Fidelity SAI International Low Volatility Index Fund
Fidelity Salem Street Trust · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
Fidelity SAI International Low Volatility Index Fund is a developed international equity index fund that tracks the Fidelity International Low Volatility Focus Index.
- Asset class
- Equity
- Region
- Developed international
- Management
- Index (passive)
- Fund type
- Open-end fund
Fund profile
As filed in the prospectus · 2025 Q4
Fidelity SAI International Low Volatility Index Fund seeks to provide investment results that correspond to the total return of low volatility foreign stocks.
The fund tracks the Fidelity International Low Volatility Focus Index, which selects developed-market equities ranked by low five-year standard deviation and low five-year beta, holding at least 80% of assets in index constituents. Because index membership depends on volatility measures calculated over a trailing five-year period, those measures will shift as market history changes, causing the index composition to drift and the fund to incur turnover.
| Share class | Expense ratio |
|---|---|
| FSKLX | 0.16% |
Portfolio turnover 23.00% · as of 2025 Q4
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 97.93% |
| Cash & short-term | 1.82% |
| Derivatives | 0.07% |
| Bonds | 0.05% |
Derivatives are shown at market value, not notional exposure.
Latest quarter
What changed since the fund's previous filing
New: SHELL PLC, ROCHE HOLDING AG, RECKITT BENCKISER GROUP PLC, VALIANT HOLDING AG, CONTACT ENERGY LIMITED, ICE FUTURES US, UST BILLS, EAST JAPAN RAILWAY CO
Largest exited: ROCHE HOLDING AG, RECKITT BENCKISER GROUP PLC, NOVO-NORDISK AS, ELISA CORP, ADVANCE RESIDENCE INVESTMENT CORP, FUJIFILM HLDGS CORP, The MAGNUM ICE CREAM CO BV, VENTURE CORP 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 |
|---|---|---|---|---|---|
| — | SHELL PLC | 2.29% | $45.47 | $168.51M | 3.7M |
| — | RELX PLC | 2.09% | $36.47 | $153.82M | 4.2M |
| — | TOKIO MARINE HOLDINGS INC | 2.01% | $45.80 | $147.71M | 3.2M |
| — | ASTRAZENECA PLC | 1.99% | $189.80 | $146.18M | 770.2K |
| — | NOVARTIS AG | 1.91% | $147.79 | $140.50M | 950.6K |
| — | NATIONAL GRID PLC | 1.90% | $17.90 | $139.37M | 7.8M |
| — | AIR LIQUIDE SA | 1.88% | $215.14 | $138.26M | 642.6K |
| — | ZURICH INSURANCE GROUP AG | 1.83% | $697.22 | $134.44M | 192.8K |
| — | GSK PLC | 1.82% | $26.22 | $133.74M | 5.1M |
| — | DEUTSCHE BOERSE AG | 1.79% | $306.80 | $131.31M | 428.0K |
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 19.50% of net assets, top 25 42.03%, across 137 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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