Fidelity Small Cap Index Fund
Fidelity Salem Street Trust · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
Fidelity Small Cap Index Fund is a U.S. equity index fund that tracks the Russell 2000 Index. 34% of FSSNX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 86% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- Open-end fund
Fund profile
As filed in the prospectus · 2026 Q2
Fidelity Small Cap Index Fund seeks to provide investment results that correspond to the total return of stocks of small-capitalization United States companies.
The fund tracks the Russell 2000 Index, a market-capitalization-weighted benchmark of small-cap U.S. stocks, using replication and holding substantially all index constituents. Because the fund may not hold every security in the index, its returns may diverge from the index.
| Share class | Expense ratio |
|---|---|
| FSSNX | 0.03% |
Portfolio turnover 20.00% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 99.59% |
| Cash & short-term | 8.81% |
| Derivatives | 0.03% |
| Bonds | 0.03% |
These positions come to 108.47% of the fund's net assets. This counts only what the fund reported holding — the holdings disclosure covers assets, not liabilities such as borrowings — so it is not expected to reconcile to 100%.
Derivatives are shown at market value, not notional exposure.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Industrials | 17.4% |
| Health Care | 14.7% |
| Financials | 14.6% |
| Information Technology | 14.1% |
| 11 smaller | 39.1% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Portfolio growth profile
How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2
Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.
Latest quarter
What changed since the fund's previous filing
Largest new: PIPR, CHICAGO MERCANTILE EXCH INC, UST BILLS, ASST, BROOKFIELD BUSINESS COR, CDNL, YSS, BETA
Largest exited: AVIDITY BIOSCIENCES INC, CADENCE BANK, PIPER SANDLER COS, AMICUS THERAPEUTICS INC, PCH, REV GROUP INC, TEGNA INC, ARCELLX INC
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 |
|---|---|---|---|---|---|
| — | Fidelity Revere Street Trust | 8.53% | — | $2.78B | — |
| BE | BLOOM ENERGY CORPBE | 1.88% | $283.36 | $612.91M | 2.2M |
| — | CREDO TECHNOLOGY GROUP HOLDING LTD | 0.85% | $174.01 | $277.95M | 1.6M |
| — | FABRINET | 0.75% | $683.47 | $244.31M | 357.5K |
| CDE | COEUR MINING INCCDE | 0.56% | $17.97 | $181.65M | 10.1M |
| NXT | NEXTPOWER INCNXT | 0.53% | $119.13 | $171.99M | 1.4M |
| ECHO | ECHOSTAR CORPECHO | 0.51% | $123.14 | $165.20M | 1.3M |
| TTMI | TTM TECHNOLOGIES INCTTMI | 0.49% | $158.22 | $160.25M | 1.0M |
| IONQ | IONQ INCIONQ | 0.47% | $45.12 | $154.04M | 3.4M |
| STRL | STERLING INFRASTRUCTURE INCSTRL | 0.47% | $515.62 | $152.23M | 295.2K |
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 15.04% of net assets, top 25 20.40%, across 1.9K 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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