FMAT vs. FXR ETF Comparison

Comparison of Fidelity MSCI Materials Index ETF (FMAT) to First Trust Industrials AlphaDEX (FXR)

FMAT

Fidelity MSCI Materials Index ETF

FMAT Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Materials Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Materials Index, which represents the performance of the materials sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Materials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$49.22

Average Daily Volume

42,219

Number of Holdings ^*

109

* may have additional holdings in another (foreign) market

FXR

First Trust Industrials AlphaDEX

FXR Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Industrials Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the industrials and producer durables sectors that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$67.69

Average Daily Volume

63,894

Number of Holdings ^*

130

* may have additional holdings in another (foreign) market

Performance

Period	FMAT	FXR
30 Days	-3.66%	-1.94%
60 Days	-2.19%	-2.55%
90 Days	-4.55%	-5.00%
12 Months	6.84%	13.37%

18 Overlapping Holdings

Symbol	Grade	Weight in FMAT	Weight in FXR	Overlap
AMCR	D	1.07%	0.55%	0.55%
ATR	D	0.72%	0.53%	0.53%
AXTA	C	0.56%	0.53%	0.53%
BERY	D	0.51%	1.36%	0.51%
CCK	F	0.7%	0.52%	0.52%
DD	B	2.52%	0.55%	0.55%
EXP	D	0.56%	1.08%	0.56%
GPK	D	0.61%	1.28%	0.61%
LPX	D	0.4%	0.53%	0.4%
MLM	D	2.5%	0.23%	0.23%
PKG	C	1.24%	0.81%	0.81%
PPG	D	2.22%	0.23%	0.23%
RPM	D	1.04%	0.48%	0.48%
SEE	D	0.38%	0.26%	0.26%
SHW	D	5.4%	0.7%	0.7%
SLGN	D	0.27%	0.95%	0.27%
SON	F	0.38%	1.25%	0.38%
VMC	D	2.47%	0.95%	0.95%

FMAT Overweight 91 Positions Relative to FXR

Symbol	Grade	Weight
LIN	C	15.99%
FCX	C	5.22%
ECL	B	4.65%
APD	D	4.41%
NEM	B	3.64%
CTVA	D	2.83%
DOW	D	2.81%
NUE	D	2.81%
LYB	D	1.88%
IFF	B	1.84%
BALL	D	1.45%
STLD	D	1.42%
AVY	D	1.36%
RS	D	1.21%
CE	F	1.14%
IP	C	1.07%
CF	F	1.06%
WRK	D	0.96%
EMN	D	0.86%
ALB	F	0.85%
MOS	F	0.72%
RGLD	C	0.62%
X	D	0.62%
CLF	D	0.56%
FMC	F	0.54%
AA	B	0.53%
ATI	C	0.53%
ESI	B	0.47%
CMC	D	0.47%
OLN	F	0.43%
WLK	D	0.42%
CRS	B	0.4%
CBT	D	0.39%
BCPC	A	0.37%
SUM	D	0.34%
ASH	D	0.34%
FUL	D	0.31%
AVNT	D	0.3%
NEU	D	0.28%
HUN	F	0.28%
KNF	D	0.28%
CC	F	0.26%
HCC	C	0.24%
AMR	C	0.23%
IOSP	D	0.23%
HL	D	0.22%
SMG	D	0.21%
SXT	D	0.2%
MTX	B	0.2%
ARCH	C	0.19%
SLVM	C	0.18%
KWR	D	0.18%
MTRN	D	0.17%
CDE	B	0.17%
MP	D	0.14%
TROX	D	0.14%
SCL	D	0.14%
OI	F	0.13%
HWKN	A	0.13%
NGVT	F	0.12%
GEF	F	0.11%
ASPN	D	0.11%
OEC	F	0.1%
KALU	C	0.1%
TRS	D	0.08%
ECVT	D	0.08%
PRM	B	0.08%
WS	C	0.08%
CENX	C	0.07%
MATV	D	0.07%
HAYN	C	0.06%
KOP	F	0.06%
SXC	C	0.06%
CLW	D	0.06%
USLM	B	0.06%
ASIX	F	0.05%
PCT	C	0.05%
IE	D	0.05%
PTVE	D	0.04%
RYI	F	0.04%
MERC	F	0.03%
CMP	F	0.03%
RDUS	F	0.03%
LXU	F	0.03%
MYE	F	0.03%
GATO	D	0.03%
ZEUS	F	0.03%
GEF	F	0.02%
PACK	D	0.02%
KRO	B	0.02%
DNA	F	0.02%

