Fidelity SAI U.S. Low Volatility Index Fund (FSUVX)
| Fund Assets | 13.79B |
| Expense Ratio | 0.11% |
| Min. Investment | $0.00 |
| Turnover | 32.00% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 2.08% |
| Dividend Growth | 49.07% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 13, 2024 |
| Previous Close | 23.17 |
| YTD Return | 8.02% |
| 1-Year Return | 12.16% |
| 5-Year Return | 71.80% |
| 52-Week Low | 19.97 |
| 52-Week High | 23.17 |
| Beta (5Y) | 0.78 |
| Holdings | 181 |
| Inception Date | May 29, 2015 |
About FSUVX
The Fidelity SAI U.S. Low Volatility Index Fund is a mutual fund designed to track the performance of a group of large-cap U.S. equities that collectively exhibit lower volatility compared to the broader market. By focusing on stocks with reduced price swings, the fund seeks to provide investors with a smoother equity investment experience while maintaining exposure to major sectors such as technology, healthcare, consumer discretionary, and financial services. Notable holdings typically include leading U.S. companies in these industries. The fund is managed using an indexing approach, aiming to mirror the return of the MSCI USA Minimum Volatility (USD) Index, and is characterized by a competitive expense ratio and a strategy that emphasizes diversification and risk management. Portfolios like the Fidelity SAI U.S. Low Volatility Index Fund play a significant role for investors seeking to participate in U.S. equity markets while prioritizing stability over higher-risk, higher-return strategies, positioning it as a core holding for those aiming to balance growth and risk in their investment portfolio.
Performance
FSUVX had a total return of 12.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.49%.
Top 10 Holdings
35.47% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 8.95% |
| NVIDIA Corporation | NVDA | 4.38% |
| Apple Inc. | AAPL | 3.80% |
| Visa Inc. | V | 3.06% |
| Eli Lilly and Company | LLY | 2.81% |
| Johnson & Johnson | JNJ | 2.54% |
| Cisco Systems, Inc. | CSCO | 2.52% |
| The Procter & Gamble Company | PG | 2.50% |
| International Business Machines Corporation | IBM | 2.48% |
| Philip Morris International Inc. | PM | 2.44% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.483 | Dec 16, 2024 |
| Dec 8, 2023 | $0.324 | Dec 11, 2023 |
| Dec 9, 2022 | $0.682 | Dec 12, 2022 |
| Dec 3, 2021 | $0.681 | Dec 6, 2021 |
| Dec 4, 2020 | $0.216 | Dec 7, 2020 |
| Dec 6, 2019 | $0.578 | Dec 9, 2019 |