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Morningstar

Fidelity SAI US Momentum Index FUMIX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 17.02  /  +0.65 %
  • Total Assets 659.8 Mil
  • Adj. Expense Ratio
    0.110%
  • Expense Ratio 0.110%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Large Growth
  • Investment Style Large Growth
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 0.56%
  • Turnover 85%

USD | NAV as of Jul 05, 2024 | 1-Day Return as of Jul 05, 2024, 10:19 PM GMT+0

Morningstar’s Analysis FUMIX

Will FUMIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FUMIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FUMIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FUMIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin Fidelity SAI US Momentum Index's Morningstar Medalist Rating of Gold.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FUMIX

More FUMIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 39.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NVIDIA Corp

6.16 39.5 Mil
Technology

Eli Lilly and Co

5.23 33.5 Mil
Healthcare

Broadcom Inc

5.02 32.2 Mil
Technology

Microsoft Corp

4.87 31.2 Mil
Technology

Amazon.com Inc

4.69 30.0 Mil
Consumer Cyclical

Meta Platforms Inc Class A

4.43 28.4 Mil
Communication Services

Advanced Micro Devices Inc

2.55 16.3 Mil
Technology

Costco Wholesale Corp

2.38 15.3 Mil
Consumer Defensive

Netflix Inc

2.11 13.5 Mil
Communication Services

Alphabet Inc Class A

1.94 12.4 Mil
Communication Services