- ISIN
- US31635V8440
- CUSIP
- 31635V844
- Issuer
- Fidelity
- Inception Date
- Oct 8, 2015
- Category
- Large Cap Growth Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
FUQIX Performance Chart
Fidelity SAI U.S. Quality Index Fund (FUQIX) is up 6.4% since the beginning of the year. FUQIX is currently trading at $25 per share. Investors who bought $1,000 worth of FUQIX shares 5 years ago would now be looking at an investment worth $1,895.
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Returns By Period
Fidelity SAI U.S. Quality Index Fund (FUQIX) has returned 6.35% so far this year and 21.77% over the past 12 months. Looking at the last ten years, FUQIX has achieved an annualized return of 16.12%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.
Fidelity SAI U.S. Quality Index Fund
- 1D
- 0.95%
- 1M
- 1.72%
- YTD
- 6.35%
- 6M
- 5.68%
- 1Y
- 21.77%
- 3Y*
- 19.62%
- 5Y*
- 13.64%
- 10Y*
- 16.12%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FUQIX Monthly Returns History
Based on dividend-adjusted daily data since Oct 16, 2015, FUQIX's average daily return is +0.06%, while the average monthly return is +1.28%. At this rate, an investment would double in approximately 4.5 years.
Historically, 66% of months were positive and 34% were negative. The best month was Apr 2020 with a return of +12.0%, while the worst month was Mar 2020 at -9.2%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 3 months.
On a daily basis, FUQIX closed higher 52% of trading days. The best single day was Mar 24, 2020 with a return of +9.5%, while the worst single day was Mar 16, 2020 at -11.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.25% | -1.72% | -6.60% | 9.58% | 5.91% | 0.08% | 6.35% | ||||||
| 2025 | 2.35% | 0.69% | -5.38% | -0.48% | 5.67% | 3.85% | 2.34% | 1.68% | 3.54% | 0.88% | 0.38% | 0.50% | 16.76% |
| 2024 | 3.77% | 4.88% | 1.52% | -4.53% | 6.17% | 6.50% | -0.56% | 3.09% | 1.01% | -1.15% | 4.43% | -2.48% | 24.32% |
| 2023 | 4.31% | -2.13% | 6.72% | 2.52% | -0.12% | 5.68% | 3.60% | -0.64% | -4.71% | -1.60% | 8.81% | 4.69% | 29.63% |
| 2022 | -5.22% | -4.68% | 3.04% | -6.69% | 0.18% | -7.03% | 7.57% | -5.09% | -8.37% | 6.89% | 6.38% | -4.80% | -18.09% |
| 2021 | -1.55% | 1.32% | 4.30% | 5.07% | -0.06% | 4.49% | 4.68% | 2.60% | -6.30% | 5.59% | -0.17% | 5.93% | 28.28% |
Benchmark Metrics
Fidelity SAI U.S. Quality Index Fund has an annualized alpha of 2.31%, beta of 0.98, and R2 of 0.95 versus S&P 500 Index. Calculated based on daily prices since October 16, 2015.
- This fund captured 101.94% of S&P 500 Index gains but only 91.48% of its losses - a favorable profile for investors.
- This fund generated an annualized alpha of 2.31% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 0.98 and R2 of 0.95, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 2.31%
- Beta
- 0.98
- R²
- 0.95
- Upside Capture
- 101.94%
- Downside Capture
- 91.48%
Expense Ratio
FUQIX has an expense ratio of 0.10%, which is considered low.
Return for Risk
Risk / Return Rank
FUQIX ranks 33 for risk / return — below 33% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity SAI U.S. Quality Index Fund (FUQIX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FUQIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.38 | ||
| Sortino ratioReturn per unit of downside risk | -0.44 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.37 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.74 | 2.78 | -1.04 |
| Martin ratioReturn relative to average drawdown | 7.00 | 12.44 | -5.44 |
Dividends
Dividend History
Fidelity SAI U.S. Quality Index Fund provided a 3.42% dividend yield over the last twelve months, with an annual payout of $0.87 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.87 | $0.87 | $2.72 | $0.46 | $0.22 | $1.62 | $1.52 | $2.01 | $0.30 | $0.50 | $0.17 | $0.03 |
Dividend yield | 3.42% | 3.63% | 12.80% | 2.38% | 1.42% | 8.55% | 9.46% | 13.68% | 2.41% | 3.79% | 1.57% | 0.29% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity SAI U.S. Quality 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.66 | $0.00 | $0.00 | $0.21 | $0.87 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.17 | $0.00 | $0.00 | $0.55 | $2.72 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.29 | $0.46 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.10 | $0.22 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.39 | $0.00 | $0.00 | $0.23 | $1.62 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity SAI U.S. Quality 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 SAI U.S. Quality Index Fund was 31.19%, occurring on Mar 23, 2020. Recovery took 78 trading sessions.
The current Fidelity SAI U.S. Quality Index Fund drawdown is 1.01%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -31.19%Mar 2020 | 1mo 2d | 3mo 23d | 4mo 25dFeb 2020 - Jul 2020 |
Bear market2022 | -24.96%Sep 2022 | 9mo 6d | 1y 1mo | 1y 10moDec 2021 - Nov 2023 |
Rate-hike selloffLate 2018 | -20.07%Dec 2018 | 2mo 21d | 3mo 8d | 5mo 29dOct 2018 - Apr 2019 |
2025 selloff2025 | -17.86%Apr 2025 | 1mo 17d | 2mo 20d | 4mo 7dFeb 2025 - Jun 2025 |
2026 correction2026 | -12.31%Mar 2026 | 2mo 28d | 1mo 10d | 4mo 8dDec 2025 - May 2026 |
Drawdown Indicators
| FUQIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.19% | -56.78% | +25.59% |
Max Drawdown (1Y)Largest decline over 1 year | -12.31% | -9.10% | -3.21% |
Max Drawdown (3Y)Largest decline over 3 years | -17.86% | -18.90% | +1.04% |
Max Drawdown (5Y)Largest decline over 5 years | -24.96% | -25.43% | +0.47% |
Max Drawdown (10Y)Largest decline over 10 years | -31.19% | -33.92% | +2.73% |
Current DrawdownCurrent decline from peak | -1.01% | -1.80% | +0.79% |
Average DrawdownAverage peak-to-trough decline | -4.24% | -10.71% | +6.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.05% | 2.03% | +1.02% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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