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.

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 range49.07 – 49.62
Net asset value (NAV)49.57 (01/14/2022)
Daily volume26,881
Average volume (3 months)82,119
Data as of 4:00pm ET, 01/14/2022

Peer Comparisonvs. Natural resources ETFs

 FMATCategory
Performance 5-yr return+12.99%+10.57%
Expense Gross exp ratio0.08%1.12%
Risk 5 year sharpe ratio0.720.56
Net assets$528.5M$958.7M
Average market cap$30.5B$25.5B
Average P/E18.516.8
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 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
LIN Linde PLC13.24%
SHW Sherwin-Williams Co6.52%
APD Air Products and Chemicals Inc4.99%
FCX Freeport-McMoRan Inc4.53%
ECL Ecolab Inc4.47%
NEM Newmont Corporation3.67%
DOW Dow Chemical3.13%
DD Dupont De Nemours Inc3.13%
PPG PPG Industries3.03%
IFF International Flavors & Fragrances Inc2.78%