Fidelity Small Cap Index Fund
FSSNX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 245 Summer Street Boston MA United States of America 02210
- IPO Date
- Sep 9, 2011
- CIK
- 0000035315
- Website
- fundresearch.fidelity.com
- Similar Companies
- Business
- Fidelity Small Cap Index Fund (FSSNX) is an index mutual fund managed by Fidelity Investments that seeks to provide investment results corresponding to the total return of the Russell 2000 Index, which tracks small-capitalization U.S. companies; the fund normally invests at least 80% of its assets in securities included in the index and may engage in securities lending to generate additional income. It offers investors exposure to a diversified portfolio of small-cap blend equities, including top holdings such as E-mini Russell 2000 Index Future, Fidelity Cash Central Fund, Super Micro Computer Inc., MicroStrategy Inc., and Carvana Co.; with an expense ratio of 0.025%, low turnover of approximately 9-14%, and no minimum initial investment, it targets individual and institutional investors seeking cost-effective small-cap indexing. The fund operates primarily in the United States market, focusing on North American small-cap stocks across sectors like technology, industrials, consumer cyclical, and energy. Launched on September 8, 2011, and headquartered with Fidelity Investments in Boston, Massachusetts, the fund has grown to manage approximately $27.3 billion in assets as of late 2024. It remains part of Fidelity's broad lineup of index funds with no reported major structural changes, such as share class conversions, mergers, or name changes, in the last 1-2 years; portfolio turnover and expense ratios have remained consistently low amid ongoing rebalancing to track the Russell 2000 benchmark. Recent performance reflects small-cap market dynamics, with year-to-date returns around 1.70% and 10-year annualized returns of 7.51% as of mid-2025, underscoring its passive strategy without significant strategic shifts like new product launches or acquisitions attributable directly to the fund.