Fidelity MSCI Materials Index ETF (FMAT)

NYSEARCA: FMAT · Real-Time Price · USD
52.80
-0.77 (-1.44%)
Oct 31, 2024, 3:59 PM EDT - Market closed
-1.44%
Assets $552.25M
Expense Ratio 0.08%
PE Ratio 16.31
Shares Out 10.35M
Dividend (ttm) $0.82
Dividend Yield 1.55%
Ex-Dividend Date Sep 20, 2024
Payout Ratio 25.44%
1-Year Return +24.68%
Volume 37,708
Open 53.17
Previous Close 53.57
Day's Range 52.79 - 53.19
52-Week Low 42.88
52-Week High 55.28
Beta 1.12
Holdings 117
Inception Date Oct 21, 2013

About FMAT

Fund Home Page

The Fidelity MSCI Materials Index ETF (FMAT) is an exchange-traded fund that is based on the MSCI USA IMI Materials 25/50 index, a market-cap-weighted index of stocks in the US basic materials sector across the entire market-cap spectrum. FMAT was launched on Oct 21, 2013 and is issued by Fidelity.

Asset Class Equity
Category Natural Resources
Region North America
Stock Exchange NYSEARCA
Ticker Symbol FMAT
ETF Provider Fidelity
Index Tracked MSCI USA IMI Materials 25/50 Index

Top 10 Holdings

52.47% of assets
Name Symbol Weight
Linde plc LIN 15.69%
The Sherwin-Williams Company SHW 6.29%
Air Products and Chemicals, Inc. APD 4.91%
Freeport-McMoRan Inc. FCX 4.63%
Ecolab Inc. ECL 4.44%
Newmont Corporation NEM 4.38%
CRH plc CRH 4.32%
Corteva, Inc. CTVA 2.76%
Nucor Corporation NUE 2.55%
Dow Inc. DOW 2.51%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Sep 20, 2024 $0.210 Sep 24, 2024
Jun 21, 2024 $0.187 Jun 25, 2024
Mar 15, 2024 $0.207 Mar 20, 2024
Dec 15, 2023 $0.214 Dec 20, 2023
Sep 15, 2023 $0.208 Sep 20, 2023
Jun 16, 2023 $0.211 Jun 22, 2023
Full Dividend History

News

FMAT: Materials Stocks Offer Limited Upside

Fidelity MSCI Materials Index ETF tracks the MSCI USA IMI Materials 25/50 Index, with an expense ratio of 0.08% and $524.05 million in assets. FMAT's portfolio is concentrated in the U.S. Materials se...

6 weeks ago - Seeking Alpha

FMAT: Strong Materials Play But A Bit Top Heavy

Investors are favoring tech over natural resources, creating opportunities in underinvested sectors like materials. Consider Fidelity MSCI Materials Index ETF for broad exposure to the materials secto...

4 months ago - Seeking Alpha

FMAT: Materials Sector Dashboard For March

The construction materials industry has the best value and quality scores in the sector. Fidelity MSCI Materials Index ETF is an alternative to XLB. Two materials stocks were cheaper than their peers ...

8 months ago - Seeking Alpha

FMAT: Materials Dashboard For October

The construction materials industry has the best value and quality scores in the sector. Mining/metals still is the most overvalued sub-sector, despite a significant improvement in the last month. Fid...

1 year ago - Seeking Alpha

FMAT: Materials Dashboard For July

he most attractive subsector regarding value and quality scores is construction materials. No subsector is significantly overpriced relative to the historical baseline. FMAT, an alternative to XLB.

1 year ago - Seeking Alpha

FMAT: Materials Dashboard For April

All subsectors have good value and quality scores. Construction materials and mining/metals are the most attractive ones.

1 year ago - Seeking Alpha

FMAT: Materials Stocks Could Bounce Into A New Business Cycle

FMAT invests in U.S. Materials stocks. Forward earnings are negative, which makes FMAT an unlikely investment case in the near term.

1 year ago - Seeking Alpha

FMAT: Materials Dashboard For May

Construction Materials and Mining/Metals are undervalued. Packaging is the less attractive industry in the sector.

2 years ago - Seeking Alpha

FMAT: Materials Dashboard For February

Construction materials and mining/metals are the best-positioned subsectors regarding fundamental metrics. Packaging is significantly overpriced.

2 years ago - Seeking Alpha

Materials And FMAT Dashboard For May

A dashboard with metrics in materials industries.

3 years ago - Seeking Alpha

Basic Materials: One Of The Best Sectors To Play

The basic materials sector is relatively small when you only consider dividend-paying companies. The basic materials sector is best for growth investors. APD has found an interesting way to position i...

4 years ago - Seeking Alpha

Best And Worst Q1 2021: Basic Materials ETFs And Mutual Funds

The Basic Materials sector ranks third in Q1'21. Based on an aggregation of ratings of the 156 stocks in the Basic Materials sector.

Other symbols: PYZ
4 years ago - Seeking Alpha

Basic Materials ETFs Poised for a September Bounce

Underperforming materials stocks may receive a boost from supportive policy action in September. Trade the sector using these ETFs.

Other symbols: UYMVAW
5 years ago - Investopedia