The TIAA-CREF Small-Cap Blend Index Fund invests at least 80% of its assets in value and growth stocks found in the Russell 2000 Index. OptimizedPortfolio.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. Benchmark: 2 We also offer zero minimum investment Fidelity Mutual Funds, no minimums to open an account, 3 no account fees for retail brokerage accounts, and 24/7 live customer service now that's value. riskPeriod.informationRatio | naCheckPrecision:2}}, {{ riskPeriod.r2 Disclosure: Some of the links on this page are referral links. The fund takes a factor-based approach in building its portfolioits an active management strategy, although RAIWX maintains a comparable weighting to the MSCI ACWI ex USA Small Cap Index, and also overlays sustainable growth with reasonable valuation screens. Will financial advice help me save more for retirement? ", Dimensional Fund Advisors. Theranoss Elizabeth Holmes gives birth to second baby, pushes to delay starting her 11-year prison term, Elon Musks bid to implant chips into human brains shot down by FDA. Log in to see them here or sign up to get started. {{(fundDetails.holdings.fundHoldings[0].holdings | filter:{holdingTypeName:'Environmental'} : true)[0].holdingSubTypes[0].holdingSubTypeLaggeds[0].laggedDate}} For wealthier investors, we included a tax-efficient small cap index fund. We began our search for the best small-cap index funds by building a list of Morningstars highest-rated U.S.-centric and international funds. {{brickletData.riskMeasures.indexAsOfDate}}, As of {{brickletData.riskMeasures.dependentAsOfDate | naCheck}}, As of {{brickletData.riskMeasures.independentAsOfDate | naCheck}}, As of 960 stocks covered by more than 179 equity research professionals 1. Last Updated: January 17, 2023 No Comments 2 min. You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. As of Q1 2021, the fund held about $729 million in assets, with 23.1% allocated to healthcare, 16.6% to financials, and 16.3% to information technology. The ticker for Fidelity's small cap index fund is FSSNX. Let me know in the comments. Distribution information is available for the last 10 years or to inception for fund's less than 10 years old. naCheckPercent:2}}, {{holdingSubTypes.indexValue | naCheckPercent: 2}}, {{fundDetails.priceStatistics.displayMonthlyLowNav | checkDollar}}-{{fundDetails.priceStatistics.displayMonthlyHighNav | checkDollar }}, On {{fundDetails.priceStatistics.fundPriceStatsDate}}, {{fundDetails.priceStatistics.displayDailyNavAm | checkDollar }}, {{fundDetails.priceStatistics.displayThirteenWeekMovingAverageNav | checkDollar}}, {{fundDetails.priceStatistics.displayThirtyNineWeekMovingAverageNav | checkDollar }}, {{ yearEndNavs.displayDailyNavAm | checkDollar}}, {{(fundDetails.overview.featureInformation | filter:{featureCode:'64'})[0].featureValue | addPercent}}, {{fundDetails.overview.expenseCap| naCheckPercent: 2}}, {{(fundDetails.overview.featureInformation | filter:{featureCode:'RFPRD'})[0].featureValue}} Days, Distribution and/or Service (12b-1) The Fidelity ZERO Extended Market Index Fund tracks the Fidelity U.S. Extended Investable Market Index. Necessary cookies are absolutely essential for the website to function properly. {{fundDetails.morningstar.ratingsAsOfDate}}; document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()); Sign up to receive email updates when a new post is published. This category only includes cookies that ensures basic functionalities and security features of the website. Were being punished after I remarried. As such, this fund is entirely U.S. large cap stocks, though its considered a sufficient proxy for the entire U.S. stock market. {{fundDetails.morningstar.ratingsAsOfDate}} naCheck:'Not Available'}}. There is a contractual cap on the expenses borne by the Barbara A. Friedberg, MS, MBA is a former portfolio manager and university investments instructor. Our list of best small cap index funds offers a choice for value, growth, blend and strategy investors all for below-category fees. FSGGX allows investors to get