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Stock impact report

Fidelity Mid Cap Index Fund Q4 2025 Commentary [Seeking Alpha]

Warner Bros. Discovery, Inc. - Series A (WBD) 
Company Research Source: Seeking Alpha
Security lending income and security misweights due to certain benchmark securities that the fund is restricted from buying were additive to overall Fund performance for the period. In the fourth quarter, the index's narrow advance was driven by the defensive-oriented health care sector, which particularly shined in November. We also seek to minimize tracking error, which measures the volatility of these return differences over a period of time. Funtap/iStock via Getty Images Fund Performance Review The fund finished the fourth quarter in line with the 0.16% gain of the benchmark, the Russell Midcap® Index. Security lending income and security misweights due to certain benchmark securities that the fund is restricted from This article was written by Quick Insights FSMDX exhibits a minimal tracking error of 0.05% and an ultra-low gross expense ratio of 0.025%, effectively mirroring the Russell Midcap Index's performance. Health care (+6%) and information technology ( Show less Read more
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