FMATFidelity MSCI Materials Index ETF
Tracks the MSCI USA IMI Materials 25/50 Index.
By Fidelity Investments · Launched 2013
Annual Cost
0.08%
#307 of 5,853 · low cost
Fund Size
$624M
#1,437 of 5,853 · large
Return (1Y)Goal
+14.7%
Track Record
12 years
#1,113 of 5,853 · established
Performance
Total-return NAV · USDGrowth of $10,000
$11,465+14.7%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityRegion
North americaCap
Multi cap
Strategy
Index tracking
Sector
MaterialsIndex tracked
MSCI USA IMI Materials 25/50 Index
What it actually holds
By weightConcentration
Top 10 holdings = 55.9% of fundmoderately concentrated
Linde PLC
15.0%
Newmont Corp
7.8%
Freeport-McMoRan Inc
5.3%
CRH PLC
5.1%
Sherwin-Williams Co/The
4.9%
Air Products and Chemicals Inc
4.3%
Ecolab Inc
4.3%
Corteva Inc
3.5%
Nucor Corp
3.3%
Vulcan Materials Co
2.6%
Asset allocation
Stocks
99.9%
Cash
0.1%
By sector
Basic Materials
89.1%
Consumer Cyclical
9.4%
Industrials
0.9%
Healthcare
0.5%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
18.6%Moderate
Year-on-year price swings
Max drawdown
-41.1%Severe
Worst peak-to-trough loss
Sharpe (3Y)
0.29Below average
Sortino (3Y)
0.42Moderate downside risk
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Tracks the MSCI USA IMI Materials 25/50 Index.
- Strategy
- Invests primarily in securities included in the MSCI USA IMI Materials 25/50 Index, representing the U.S. materials sector. Uses a representative sampling indexing strategy to manage the fund, selecting securities with similar investment characteristics to the index.
- Inception date
- October 21, 2013
- Fund family
- Fidelity Investments
Similar funds
Same asset class, closest by strategy & exposureWhat's next?
You've looked at FMAT. Save it to your watchlist to weigh it against other funds, then turn your shortlist into a portfolio.
Data updated on 2026-08-02