Spartan® 500 Index Fund - Institutional Class

  • Symbol: FXSIX

Morningstar® Snapshot*

AS OF 02/28/2015; MORNINGSTAR CATEGORY: Large Blend
Returns 4 out of 5, Above Average Returns
Expenses 1 out of 5, Low Fees
Risk of this Category Category Risk Rating:6, where 1 is Lower and 10 is Higher

*Data provided by Morningstar. Please click on the indicator above to learn more about comparison groups and methodology.


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AS OF 2/28/2015
Average Annual Returns
YTD (Daily)* 1 Yr 3 Yr 5 Yr 10 Yr
YTD (Daily)* +0.56% 1 Yr +15.47% 3 Yr +17.96% 5 Yr +16.15% 10 Yr +7.97%
*AS OF 3/25/2015; Value is cumulative

Hypothetical Growth of $10,000

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AS OF 02/28/2015; MORNINGSTAR CATEGORY: Large Blend
Shows growth of hypothetical $10,000 investment in Spartan® 500 Index Fund - Institutional Class compared to S&P 500,Large Blend over the selected time period
Spartan® 500 Index Fund - Institutional Class
Large Blend

Please note: In this chart if a fund does not have 10 years of performance and is incepted mid-month, fund performance starts at the inception date while benchmark and category average begin at the first full month of performance.

The performance data featured represents past performance, which is no guarantee of future results. Investment return and principal value of an investment will fluctuate; therefore, you may have a gain or loss when you sell your shares. Current performance may be higher or lower than the performance data quoted.

Fund Overview


Seeks to provide investment results that correspond to the total return (i.e., the combination of capital changes and income) performance of common stocks publicly traded in the United States.


Normally investing at least 80% of assets in common stocks included in the S&P 500 Index, which broadly represents the performance of common stocks publicly traded in the United States.


Stock markets, especially foreign markets, are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments.

Short Term Redemption Fee


Who May Want To Invest

Someone who is seeking the potential for long-term share-price appreciation and, secondarily, dividend income.

Someone who is seeking both growth- and value-style investments and who is willing to accept the volatility associated with investing in the stock market.

Additional Disclosures

A mutual fund registered under Fidelity Concord Street Trust, and managed by Fidelity Management & Research Company. This description is only intended to provide a brief overview of the fund. Read the fund's prospectus for more detailed information about the fund.

The S&P 500® Index is a registered service mark of The McGraw-Hill Companies, Inc., and has been licensed for use by Fidelity Distributors Corporation and its affiliates. It is an unmanaged index of the common stock prices of 500 widely held U.S. stocks that includes the reinvestment of dividends.

Initial offering of the Institutional Share Class took place on May 4, 2011. Returns prior to that date are those of the Fidelity Advantage Class and reflect the Fidelity Advantage Class' expense ratio. Had the Institutional Class' expense ratio been reflected, total returns would have been higher.

Fidelity is voluntarily reimbursing a portion of the fund's expenses. If Fidelity had not, the returns would have been lower.


More Information
Morningstar Category Large Blend
Fund Inception 2/17/1988
Share Class Inception 5/4/2011
Glossary definition opens in new window.Exp Ratio (Gross)
($0.50 per $1000)
Glossary definition opens in new window.Exp Ratio (Net)
($0.40 per $1000)
Turnover Rate
Glossary definition opens in new window.Portfolio Net Assets ($M)
Glossary definition opens in new window.Share Class Net Assets ($M)
12 Month Low-High
$64.41 - $75.09

Top 10 Holdings

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AS OF 12/31/2014
Top 10 Holdings
% of Total Portfolio 17.23%
Total # of holdings: 507 as of 12/31/2014
Total # of issuers: 503 as of 12/31/2014

Quarter-End Average Annual Total Returns

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AS OF 12/31/2014; FUND INCEPTION 2/17/1988 Glossary definition opens in new window.

0.05% AS OF 4/29/2014
1 Yr 3 Yr 5 Yr 10 Yr Life
Spartan® 500 Index Fund - Institutional Class 13.65% 20.37% 15.42% 7.65% 10.28%
S&P 500 13.69% 20.41% 15.45% 7.67% 10.45%
Large Blend 10.96% 19.00% 13.88% 7.02% --

Please visit the Glossary for definitions of terms on this page.

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1. Total returns are historical and include change in share value and reinvestment of dividends and capital gains, if any. Cumulative total returns are reported as of the period indicated. Life of fund figures are reported as of the commencement date to the period indicated and are cumulative if the fund is less than one year old. Total returns do not reflect the fund's [%] sales charge. If sales charges were included, total returns would have been lower.

2. The Morningstar Category Average is the average return for the peer group based on the returns of each individual fund within the group, for the period shown. This average assumes reinvestment of dividends.

3. This chart illustrates the performance of a hypothetical $10,000 investment made in this investment product (and a benchmark or category average, if shown) from the beginning date shown or on the inception date of the product (whichever is later). The inception date used for products with underlying funds, or multiple shares classes, or are offered as a separate account, strategy or sub account, may be the inception date of the underlying fund, the earliest share class of the product, or the date composite performance for the product was first made available. The product's returns may not reflect all its expenses. Any fees not reflected would lower the returns. Benchmark returns include reinvestment of capital gains and dividends, if any, but do not reflect any fees or expenses. It is not possible to invest in an index. Past performance is no guarantee of future results. This chart is not intended to imply any future performance of the investment product.

4. Any holdings, asset allocation, diversification breakdowns or other composition data shown are as of the date indicated and are subject to change at any time. They may not be representative of the fund's current or future investments. The Top Ten holdings do not include money market instruments or futures contracts, if any. Depository receipts are normally combined with the underlying security. Some breakdowns may be intentionally limited to a particular asset class or other subset of the fund's entire portfolio, particularly in multi-asset class funds where the attributes of the equity and fixed income portions are different.

Under the asset allocation section, international (or foreign) assets may be reported differently depending on how an investment option reports its holdings. Some do not report international (or foreign) holdings here, but instead report them in a "Regional Diversification" section. Some report them in this section in addition to the equity, bond and other allocation shown. Others report international (or foreign) holding as a subset of the equity and bond allocations shown. If the allocation without the foreign component equals (or rounds to) 100%, then international (or foreign) is a subset of the equity and bond percentage shown.

Generally, the issuer of a mutual fund is the fund or trust which issues the shares; the issuer of collective investment trusts is the underlying trust or investment vehicle which issues the units; the issuer of a stock fund is the company which issues the shares; the issuer of options such as separate accounts and strategies is the plan which makes them available; the issuer of a fixed return option is the insurance company or other company which offers the investment; the issuer of an annuity contract is the insurance company and/or the insurance company separate account.

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Before investing, consider the investment objectives, risks, charges and expenses of the fund or annuity and its investment options. Contact Fidelity for a free prospectus and, if available, summary prospectus containing this information. Read it carefully.

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