international exposure to the global stock market outside the U.S. by tracking the MSCI ACWI ex USA Index. From our perspective, the last ten years have rewarded small-cap value investors with healthy returns and robust dividends. We provide a platform for our authors to report on investments fairly, accurately, and from the investors point of view. This browser is no longer supported at MarketWatch. The S&P 600 is an index of small-cap stocks managed by Standard & Poor's, comparable to the Russell 2000. Maintaining independence and editorial freedom is essential to our mission of empowering investor success. From there, we eliminated actively managed funds that lacked any indexing component. As of Q1 2021, it held $5.9 billion in assets, with 24.3% allocated to the financial sector, 22.4% to the industrial goods sector, and 15.1% to consumer discretionary. Roth IRA vs. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. expires on {{fundDetails.overview.expenseCapExpDate | Wed like to share more about how we work and what drives our day-to-day business. Its expense ratio is 0.64%. We also use third-party cookies that help us analyze and understand how you use this website. exceptions) that the fund would pay; the respective contract Value stocks typically trade at low prices relative toperformance. Information provided on Forbes Advisor is for educational purposes only. The comparable Fidelity ZERO fund for this market segment is FNILX. Vanguards Tax-Managed Small Cap index fund admiral shares have a $10,000 minimum investment requirement, making them cost prohibitive for some investors. {{brickletData.riskMeasures.independentAsOfDate}}, {{ riskPeriod.independentRiskPeriod.sharpeRatio | Required fields are marked *. 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Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. The Russell 2500 Index is a market-cap-weighted equity index that includes 2,500 mid-cap and large-cap stocks all under a market cap of $10 billion. (7HANDL ETF). Bond Index Fund FXNAX is an index fund for the total U.S. bond market for those wanting some asset class diversification outside stocks. ", Fidelity. The comparable Fidelity ZERO fund for this market segment is FZILX. {{ fundDetails.holdings.fundHoldings[0].indexShortName}}, As Of {{holdingSubTypeLaggeds.laggedDate}}, {{ fundDetails.overview.portfolioInceptionDate | naCheck}}, {{ price.cumYtd.toString() | naCheckZeroOrPlus:2 }}, {{fundDetails.prices[0].displayNav | checkDollar}}, as of {{fundDetails.prices[0].navDate | replaceByGivenString:'-':'/'}}, as of {{price.navDate | replaceByGivenString:'-':'/'}}. {{fundDetails.priceStatistics.fundPriceStatsDate}}. The portfolio maintains a cost advantage over competitors, priced within the cheapest fee quintile among peers. We then composed our list by choosing a variety of options with the lowest relative fees and category-beating performance. {{brickletData.riskMeasures.dependentAsOfDate}}, {{ ", Dimensional Fund Advisors. SFSNXs average 10-year returns were in the top quartile of the category, demonstrating the potential of the strategy. Note that we have deviated from the strict index fund classification by including two factor-based funds. Information, Important Performance and Policy {{(compositionService.getAssetAllocationData(fundDetails.holdings.fundHoldings[0].holdings)[0].holdingSubTypes[0].holdingSubTypeLaggeds | filter:lagPeriod='0M')[0].laggedDate}}, As Of I am not a financial advisor, portfolio manager, or accountant. "FidelitySmall Cap Enhanced Index Fund - Composition.". With 6,374 constituents, the index covers about 14% of the free float-adjusted market capitalization in each country. The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FISVXs performance objective and investment process is for both security selection and portfolio construction. "Tax-Managed US Targeted Value Portfolio. Fidelity NASDAQ Composite Index Fund No Transaction Fee 1 Monthly Fact Sheet (PDF) Prospectus More Morningstar Snapshot* AS OF 1/31/2023; Morningstar Category: Large Growth *Data