Fidelity MSCI Materials Index ETF (FMAT)
| 49.58 BATS BZX Real-Time Price As of Jan 14 |  0.00 / 0.00%Today’s Change | 38.77 Today|||52-Week Range 51.39 | -1.51% 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
| Top-Ranked Material ETFs to Bet on This Year Jan 05 / Zacks.com - Paid Partner Content |
Performance
| 1 month | +2.54% | 3 years | +21.40% | |
| 3 months | +6.30% | 5 years | +12.99% | |
| 1 year | +18.90% | Since inception | +10.60% |
Data through 01/15/2022
Quote Details
| Previous close | $49.58 |
| Open day’s range | 49.07 – 49.62 |
| Net asset value (NAV) | 49.57 (01/14/2022) |
| Daily volume | 26,881 |
| Average volume (3 months) | 82,119 |
Data as of 4:00pm ET, 01/14/2022
Peer Comparisonvs. Natural resources ETFs
| FMAT | Category | |
|---|---|---|
| Performance 5-yr return | +12.99% | +10.57% |
| Expense Gross exp ratio | 0.08% | 1.12% |
| Risk 5 year sharpe ratio | 0.72 | 0.56 |
| Net assets | $528.5M | $958.7M |
| Average market cap | $30.5B | $25.5B |
| Average P/E | 18.5 | 16.8 |
| Dividend / Share | -- | 0.44% |
Competitors
| VAW Vanguard Materials Index Fund ETF Shares |
| FIW First Trust Water ETF |
| MXI iShares Global Materials ETF |
Holdings
Top 5 SectorsPortfolio weighting
| Business service | -- |
| Consumer goods | -- |
| Consumer service | -- |
| Energy | -- |
| Financial service | -- |
Top 10 HoldingsPortfolio weighting
| LIN Linde PLC | 13.24% |
| SHW Sherwin-Williams Co | 6.52% |
| APD Air Products and Chemicals Inc | 4.99% |
| FCX Freeport-McMoRan Inc | 4.53% |
| ECL Ecolab Inc | 4.47% |
| NEM Newmont Corporation | 3.67% |
| DOW Dow Chemical | 3.13% |
| DD Dupont De Nemours Inc | 3.13% |
| PPG PPG Industries | 3.03% |
| IFF International Flavors & Fragrances Inc | 2.78% |
