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FLCPX

Fidelity SAI U.S. Large Cap Index Fund

Index fundEquityOpen-end fund
Fidelity Salem Street Trust: FLCPXHoldings as of Apr 30, 2026Filed Jun 26, 2026

U.S. stock index fund

As of its 2026 Q2 report, Fidelity SAI U.S. Large Cap Index Fund held 507 positions with $15.67B in net assets. Its ten largest holdings made up 38.4% of the fund. The FLCPX share class costs 0.01% a year. Over the 12 months to May 2026, FLCPX returned 29.8%, with dividends reinvested. In 2026 Q3 it added 9 new positions and exited 9.

2026 Q2 holdings and allocationChanges are against the previous quarter, 2026 Q2Headline fees and returns use the FLCPX share class
Expense ratio · FLCPX
0.01%
$1 a year for every $10,000 invested
one share class
$15.67B
The whole fund, all share classes
507 holdings
38.4%in the top 10
Weight held in the ten largest holdings
Top 25 hold 51.2%
Return, 1 year · FLCPX
+29.8%
With dividends, to May 2026
3 yr total +88.8% · 5 yr total +93.6%
What this fund is
Objective, as filed

Fidelity SAI U.S. Large Cap Index Fund seeks to provide investment results that correspond to the total return of U.S. equities.

Strategy, summarised

The fund tracks the total return of U.S. equities by holding a portfolio designed to correspond to a broad U.S. large-cap index. Because the index itself may become non-diversified due to shifts in market capitalization, the fund may operate as non-diversified as a result.

What you own

per cent of the fund
CompanyWeightValue
7.84%
$1.23B
6.44%
$1.01B
4.89%
$766.74M
4.18%
$655.65M
3.62%
$567.28M
3.20%
$501.15M
2.89%
$452.30M
2.16%
$338.89M
1.74%
$271.78M
1.40%
$219.91M
Showing 1–10 of 507 · the top 10 are 38.37% of the fund, the top 25 are 51.18%

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.

The 200 largest of 507 holdings, with the share counts as filed, open with a free account.

What the fund is made of

Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.

100.13%
of net assets
Stocks99.79%
Cash & short-term0.31%
Bonds0.02%
Derivatives0.01%

Derivatives are shown at market value, not notional exposure.

By sector

Information Technology
36.1%
Financials
12.2%
Communication Services
9.7%
Consumer Discretionary
9.3%
11 other sectors
32.6%

How it has done

Total return, dividends reinvested · to May 2026

FLCPX share class · total returns with dividends reinvested

1 year
+29.77%
3 years
+88.78%
Cumulative, not per year
5 years
+93.55%
Cumulative, not per year
Largest decline in 3 years
-8.22%
From a previous high to a later low
Cumulative return, last three years· Aug 2023 – May 2026

Volatility over the last 12 months: 13.13%. Past returns are a record, not a forecast.

Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Fees & fund details

Fidelity SAI U.S. Large Cap Index Fund is a U.S. equity index fund. 20% of FLCPX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 97% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Index (passive)
Fund type
Open-end fund
Expense ratio, by class
0.01%· FLCPX 0.01%
Portfolio turnover
64.00% a year · as of 2025 Q3

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Turnover is how much of the portfolio was replaced in a year.

Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.

What changed this quarter

2026 Q3 vs 2026 Q2

Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.

9 new· the largest 8

HONEYWELL AEROSPACE INCHONA
FLEX LTD
CARNIVAL CORP LTD
UST BILLS

9 exited· the largest 8

CARNIVAL CORP
COTERRA ENERGY INC
DUPONT DE NEMOURS INC
UST BILLS
CHICAGO MERCANTILE EXCH INC

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.

Connected research

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  • “Where do my funds overlap — FLCPX, QQQ and the fund in my 401(k)?”
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