Fidelity Salem Street Fund Quote

FQITX Fund  USD 13.00  0.08  0.62%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 22

 
High
 
Low
Low
Fidelity Salem is trading at 13.00 as of the 27th of May 2024; that is 0.62 percent up since the beginning of the trading day. The fund's open price was 12.92. Fidelity Salem has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Fidelity Salem Street are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of November 2023 and ending today, the 27th of May 2024. Click here to learn more.
Normally investing at least 80 percent of assets in securities included in the Fidelity International Quality Focus Index and in depositary receipts representing securities included in the index. The Fidelity International Quality Focus Index is designed to reflect the performance of large and mid-cap developed international stocks that have attractive quality characteristics.. More on Fidelity Salem Street

Moving together with Fidelity Mutual Fund

  0.82FPTKX Fidelity Freedom 2015PairCorr
  0.76FPURX Fidelity PuritanPairCorr
  0.77FPXTX Fidelity PennsylvaniaPairCorr
  0.88FQIFX Fidelity Freedom IndexPairCorr
  0.79FQIPX Fidelity Freedom IndexPairCorr
  0.78FRAGX Aggressive GrowthPairCorr

Fidelity Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Fidelity Salem's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Fidelity Salem or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationFidelity Investments Funds, Large Growth Funds, Foreign Large Growth Funds, Foreign Large Growth, Fidelity Investments (View all Sectors)
Update Date31st of March 2024
Fidelity Salem Street [FQITX] is traded in USA and was established 27th of May 2024. Fidelity Salem is listed under Fidelity Investments category by Fama And French industry classification. The fund is listed under Foreign Large Growth category and is part of Fidelity Investments family. Fidelity Salem Street currently has accumulated 318.52 M in assets under management (AUM) with no minimum investment requirements with the current yeild of 0.02%.
Check Fidelity Salem Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Fidelity Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Fidelity Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Fidelity Salem Street Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Fidelity Salem Street Mutual Fund Constituents

ASMLASML Holding NVStockInformation Technology
NOVNNovan IncStockHealth Care
ROGRogersStockInformation Technology
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Fidelity Salem Street Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Fidelity Salem market risk premium is the additional return an investor will receive from holding Fidelity Salem long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fidelity Salem. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Fidelity Salem's alpha and beta are two of the key measurements used to evaluate Fidelity Salem's performance over the market, the standard measures of volatility play an important role as well.

Fidelity Salem Against Markets

Picking the right benchmark for Fidelity Salem mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Fidelity Salem mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Fidelity Salem is critical whether you are bullish or bearish towards Fidelity Salem Street at a given time. Please also check how Fidelity Salem's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Fidelity Salem without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Fidelity Mutual Fund?

Before investing in Fidelity Salem, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Fidelity Salem. To buy Fidelity Salem fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Fidelity Salem. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Fidelity Salem fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Fidelity Salem Street fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Fidelity Salem Street fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Fidelity Salem Street, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Fidelity Salem Street?

The danger of trading Fidelity Salem Street is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Fidelity Salem is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Fidelity Salem. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Fidelity Salem Street is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Salem Street. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Please note, there is a significant difference between Fidelity Salem's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Salem is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Salem's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.