Fidelity U.S. Sustainability Index Fund

Frequently Asked Questions About FITLX

What does FITLX invest in?

The Fidelity U.S. Sustainability Index Fund typically allocates a minimum of 80% of its total assets to investments that are constituents of the MSCI USA ESG Leaders Index. This particular index tracks the performance of stocks from large and mid-sized American corporations, which are chosen for demonstrating superior performance in environmental, social, and governance (ESG) criteria when compared to other companies within their respective industries, as determined by MSCI ESG Research.

What is the expense ratio of FITLX?

Fidelity U.S. Sustainability Index Fund (FITLX) charges an expense ratio of 0.11%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FITLX?

Fidelity U.S. Sustainability Index Fund (FITLX) manages $5.97B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is FITLX actively managed or an index fund?

FITLX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (FITLX's is 0.11%) because there's no security selection cost.

When was FITLX launched?

Fidelity U.S. Sustainability Index Fund (FITLX) launched in May 2017 and is managed by Fidelity.

How has FITLX performed?

FITLX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.