Fidelity MSCI Materials Index ETF (FMAT) Alternatives
Fidelity MSCI Materials Index ETF (FMAT) belongs to the Materials category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FMAT. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to FMAT
FMAT charges 0.08% annually. Among ETFs in the Materials category, these options have the lowest expense ratios among FMAT alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Vanguard Materials ETF | 0.10% | Jan 26, 2004 | FMAT vs VAW | |
| Materials Select Sector SPDR ETF | 0.13% | Dec 16, 1998 | FMAT vs XLB | |
| Invesco S&P SmallCap Materials ETF | 0.29% | Apr 7, 2010 | FMAT vs PSCM | |
| Hoya Capital Housing ETF | 0.30% | Mar 19, 2019 | FMAT vs HOMZ | |
| SPDR S&P Metals & Mining ETF | 0.35% | Jun 19, 2006 | FMAT vs XME |
Best Risk-Adjusted Alternatives to FMAT
Among ETFs in the Materials category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| VanEck Vectors Rare Earth/Strategic Metals ETF | 95 | Oct 27, 2010 | FMAT vs REMX | |
| SPDR S&P Metals & Mining ETF | 94 | Jun 19, 2006 | FMAT vs XME | |
| Global X Rare Earth & Critical Materials ETF | 94 | Jan 24, 2022 | FMAT vs EART | |
| Global X Gold Explorers ETF | 94 | Nov 3, 2010 | FMAT vs GOEX | |
| Global X Copper Miners ETF | 94 | Apr 19, 2010 | FMAT vs COPX |
Top Performing FMAT Alternatives (YTD)
FMAT alternatives from the Materials category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| VanEck Vectors Rare Earth/Strategic Metals ETF | 19.05% | Oct 27, 2010 | FMAT vs REMX | |
| Invesco S&P SmallCap Materials ETF | 18.11% | Apr 7, 2010 | FMAT vs PSCM | |
| First Trust Materials AlphaDEX Fund | 17.95% | May 8, 2007 | FMAT vs FXZ | |
| iShares U.S. Basic Materials ETF | 14.57% | Jun 20, 2000 | FMAT vs IYM | |
| Invesco S&P 500® Equal Weight Materials ETF | 13.67% | Nov 1, 2006 | FMAT vs RSPM |
Lowest Volatility Alternatives to FMAT
FMAT alternatives from the Materials category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Invesco MSCI Global Timber ETF | 19.97% | Nov 9, 2007 | FMAT vs CUT | |
| iShares Global Timber & Forestry ETF | 20.93% | Jun 24, 2008 | FMAT vs WOOD | |
| Materials Select Sector SPDR ETF | 20.95% | Dec 16, 1998 | FMAT vs XLB | |
| iShares Global Materials ETF | 21.32% | Sep 21, 2006 | FMAT vs MXI | |
| Vanguard Materials ETF | 21.39% | Jan 26, 2004 | FMAT vs VAW |
Lowest Drawdown Alternatives to FMAT
FMAT alternatives from the Materials category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Vanguard Materials ETF | -14.33% | Jan 26, 2004 | FMAT vs VAW | |
| iShares U.S. Basic Materials ETF | -14.54% | Jun 20, 2000 | FMAT vs IYM | |
| Materials Select Sector SPDR ETF | -14.64% | Dec 16, 1998 | FMAT vs XLB | |
| Invesco S&P 500® Equal Weight Materials ETF | -15.67% | Nov 1, 2006 | FMAT vs RSPM | |
| iShares Global Materials ETF | -16.18% | Sep 21, 2006 | FMAT vs MXI |
Other ETFs from Fidelity
Most popular Fidelity ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Fidelity MSCI Information Technology Index ETF | Technology Equities | 68 | -7.30% | Oct 21, 2013 | FMAT vs FTEC | |
| Fidelity High Dividend ETF | Large Cap Blend Equities, Dividend | 60 | -1.78% | Sep 12, 2016 | FMAT vs FDVV | |
| Fidelity Wise Origin Bitcoin Trust | Cryptocurrency | 6 | -22.56% | Jan 11, 2024 | FMAT vs FBTC | |
| Fidelity Total Bond ETF | Intermediate Core-Plus Bond, Actively Managed | 63 | 0.14% | Oct 6, 2014 | FMAT vs FBND | |
| Fidelity NASDAQ Composite Index Tracking Stock | Large Cap Growth Equities | 72 | -6.77% | Sep 25, 2003 | FMAT vs ONEQ | |
| Fidelity Blue Chip Growth ETF | Large Cap Growth Equities, Actively Managed | 64 | -8.61% | Jun 3, 2020 | FMAT vs FBCG | |
| Fidelity Ethereum Fund | Cryptocurrency | 21 | -29.48% | Jul 22, 2024 | FMAT vs FETH | |
| Fidelity Enhanced Large Cap Core ETF | Large Cap Growth Equities | 64 | -4.71% | Apr 19, 2007 | FMAT vs FELC | |
| Fidelity MSCI Utilities Index ETF | Utilities Equities | 70 | 7.67% | Oct 21, 2013 | FMAT vs FUTY | |
| Fidelity Enhanced Large Cap Growth ETF | Large Cap Growth Equities | 53 | -10.02% | Nov 20, 2023 | FMAT vs FELG |
Often Compared With FMAT
What investors most often compare with FMAT, based on PortfoliosLab usage data.
Compare FMAT with Any Fund or Stock
Compare FMAT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.