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FMAT · Fidelity MSCI Materials Index ETF

Equity fundTracks an index0.08% fee$620mSince Oct 24, 2013SEC filings ↗
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FMAT tracks an index and returned +8.6% over the past year.

+8.6%
Total return, 1 year
0.08%
Expense ratio
101
Holdings
−9.2%
Below its high
WindowTotal returnS&P 500Gap to S&P 500Gap to Nasdaq-100
3M Jul 2 – Oct 2, 2026−5.3%+3.6%−8.9 pts−10.6 pts
6M Apr 2 – Oct 2, 2026−3.0%+17.9%−21.0 pts−31.4 pts
1Y Oct 2, 2025 – Oct 2, 2026+8.6%+16.2%−7.7 pts−15.8 pts
3Y Oct 3, 2023 – Oct 2, 2026+36.1%+89.3%−53.2 pts−78.7 pts
Since listing Oct 24, 2013 – Oct 2, 2026+181.8%+447.1%−265.4 pts−730.0 pts

FMAT over each window to Oct 2, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.

FMAT top ten by weight, 56.4% of its 101 equity positions, from the holdings filed for Jul 31, 2026. An index fund holds what the index holds, so this is the index. Source: the fund’s SEC filing.

Linde PLC 14.97%
Newmont Corp 6.84%
Freeport-McMoRan Inc 6.08%
Sherwin-Williams Co/The 5.41%
Ecolab Inc 4.77%
CRH PLC 4.30%
Air Products and Chemicals Inc 4.21%
Nucor Corp 3.86%
Corteva Inc 3.57%
Vulcan Materials Co 2.37%
Fund filings on SEC EDGAR ↗
Head to head
Funds near this one
ACWIACWXAIRRAORAVDVAVEM

In plain words

FMAT tracks an index. Over the year to Oct 2, 2026 it returned +8.6% with distributions reinvested, against +16.2% for the S&P 500 and +24.3% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Jul 31, 2026, 78% of the fund by weight is stocks the S&P 500 also holds, across 101 positions, with the top ten at 56.4%. It sat 9.2% below its high of Feb 27, 2026 on Oct 2, 2026.
What it tracksnot read by ETFIQ
Fund typeEquity fund
Category (ETFIQ)Stocks · Materials
Expense ratio (485BPOS XBRL, Nov 24, 2025)0.08%
Price$56.17
Listed sinceOct 24, 2013
Net assets (the issuer’s own figure for this ETF, month end, as of Aug 31, 2026)$620m
Below its high (ETFIQ)−9.2%
Holdings101
Top ten weight56.4%
Holdings as of (SEC N-PORT)Jul 31, 2026
Already in the S&P 500, by weight (ETFIQ)78.3%
Active share vs the S&P 500 (ETFIQ)98.2%
Already in the Nasdaq-100, by weight (ETFIQ)15.0%
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

Questions people ask about FMAT

How has FMAT performed?
Over the year to Oct 2, 2026, FMAT returned +8.6% with distributions reinvested, against +16.2% for the S&P 500. Over three years the figure is +36.1%.
What does FMAT cost?
The prospectus expense ratio is 0.08% a year.
What does FMAT hold?
101 positions as filed for Jul 31, 2026, with the top ten at 56.4% of the fund. 78% of its weight is in stocks the S&P 500 also holds.
How far is FMAT below its high?
9.2% below its high of Feb 27, 2026, measured on the reinvested series to Oct 2, 2026.
Sources and dates
Prices, FMAT and S&P 500Tiingo end-of-day · Oct 2, 2026
Fee, 0.08%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $620mThe issuer’s own figure for this ETF, month end · Aug 31, 2026
HoldingsHoldings filing (SEC Form N-PORT) · Jul 31, 2026 ↗
IssuerFidelity website ↗
All fund filingsFund filings on SEC EDGAR ↗
SourceFidelity’s own site ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

ETFIQ covers core, leveraged and inverse, buffer, thematic, option-income, alternatives and spot crypto ETFs. This fund is here because the other funds here are measured against it and portfolios hold it. ETFIQ is an independent publisher and makes no recommendations. Standards and sources

How these figures are computed →Standards and sources →Open data →
Cite this page

ETFIQ, FMAT, core fund, data as of Oct 2, 2026. https://etfiq.com/funds/fmat

Free to use with attribution; the underlying files are at Open data.

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