Fidelity Extended Market Index Fund FSMAX NASDAQ

Fidelity Extended Market Index Fund (FSMAX) is a passively managed fund that invests at least 80% of its assets in common stocks included in the Dow Jones U.S. Completion Total Stock Market Index, which tracks mid- to small-capitalization U.S. companies. The fund employs statistical sampling techniques to replicate index returns using a representative subset of securities rather than holding the entire index. The sampling methodology considers key factors such as market capitalization, industry exposure, dividend yield, price-to-earnings ratio, price-to-book ratio, and earnings growth to optimize the portfolio composition.