diff --git a/llvm/lib/Transforms/Vectorize/SLPVectorizer.cpp b/llvm/lib/Transforms/Vectorize/SLPVectorizer.cpp
--- a/llvm/lib/Transforms/Vectorize/SLPVectorizer.cpp
+++ b/llvm/lib/Transforms/Vectorize/SLPVectorizer.cpp
@@ -200,12 +200,39 @@
          !Ty->isPPC_FP128Ty();
 }
 
+/// \returns True if the value is a constant (but not globals/constant
+/// expressions).
+static bool isConstant(Value *V) {
+  return isa<Constant>(V) && !isa<ConstantExpr>(V) && !isa<GlobalValue>(V);
+}
+
+/// Checks if \p V is one of vector-like instructions, i.e. undef,
+/// insertelement/extractelement with constant indices for fixed vector type or
+/// extractvalue instruction.
+static bool isVectorLikeInstWithConstOps(Value *V) {
+  if (!isa<InsertElementInst, ExtractElementInst>(V) &&
+      !isa<ExtractValueInst, UndefValue>(V))
+    return false;
+  auto *I = dyn_cast<Instruction>(V);
+  if (!I || isa<ExtractValueInst>(I))
+    return true;
+  if (!isa<FixedVectorType>(I->getOperand(0)->getType()))
+    return false;
+  if (isa<ExtractElementInst>(I))
+    return isConstant(I->getOperand(1));
+  assert(isa<InsertElementInst>(V) && "Expected only insertelement.");
+  return isConstant(I->getOperand(2));
+}
+
 /// \returns true if all of the instructions in \p VL are in the same block or
 /// false otherwise.
 static bool allSameBlock(ArrayRef<Value *> VL) {
   Instruction *I0 = dyn_cast<Instruction>(VL[0]);
   if (!I0)
     return false;
+  if (all_of(VL, isVectorLikeInstWithConstOps))
+    return true;
+
   BasicBlock *BB = I0->getParent();
   for (int I = 1, E = VL.size(); I < E; I++) {
     auto *II = dyn_cast<Instruction>(VL[I]);
@@ -218,12 +245,6 @@
   return true;
 }
 
-/// \returns True if the value is a constant (but not globals/constant
-/// expressions).
-static bool isConstant(Value *V) {
-  return isa<Constant>(V) && !isa<ConstantExpr>(V) && !isa<GlobalValue>(V);
-}
-
 /// \returns True if all of the values in \p VL are constants (but not
 /// globals/constant expressions).
 static bool allConstant(ArrayRef<Value *> VL) {
@@ -2700,7 +2721,11 @@
     }
 
   // If all of the operands are identical or constant we have a simple solution.
-  if (allConstant(VL) || isSplat(VL) || !allSameBlock(VL) || !S.getOpcode()) {
+  // If we deal with insert/extract instructions, they all must have constant
+  // indices, otherwise we should gather them, not try to vectorize.
+  if (allConstant(VL) || isSplat(VL) || !allSameBlock(VL) || !S.getOpcode() ||
+      (isa<InsertElementInst, ExtractValueInst, ExtractElementInst>(S.MainOp) &&
+       !all_of(VL, isVectorLikeInstWithConstOps))) {
     LLVM_DEBUG(dbgs() << "SLP: Gathering due to C,S,B,O. \n");
     newTreeEntry(VL, None /*not vectorized*/, S, UserTreeIdx);
     return;
@@ -5929,7 +5954,9 @@
 Optional<BoUpSLP::ScheduleData *>
 BoUpSLP::BlockScheduling::tryScheduleBundle(ArrayRef<Value *> VL, BoUpSLP *SLP,
                                             const InstructionsState &S) {
-  if (isa<PHINode>(S.OpValue) || isa<InsertElementInst>(S.OpValue))
+  // No need to schedule PHIs, insertelement, extractelement and extractvalue
+  // instructions.
+  if (isa<PHINode>(S.OpValue) || isVectorLikeInstWithConstOps(S.OpValue))
     return nullptr;
 
