Morningstar® Investment Profile™   Morningstar® Disclosure   Format for Print Fidelity VIP Extended Mkt Indx Initial Release date as of 2024-03-31. Data on page is subject to change. Snapshot Ratings & Risk Portfolio Nuts & Bolts

Morningstar Report Overall Morningstar Rating™ What is this? As of 2024-03-31 Out of 584 Small Blend Funds Morningstar® Style Box™ What is this? As of 2024-02-29 Total Fund Assets ($ Mil) 240.19 View Historical Morningstar Star Ratings and Definitions

Investment Objective & Strategy   The investment seeks to provide investment results that correspond to the total return of stocks of mid- to small-capitalization U.S. companies. The fund normally invests at least 80% of assets in common stocks included in the Fidelity U.S. Extended Investable Market Index℠, which is a float-adjusted market capitalization-weighted index designed to reflect the performance of U.S. mid- and small-cap stocks.

Morningstar Category: Small Blend Small-blend portfolios favor U.S. firms at the smaller end of the market-capitalization range. Some aim to own an array of value and growth stocks while others employ a discipline that leads to holdings with valuations and growth rates close to the small-cap averages. Stocks in the bottom 10% of the capitalization of the U.S. equity market are defined as small cap. The blend style is assigned to portfolios where neither growth nor value characteristics predominate.

Investment Risks Small Cap Funds: Smaller companies typically have higher risk of failure, and are not as well established as larger blue-chip companies. Historically, the smaller company stocks have experienced a greater degree of market volatility than the overall market average.

Portfolio Profile Asset Allocation % of Net Assets U.S. Stocks 97.7 Non-U.S. Stocks 1.2 Bonds 0.0 Cash 1.0 Other 0.0 Data through 2024-02-29 Morningstar Equity Sectors % of Stocks Cyclical 40.13 Basic Materials 3.77 Consumer Cyclical 14.29 Financial Services 14.97 Real Estate 7.10 Sensitive 41.51 Communication Services 2.59 Energy 4.72 Industrials 19.16 Technology 15.04 Defensive 18.37 Consumer Defensive 3.98 Healthcare 11.95 Utilities 2.44 Data through 2024-02-29 Holding Status Total Number of Stock Holdings 2104 Total Number of Bond Holdings 0 % of Net Assets in Top 10 Holdings 5.40 Turnover % (as of 2023-12-31) 80.00 30 Day SEC Yield % --- Top Holdings Sector P/E % of Net Assets Fidelity Cash Central Fund --- --- 0.91 E-mini S&P MidCap 400 Future Mar 24 --- --- 0.75 Super Micro Computer Inc 79.03 0.68 Coinbase Global Inc Ordinary Shares - Class A 716.54 0.59 E-mini Russell 2000 Index Future Mar 24 --- --- 0.54 Builders FirstSource Inc 17.47 0.41 Vertiv Holdings Co Class A 68.63 0.40 Deckers Outdoor Corp 34.02 0.39 Ares Management Corp Ordinary Shares - Class A 54.95 0.38 Hubbell Inc 29.54 0.35 Data through 2024-02-29

Principal Risks    Lending, Loss of Money, Not FDIC Insured, Index Correlation/Tracking Error, Issuer, Market/Market Volatility, Equity Securities, Passive Management, Small Cap, Mid-Cap Show Risk Definitions

Other Information Inception Date: 2018-04-17 Portfolio Manager(s) Louis Bottari   (2018-04-17) Mr. Bottari has worked as an assistant portfolio manager, portfolio manager, and senior portfolio manager with Geode since May 2008. In addition to his portfolio management responsibilities, he is responsible for quantitative research and new product development. Prior to joining Geode, Bottari was employed by Fidelity in 1991 and served as an Assistant Portfolio Manager with Pyramis Global Advisors from 2005 to 2008. Payal Kapoor Gupta   (2019-06-30) Payal Gupta joined Geode in 2019, Ms. Gupta has worked as a portfolio manager. Prior to joining Geode, Ms. Gupta worked at State Street Global Advisors from 2005 to 2019, most recently as senior portfolio manager. Before joining SSGA in 2005, she worked as an analyst at Concentra Integrated Services and at Morgan Stanley. Ms. Gupta holds an MBA with specialization in Investments and Information Systems from Northeastern University and a Bachelor of Science in Information Technology from Bay Path University. Peter Matthew   (2018-04-17) Since joining Geode in 2007, Mr. Matthew has worked as a senior operations associate, portfolio manager assistant, and assistant portfolio manager. Prior to joining Geode, Mr. Matthew was employed by eSecLending from 2005 to 2007 and by State Street Corporation from 2001 to 2005. Navid Sohrabi   (2019-08-31) Navid Sohrabi is portfolio manager of Geode Capital Management, LLC. Since joining Geode in 2019, Mr. Sohrabi has worked as a portfolio manager. Prior to joining Geode, Mr. Sohrabi worked at DWS, most recently as an index portfolio manager. Mr. Sohrabi was Vice President with Deutsche Asset Management and has served as a Portfolio Manager and quantitative multi-asset strategist in the Passive Asset Management business since 2015. Prior to joining Deutsche Bank, Mr. Sohrabi served as a derivatives trader for several institutional asset managers and commodity trading advisors where he developed and managed systematic risk and trading strategies in equities, options, fx and futures. Mr. Sohrabi earned a BA in neurobiology from the University of California, Berkley, and a Masters of Financial Engineering from the Anderson School of Management at the University of California, Los Angeles and is a CFA charterholder. Robert Regan   (2018-04-17) Robert Regan is a Portfolio Manager. He has been with Geode since 2016. Prior to joining Geode, Mr. Regan was a Senior Implementation Portfolio Manager at State Street Global Advisors from 2008 to 2016. Previously, Mr. Regan was employed by PanAgora Asset Management from 1997 to 2008, most recently as a Portfolio Manager. Mr. Regan began his career at Investors Bank and Trust. Investment Advisor(s) Fidelity Management & Research Company LLC Issuer Fidelity Investments Subadvisor(s) Geode Capital Management, LLC

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