Fidelity MSCI Materials Index ETF (FMAT)
| 39.91 BATS BZX Real-Time Price As of 10:41am ET |  -1.35 / -3.27%Today’s Change | 39.63 Today|||52-Week Range 51.43 | -20.72% Year-to-Date |
Investment Objective
The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Materials 25/50 Index. 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.
Latest FMAT News
| Should You Invest in the Fidelity MSCI Materials Index ETF (FMAT)? Jun 23 / Zacks.com - Paid Partner Content |
Performance
| 1 month | -13.04% | 3 years | +9.88% | |
| 3 months | -17.26% | 5 years | +7.81% | |
| 1 year | -9.52% | Since inception | +7.84% |
Data through 07/02/2022
Quote Details
| Previous close | $41.26 |
| Open day’s range | 39.63 – 39.91 |
| Net asset value (NAV) | 41.27 (07/01/2022) |
| Daily volume | 21,841 |
| Average volume (3 months) | 119,213 |
Data as of 10:41am ET, 07/05/2022
Peer Comparisonvs. Natural resources ETFs
| FMAT | Category | |
|---|---|---|
| Performance 5-yr return | +7.81% | +11.80% |
| Expense Gross exp ratio | 0.08% | 1.06% |
| Risk 5 year sharpe ratio | 0.60 | 0.56 |
| Net assets | $529.9M | $1.1B |
| Average market cap | $27.9B | $27.1B |
| Average P/E | 14.5 | 12.3 |
| Dividend / Share | -- | 0.44% |
Competitors
| VAW Vanguard Materials Index Fund ETF Shares |
| XLB Materials Select Sector SPDR® Fund |
| RTM Invesco S&P 500® Equal Weight Materials... |
Holdings
Top 5 SectorsPortfolio weighting
| Business service | -- |
| Consumer goods | -- |
| Consumer service | -- |
| Energy | -- |
| Financial service | -- |
Top 10 HoldingsPortfolio weighting
| LIN Linde PLC | 12.99% |
| SHW Sherwin-Williams Co | 5.21% |
| FCX Freeport-McMoRan Inc | 4.48% |
| APD Air Products and Chemicals Inc | 4.25% |
| NEM Newmont Corporation | 4.22% |
| DOW Dow Chemical | 3.92% |
| CTVA Corteva Inc | 3.56% |
| ECL Ecolab Inc | 3.30% |
| NUE Nucor Corp | 2.95% |
| DD Dupont De Nemours Inc | 2.74% |
