Fidelity Fund Performance Q3 2025: Small Cap Funds Struggle to Match Index Gains

• , underperforming the Russell 2000® Growth Index's 12.19% gain. This highlights challenges in aligning fund strategies with broader market trends.
• , , indicating mixed results for mid-cap investments.
• The Fidelity Small Cap Value Fund's Retail Class shares returned 8.03% for the three months, , reflecting difficulties in capturing value-based opportunities in the small-cap segment.

Fidelity's small and mid-cap funds saw mixed results in Q3 2025 as the broader market continued a strong rally, particularly in growth and value indices. While the Fidelity Mid-Cap Stock Fund narrowly missed the S&P MidCap 400® Index benchmark, the Fidelity Small Cap Growth Fund faced a larger gap, returning 9.13% compared to the Russell 2000® Growth Index's 12.19%. These results suggest that market conditions and fund-specific positioning played a role in performance. Investors are now watching to see how these funds adjust their strategies to better align with market movements in the coming quarters.

Why Is Fidelity Small Cap Growth Fund Q3 2025 Performance Under the Russell 2000® Growth Index Benchmark?

. This underperformance highlights the challenges funds face in capturing the momentum of growth-oriented small-cap stocks. The index benefited from an uptrend starting in July 2025, and the fund's inability to match its performance could signal difficulties in aligning with market trends. The fund's strategy of investing in companies with strong growth potential and reasonable valuations may not have resonated with the broader market movement during the period. Investors should pay attention to how the fund adjusts its portfolio to better reflect the current market environment in the coming quarters.

Did Fidelity Mid-Cap Stock Fund Beat Its Q3 2025 Benchmark?

, . This slight underperformance suggests that the fund's strategy and stock selection may not have fully captured the rally that extended from earlier in the quarter. While U.S. stocks continued to rise, the fund's inability to fully match the index's return indicates potential challenges in navigating the broader market dynamics. Investors should closely monitor how the fund adapts to market conditions and whether it can close the performance gap in the coming quarters.

What Challenges Did Fidelity Small Cap Value Fund Face in Q3 2025?

, . This underperformance highlights the difficulties of capturing value-based opportunities in the small-cap segment. The fund's strategy is designed to seek companies that offer reasonable valuations and show potential for above-average growth. However, its inability to match the index's performance indicates that the market's momentum during the period may not have aligned with the fund's investment approach. Investors should assess the fund's adjustments in portfolio selection and positioning to better align with the current market environment.

With Q3 2025 results now in, investors are closely watching how Fidelity's small and mid-cap funds adjust their strategies to better align with market movements. The underperformance of these funds relative to their benchmarks suggests that fund managers may need to recalibrate their approaches to capture broader market trends more effectively. As the market continues to evolve, the ability of these funds to adapt will be key to their success in the coming quarters.

The performance of Fidelity's funds in Q3 2025 offers insight into the challenges and opportunities in the small and mid-cap segments. While the market saw a strong rally, particularly in growth and value indices, these funds were unable to fully match their benchmarks. Investors should continue to monitor how these funds adjust their strategies to better reflect the current market dynamics and improve their performance in the coming quarters.