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

If you're interested in broad exposure to the Materials - Broad segment of the equity market, look no further than the Fidelity MSCI Materials Index ETF (FMAT), a passively managed exchange traded fund launched on October 21, 2013.

Zacks Investment Research • Dec 4, 2025

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.

Zacks Investment Research • Oct 28, 2024

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.

Seeking Alpha • Sep 16, 2024

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.

Zacks Investment Research • Jul 23, 2024

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.

Seeking Alpha • Jun 16, 2024

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.

Zacks Investment Research • Apr 18, 2024

FMAT: Materials Sector Dashboard For March

The construction materials industry has the best value and quality scores in the sector. Fidelity MSCI Materials Index ETF is an alternative to XLB. Two materials stocks were cheaper than their peers in March 2024.

Seeking Alpha • Mar 14, 2024

FMAT: Materials Dashboard For October

The construction materials industry has the best value and quality scores in the sector. Mining/metals still is the most overvalued sub-sector, despite a significant improvement in the last month. Fidelity® MSCI Materials Index ETF is an alternative to XLB.

Seeking Alpha • Oct 16, 2023

FMAT: Materials Dashboard For July

he most attractive subsector regarding value and quality scores is construction materials. No subsector is significantly overpriced relative to the historical baseline. FMAT, an alternative to XLB.

Seeking Alpha • Jul 16, 2023

FMAT: Materials Dashboard For April

All subsectors have good value and quality scores. Construction materials and mining/metals are the most attractive ones.

Seeking Alpha • Apr 14, 2023