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.

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 range39.63 – 39.91
Net asset value (NAV)41.27 (07/01/2022)
Daily volume21,841
Average volume (3 months)119,213
Data as of 10:41am ET, 07/05/2022

Peer Comparisonvs. Natural resources ETFs

 FMATCategory
Performance 5-yr return+7.81%+11.80%
Expense Gross exp ratio0.08%1.06%
Risk 5 year sharpe ratio0.600.56
Net assets$529.9M$1.1B
Average market cap$27.9B$27.1B
Average P/E14.512.3
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 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
LIN Linde PLC12.99%
SHW Sherwin-Williams Co5.21%
FCX Freeport-McMoRan Inc4.48%
APD Air Products and Chemicals Inc4.25%
NEM Newmont Corporation4.22%
DOW Dow Chemical3.92%
CTVA Corteva Inc3.56%
ECL Ecolab Inc3.30%
NUE Nucor Corp2.95%
DD Dupont De Nemours Inc2.74%