Actually, no. Unlike National Socialism, Fascism was not originally racist. Up until 1938, Jews were prominent in Itay's Fascist government. Then Mussolini buckled under Hitler's pressure and began removing Jews from his government and party.
Initially, Fascism was even more purely socialist than Naziism. Mussolini only started the Fascist Party because he'd been expelled from the Socialist Party in a power struggle.
Most of the members of the SA started out as Communist Party thugs, but the Nazis had better beer I guess.