   // Initialize the instruction bundle.
@@ -6025,7 +6052,7 @@
 
 void BoUpSLP::BlockScheduling::cancelScheduling(ArrayRef<Value *> VL,
                                                 Value *OpValue) {
-  if (isa<PHINode>(OpValue) || isa<InsertElementInst>(OpValue))
+  if (isa<PHINode>(OpValue) || isVectorLikeInstWithConstOps(OpValue))
     return;
 
   ScheduleData *Bundle = getScheduleData(OpValue);
@@ -6065,8 +6092,9 @@
     return true;
   Instruction *I = dyn_cast<Instruction>(V);
   assert(I && "bundle member must be an instruction");
-  assert(!isa<PHINode>(I) && !isa<InsertElementInst>(I) &&
-         "phi nodes/insertelements don't need to be scheduled");
+  assert(!isa<PHINode>(I) && !isVectorLikeInstWithConstOps(I) &&
+         "phi nodes/insertelements/extractelements/extractvalues don't need to "
+         "be scheduled");
   auto &&CheckSheduleForI = [this, &S](Instruction *I) -> bool {
     ScheduleData *ISD = getScheduleData(I);
     if (!ISD)
@@ -6336,7 +6364,7 @@
   for (auto *I = BS->ScheduleStart; I != BS->ScheduleEnd;
        I = I->getNextNode()) {
     BS->doForAllOpcodes(I, [this, &Idx, &NumToSchedule, BS](ScheduleData *SD) {
-      assert((isa<InsertElementInst>(SD->Inst) ||
+      assert((isVectorLikeInstWithConstOps(SD->Inst) ||
               SD->isPartOfBundle() == (getTreeEntry(SD->Inst) != nullptr)) &&
              "scheduler and vectorizer bundle mismatch");
       SD->FirstInBundle->SchedulingPriority = Idx++;
diff --git a/llvm/test/Transforms/SLPVectorizer/X86/remark_extract_broadcast.ll b/llvm/test/Transforms/SLPVectorizer/X86/remark_extract_broadcast.ll
--- a/llvm/test/Transforms/SLPVectorizer/X86/remark_extract_broadcast.ll
+++ b/llvm/test/Transforms/SLPVectorizer/X86/remark_extract_broadcast.ll
@@ -6,16 +6,8 @@
 ; CHECK-LABEL: @fextr(
 ; CHECK-NEXT:  entry:
 ; CHECK-NEXT:    [[LD:%.*]] = load <8 x i16>, <8 x i16>* undef, align 16
-; CHECK-NEXT:    [[V0:%.*]] = extractelement <8 x i16> [[LD]], i32 0
 ; CHECK-NEXT:    br label [[T:%.*]]
 ; CHECK:       t:
-; CHECK-NEXT:    [[V1:%.*]] = extractelement <8 x i16> [[LD]], i32 1
-; CHECK-NEXT:    [[V2:%.*]] = extractelement <8 x i16> [[LD]], i32 2
-; CHECK-NEXT:    [[V3:%.*]] = extractelement <8 x i16> [[LD]], i32 3
-; CHECK-NEXT:    [[V4:%.*]] = extractelement <8 x i16> [[LD]], i32 4
-; CHECK-NEXT:    [[V5:%.*]] = extractelement <8 x i16> [[LD]], i32 5
-; CHECK-NEXT:    [[V6:%.*]] = extractelement <8 x i16> [[LD]], i32 6
-; CHECK-NEXT:    [[V7:%.*]] = extractelement <8 x i16> [[LD]], i32 7
