Investment objective & strategy
As of April 25, 2023 · prospectusObjective. Fidelity Small Cap Enhanced Index Fund seeks capital appreciation.
Strategy. Normally investing at least 80% of assets in common stocks included in the Russell 2000 Index, which is a market capitalization-weighted index designed to measure the performance of the small-cap segment of the U.S. equity market. Generally using computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the Russell 2000 Index. Investing in domestic and foreign issuers. Lending securities to earn income for the fund. Normally investing at least 80% of assets in common stocks included in the Russell 2000 Index, which is a market capitalization-weighted index designed to measure the performance of the small-cap segment of the U.S. equity market. Generally using computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the Russell 2000 Index. Investing in domestic and foreign issuers. Lending securities to earn income for the fund.
Top holdings
As of Aug. 31, 2023 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| Fidelity Securities Lending Cash Central Fund | — | $31.66M | 5.43% |
| Fidelity Cash Central Fund | — | $22.77M | 3.91% |
| SUPER MICRO COMPUTER INC | — | $6.18M | 1.06% |
| MURPHY OIL CORP | — | $4.35M | 0.75% |
| QUALYS INC | — | $4.31M | 0.74% |
| OPTION CARE HEALTH INC | — | $4.22M | 0.72% |
| ATKORE INC | — | $4.18M | 0.72% |
| BELDEN INC | — | $4.06M | 0.70% |
| ENERSYS INC | — | $4.03M | 0.69% |
| PAGERDUTY INC | — | $3.85M | 0.66% |
Portfolio moves
May 31, 2023 → Aug 31, 2023How 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.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| Principal U.S. Small-Cap Adaptive Multi-Factor ETF | 28% | 0.19% |
| Mutual of America VIP Small Cap Equity Index Portfolio | 26% | 0.23% |
| SPDR(R) S & P 600 Small Cap ETF · SLY | 26% | 0.15% |
Footnotes
- Net assets and holdings count as of August 31, 2023, from the fund's N-PORT filing.
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