Screener
FMKT vs FMAT
The Free Markets ETF vs Fidelity MSCI Materials Index ETF
Key differences
Both FMKT and FMAT are equity ETFs. FMKT charges 0.76% a year and FMAT 0.08%. The main difference: FMKT follows a active selection strategy; FMAT uses index tracking.
- FMKT follows a active selection strategy; FMAT uses index tracking.
- FMAT costs 0.68% less per year.
- FMAT is much larger than FMKT. Larger funds are usually 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
| FMKT | FMAT | |
|---|---|---|
| Annual cost (TER) | 0.76% | 0.08% |
| Fund size (AUM) | $15M | $616M |
| Since | 2025 | 2013 |
| Dividend yield | — | 1.43% |
| Asset class | equity | equity |
| Region | north america | north america |
| Strategy | active selection | index tracking |
| CAGR 1Y | +11.1% | +22.6% |
| CAGR 3Y | N/A | +11.9% |
| CAGR 5Y | N/A | +6.0% |
| Sharpe 3Y | N/A | 0.52 |
| Volatility 1Y | 19.76% | 18.44% |
| Max drawdown | -17.79% | -41.11% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.