Fidelity MSCI Materials Index ETF (FMAT)
FMAT is a passive ETF by Fidelity tracking the investment results of the MSCI USA IMI Materials Index. FMAT launched on Oct 21, 2013 and has a 0.08% expense ratio.
ETF Info
| ISIN | US3160928814 |
|---|---|
| CUSIP | 316092881 |
| Issuer | Fidelity |
| Inception Date | Oct 21, 2013 |
| Region | North America (U.S.) |
| Category | Materials |
| Leveraged | 1x |
| Index Tracked | MSCI USA IMI Materials Index |
| Home Page | screener.fidelity.com |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Expense Ratio
FMAT has an expense ratio of 0.08%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: FMAT vs. XME, FMAT vs. GLTR, FMAT vs. XLB, FMAT vs. VAW, FMAT vs. VOO, FMAT vs. SCHD, FMAT vs. FUTY, FMAT vs. DGRW, FMAT vs. FCOM, FMAT vs. FXAIX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity MSCI Materials Index ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fidelity MSCI Materials Index ETF had a return of 10.19% year-to-date (YTD) and 20.47% in the last 12 months. Over the past 10 years, Fidelity MSCI Materials Index ETF had an annualized return of 8.71%, while the S&P 500 had an annualized return of 11.39%, indicating that Fidelity MSCI Materials Index ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 10.19% | 25.48% |
| 1 month | -2.43% | 2.14% |
| 6 months | 2.78% | 12.76% |
| 1 year | 20.47% | 33.14% |
| 5 years (annualized) | 11.64% | 13.96% |
| 10 years (annualized) | 8.71% | 11.39% |
Monthly Returns
The table below presents the monthly returns of FMAT, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -4.10% | 5.73% | 6.40% | -4.89% | 3.73% | -3.98% | 5.79% | 1.18% | 2.84% | -2.58% | 10.19% | ||
| 2023 | 9.62% | -2.84% | -1.48% | -0.94% | -6.58% | 11.11% | 3.71% | -3.31% | -5.13% | -3.85% | 8.78% | 5.92% | 13.71% |
| 2022 | -6.97% | 0.47% | 6.03% | -4.13% | 1.13% | -14.36% | 7.12% | -3.14% | -10.20% | 9.60% | 11.11% | -5.26% | -11.54% |
| 2021 | -2.52% | 4.83% | 8.33% | 4.90% | 5.39% | -5.17% | 1.51% | 1.92% | -7.01% | 7.27% | -0.86% | 7.33% | 27.45% |
| 2020 | -6.32% | -9.20% | -15.34% | 15.59% | 6.99% | 2.25% | 6.55% | 4.80% | 0.23% | 0.05% | 12.88% | 3.88% | 19.57% |
| 2019 | 7.36% | 3.67% | 0.09% | 3.21% | -9.32% | 11.92% | -0.43% | -3.92% | 3.54% | 0.37% | 3.33% | 2.89% | 23.35% |
| 2018 | 3.71% | -5.31% | -3.78% | 0.58% | 2.38% | -0.25% | 2.97% | -0.95% | -1.89% | -10.75% | 3.30% | -7.74% | -17.40% |
| 2017 | 4.75% | 1.06% | 0.44% | 1.11% | -0.81% | 2.44% | 1.25% | 0.73% | 4.00% | 3.64% | 0.85% | 2.00% | 23.51% |
| 2016 | -10.34% | 6.89% | 8.82% | 5.40% | -0.34% | -0.42% | 5.73% | 0.06% | -0.73% | -2.52% | 8.76% | -0.34% | 21.06% |
| 2015 | -2.65% | 7.88% | -3.75% | 2.24% | 0.67% | -3.85% | -5.10% | -5.37% | -8.02% | 13.00% | 0.87% | -4.41% | -9.96% |
| 2014 | -4.35% | 6.76% | 0.80% | 0.15% | 2.51% | 2.32% | -2.40% | 4.12% | -2.87% | -1.72% | 1.02% | -0.19% | 5.75% |
| 2013 | -0.76% | 1.36% | 4.51% | 5.12% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FMAT is 54, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity MSCI Materials Index ETF (FMAT) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity MSCI Materials Index ETF provided a 1.54% dividend yield over the last twelve months, with an annual payout of $0.82 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.82 | $0.83 | $0.87 | $0.72 | $0.70 | $0.65 | $0.62 | $0.54 | $0.51 | $0.52 | $0.45 | $0.10 |
Dividend yield | 1.54% | 1.71% | 2.00% | 1.44% | 1.73% | 1.89% | 2.18% | 1.53% | 1.78% | 2.16% | 1.65% | 0.39% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity MSCI Materials Index ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.60 | |
| 2023 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.21 | $0.83 |
| 2022 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.21 | $0.87 |
| 2021 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.19 | $0.72 |
| 2020 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.17 | $0.70 |
| 2019 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.17 | $0.65 |
| 2018 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.17 | $0.62 |
| 2017 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.14 | $0.54 |
| 2016 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.11 | $0.51 |
| 2015 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.11 | $0.52 |
| 2014 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.13 | $0.45 |
| 2013 | $0.10 | $0.10 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity MSCI Materials Index ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity MSCI Materials Index ETF was 41.11%, occurring on Mar 23, 2020. Recovery took 113 trading sessions.
The current Fidelity MSCI Materials Index ETF drawdown is 3.79%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -41.11% | Jan 29, 2018 | 541 | Mar 23, 2020 | 113 | Sep 1, 2020 | 654 |
| -27.24% | Feb 25, 2015 | 231 | Jan 25, 2016 | 206 | Nov 15, 2016 | 437 |
| -25.4% | Apr 21, 2022 | 109 | Sep 26, 2022 | 358 | Feb 29, 2024 | 467 |
| -12.14% | Sep 8, 2014 | 26 | Oct 13, 2014 | 84 | Feb 12, 2015 | 110 |
| -10.68% | Jan 5, 2022 | 43 | Mar 8, 2022 | 13 | Mar 25, 2022 | 56 |
Volatility
Volatility Chart
The current Fidelity MSCI Materials Index ETF volatility is 4.03%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.