.06M | 147.8K |
| DLR | DIGITAL REALTY TRUST INCDLR | 4.27% | $200.94 | $135.35M | 673.6K |
| SPG | SIMON PROPERTY GROUP INCSPG | 4.24% | $203.71 | $134.33M | 659.4K |
| O | REALTY INCOME CORPO | 3.66% | $64.24 | $115.95M | 1.8M |
| PSA | PUBLIC STORAGEPSA | 3.07% | $302.45 | $97.41M | 322.1K |
| CBRE | CBRE GROUP INCCBRE | 2.72% | $142.73 | $86.29M | 604.6K |
| VTR | VENTAS INCVTR | 2.55% | $87.86 | $80.72M | 918.7K |
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 47.53% of net assets, top 25 69.59%, across 147 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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