Fidelity SAI Emerging Markets Value Index Fund
Fidelity Salem Street Trust · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
Fidelity SAI Emerging Markets Value Index Fund is an emerging-markets equity index fund that tracks the Fidelity Emerging Markets Value 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 Value Index Fund seeks to provide investment results that correspond to the total return of emerging markets stocks with attractive valuations.
The fund tracks the Fidelity Emerging Markets Value Focus Index, which selects large and mid-cap emerging markets stocks ranked by composite value scores based on free cash flow yield, enterprise value to EBITDA, price-to-book, and forward price-to-earnings; financials and REITs are scored on earnings yield, price-to-book, and forward P/E. The fund uses statistical sampling techniques to replicate index returns rather than holding all constituents, which may cause its performance to diverge from the index.
| Share class | Expense ratio |
|---|---|
| FEMVX | 0.20% |
Portfolio turnover 31.00% · as of 2025 Q4
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 98.53% |
| Cash & short-term | 2.30% |
| Derivatives | 0.15% |
| Bonds | 0.01% |
Derivatives are shown at market value, not notional exposure.
Latest quarter
What changed since the fund's previous filing
Largest new: NASPERS LTD, POSCO HOLDINGS INC, WISTRON CORP, TCC GROUP HOLDINGS, ICE FUTURES US, KOREAN AIR LINES CO LTD, LG DISPLAY CO LTD, BANGKOK DUSIT MEDICAL SERVICES PCL
Largest exited: HYUNDAI MOTOR CO, GOLD FIELDS LTD NEW, MARUTI SUZUKI INDIA LTD, CSPC PHARMACEUTICAL GROUP LTD, NEDBANK GROUP LTD, WEICHAI POWER CO LTD, HDFC BANK LTD, CHINA NATIONAL BUILDING MATERI AL COMPANY LTD
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 |
|---|---|---|---|---|---|
| — | TAIWAN SEMICONDUCTOR MFG CO LTD | 12.67% | $69.64 | $1.46B | 21.0M |
| — | SAMSUNG ELECTRONICS CO LTD | 5.02% | $151.55 | $579.81M | 3.8M |
| — | SK HYNIX INC | 4.00% | $897.49 | $462.16M | 514.9K |
| — | TENCENT HLDGS LTD | 2.11% | $60.73 | $243.37M | 4.0M |
| — | CHINA CONSTRUCTION BANK CORP | 1.90% | $1.13 | $219.94M | 194.8M |
| — | SAMSUNG ELECTRONICS CO LTD | 1.83% | $108.63 | $211.26M | 1.9M |
| — | SK SQUARE CO LTD | 1.79% | $585.74 | $206.78M | 353.0K |
| — | ASE TECHNOLOGY HOLDING CO LTD | 1.72% | $15.72 | $198.27M | 12.6M |
| — | HON HAI PRECISION INDUSTRY CO LTD | 1.59% | $7.09 | $184.18M | 26.0M |
| — | ALIBABA GROUP HOLDING LTD | 1.58% | $16.48 | $182.69M | 11.1M |
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 34.22% of net assets, top 25 53.09%, across 210 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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