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FMAT vs RSPM

Fidelity MSCI Materials Index ETF vs Invesco S&P 500 Equal Weight Materials ETF

FMAT

Fidelity MSCI Materials Index ETF

Fidelity Investments

Annual cost

0.08%

Fund size

$603M

RSPM

Invesco S&P 500 Equal Weight Materials ETF

Invesco

Annual cost

0.40%

Fund size

$179M

Key differences

  • FMAT costs 0.32% less per year.
  • FMAT is significantly larger than RSPM — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FMAT has delivered higher annualized returns.
  • RSPM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMATRSPM
Annual cost (TER)0.08%0.40%
Fund size (AUM)$603M$179M
Since20132006
Dividend yield1.43%1.49%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+22.0%+22.6%
CAGR 3Y+11.7%+9.6%
CAGR 5Y+4.9%+3.5%
Sharpe 3Y0.520.40
Volatility 1Y17.69%18.20%
Max drawdown-41.11%-39.84%

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

Similar to FMAT and RSPM