 ; CHECK-NEXT:    [[P0:%.*]] = getelementptr inbounds i16, i16* [[PTR:%.*]], i64 0
 ; CHECK-NEXT:    [[P1:%.*]] = getelementptr inbounds i16, i16* [[PTR]], i64 1
 ; CHECK-NEXT:    [[P2:%.*]] = getelementptr inbounds i16, i16* [[PTR]], i64 2
@@ -24,18 +16,12 @@
 ; CHECK-NEXT:    [[P5:%.*]] = getelementptr inbounds i16, i16* [[PTR]], i64 5
 ; CHECK-NEXT:    [[P6:%.*]] = getelementptr inbounds i16, i16* [[PTR]], i64 6
 ; CHECK-NEXT:    [[P7:%.*]] = getelementptr inbounds i16, i16* [[PTR]], i64 7
-; CHECK-NEXT:    [[TMP0:%.*]] = insertelement <8 x i16> poison, i16 [[V0]], i32 0
-; CHECK-NEXT:    [[TMP1:%.*]] = insertelement <8 x i16> [[TMP0]], i16 [[V1]], i32 1
-; CHECK-NEXT:    [[TMP2:%.*]] = insertelement <8 x i16> [[TMP1]], i16 [[V2]], i32 2
-; CHECK-NEXT:    [[TMP3:%.*]] = insertelement <8 x i16> [[TMP2]], i16 [[V3]], i32 3
-; CHECK-NEXT:    [[TMP4:%.*]] = insertelement <8 x i16> [[TMP3]], i16 [[V4]], i32 4
-; CHECK-NEXT:    [[TMP5:%.*]] = insertelement <8 x i16> [[TMP4]], i16 [[V5]], i32 5
-; CHECK-NEXT:    [[TMP6:%.*]] = insertelement <8 x i16> [[TMP5]], i16 [[V6]], i32 6
-; CHECK-NEXT:    [[TMP7:%.*]] = insertelement <8 x i16> [[TMP6]], i16 [[V7]], i32 7
-; CHECK-NEXT:    [[SHUFFLE:%.*]] = shufflevector <8 x i16> [[TMP0]], <8 x i16> poison, <8 x i32> <i32 0, i32 undef, i32 0, i32 0, i32 0, i32 0, i32 0, i32 0>
-; CHECK-NEXT:    [[TMP8:%.*]] = add <8 x i16> [[TMP7]], [[SHUFFLE]]
-; CHECK-NEXT:    [[TMP9:%.*]] = bitcast i16* [[P0]] to <8 x i16>*
-; CHECK-NEXT:    store <8 x i16> [[TMP8]], <8 x i16>* [[TMP9]], align 2
+; CHECK-NEXT:    [[TMP0:%.*]] = extractelement <8 x i16> [[LD]], i32 0
+; CHECK-NEXT:    [[TMP1:%.*]] = insertelement <8 x i16> poison, i16 [[TMP0]], i32 0
+; CHECK-NEXT:    [[SHUFFLE:%.*]] = shufflevector <8 x i16> [[TMP1]], <8 x i16> poison, <8 x i32> <i32 0, i32 undef, i32 0, i32 0, i32 0, i32 0, i32 0, i32 0>
+; CHECK-NEXT:    [[TMP2:%.*]] = add <8 x i16> [[LD]], [[SHUFFLE]]
+; CHECK-NEXT:    [[TMP3:%.*]] = bitcast i16* [[P0]] to <8 x i16>*
+; CHECK-NEXT:    store <8 x i16> [[TMP2]], <8 x i16>* [[TMP3]], align 2
 ; CHECK-NEXT:    ret void
 ;
 ; YAML:      Pass:            slp-vectorizer
@@ -43,7 +29,7 @@
 ; YAML-NEXT: Function:        fextr
 ; YAML-NEXT: Args:
 ; YAML-NEXT:   - String:          'Stores SLP vectorized with cost '
-; YAML-NEXT:   - Cost:            '-4'
+; YAML-NEXT:   - Cost:            '-20'
 ; YAML-NEXT:   - String:          ' and with tree size '
 ; YAML-NEXT:   - TreeSize:        '4'