FMAT vs. FXZ ETF Comparison

Comparison of Fidelity MSCI Materials Index ETF (FMAT) to First Trust Materials AlphaDEX Fund (FXZ)

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

$54.01

Average Daily Volume

33,943

Number of Holdings ^*

110

* may have additional holdings in another (foreign) market

FXZ

First Trust Materials AlphaDEX Fund

FXZ 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) Materials 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 materials and processing sector 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

$65.36

Average Daily Volume

26,383

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FMAT	FXZ
30 Days	0.02%	-1.15%
60 Days	1.58%	0.51%
90 Days	3.81%	0.34%
12 Months	21.02%	5.93%

31 Overlapping Holdings

Symbol	Grade	Weight in FMAT	Weight in FXZ	Overlap
AA	B	0.68%	1.01%	0.68%
ALB	C	0.84%	0.97%	0.84%
APD	A	4.93%	3.24%	3.24%
ASH	D	0.26%	3.58%	0.26%
AVY	D	1.13%	1.81%	1.13%
CC	C	0.2%	2.82%	0.2%
CE	F	0.57%	2.75%	0.57%
CF	B	1.1%	4.11%	1.1%
CLF	F	0.4%	3.5%	0.4%
ECL	D	4.47%	2.92%	2.92%
EMN	D	0.83%	3.68%	0.83%
ESI	A	0.46%	2.09%	0.46%
FCX	D	4.36%	1.73%	1.73%
FMC	D	0.49%	4.18%	0.49%
HUN	F	0.22%	1.64%	0.22%
IFF	D	1.6%	0.73%	0.73%
IP	B	1.32%	3.58%	1.32%
LIN	D	15.3%	1.91%	1.91%
LYB	F	1.51%	4.36%	1.51%
MOS	F	0.59%	3.99%	0.59%
MP	B	0.16%	0.92%	0.16%
NEM	D	3.29%	0.68%	0.68%
NEU	C	0.27%	4.03%	0.27%
NUE	C	2.46%	4.95%	2.46%
OLN	D	0.35%	2.62%	0.35%
RGLD	C	0.65%	3.04%	0.65%
RS	B	1.25%	5.43%	1.25%
SMG	D	0.22%	0.76%	0.22%
STLD	B	1.44%	5.6%	1.44%
WLK	D	0.34%	2.56%	0.34%
X	C	0.57%	5.13%	0.57%

FMAT Overweight 79 Positions Relative to FXZ

Symbol	Grade	Weight
SHW	A	6.57%
CTVA	C	2.81%
VMC	B	2.62%
MLM	B	2.54%
DD	D	2.44%
DOW	F	2.2%
PPG	F	2.03%
SW	A	1.84%
PKG	A	1.49%
BALL	D	1.35%
RPM	A	1.23%
AMCR	D	1.03%
ATR	B	0.81%
CCK	C	0.76%
EXP	A	0.73%
AXTA	A	0.63%
GPK	C	0.61%
CRS	A	0.57%
BERY	B	0.53%
LPX	B	0.51%
ATI	D	0.49%
CMC	B	0.48%
SUM	B	0.42%
CBT	C	0.42%
BCPC	B	0.4%
KNF	A	0.36%
SON	D	0.35%
SEE	C	0.35%
AVNT	B	0.33%
SLGN	A	0.32%
FUL	F	0.29%
HCC	B	0.24%
HL	D	0.23%
SLVM	B	0.21%
IOSP	B	0.21%
SXT	B	0.2%
ARCH	B	0.2%
AMR	C	0.18%
MTX	B	0.18%
MTRN	C	0.17%
KWR	C	0.17%
HWKN	B	0.17%
CDE	D	0.17%
OI	C	0.14%
GEF	A	0.12%
PRM	C	0.12%
SCL	C	0.12%
NGVT	B	0.11%
USLM	A	0.11%
WS	B	0.1%
TROX	D	0.09%
PCT	C	0.09%
KALU	C	0.09%
CENX	B	0.08%
ASPN	F	0.07%
TRS	B	0.07%
OEC	C	0.07%
SXC	A	0.07%
KOP	C	0.06%
ASIX	A	0.06%
ECVT	C	0.06%
MATV	D	0.05%
GATO	D	0.05%
IE	C	0.05%
RYI	C	0.05%
HAYN	C	0.05%
PTVE	B	0.04%
MTUS	C	0.04%
METC	C	0.03%
MYE	F	0.03%
ZEUS	C	0.03%
CMP	C	0.03%
CLW	F	0.03%
LXU	B	0.03%
RDUS	C	0.03%
MERC	F	0.02%
KRO	D	0.02%
PACK	B	0.02%
GEF	A	0.02%

FMAT Underweight 5 Positions Relative to FXZ

Symbol	Grade	Weight
TKR	D	-3.63%
FAST	B	-2.32%
SCCO	F	-1.75%
RBC	A	-0.93%
HXL	D	-0.85%