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 |
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
The Fidelity MSCI Materials Index ETF has an expense ratio of 0.08% which is considered to be low.
Share Price Chart
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Compare to other instruments
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 7.54% year-to-date (YTD) and 20.66% in the last 12 months. Over the past 10 years, Fidelity MSCI Materials Index ETF had an annualized return of 8.95%, while the S&P 500 had an annualized return of 10.96%, indicating that Fidelity MSCI Materials Index ETF did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 7.54% | 10.04% |
1 month | 7.19% | 3.53% |
6 months | 20.23% | 22.79% |
1 year | 20.66% | 32.16% |
5 years (annualized) | 12.82% | 13.15% |
10 years (annualized) | 8.95% | 10.96% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | -4.10% | 5.73% | ||||||||||
2023 | -3.31% | -5.13% | -3.85% | 8.78% | 5.92% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
This table presents risk-adjusted performance metrics for Fidelity MSCI Materials Index ETF (FMAT) and compares them with a selected benchmark (^GSPC). These performance indicators assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
Fidelity MSCI Materials Index ETF | 1.39 | ||||
S&P 500 | 2.76 |
Dividends
Dividend History
Fidelity MSCI Materials Index ETF granted a 1.61% dividend yield in the last twelve months. The annual payout for that period amounted to $0.84 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.84 | $0.83 | $0.87 | $0.72 | $0.70 | $0.65 | $0.62 | $0.54 | $0.51 | $0.52 | $0.45 | $0.10 |
Dividend yield | 1.61% | 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.00 | ||||||||||
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
2013 | $0.10 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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.
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 2.92%, 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.