Fidelity Flex Mid Cap Index Fund (FLAPX)

Fund Assets	639.43M
Expense Ratio	0.00%
Min. Investment	$0.00
Turnover	89.00%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	n/a

Previous Close	25.81
YTD Return	21.16%
1-Year Return	28.65%
5-Year Return	62.56%
52-Week Low	20.09
52-Week High	26.27
Beta (5Y)	1.01
Holdings	510
Inception Date	Mar 9, 2017

About FLAPX

Fidelity Flex Mid Cap Index Fund is an open-end mutual fund designed to track the performance of mid-capitalization U.S. companies. Its primary objective is to provide investment results that correspond to the total return of stocks within the Russell Midcap® Index, which represents a broad cross-section of medium-sized American businesses across diverse sectors, including technology, industrials, financial services, and energy. The fund maintains a passively managed, index-based strategy, allocating at least 80% of its assets to securities in the benchmark. Notable features include a highly competitive, low expense ratio and no minimum investment requirement, making it accessible to a wide range of investors. Its diversified portfolio consists of over 800 holdings, with approximately 6–7% of assets concentrated in the top ten positions. The fund distributes dividends semi-annually and capital gains annually. As a core holding in many investment portfolios, Fidelity Flex Mid Cap Index Fund plays a significant role in offering broad mid-cap market exposure, helping to balance risk and return within diversified strategies.

• Fund Family: Fidelity
• Category: Mid-Cap Blend
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: FLAPX
• Index: Russell MidCap TR

Performance

FLAPX had a total return of 28.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.39%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
SWMCX	Schwab	Schwab ® U.S. Mid-Cap Index Fund	0.04%

Top 10 Holdings

6.45% of assets

Name	Symbol	Weight
Astera Labs, Inc.	ALAB	1.46%
MKS Inc.	MKSI	0.68%
nVent Electric plc	NVT	0.62%
Sterling Infrastructure, Inc.	STRL	0.59%
Everpure, Inc.	P	0.56%
Moderna, Inc.	MRNA	0.55%
Affirm Holdings, Inc.	AFRM	0.54%
Reddit, Inc.	RDDT	0.51%
Lattice Semiconductor Corporation	LSCC	0.48%
RBC Bearings Incorporated	RBC	0.46%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 20, 2024	$0.149	Dec 23, 2024
Jun 28, 2024	$0.053	Jul 1, 2024
Dec 15, 2023	$0.271	Dec 18, 2023
Jun 23, 2023	$0.056	Jun 26, 2023
Dec 16, 2022	$0.185	Dec 19, 2022
Jun 24, 2022	$0.076	Jun 27, 2022

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Aug 22, 2026

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