FNCMX Mutual Fund — Fidelity NASDAQ Composite Index Fund

Fidelity NASDAQ Composite Index Fund (FNCMX)

Updated October 16, 2026.

FNCMX is a low-cost Mutual Fund. its distribution rate is 0.43%, its trailing-12-month yield is 0.46%, its expense ratio is 0.18%. Dividend Vision Distribution Safety Score™ is 94/100 (Safe). Total return is 1829.3% over the past 23.1 years, 767.6 points ahead of SPY at 1061.7%.

Fidelity NASDAQ Composite Index Fund is a mutual fund that tracks the NASDAQ Composite Index by holding a representative sample of its stocks, selected using statistical techniques that account for factors like market capitalization, industry exposure, and valuation metrics; the fund also lends securities to generate additional income. It distributes income annually at a modest rate and carries a low expense ratio of 0.18%. The fund appeals to equity investors seeking broad exposure to NASDAQ-listed companies with minimal costs.

FNCMX performance versus SPY

Price and return data through 2026-10-16.

Total return is 1829.3% over the past 23.1 years, 767.6 points ahead of SPY at 1061.7%. Over the past year its total return — price change plus distributions reinvested — is 16.5%. Its deepest 1-year drawdown was 13.0%.

FNCMX key facts

Distribution Safety Score™

94 · Safe

Safety-Adjusted Yield

0.40%

Issuer

Fidelity Investments

Asset type

Mutual Fund

Asset class

Equity

Inception date

09/25/2003

Expense ratio

0.18%

Distribution rate

0.43%

Distribution frequency

Annual

Trailing yield

0.46%

Last close

$333.05 (as of 2026-10-16)

NAV

$354.14 as of 2026-09-30; source eodhd (stale)

Premium / discount

N/A (price 2026-10-16, NAV 2026-09-30) (NAV stale)

AUM

$28,460,470,000

Average volume

0.0

Dividend

$1.517

Ex-dividend date

12/26/2025

Payment date

12/29/2025

Beta

1.3

How Dividend Vision calculates yield and returns

Distribution rate (0.43%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.46%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Fidelity Investments; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FNCMX risks and drawbacks

FNCMX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 13.0%.

Who may consider FNCMX — and who may not

FNCMX may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (FNCMX pays annual); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on FNCMX

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Tagged: Mutual Fund.

Frequently asked questions

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