Fidelity SAI Emerging Markets Low Volatility Index Fund

Fidelity Salem Street Trust · 1 share class

Emerging-markets equity index fund
One fund, 1 share class:FGKPX
$3.05B NAV
173 positions · as of 2026-04-30 · filed 2026-06-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

Fidelity SAI Emerging Markets Low Volatility Index Fund is an emerging-markets equity index fund that tracks the Fidelity Emerging Markets Low Volatility Focus Index.

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

Fund profile

As filed in the prospectus · 2025 Q4

Fidelity SAI Emerging Markets Low Volatility Index Fund seeks to provide investment results that correspond to the total return of low volatility emerging markets stocks.

Strategy · summarised

The fund tracks the Fidelity Emerging Markets Low Volatility Focus Index using statistical sampling techniques, holding a broad range of emerging markets equities selected and ranked by five-year price volatility and beta to target lower-volatility exposure within the asset class. Because the fund samples rather than holds all index constituents, its returns may diverge from the index.

Expenses
0.24%one share class
Share classExpense ratio
FGKPX0.24%

Portfolio turnover 39.00% · as of 2025 Q4

Allocation

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

100.14%
of net assets
Stocks99.20%
Cash & short-term0.83%
Derivatives0.09%
Bonds0.01%

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 10 new2 exited

Largest new: ACCTON TECHNOLOGY CORP, SAMSUNG ELECTRO-MECHANICS CO, SAMSUNG FIRE and MARINE INS CO LTD ×2, LG DISPLAY CO LTD, E INK HOLDINGS INC, FOXCONN TECHNOLOGY CO LTD, ICE FUTURES US

Exited: ICE FUTURES US, UST BILLS

Return profile

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

1-year
+18.94%
3-year
+40.35%
5-year
+33.43%
Volatility
9.92%
Worst 3-yr fall
-7.46%
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
ACCTON TECHNOLOGY CORP2.81%$85.59M
SAMSUNG ELECTRONICS CO LTD1.88%$57.15M
SAMSUNG ELECTRONICS CO LTD1.87%$56.93M
CHINA SHENHUA ENERGY CO LTD1.58%$48.26M
INDUSTRIAL and COMMERCIAL BANK OF CHINA1.55%$47.35M
SAUDI ARABIAN OIL COMPANY1.50%$45.71M
BANK OF CHINA LTD1.50%$45.72M
CHINA CONSTRUCTION BANK CORP1.50%$45.64M
KT and G CORP1.50%$45.58M
CHUNGHWA TELECOM CO LTD1.42%$43.20M
Showing 10 of 173Sign 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 17.10% of net assets, top 25 36.32%, across 159 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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