FMAT Underweight 112 Positions Relative to FXR

Symbol	Grade	Weight
TT	B	-1.53%
EME	D	-1.47%
OC	D	-1.45%
BAH	B	-1.44%
PWR	D	-1.43%
SYF	B	-1.43%
R	B	-1.41%
AXP	C	-1.38%
MDU	C	-1.38%
SNDR	B	-1.35%
G	D	-1.32%
WCC	D	-1.3%
KEX	B	-1.3%
ALSN	C	-1.26%
BWXT	B	-1.24%
SPR	B	-1.24%
AL	C	-1.24%
CAT	C	-1.22%
URI	C	-1.21%
TTEK	C	-1.21%
BLD	D	-1.2%
OSK	D	-1.17%
AGCO	F	-1.15%
LFUS	C	-1.14%
TDG	D	-1.13%
XYL	D	-1.12%
CNH	F	-1.07%
AXON	C	-0.98%
AWI	D	-0.97%
DE	F	-0.96%
GTES	D	-0.95%
HUBB	D	-0.95%
FICO	A	-0.94%
GWW	C	-0.94%
ADTN	F	-0.94%
SNA	F	-0.94%
KNX	C	-0.93%
FDX	B	-0.92%
VNT	D	-0.91%
HII	D	-0.9%
PCAR	D	-0.9%
MSM	F	-0.87%
JCI	D	-0.86%
NVT	C	-0.85%
CTAS	B	-0.84%
SAIA	B	-0.83%
EEFT	D	-0.82%
CACC	B	-0.82%
BC	F	-0.81%
MSA	B	-0.8%
WMS	D	-0.79%
SQ	D	-0.79%
LECO	F	-0.77%
UPS	F	-0.76%
GXO	D	-0.75%
COF	C	-0.75%
TDY	D	-0.74%
TXT	D	-0.74%
CSX	D	-0.73%
AYI	C	-0.73%
WU	D	-0.72%
PYPL	D	-0.72%
BLDR	F	-0.71%
RHI	F	-0.67%
MIDD	F	-0.65%
TREX	F	-0.64%
JBHT	F	-0.64%
WEX	D	-0.6%
GPN	D	-0.59%
WAB	D	-0.58%
CW	B	-0.56%
EXPD	B	-0.55%
GD	D	-0.55%
LHX	A	-0.55%
DOV	D	-0.54%
FCN	C	-0.52%
OTIS	B	-0.51%
DCI	D	-0.51%
MA	D	-0.5%
LSTR	B	-0.5%
JKHY	C	-0.5%
ITT	D	-0.5%
PNR	D	-0.49%
AOS	D	-0.49%
J	D	-0.48%
EFX	B	-0.47%
CPAY	D	-0.46%
KEYS	F	-0.46%
ALLE	D	-0.46%
WWD	C	-0.31%
HEI	A	-0.31%
VMI	C	-0.31%
GNRC	C	-0.29%
WSO	B	-0.29%
FOUR	B	-0.28%
CSL	C	-0.28%
RTX	D	-0.27%
HON	B	-0.27%
V	D	-0.26%
MAN	D	-0.25%
EMR	C	-0.25%
PH	C	-0.24%
UNP	D	-0.24%
AME	D	-0.24%
FTV	D	-0.23%
MAS	D	-0.23%
IEX	F	-0.22%
WSC	F	-0.22%
NDSN	D	-0.22%
GGG	D	-0.22%
NSC	D	-0.22%
ODFL	D	-0.21%