Fidelity MSCI Materials Index ETF (FMAT)
| 45.99 Delayed Data As of Nov 25 |  -0.10 / -0.22%Today’s Change | 37.43 Today|||52-Week Range 51.43 | -8.64% 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
No recent news for Fidelity MSCI Materials Index ETF.
Performance
| 1 month | +10.99% | 3 years | +13.55% | |
| 3 months | +1.66% | 5 years | +8.28% | |
| 1 year | -4.46% | Since inception | +8.85% |
Data through 11/26/2022
Quote Details
| Previous close | $46.09 |
| Open day’s range | 45.99 – 46.05 |
| Net asset value (NAV) | 46.06 (11/25/2022) |
| Daily volume | 1 |
| Average volume (3 months) | 52,721 |
Data as of 12:56pm ET, 11/25/2022
Peer Comparisonvs. Natural resources ETFs
| FMAT | Category | |
|---|---|---|
| Performance 5-yr return | +8.28% | +5.43% |
| Expense Gross exp ratio | 0.08% | 1.03% |
| Risk 5 year sharpe ratio | 0.32 | 0.36 |
| Net assets | $414.4M | $849.5M |
| Average market cap | $23.9B | $24.4B |
| Average P/E | 12.7 | 10.0 |
| Dividend / Share | -- | 0.36% |
Competitors
| VAW Vanguard Materials Index Fund ETF Shares |
| RTM Invesco S&P 500® Equal Weight Materials... |
| XLB Materials Select Sector SPDR® Fund |
Holdings
Top 5 SectorsPortfolio weighting
| Business service | -- |
| Consumer goods | -- |
| Consumer service | -- |
| Energy | -- |
| Financial service | -- |
Top 10 HoldingsPortfolio weighting
| LIN Linde PLC | 13.57% |
| SHW Sherwin-Williams Co | 5.05% |
| APD Air Products and Chemicals Inc | 5.04% |
| CTVA Corteva Inc | 4.29% |
| FCX Freeport-McMoRan Inc | 4.17% |
| ECL Ecolab Inc | 3.67% |
| NUE Nucor Corp | 3.17% |
| DOW Dow Chemical | 3.09% |
| NEM Newmont Corporation | 3.05% |
| ALB Albemarle Corp | 2.98% |
