Fidelity SAI International Value Index Fund

Fidelity Salem Street Trust · 1 share class

Developed international equity index fund
One fund, 1 share class:FIWCX
$12.84B NAV
206 positions · as of 2026-04-30 · filed 2026-06-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

Fidelity SAI International Value Index Fund is a developed international equity index fund that tracks the Fidelity International Value 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 Value Index Fund seeks to provide investment results that correspond to the total return of international stocks with attractive valuations.

Strategy · summarised

The fund tracks the Fidelity International Value Focus Index using statistical sampling techniques, holding large and mid-cap developed international stocks selected by a rules-based methodology that scores companies on free-cash-flow yield, enterprise value to earnings, book-to-price ratio, and forward earnings yield. Because the fund samples rather than holds all index constituents, its returns may diverge from the index.

Expenses
0.16%one share class
Share classExpense ratio
FIWCX0.16%

Portfolio turnover 58.00% · as of 2025 Q4

Allocation

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

100.80%
of net assets
Stocks99.17%
Cash & short-term1.55%
Derivatives0.05%
Bonds0.02%

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 28 new26 exited

Largest new: NOVO-NORDISK AS, DEUTSCHE BANK AG, STANDARD CHARTERED PLC, KIOXIA HOLDINGS CORPORATION, VEOLIA ENVIRONNEMENT SA, VONOVIA SE, PUBLICIS GROUPE SA, ASML HOLDING NV

Largest exited: TAKEDA PHARMACEUTICAL CO LTD, ENGIE SA, RWE AG, SVENSKA HANDELSBANKEN AB, DNB BANK ASA, SUMITOMO MITSUI TRUST GROUP INC, KYOCERA CORP, SHIONOGI and CO LTD

Return profile

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

1-year
+37.07%
3-year
+79.59%
5-year
+88.64%
Volatility
13.00%
Worst 3-yr fall
-9.38%
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
NOVO-NORDISK AS2.81%$360.67M
TOTALENERGIES SE2.74%$351.92M
MITSUBISHI CORP2.34%$300.25M
RIO TINTO PLC2.27%$291.45M
BNP PARIBAS2.25%$288.39M
SANOFI2.17%$278.14M
DEUTSCHE TELEKOM AG2.11%$271.54M
GSK PLC2.03%$260.30M
SHELL PLC1.83%$234.61M
BANCO SANTANDER SA1.81%$232.14M
Showing 10 of 206Sign 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 22.34% of net assets, top 25 42.75%, across 203 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.

Sign in free