Fidelity Small Cap Index Fund Q4 2025 Commentary

Fidelity Investments937 FollowersFollow5ShareSavePlay(5min)CommentsSummaryThe fund finished the fourth quarter slightly ahead of the 2.19% advance of the Russell 2000® Index.U.S. small-cap stocks posted a gain in the fourth quarter, supported by strong corporate fundamentals, a resilient economy, and the Federal Reserve's first interest-rate reductions since December 2024.Momentum faded a bit in November, despite the continued shutdown and a brief mid-month sell-off that mostly reflected concern about an AI bubble.In the fourth quarter, the index's narrow advance was driven by the defensive-oriented health care sector, which particularly shined in November.We expect our index funds to deliver low tracking difference, which is the difference in a fund's performance to that of its stated benchmark. Donny DBM/iStock via Getty Images Fund Performance Review The fund finished the fourth quarter slightly ahead of the 2.19% advance of the Russell 2000® Index. Securities lending income, corporate action activity and security misweights due to certain benchmark securities that the Fund isThis article was written byFidelity Investments937 FollowersFollowFidelity’s mission is to strengthen the financial well-being of our customers and deliver better outcomes for the clients and businesses it serves. With assets under administration of $12.6 trillion, including discretionary assets of $4.9 trillion as of December 31, 2023, Fidelity focuses on meeting the unique needs of a broad and growing customer base. Privately held for 77 years, Fidelity employs more than 74,000 associates with its headquarters in Boston and a global presence spanning nine countries across North America, Europe, Asia and Australia. Note: This account is not managed or monitored by Fidelity, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use Fidelity's official channels.