provided by Morningstar Overall Rating Rating Information Returns Low AVG High Expenses LowAVGHigh Risk of this Category LOWERHIGHER More Performance 2 Intraday Data provided by FACTSET and subject to terms of use. I have first-hand experience with every product or service I recommend, and I recommend them because I genuinely believe they are useful, not because of the commission I get if you decide to purchase through my links. Shes enjoying her dream with publishing credits on US News and World Report, GoBanking Rates, Investopedia, MSN Money, Investors Business Daily and more. FXNAX - Fidelity U.S. Total fund size. {{fundDetails.morningstar.percentOfAssetsCovered | naCheckPercent:2}} as of {{fundDetails.morningstar.styleBoxDotLocationDate}}, {{(fundDetails.holdings.fundHoldings[0].holdings | filter:{holdingTypeName:'Sectors as Percent of Equity'} : true)[0].holdingSubTypes[0].holdingSubTypeLaggeds[0].laggedDate}}, {{(fundDetails.holdings.fundHoldings[0].holdings | filter:{holdingTypeName:'Environmental'} : true)[0].holdingSubTypes[0].holdingSubTypeLaggeds[0].laggedDate}}, {{(fundDetails.holdings.fundHoldings[0].holdings | filter:{holdingTypeName:'Industry Diversification'} : true)[0].holdingSubTypes[0].holdingSubTypeLaggeds[0].laggedDate}}, {{(fundDetails.holdings.fundHoldings[0].holdings | filter:{holdingTypeName:'Sub-Sector Diversification'} : true)[0].holdingSubTypes[0].holdingSubTypeLaggeds[0].laggedDate}}, {{(fundDetails.holdings.fundHoldings[0].holdings | filter:{holdingTypeName:'Real Estate Sub Sector'} : true)[0].holdingSubTypes[0].holdingSubTypeLaggeds[0].laggedDate}}, {{(fundDetails.holdings.fundHoldings[0].holdings | filter:{holdingTypeName:'Sub-Industry Diversification'} : true)[0].holdingSubTypes[0].holdingSubTypeLaggeds[0].laggedDate}}, {{(compositionService.getHoldingsData(fundDetails.holdings.fundHoldings[0].holdings, 'Bond Credit Quality', ['0M'])[0].holdingSubTypeLaggeds | filter:lagPeriod='0M')[0].laggedDate}}, {{(compositionService.getHoldingsData(fundDetails.holdings.fundHoldings[0].holdings, 'Total Credit Quality', ['0M'])[0].holdingSubTypeLaggeds | filter:lagPeriod='0M')[0].laggedDate}}, {{(holdingSubType.holdingSubTypeLaggeds | filter:lagPeriod='0M')[0].holdingsPercent | naCheckPercent:2}}, {{fundDetails.morningstar.ratingsAsOfDate}}, Morningstar Category: {{ fundDetails.morningstar.morningstarCategory | naCheck }}, {{quarterEndReturns.overview.portfolioInceptionDate | naCheck}}, {{monthEndReturnsData.overview.portfolioInceptionDate | naCheck}}, {{(fundDetails.hypothetical | limitTo:-1)[0].date}}, 3 Fidelity Small Cap Enhanced Index Fund (FCPEX) Boston Trust Walden Small Cap Fund (BOSOX) Invesco Main Street Small Cap Fund Class A (OSCAX) Steward Values-Focused Small-Mid Cap Enhanced Index Fund A (TRDFX) Show more Compare View Fund Picks From Fidelity Fund Manager (s) 6 Geode Capital Management Manager Tenure: since 9/8/2011 Many investors, myself included, like to overweight small cap value stocks relative to their market cap weight for greater expected returns. and excludes the value of any cash collateral held for securities on loan and a fund's net other . Fidelity Small Cap Enhanced Index Fund The Small-Cap Enhanced Index Fund invests about 80% of assets in stocks that make up the Russell 2000 Index, but Fidelity aims to beat. Major holdings include Apple, Microsoft, Amazon, Tesla and Alphabet. With lower valuations, bargain hunting investors might gravitate to VSIAX. Don't want to do all this investing stuff yourself or feel overwhelmed? Thomas J. Brock is a CFA and CPA with more than 20 years of experience in various areas including investing, insurance portfolio management, finance and accounting, personal investment and financial planning advice, and development of educational materials about life insurance and annuities. You can also subscribe without commenting. I can see Fidelity Small-Cap Value fund (FCPVX), but its expense ratio is 0.91%: https://fundresearch.fidelity.com/mutua . The iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) was launched on 