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FMAT ETF · Fidelity MSCI Materials Index ETF
The FMAT Exchange Traded Fund (ETF) is provided by Fidelity. It is built to track an index: MSCI USA IMI Materials 25/50. The FMAT ETF provides physical exposure, so by buying it you actually own parts of all the 104 underlying holdings. This share class generates a stream of income by distributing dividends.
Last update Yesterday at 1:30 PM UTC
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This fund is part ofUS Materials1M perf.+10.92%
Last price
$60.41
1M perf.
+9.28%
1M flows
+€48M
AuM
€521M
E/R
0.08%
Rating
ESG Consensus®
FMAT
$60.41
Performance & flows
Segment for quartile rank
January 23, 2026 → April 23, 2026
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FMAT
$59.94
+1.66%
US Materials
-0.30%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | +9.28%  | +1.66% | +32.08% | +38.30% | +41.17% | +3.94% | +3.94% | +13.28%  | |
| Flows |
Key fund info
Segment for quartile rank
This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
More details
NAV
4/23/2026
$59.94
1D NAV change
-0.40%
Dividend policy
Replication method
Direct (Physical)
Replication model
Optimized sampling
No. of holdings
104
Inception date
10/21/2013
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Fund
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Investment strategy
Seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Materials Index. Investing 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 Index, which represents the performance of the materials sector in the U.S. equity market. Using a representative sampling indexing strategy to manage the fund. “Representative sampling" is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to the index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the index. The fund may or may not hold all of the securities in the MSCI USA IMI Materials Index.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile
Segment for quartile rank
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +1.66% | +32.08% | +38.30% | +41.17% |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise
Exposure
Countries
USA
72.74%
Ireland
21.62%
Switzerland
1.85%
Netherlands
1.35%
Jersey
1.24%
Unavailable
0.26%
Other
0.94%
Sectors
Materials
77.83%
Unavailable
22.17%
Diversification
Total weight of top 15 holdings out of 104
Top 15 holdings
Data as of March 31, 2026
IE000S9YS762
NEWMONT CORP
FREEPORT-MCMORAN INC
SHERWIN WILLIAMS
CRH PLC
ECOLAB
AIR PRODUCTS AND CHEMICALS
CORTEVA INC
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NUCOR
VULCAN MATERIALS
MARTIN MARIETTA
DOW INC
CH1430134226
STEEL DYNAMICS
PPG INDUSTRIES
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More risk metrics are available, exclusively in Trackinsight Enterprise
Sustainability
Integrates ESG criteria
No
SDG
ESG Consensus® by Conser
Data as of February 27, 2026
MethodologyOur partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about FMAT ETF's sustainability, based on their methodology.
ESG Consensus®
ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.
FMAT’s has a Final Sustainability Grade of either C+, C, C-, or D.
A+
A
A-
B+
B
B-
C+
C
C-
D
This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight EnterpriseHoldings review
62.93% of holdings have positive scoring
37.33% of holdings have negative scoring
39.75%
20.38%
12.80%
20.50%
Consensus levels
Strong
Medium
Weak
More sustainability metrics are available, exclusively in Trackinsight Enterprise
Replication
Trackinsight replication rating:
1-year trailing difference
As of March 31, 2026
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FMAT
N/A
Replication quality
Calculated over 12m, as of March 31, 2026
Tracking error
Tracking difference
1-year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Replication information
Index
Index ticker
Index dividend policy
Replication method
Replication model
Issuer
Fidelity
Fidelity ID Card
Number of funds
199
Total AuM
€187.07B
Expense ratio range
0.05% - 1.5%
Average expense ratio
0.4301%
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Frequently asked questions about FMAT
What does Fidelity MSCI Materials Index ETF, FMAT, invest in?
FMAT is a Passive ETF. This ETF provides exposure to US Materials Equities.
Which benchmark or index does FMAT replicate?
FMAT tracks the MSCI USA IMI Materials 25/50 - USD, through a optimized sampling replication method.
What is the Total Expense ratio (TER) of FMAT?
FMAT carries a total expense ratio (TER) of 0.08%, indicating the annual cost for holding the fund.
When was FMAT launched?
FMAT was introduced to the market on October 21, 2013. It trades on United States
Who is the ETF issuer of FMAT?
Fidelity MSCI Materials Index ETF, FMAT, is provided by Fidelity. Learn more about Fidelity here.
What is the current assets under management (AUM) of FMAT?
FMAT oversees €521M in assets as of April 23, 2026.
How has FMAT performed lately?
Based on data from April 23, 2026, FMAT returned 9.28% over the past month, 1.66% over the last three months and 13.28% year-to-date.
What are the latest inflows or outflows for FMAT?
As of April 23, 2026, FMAT recorded net flows of +€48M over the last month and +€79M year-to-date.
Does FMAT distribute dividends?
FMAT follows a distributing dividend policy, meaning it pays out income to investors. As of April 23, 2026, its 12-month trailing yield was 1.41%.
What are the main country or region exposures of FMAT?
As of March 31, 2026, FMAT has significant geographic allocations in USA, Ireland and Switzerland.
In which sector or theme does FMAT invest in?
As of March 31, 2026, FMAT focuses largely on Materials.
How many securities does FMAT hold and how diversified is it?
As of March 31, 2026, FMAT holds 104 positions in its portfolio, with 64.84% of assets concentrated in its top 15 holdings.
What are the main positions in FMAT?
As of March 31, 2026, FMAT top three holdings include IE000S9YS762, NEWMONT CORP and FREEPORT-MCMORAN INC.
What is the base currency of FMAT?
The base currency of FMAT is USD.
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