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FTEC vs FMAT

Fidelity MSCI Information Technology Index ETF vs Fidelity MSCI Materials Index ETF

FTEC

Fidelity MSCI Information Technology Index ETF

Fidelity Investments

Annual cost

0.08%

Fund size

$17.9B

FMAT

Fidelity MSCI Materials Index ETF

Fidelity Investments

Annual cost

0.08%

Fund size

$603M

Key differences

  • FTEC is significantly larger than FMAT — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FTEC has delivered higher annualized returns.

Side-by-side comparison

FTECFMAT
Annual cost (TER)0.08%0.08%
Fund size (AUM)$17.9B$603M
Since20132013
Dividend yield0.38%1.43%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+55.2%+22.0%
CAGR 3Y+34.2%+11.7%
CAGR 5Y+21.8%+4.9%
Sharpe 3Y1.210.52
Volatility 1Y20.41%17.69%
Max drawdown-34.95%-41.11%

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

Similar to FTEC and FMAT