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PYZ vs FMAT

Invesco DWA Basic Materials Momentum ETF vs Fidelity MSCI Materials Index ETF

PYZ

Invesco DWA Basic Materials Momentum ETF

Invesco

Annual cost

0.60%

Fund size

$103M

FMAT

Fidelity MSCI Materials Index ETF

Fidelity Investments

Annual cost

0.08%

Fund size

$603M

Key differences

  • FMAT costs 0.52% less per year.
  • FMAT is significantly larger than PYZ — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, PYZ has delivered higher annualized returns.
  • PYZ has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PYZFMAT
Annual cost (TER)0.60%0.08%
Fund size (AUM)$103M$603M
Since20062013
Dividend yield0.53%1.43%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+46.0%+22.0%
CAGR 3Y+17.7%+11.7%
CAGR 5Y+7.3%+4.9%
Sharpe 3Y0.670.52
Volatility 1Y25.50%17.69%
Max drawdown-52.46%-41.11%

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

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