Fidelity NASDAQ Composite Index Fund (FNCMX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of $10,000 in Fidelity NASDAQ Composite 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.

Fidelity NASDAQ Composite Index Fund (FNCMX) has returned -10.43% so far this year and 20.91% over the past 12 months. Looking at the last ten years, FNCMX has achieved an annualized return of 16.42%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.

Based on dividend-adjusted daily data since Jan 8, 2003, FNCMX's average daily return is +0.05%, while the average monthly return is +1.02%. At this rate, your investment would double in approximately 5.7 years.

Historically, 60% of months were positive and 40% were negative. The best month was Apr 2020 with a return of +15.5%, while the worst month was Oct 2008 at -17.7%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.

On a daily basis, FNCMX closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +12.2%, while the worst single day was Sep 25, 2003 at -13.3%.

Fidelity NASDAQ Composite Index Fund has an annualized alpha of 2.22%, beta of 1.06, and R² of 0.86 versus S&P 500 Index. Calculated based on daily prices since January 09, 2003.

• This fund captured 120.44% of S&P 500 Index gains and 108.58% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• This fund generated an annualized alpha of 2.22% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• With beta of 1.06 and R² of 0.86, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

FNCMX has an expense ratio of 0.29%, placing it in the medium range.

FNCMX ranks 48 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Fidelity NASDAQ Composite Index Fund (FNCMX) and compare them to a chosen benchmark (S&P 500 Index).

Fidelity NASDAQ Composite Index Fund provided a 0.57% dividend yield over the last twelve months, with an annual payout of $1.52 per share. The fund has been increasing its distributions for 4 consecutive years.

The table displays the monthly dividend distributions for Fidelity NASDAQ Composite Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Fidelity NASDAQ Composite 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 NASDAQ Composite Index Fund was 55.08%, occurring on Mar 9, 2009. Recovery took 485 trading sessions.

The current Fidelity NASDAQ Composite Index Fund drawdown is 13.01%.

The chart below shows the rolling one-month volatility.