Skip to content
Beacon
Screener

FMAT vs FENI

Fidelity MSCI Materials Index ETF vs Fidelity Enhanced International ETF

FMAT

Fidelity MSCI Materials Index ETF

Fidelity Investments

Annual cost

0.08%

Fund size

$603M

FENI

Fidelity Enhanced International ETF

Fidelity Investments

Annual cost

0.28%

Fund size

$9.1B

Key differences

  • FMAT costs 0.20% less per year.
  • FENI is significantly larger than FMAT — larger funds tend to be more liquid and less likely to close.
  • FMAT covers north america markets; FENI covers europe.
  • FMAT follows a index tracking strategy; FENI uses active selection.
  • FENI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMATFENI
Annual cost (TER)0.08%0.28%
Fund size (AUM)$603M$9.1B
Since20132007
Dividend yield1.43%2.93%
Asset classequityequity
Regionnorth americaeurope
Strategyindex trackingactive selection
CAGR 1Y+22.0%+28.3%
CAGR 3Y+11.7%N/A
CAGR 5Y+4.9%N/A
Sharpe 3Y0.52N/A
Volatility 1Y17.69%15.57%
Max drawdown-41.11%-14.20%

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

Similar to FMAT and FENI