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FMAT vs FFDI

Fidelity MSCI Materials Index ETF vs Fidelity Fundamental Developed

FMAT

Fidelity MSCI Materials Index ETF

Fidelity Investments

Annual cost

0.08%

Fund size

$603M

FFDI

Fidelity Fundamental Developed

Fidelity Investments

Annual cost

0.55%

Fund size

$22M

Key differences

  • FMAT costs 0.47% less per year.
  • FMAT is significantly larger than FFDI — larger funds tend to be more liquid and less likely to close.
  • FMAT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMATFFDI
Annual cost (TER)0.08%0.55%
Fund size (AUM)$603M$22M
Since20132024
Dividend yield1.43%2.11%
Asset classequityequity
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+22.0%+12.7%
CAGR 3Y+11.7%N/A
CAGR 5Y+4.9%N/A
Sharpe 3Y0.52N/A
Volatility 1Y17.69%16.99%
Max drawdown-41.11%-14.39%

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

Similar to FMAT and FFDI