Fidelity MSCI Materials Index ETF (FMAT)
- Expense ratio0.08%
- Net assets$574.0M
- Dividend yield1.46%
- 1-year return+11.69%
- Holdings103
FMAT ETF price chart
FMAT quote & trading statistics
FMAT performance
Annual returns & drawdowns →- YTD+8.82%
- 1 year+11.69%
- 3 years+12.76%/yr
- 5 years+5.40%/yr
- 10 years+9.90%/yr
- 1Y volatility
- 19.50%
- 3Y volatility
- 16.81%
- 3Y Sharpe ratio
- 0.35
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
FMAT top 10 holdings
All holdings →| # | Symbol | Name | Weight |
|---|---|---|---|
| 1 | LIN | Linde plc Ordinary Shares | 15.89% |
| 2 | NEM | Newmont Goldcorp Corp | 8.01% |
| 3 | FCX | Freeport-McMoran Copper & Gold Inc | 6.54% |
| 4 | SHW | Sherwin-Williams Co | 5.65% |
| 5 | ECL | Ecolab Inc | 5.02% |
| 6 | APD | Air Products and Chemicals Inc | 4.78% |
| 7 | NUE | Nucor Corp | 3.88% |
| 8 | CRH | CRH PLC | 3.79% |
| 9 | VMC | Vulcan Materials Company | 2.46% |
| 10 | STLD | Steel Dynamics Inc | 2.35% |
The top 10 holdings make up 58.4% of the fund (103 holdings in total). As of October 25, 2026.
About Fidelity MSCI Materials Index ETF
The fund invests at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Materials 25/50 Index, which represents the performance of the materials sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Materials 25/50 Index. The fund is non-diversified.
FMAT ETF FAQ
What is the FMAT expense ratio?
Fidelity MSCI Materials Index ETF has a net expense ratio of 0.08%, or $8.00 a year for every $10,000 invested.
How much money is in FMAT?
Fidelity MSCI Materials Index ETF has about $574.0M in net assets.
What are the top holdings of FMAT?
The largest positions in FMAT are Linde plc Ordinary Shares (15.89%), Newmont Goldcorp Corp (8.01%), Freeport-McMoran Copper & Gold Inc (6.54%). The fund holds 103 securities in total.
How has FMAT performed?
FMAT returned +11.69% over the past year and +5.40% a year over the past five years, including reinvested distributions.
Does FMAT pay dividends?
FMAT has a dividend yield of 1.46% and pays distributions quarterly.
When was FMAT launched?
Fidelity MSCI Materials Index ETF began trading on October 21, 2013.
ETFs similar to FMAT
Funds that track the same index or whose top-10 holdings overlap most with FMAT's. Overlap: shared top-10 weight as a share of the larger top-10 total of the two funds.
| Symbol | Fund | Overlap | Expense ratio | Net assets | 1-year return |
|---|---|---|---|---|---|
| FMAT | Fidelity MSCI Materials ETF | — | 0.08% | $574.0M | +11.69% |
| VAW | Vanguard Materials ETF | 92% | 0.10% | $2.93B | +11.42% |
| XLB | Materials Select Sector SPDR Fund | 82% | 0.09% | $7.98B | +16.39% |
| IYM | iShares U.S. Basic Materials ETF | 68% | 0.42% | $1.28B | +22.62% |
| UYM | ProShares Ultra Basic Materials | 62% | 0.94% | $38.1M | +29.52% |