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FMAT vs FELC

Fidelity MSCI Materials Index ETF vs Fidelity Enhanced Large Cap Core ETF

FMAT

Fidelity MSCI Materials Index ETF

Fidelity Investments

Annual cost

0.08%

Fund size

$603M

FELC

Fidelity Enhanced Large Cap Core ETF

Fidelity Investments

Annual cost

0.18%

Fund size

$7.0B

Key differences

  • FMAT costs 0.10% less per year.
  • FELC is significantly larger than FMAT — larger funds tend to be more liquid and less likely to close.
  • FMAT follows a index tracking strategy; FELC uses active selection.
  • FELC has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMATFELC
Annual cost (TER)0.08%0.18%
Fund size (AUM)$603M$7.0B
Since20132007
Dividend yield1.43%0.90%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+22.0%+29.4%
CAGR 3Y+11.7%N/A
CAGR 5Y+4.9%N/A
Sharpe 3Y0.52N/A
Volatility 1Y17.69%12.06%
Max drawdown-41.11%-18.59%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to FMAT and FELC