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Fidelity MSCI Materials Index ETF (FMAT)

$58.10

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Key data on FMAT

AUM

$587574596

P/E ratio

29.4

Dividend yield

1.4269%

Expense ratio

0.084%

Beta

0.974511

Price on FMAT

Previous close

$59.87

Today's open

$58.92

Day's range

$58.05 - $58.92

52 week range

$48.08 - $62.84

Profile about FMAT

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Headquarters

US

Exchange

NYSE Arca

Issue type

Exchange-Traded Fund

FMAT industries and sectors

Miscellaneous

Top holdings in FMAT
LIN:IE

LIN:IE

Linde Plc

15.66%

N1EM34:BV

N1EM34:BV

Newmont Corp

7.56%

News on FMAT

FMAT: Materials Dashboard For April

The materials sector is currently the most overpriced GICS sector, but the construction materials and packaging sub-sectors are moderately overvalued versus 11-year averages. Mining/metals show the worst value score, partly offset by solid quality metrics; chemicals lag in both value and quality. FMAT offers broad, cap-weighted exposure to U.S. materials, closely matching XLB's long-term performance but with a broader portfolio.

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Seeking Alpha • Apr 15, 2026

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Global PMI: Tracking The Sectors Hit Hardest By The Middle East War

Survey data underscored how the war in the Middle East has already had a material impact on economic growth around the world. Drilling down deeper, the data showed weaker growth trends were recorded across all major industries globally.

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Seeking Alpha • Apr 12, 2026

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Should You Invest in the Fidelity MSCI Materials Index ETF (FMAT)?

Launched on October 21, 2013, the Fidelity MSCI Materials Index ETF (FMAT) is a passively managed exchange traded fund designed to provide a broad exposure to the Materials - Broad segment of the equity market.

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Zacks Investment Research • Apr 6, 2026

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Will Materials Stocks Repeat Their Strong 2025 in 2026?

Can materials stocks build on their strong momentum this year, following some positive signs in 2025? The wide universe of materials stocks offers exposure to areas ranging from gold to the A.I.

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ETF Trends • Mar 20, 2026

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FMAT: Materials Dashboard For January

Materials sector appears most overpriced among GICS sectors, with construction materials moderately overvalued and chemicals least compelling on value and quality metrics. Fidelity MSCI Materials Index ETF offers broad, capital-weighted exposure, closely mirroring XLB in valuation and long-term risk-adjusted performance. Six materials stocks cheaper than their peers starting in 2026.

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Seeking Alpha • Jan 14, 2026

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What's in Store for Materials ETFs in Q3 Earnings?

Going into the Q3 earnings season, releases from the sector giants will determine the movement of the material ETFs.

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Zacks Investment Research • Oct 28, 2024

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FMAT: Materials Stocks Offer Limited Upside

Fidelity MSCI Materials Index ETF tracks the MSCI USA IMI Materials 25/50 Index, with an expense ratio of 0.08% and $524.05 million in assets. FMAT's portfolio is concentrated in the U.S. Materials sector, with significant exposure to Linde PLC, a leader in industrial gases and clean energy innovation. The fund's forward P/E ratio of 18x is possibly fair, but FMAT's current valuation suggests limited upside without above-consensus earnings growth rates.

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Seeking Alpha • Sep 16, 2024

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What's in Store for Materials ETFs in Q2 Earnings?

Going into the Q2 earnings season, earnings releases from the sector giants will determine the movement of these funds.

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Zacks Investment Research • Jul 23, 2024

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FMAT: Strong Materials Play But A Bit Top Heavy

Investors are favoring tech over natural resources, creating opportunities in underinvested sectors like materials. Consider Fidelity MSCI Materials Index ETF for broad exposure to the materials sector with a low expense ratio. FMAT has high concentration in top 10 holdings, including Linde PLC, Sherwin-Williams, and Freeport-McMoRan Inc., with potential for economic recovery impact.

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Seeking Alpha • Jun 16, 2024

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Will Materials ETFs Gain Further as Q1 Earnings Unfold?

Going into the Q1 earnings season, earnings releases from the sector giants will determine the movement of these funds.

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Zacks Investment Research • Apr 18, 2024

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