Fidelity Small Cap Growth Index Fund

FECGX · NASDAQ

Market closed$36.41$-0.030000 (-0.08%)

Key statistics

Previous close$36.44
Open$36.41
Day high$36.41
Day low$36.41
52-week high$38.08
52-week low$27.51
Market cap1.56B
Volume
Average volume
P/E ratio
Forward P/E
EPS
Dividend yield0.00%

Market context

Why it moved

FECGX edged slightly lower amid broadly subdued trading activity, with negligible volume suggesting minimal investor engagement and the marginal decline likely reflecting routine fund valuation adjustments rather than any specific market-moving event.

What is happening

Recent company-specific developments and publisher coverage.

July 17, 2026Fidelity Small Cap Growth Index Fund declined amid a broad equity selloff led by technology and semiconductor stocks, with the Nasdaq falling roughly 1.47% on the session. The fund's small-cap growth exposure faced headwinds as a TSMC spending forecast spooked chip investors, triggering a semiconductor-led rout that rippled through growth-oriented equities and overshadowed the otherwise strong Q2 earnings season from major financial institutions including Goldman Sachs, BlackRock, and BNY.

-1.4614

July 16, 2026Fidelity Small Cap Growth Index Fund declined modestly after-hours, retreating alongside broad equity weakness as the Nasdaq and S&P 500 closed lower on tech sector drag. While financials broadly benefited from a blockbuster Q2 earnings season—with Wall Street banks reporting surging trading revenue, record dealmaking fees, and State Street beating estimates—small-cap growth names faced pressure as tech stocks weighed on sentiment. Morningstar flagged concerns over AI disruption and private credit cracks in the financial services sector, even as the broader financial ETF IYG hit a new 52-week high.

-1.2466

July 15, 2026Fidelity Small Cap Growth Index Fund edged higher, benefiting from a broadly constructive financial services backdrop as major asset managers and Wall Street banks delivered strong Q2 results. BlackRock beat Q2 estimates with iShares surpassing $6 trillion in assets, while Goldman Sachs, Morgan Stanley, and BNY all topped forecasts on record trading and dealmaking revenues. A softer-than-expected June CPI reading (3.5% vs. 3.8% expected) further supported risk appetite and reduced near-term Fed rate hike fears, lifting growth-oriented small caps alongside the broader market.

0.9287

July 13, 2026Fidelity Small Cap Growth Index Fund declined notably as broad risk-off sentiment gripped markets, with U.S.-Iran military escalation sending oil prices surging past $79/barrel and weighing on growth-oriented small-cap equities. The fund's growth-focused small-cap holdings faced additional headwinds from a sharp selloff in Asian semiconductor stocks and investor caution ahead of a pivotal Q2 earnings week featuring major bank reports, U.S. inflation data, and TSMC's results — all of which could reshape expectations for the AI-driven rally that has benefited high-growth names.

-2.633

July 9, 2026Fidelity Small Cap Growth Index Fund edged higher, approaching its 52-week high, as the financial sector and broader market found footing despite ongoing U.S.-Iran geopolitical tensions that have kept oil prices and Treasury yields elevated. The fund benefited from a strong day for financial services names—Goldman Sachs surged over 3% on a landmark $70 billion pension asset management mandate win—while Q2 earnings season anticipation lifted bank stocks ahead of major reports from JPMorgan and others on July 14. Small- and mid-cap equities have been among recent market beneficiaries as investors rotate away from AI-heavy mega-caps.

0.9125

June 29, 2026Fidelity Small Cap Growth Index Fund edged modestly lower, closing down 0.32% and pulling back slightly from its 52-week high of $38.06, as small-cap growth stocks faced headwinds from a volatile macro backdrop. Markets rebounded intraday after the U.S. and Iran agreed to halt tit-for-tat strikes in the Strait of Hormuz, easing geopolitical risk, though tech-driven selling from the prior week continued to weigh on growth-oriented funds. With S&P 500 Q2 earnings growth expectations running at +23.7% and leadership rotating away from mega-cap tech toward broader market exposure, investor sentiment around small-cap growth remains cautiously optimistic but sensitive to rate and macro developments.

-0.3173

June 26, 2026Fidelity Small Cap Growth Index Fund closed essentially flat, holding near its 52-week high as a volatile week for growth-oriented equities weighed on investor sentiment. A sharp tech-led selloff—triggered by AI valuation concerns, Apple's price hikes citing higher memory costs, and OpenAI's reported IPO delay to 2027—pressured small-cap growth stocks, which carry significant exposure to technology and AI-adjacent names. Meanwhile, the broader macro backdrop remains mixed, with the Fed under Chair Kevin Warsh signaling a hawkish stance and Jeremy Grantham warning that AI-driven enthusiasm has pushed U.S. equities to stretched valuations.

-0.0266

June 25, 2026Fidelity Small Cap Growth Index Fund edged higher, approaching its 52-week high, as sentiment shifted following a strong Micron Technology earnings report that sparked a broad tech and semiconductor rally and lifted growth-oriented small-cap names. The fund benefited from improving risk appetite after a turbulent week marked by a global chip sell-off and AI valuation concerns, with futures for the Nasdaq surging over 2% overnight on Micron's blowout results and Qualcomm's raised guidance, while easing oil prices tied to progress in US-Iran Strait of Hormuz negotiations provided an additional macro tailwind for growth equities.

0.988

Business Wire · April 30, 2026Fidelity Investments® Builds out Active Enhanced ETF Suite With the Launch of Four Small, Mid Cap ETFsETF Trends · April 30, 2026Fidelity Expands Enhanced Suite With Mid- & Small-Cap ETFs

Peers