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FSKAX

Fidelity Total Market Index Fund

Index fundEquityTracks the Dow Jones U.S. Total Stock Market IndexOpen-end fund
Fidelity Concord Street Trust: FSKAXHoldings as of May 31, 2026Filed Jul 24, 2026

U.S. stock index fund · tracks Dow Jones U.S. Total Stock Market Index

As of its 2026 Q2 report, Fidelity Total Market Index Fund held 3,745 positions with $138.49B in net assets. Its ten largest holdings made up 34.8% of the fund. The FSKAX share class costs 0.01% a year. Over the 12 months to May 2026, FSKAX returned 29.8%, with dividends reinvested. In 2026 Q2 it added 110 new positions and exited 137.

2026 Q2 holdings and allocationChanges are against the previous quarter, 2026 Q1Headline fees and returns use the FSKAX share class
Expense ratio · FSKAX
0.01%
$1 a year for every $10,000 invested
one share class
$138.49B
The whole fund, all share classes
3,745 holdings
34.8%in the top 10
Weight held in the ten largest holdings
Top 25 hold 46.6%
Return, 1 year · FSKAX
+29.8%
With dividends, to May 2026
3 yr total +87.5% · 5 yr total +83.5%
What this fund is
Objective, as filed

Fidelity Total Market Index Fund seeks to provide investment results that correspond to the total return of a broad range of United States stocks.

Strategy, summarised

The fund tracks the Dow Jones U.S. Total Stock Market Index, which covers approximately 5,000 U.S. stocks, using statistical sampling techniques to replicate index returns rather than holding all constituents. Because the fund samples the index, its returns may diverge from the index.

What you own

per cent of the fund
CompanyWeightValue
7.00%
$9.70B
6.25%
$8.66B
4.56%
$6.32B
3.61%
$5.00B
3.02%
$4.19B
2.89%
$4.00B
2.40%
$3.33B
1.89%
$2.62B
1.67%
$2.32B
1.49%
$2.07B
Showing 1–10 of 3,745 · the top 10 are 34.80% of the fund, the top 25 are 46.60%

Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.

The 200 largest of 3,745 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%.

100.50%
of net assets
Stocks99.94%
Cash & short-term0.56%
Bonds0.01%
Derivatives0.01%

Derivatives are shown at market value, not notional exposure.

By sector

Information Technology
35.9%
Financials
11.4%
Communication Services
9.5%
Consumer Discretionary
9.5%
11 other sectors
33.7%

How it has done

Total return, dividends reinvested · to May 2026

FSKAX share class · total returns with dividends reinvested

1 year
+29.84%
3 years
+87.46%
Cumulative, not per year
5 years
+83.51%
Cumulative, not per year
Largest decline in 3 years
-9.17%
From a previous high to a later low
Cumulative return, last three years· Jun 2023 – May 2026

Volatility over the last 12 months: 12.98%. Past returns are a record, not a forecast.

Fees & fund details

Fidelity Total Market Index Fund is a U.S. equity index fund that tracks the Dow Jones U.S. Total Stock Market Index. 23% of FSKAX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 96% 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%· FSKAX 0.01%
Portfolio turnover
3.00% a year · as of 2026 Q2

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 Q2 vs 2026 Q1

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

110 new· the largest 8

CARNIVAL CORP LTD
SHARKNINJA INC
CEREBRAS SYSTEMS INCCBRS
MADISON AIR SOLUTIONS CORP-AMAIR
UST BILLS
CHICAGO MERCANTILE EXCH INC

137 exited· the largest 8

CARNIVAL CORP
COTERRA ENERGY INC
EXACT SCIENCES CORP
HOLOGIC INC
AVIDITY BIOSCIENCES INC
CONFLUENT INC
AIR LEASE CORP
SEALED AIR CORP

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-05-31

Avg coupon
0.00%
Avg maturity
0.20 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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