Fidelity MSCI Materials Index ETF (FMAT)
| Assets | $556.09M |
| Expense Ratio | 0.08% |
| PE Ratio | 16.32 |
| Shares Out | 10.55M |
| Dividend (ttm) | $0.82 |
| Dividend Yield | 1.55% |
| Ex-Dividend Date | Sep 20, 2024 |
| Payout Ratio | 25.08% |
| 1-Year Return | +17.35% |
| Volume | 35,615 |
| Open | 52.69 |
| Previous Close | 52.63 |
| Day's Range | 52.53 - 53.00 |
| 52-Week Low | 45.25 |
| 52-Week High | 55.28 |
| Beta | 1.12 |
| Holdings | 118 |
| Inception Date | Oct 21, 2013 |
About FMAT
Fund Home PageThe 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.
Top 10 Holdings
51.53% of assets| Name | Symbol | Weight |
|---|---|---|
| Linde plc | LIN | 15.13% |
| The Sherwin-Williams Company | SHW | 6.34% |
| Air Products and Chemicals, Inc. | APD | 5.11% |
| CRH plc | CRH | 4.80% |
| Ecolab Inc. | ECL | 4.44% |
| Freeport-McMoRan Inc. | FCX | 4.39% |
| Newmont Corporation | NEM | 3.43% |
| Corteva, Inc. | CTVA | 2.79% |
| Vulcan Materials Company | VMC | 2.59% |
| Martin Marietta Materials, Inc. | MLM | 2.52% |
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 |
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...
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...
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 ...
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...
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.
FMAT: Materials Dashboard For April
All subsectors have good value and quality scores. Construction materials and mining/metals are the most attractive ones.
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.
FMAT: Materials Dashboard For May
Construction Materials and Mining/Metals are undervalued. Packaging is the less attractive industry in the sector.
FMAT: Materials Dashboard For February
Construction materials and mining/metals are the best-positioned subsectors regarding fundamental metrics. Packaging is significantly overpriced.
Materials And FMAT Dashboard For May
A dashboard with metrics in materials industries.
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...
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.
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.