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FMAT vs XLB

Fidelity MSCI Materials Index ETF vs State Street Materials Select Sector SPDR ETF

FMAT

Fidelity MSCI Materials Index ETF

Fidelity Investments

Annual cost

0.08%

Fund size

$603M

XLB

State Street Materials Select Sector SPDR ETF

State Street Investment Management

Annual cost

0.08%

Fund size

$7.3B

Key differences

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

Side-by-side comparison

FMATXLB
Annual cost (TER)0.08%0.08%
Fund size (AUM)$603M$7.3B
Since20131998
Dividend yield1.43%1.70%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+22.0%+19.3%
CAGR 3Y+11.7%+11.0%
CAGR 5Y+4.9%+4.6%
Sharpe 3Y0.520.49
Volatility 1Y17.69%16.83%
Max drawdown-41.11%-37.27%

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

Similar to FMAT and XLB