09/07/2016, and is a passively managed exchange traded fund designed to offer broad exposure to the Small Cap Blend segment . The offers that appear in this table are from partnerships from which Investopedia receives compensation. See holdings data for Fidelity ZERO Large Cap Index Fund (FNILX). Over the longer term, small-cap index funds have delivered superior returns to their large-cap brethren. Benchmark: The fund employs an indexing investment approach designed to track the performance of the CRSP US Small Cap Value Index, a broadly diversified index of value stocks of small U.S. companies. riskPeriod.annualizedAlpha | naCheckPrecision:2}}, {{ Fidelity 500 Index Fund ( since 8/4/2003 ) Fidelity SAI Small-Mid Cap 500 Index Fund ( since 8/12/2015 ) Fidelity Flex Mid Cap Index Fund ( since 3/9/2017 ) Spartan 500 Index Pool Class E ( since 11/3/2017 ) Fidelity Commodity Strategy Fund ( since 5/30/2017 ) Copyright 2023 MarketWatch, Inc. All rights reserved. naCheck:'Not Available'}}. Verify your identity, personalize the content you receive, or create and administer your account. | Symbol: {{fundHistoricalPrices.tradingSymbol}} Lets dive into the best Fidelity index funds. Add 4- and 5-star active funds to your clients portfolio. Investors seeking a reasonably priced small cap fund, with the possibility of outperforming the unmanaged index, might investigate SFSNX. The final list of best small cap index funds provides a reference list of high-quality, low-fee choices from top-shelf fund families. Potential buyers should understand that the 0.10% net expense ratio is approximately one percentage point lower than the gross expense ratioso keep an eye on these fees over time. That means small-cap fund investors require patience to yield these superior results. Fund provider. It looks for companies that have a low price-to-book ratio, and will also consider price-to-cash flow and price-to-earnings ratios. How To Beat the Market Using Leverage and Index Investing, 8 Reasons Why Im Not a Dividend Income Investor, M1 Borrow Review (How M1s Margin Loan Works), The 10 Best ETFs for Retirement Portfolios in 2023, The 4% Rule for Retirement Withdrawal Rate A Revisitation, Sequence of Return Risk in Retirement Explained. {{((holdingsRoot.holdingSubTypes)[0].holdingSubTypeLaggeds | filter:{lagPeriod:'0M'} )[0].laggedDate}}, As Of It invests in securities included in the Russell 2000 Value Index, a market cap-weighted index designed to measure the performance of the small-cap value segment of the U.S. equity market. FISVX Fidelity Small Cap Value Index Fund, Check out my flat-fee-only fiduciary friends over at Advisor.com, Lowest Margin Rates Brokers (2023 Comparison), VTI ETF Review Is VTI a Good Investment? Before making any investment decisions, you should consult with your own professional advisers and take into account all of the particular facts and circumstances of your individual situation. Small-cap stocks are among the most volatile equity investments, although they can reward investors with the potential for higher growth rates than their larger competitors. Her Encyclopedia of Personal Finance is a teaching tool for financial literacy. Visit a quote page and your recently viewed tickers will be displayed here. Fidelity Small Cap Value Index FISVX Morningstar Analyst Rating Quantitative rating as of Jan 31, 2023 | See Fidelity Investment Hub Quote Chart Fund Analysis Performance Sustainability. The fund's benchmark is the Russel 2000 Value Index. Internet Explorer users: we recommend using version 9 or newer when submitting date ranges greater than one year. The TLIC Separate Account invested in the Investor Class Shares of the underlying mutual fund prior to 05-14-10 but currently invests in the Transamerica Partners Stock Index - Collective Trust Fund. If you are in a brokerage or IRA account at fidelity, then you can get the zero fee extended market fund FZIPX. | Period: {{featureValue.featureValue}} Days It has amassed assets over $727.14 million, making it one of the average sized ETFs attempting. Vanguards