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FMAT vs. GLTR
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FMATGLTR
YTD Return6.15%14.68%
1Y Return22.70%17.33%
3Y Return (Ann)4.00%0.59%
5Y Return (Ann)13.48%10.81%
10Y Return (Ann)8.45%4.33%
Sharpe Ratio1.491.04
Daily Std Dev14.88%15.61%
Max Drawdown-41.11%-55.70%
Current Drawdown-1.78%-10.47%

Correlation

-0.50.00.51.00.2

The correlation between FMAT and GLTR is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

FMAT vs. GLTR - Performance Comparison

In the year-to-date period, FMAT achieves a 6.15% return, which is significantly lower than GLTR's 14.68% return. Over the past 10 years, FMAT has outperformed GLTR with an annualized return of 8.45%, while GLTR has yielded a comparatively lower 4.33% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%50.00%100.00%150.00%December2024FebruaryMarchAprilMay
148.14%
40.69%
FMAT
GLTR

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Fidelity MSCI Materials Index ETF

Aberdeen Standard Physical Precious Metals Basket Shares ETF

FMAT vs. GLTR - Expense Ratio Comparison

FMAT has a 0.08% expense ratio, which is lower than GLTR's 0.60% expense ratio.


GLTR
Aberdeen Standard Physical Precious Metals Basket Shares ETF
Expense ratio chart for GLTR: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%
Expense ratio chart for FMAT: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

Risk-Adjusted Performance

FMAT vs. GLTR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Materials Index ETF (FMAT) and Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


FMAT
Sharpe ratio
The chart of Sharpe ratio for FMAT, currently valued at 1.49, compared to the broader market0.002.004.006.001.49
Sortino ratio
The chart of Sortino ratio for FMAT, currently valued at 2.14, compared to the broader market0.005.0010.002.14
Omega ratio
The chart of Omega ratio for FMAT, currently valued at 1.26, compared to the broader market0.501.001.502.002.503.001.26
Calmar ratio
The chart of Calmar ratio for FMAT, currently valued at 1.39, compared to the broader market0.005.0010.0015.001.39
Martin ratio
The chart of Martin ratio for FMAT, currently valued at 4.43, compared to the broader market0.0020.0040.0060.0080.00100.004.43
GLTR
Sharpe ratio
The chart of Sharpe ratio for GLTR, currently valued at 1.04, compared to the broader market0.002.004.006.001.04
Sortino ratio
The chart of Sortino ratio for GLTR, currently valued at 1.59, compared to the broader market0.005.0010.001.59
Omega ratio
The chart of Omega ratio for GLTR, currently valued at 1.19, compared to the broader market0.501.001.502.002.503.001.19
Calmar ratio
The chart of Calmar ratio for GLTR, currently valued at 0.68, compared to the broader market0.005.0010.0015.000.68
Martin ratio
The chart of Martin ratio for GLTR, currently valued at 3.96, compared to the broader market0.0020.0040.0060.0080.00100.003.97

FMAT vs. GLTR - Sharpe Ratio Comparison

The current FMAT Sharpe Ratio is 1.49, which is higher than the GLTR Sharpe Ratio of 1.04. The chart below compares the 12-month rolling Sharpe Ratio of FMAT and GLTR.


Rolling 12-month Sharpe Ratio0.000.501.001.50December2024FebruaryMarchAprilMay
1.49
1.04
FMAT
GLTR

Dividends

FMAT vs. GLTR - Dividend Comparison

FMAT's dividend yield for the trailing twelve months is around 1.63%, while GLTR has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
FMAT
Fidelity MSCI Materials Index ETF
1.63%1.71%2.00%1.44%1.73%1.89%2.18%1.53%1.78%2.16%1.65%0.39%
GLTR
Aberdeen Standard Physical Precious Metals Basket Shares ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

FMAT vs. GLTR - Drawdown Comparison

The maximum FMAT drawdown since its inception was -41.11%, smaller than the maximum GLTR drawdown of -55.70%. Use the drawdown chart below to compare losses from any high point for FMAT and GLTR. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%December2024FebruaryMarchAprilMay
-1.78%
-4.26%
FMAT
GLTR

Volatility

FMAT vs. GLTR - Volatility Comparison

The current volatility for Fidelity MSCI Materials Index ETF (FMAT) is 3.58%, while Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR) has a volatility of 6.48%. This indicates that FMAT experiences smaller price fluctuations and is considered to be less risky than GLTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%December2024FebruaryMarchAprilMay
3.58%
6.48%
FMAT
GLTR