Fidelity Small Cap Enhanced Index Fund
Fidelity Commonwealth Trust II
Expense ratio
Net assets1
$582.54M
Holdings1
579
Category
US Equity
Return

Investment objective & strategy

As of April 25, 2023 · prospectus

Objective. 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
SecurityTickerValue% 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%
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Allocation by sector

As of August 31, 2023 · N-PORT
View portfolio breakdown →

Portfolio moves

May 31, 2023 → Aug 31, 2023
Opened
102
Exited
94
Increased
130
Decreased
116
Unchanged
231

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.

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Footnotes

  1. Net assets and holdings count as of August 31, 2023, from the fund's N-PORT filing.

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