FCTDX — Strategic Advisers Fidelity U.S. Total Stock Fund
Data updated: 2026-08-12
FCTDX — Strategic Advisers Fidelity U.S. Total Stock Fund. 0.28% expense ratio · since 2018. Holdings, fees, performance and SEC filings.
FCTDX Fund Overview
FCTDX — Strategic Advisers Fidelity U.S. Total Stock Fund is a US mutual fund managed by Fidelity Rutland Square Trust II, categorised as United States Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Fidelity Rutland Square Trust II
- Category: United States Large Cap Blend / Core Equity
- Assets under management: $250.61B
- 1-year return: 31.6%
- Ticker: FCTDX
- SEC CIK: 0001364924
- SEC series ID: S000061481
- Share class ID: C000199108
FCTDX Investment Objective and Strategy
Strategic Advisers Fidelity U.S. Total Stock Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Fidelity Rutland Square Trust II.
Investment objective
The fund seeks capital appreciation.
Principal investment strategy
"Normally investing at least 80% of its assets in U.S. common stocks and in shares of other U.S. common stock funds. Investing in domestic and foreign issuers. Investing in either ""growth"" stocks or ""value"" stocks or both. Implementing investment strategies by investing directly in securities through one or more managers (sub-advisers) or indirectly in securities through one or more other funds, referred to as underlying funds, which in turn invest directly in securities (as described below). Allocating assets among underlying Fidelity funds and sub-advisers. Allocating assets among underlying funds using proprietary fundamental and quantitative fund research, considering factors including fund performance, a fund manager's experience and investment style, fund company infrastructure, and fund characteristics such as expense ratio, asset size, and portfolio turnover.
Allocating assets among sub-advisers considering factors including, but not limited to, a sub-adviser's investment approach, the characteristics of a sub-adviser's typical investment portfolio, and a sub-adviser's performance patterns in different market environments. Pursuant to an exemptive order granted by the Securities and Exchange Commission (SEC), Strategic Advisers LLC (Strategic Advisers) is permitted, subject to the approval of the Board of Trustees, to enter into new or amended sub-advisory agreements with one or more unaffiliated sub-advisers without obtaining shareholder approval of such agreements. Subject to oversight by the Board of Trustees, Strategic Advisers has the ultimate responsibility to oversee the funds sub-advisers and recommend their hiring, termination, and replacement.
In the event the Board of Trustees approves a sub-advisory agreement with a new unaffiliated sub-adviser, shareholders will be provided with information about the new sub-adviser and sub-advisory agreement."
FCTDX Holdings
Top 10 holdings of Strategic Advisers Fidelity U.S. Total Stock Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Fidelity Mt. Vernon Street Trust | 10.54% |
| Fidelity Salem Street Trust | 10.34% |
| Fidelity Salem Street Trust | 5.25% |
| Fidelity Magellan Fund | 3.81% |
| Fidelity Securities Fund | 3.59% |
| NVIDIA Corp. | 3.30% |
| Fidelity Salem Street Trust | 3.00% |
| Apple, Inc. | 2.23% |
| Amazon.com, Inc. | 1.96% |
| Microsoft Corp. | 1.90% |
FCTDX Portfolio Allocation
Asset-class allocation of Strategic Advisers Fidelity U.S. Total Stock Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.1% |
| Cash & Equivalents | 1.8% |
| Fixed Income | 0.7% |
| Securitized | 0.2% |
| Derivatives | 0.1% |
FCTDX Performance
Total returns for FCTDX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 12.65% |
| 1 year | 31.61% |
| 3 years (annualised) | 23.93% |
| 5 years (annualised) | 13.37% |
FCTDX Risk Information
Risk metrics for FCTDX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 12.94%
FCTDX Costs and Fees
FCTDX costs about $28 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.28%
- Gross expense ratio: 0.53%
- Portfolio turnover: 37%
- Brokerage commissions: 1.29 bps of average net assets (SEC N-CEN)
FCTDX Cashflows
Over the 12 months to 2026-05, Strategic Advisers Fidelity U.S. Total Stock Fund had net inflows of $46.30B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | −$2.41B |
| 2026-04 | $3.84B |
| 2026-03 | $4.67B |
| 2026-02 | $6.82B |
| 2026-01 | $4.31B |
| 2025-12 | $7.32B |
FCTDX Debt Constituents
Largest debt holdings of Strategic Advisers Fidelity U.S. Total Stock Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Ust Notes | 0.07% |
| Ust Notes | 0.07% |
| Ust Notes | 0.06% |
| Ust Bills | 0.04% |
| Ust Notes | 0.04% |
| Ust Bills | 0.03% |
| Morgan Stanley | 0.00% |
| Natwest Group PLC | 0.00% |
| Aercap Ireland Capital Dac / Aercap Global Aviation Trust | 0.00% |
| Truist Financial Corp. | 0.00% |
FCTDX Prospectus and SEC Filings
Official Strategic Advisers Fidelity U.S. Total Stock Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-07-27
- Prospectus (485BPOS) — filed 2025-07-25
- Prospectus (485BPOS) — filed 2024-07-25
- Portfolio holdings (N-PORT) — filed 2026-07-24
- Portfolio holdings (N-PORT) — filed 2026-04-24
- Portfolio holdings (N-PORT) — filed 2026-01-23
- Annual census (N-CEN) — filed 2026-08-12
- Annual census (N-CEN) — filed 2025-08-13
Related Funds
Other United States Large Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.