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VAW vs FMAT

Vanguard Materials Index Fund ETF Shares vs Fidelity MSCI Materials Index ETF

VAW

Vanguard Materials Index Fund ETF Shares

Vanguard

Annual cost

0.09%

Fund size

$4.5B

FMAT

Fidelity MSCI Materials Index ETF

Fidelity Investments

Annual cost

0.08%

Fund size

$603M

Key differences

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

Side-by-side comparison

VAWFMAT
Annual cost (TER)0.09%0.08%
Fund size (AUM)$4.5B$603M
Since20042013
Dividend yield1.37%1.43%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+22.0%+22.0%
CAGR 3Y+11.8%+11.7%
CAGR 5Y+5.0%+4.9%
Sharpe 3Y0.520.52
Volatility 1Y17.67%17.69%
Max drawdown-41.13%-41.11%

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

Similar to VAW and FMAT