Fidelity Mid Cap Growth Index Fund (FMDGX)
The fund normally invests at least 80% of assets in securities included in the Russell Midcap Growth Index, which is a market capitalization-weighted index designed to measure the performance of the mid-cap growth segment of the U.S. equity market.
Fund Info
US31635T8154
31635T815
Jul 11, 2019
$0
Mid-Cap
Growth
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Mid Cap Growth Index Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fidelity Mid Cap Growth Index Fund had a return of 29.31% year-to-date (YTD) and 40.84% in the last 12 months.
FMDGX
29.31%
12.21%
21.29%
40.84%
13.27%
N/A
^GSPC (Benchmark)
25.15%
2.97%
12.53%
31.00%
13.95%
11.21%
Monthly Returns
The table below presents the monthly returns of FMDGX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.55% | 7.54% | 2.38% | -5.80% | 1.07% | 1.66% | 0.59% | 2.47% | 3.32% | 1.74% | 29.31% | ||
| 2023 | 8.72% | -0.98% | 1.37% | -1.48% | 0.04% | 7.77% | 2.99% | -3.29% | -4.85% | -5.10% | 12.17% | 7.58% | 25.79% |
| 2022 | -12.89% | -1.19% | 1.60% | -11.25% | -3.85% | -7.47% | 12.26% | -3.29% | -8.50% | 7.91% | 5.42% | -6.01% | -26.67% |
| 2021 | -0.32% | 1.71% | -1.89% | 5.61% | -1.49% | 6.77% | 0.97% | 3.19% | -4.83% | 7.00% | -4.23% | 0.37% | 12.67% |
| 2020 | 0.96% | -6.91% | -15.19% | 15.58% | 10.01% | 2.31% | 7.97% | 2.72% | -1.41% | 0.08% | 13.45% | 4.77% | 34.84% |
| 2019 | -0.45% | -1.80% | -1.17% | 1.85% | 4.90% | 1.16% | 4.43% |
Expense Ratio
FMDGX has an expense ratio of 0.05%, which is considered low compared to other funds.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of FMDGX is 78, placing it in the top 22% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Mid Cap Growth Index Fund (FMDGX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Mid Cap Growth Index Fund provided a 0.47% dividend yield over the last twelve months, with an annual payout of $0.16 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $0.16 | $0.17 | $0.18 | $0.12 | $0.10 | $0.06 |
Dividend yield | 0.47% | 0.63% | 0.81% | 0.42% | 0.36% | 0.27% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Mid Cap Growth Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.07 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.09 | $0.17 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.00 | $0.09 | $0.18 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.07 | $0.12 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.06 | $0.10 |
| 2019 | $0.06 | $0.06 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Mid Cap Growth Index Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Mid Cap Growth Index Fund was 38.59%, occurring on Jun 16, 2022. Recovery took 583 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -38.59% | Nov 17, 2021 | 146 | Jun 16, 2022 | 583 | Oct 11, 2024 | 729 |
| -35.94% | Feb 20, 2020 | 23 | Mar 23, 2020 | 74 | Jul 8, 2020 | 97 |
| -13.36% | Feb 16, 2021 | 15 | Mar 8, 2021 | 76 | Jun 24, 2021 | 91 |
| -8.82% | Sep 3, 2020 | 6 | Sep 11, 2020 | 19 | Oct 8, 2020 | 25 |
| -7.32% | Sep 7, 2021 | 20 | Oct 4, 2021 | 13 | Oct 21, 2021 | 33 |
Volatility
Volatility Chart
The current Fidelity Mid Cap Growth Index Fund volatility is 5.60%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.