QVI2Q
VIP Index 500 Portfolio
Variable Insurance Products Fund II
Index fund
Expense ratio1
0.34%
Net assets2
$17.64B
Holdings2
506
Category
US Equity
2025 return3
17.48%

Investment objective & strategy

As of Nov. 10, 2025 · prospectus

Strategy. The fund may operate as a non-diversified fund, as defined under the Investment Company Act of 1940 (1940 Act), to the approximate extent the index is non-diversified. The fund may therefore operate as non-diversified solely as a result of a change in relative market capitalization or index weighting of one or more constituents of the index. The fund may operate as a non-diversified fund, as defined under the Investment Company Act of 1940 (1940 Act), to the approximate extent the index is non-diversified. The fund may therefore operate as non-diversified solely as a result of a change in relative market capitalization or index weighting of one or more constituents of the index.

Top holdings

As of March 31, 2026 · N-PORT
SecurityTickerValue% of fund
NVIDIA CORP $1.34B 7.58%
APPLE INC $1.18B 6.67%
MICROSOFT CORP $867.52M 4.92%
AMAZON.COM INC $642.11M 3.64%
ALPHABET INC CL A $528.39M 3.00%
BROADCOM INC $463.14M 2.63%
ALPHABET INC CL C $423.39M 2.40%
META PLATFORMS INC CL A $394.93M 2.24%
TESLA INC $329.97M 1.87%
BERKSHIRE HATH-B $277.33M 1.57%
View all holdings →

Allocation by sector

As of March 31, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Dec 31, 2025 → Mar 31, 2026
Opened
7
Exited
7
Increased
31
Decreased
469
Unchanged
0

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

View portfolio moves →

Similar funds

Funds whose portfolios most overlap this one, by weight

Advisers

As of December 31, 2025 · N-CEN
FirmRole
Fidelity Management & Research Company LLC Adviser
Geode Capital Management, LLC Sub-adviser

Footnotes

  1. Expense ratio as of April 18, 2025, from the fund's prospectus.
  2. Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
  3. Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).

Machine-readable: JSON · Markdown. Programmatic access via the agent surface.