Small Cap Growth Index Fund gives investors affordable access to the fastest growing small-cap companies in the U.S. While RAIWXs dividend yield is lower than many international funds, smaller stocks typically lack the high dividend yields of their larger counterparts. Analytical and entrepreneurial-minded data nerd, usability enthusiast, Boglehead, and Oxford comma advocate. Contact Fidelity for a prospectus or a summary prospectus, if available, containing this information. The fund is heavily weighted to industrial stocks, making up 30% of the portfolio, with 12% in consumer discretionary names and 10.4% in materials. This fund has about 1,400 holdings and a fee of 0.05%. You might be using an unsupported or outdated browser. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. Fidelity Global Small Cap Fund. fund, which indicates the maximum level of expenses (with certain "TIAA-CREF Small-Cap Blend Index Fund. FIDELITY SMALL CAP INDEX FUND | Markets Insider Markets Stocks Indices Commodities Cryptocurrencies Currencies ETFs News Fidelity Small Cap Index Fund Fund , FSSNX 23.42. Looking a bit longer term, the fund gained 0.21% for the trailing 12 months, ahead of both the benchmark and the peer group average. This fund has about 1,400 holdings and a fee of 0.05%. That said, theres no lack of conflicting data and opinions on this thesis, depending upon your time frame. {{ fundDetails.overview.portfolioInceptionDate | naCheck}}. FXAIX is Fidelitys offering for the famous S&P 500 Index, roughly the 500 largest profitable publicly traded companies in the United States. Transamerica Large Cap Value Fund (TWQAX). Read our editorial policy to learn more about our process. What it will take to get a contrarian buy signal for gold, Bombay Sapphire ups the lemony flavor in this elegant, refreshing addition to its gin lineup, An orphan at 65: setting new priorities after the loss of your parents, U.S. prepares new rules on investment in China. The fund's Retail Class shares returned -4.05%, outperforming the -4.96% result of the benchmark, the Russell Midcap Value Index, and roughly in line with the peer group average. Tail Risk What It Is and How To Hedge Against It, I Bonds Explained (US Savings Bonds) Ultimate Guide (2023), JEPI ETF Review JPMorgan Equity Premium Income ETF, Sharpe Ratio vs. Sortino vs. Calmar Risk Adjusted Return, Portfolio Risk Explained How To Think About Risk and Volatility, HNDL ETF Review Is HNDL a Good Investment? This fund has an effective intermediate duration of about 6 years and seeks to track the Bloomberg U.S. This allows me to continue producing high-quality, ad-free content on this site and pays for the occasional cup of coffee. "FidelitySmall Cap Enhanced Index Fund. {{ fundDetails.morningstar.morningstarCategory }} funds, {{holdingSubTypeLagged.holdingsPercent | naCheckPercent}}, {{characteristicDetail.fundCharacteristicValue | forceRange0To100 | naCheckPercent}}, Range: {{characteristicDetail.characteristicName}}, FUND INCEPTION Your financial situation is unique and the products and services we review may not be right for your circumstances. I lead the Paid Search marketing efforts at Gild Group. USD | NAV as of Mar 03, 2023 | 1-Day Return as of Mar 03, 2023, 11:14 PM GMT+0. }}, {{ riskPeriod.indexRiskPeriod.annualizedStandardDeviation | Fidelitys index fund for this market segment is FISVX, which seeks to track the Russell 2000 Value Index. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers. | Max Sales Charge: {{featureValue.featureValue | naCheckPercent100:2}} Small-cap value stocks are considered one of the outperforming factors by Nobel Prize winner Eugene Fama. Fidelity's index fund for this market segment is FISVX, which seeks to track the Russell 2000 Value Index. Please try again later. The data displayed is what was available on the date selected. The fund's benchmark is the Russel 2000 Value Index. Like its benchmark index, the fund portfolios top holdings include financial stocks, industrials, tech stocks, healthcare and consumer cyclical names.