FMAT vs. SPVM ETF Comparison

Comparison of Fidelity MSCI Materials Index ETF (FMAT) to Invesco S&P 500 Value with Momentum ETF (SPVM)

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

$53.96

Average Daily Volume

33,282

Number of Holdings ^*

110

* may have additional holdings in another (foreign) market

SPVM

Invesco S&P 500 Value with Momentum ETF

SPVM Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500 High Momentum Value Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains and calculates the underlying index, which is designed to track the performance of approximately 100 stocks in the S&P 500® that have the highest value and momentum scores.

Grade (RS Rating)

Last Trade

$61.99

Average Daily Volume

1,222

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FMAT	SPVM
30 Days	-1.07%	5.19%
60 Days	1.51%	6.41%
90 Days	3.10%	7.95%
12 Months	20.19%	28.88%

9 Overlapping Holdings

Symbol	Grade	Weight in FMAT	Weight in SPVM	Overlap
BALL	F	1.35%	0.91%	0.91%
CE	F	0.57%	0.51%	0.51%
DOW	F	2.2%	0.53%	0.53%
EMN	C	0.83%	0.82%	0.82%
IP	A	1.32%	0.84%	0.84%
LYB	F	1.51%	0.76%	0.76%
NUE	C	2.46%	0.96%	0.96%
STLD	B	1.44%	1.16%	1.16%
SW	A	1.84%	0.93%	0.93%

FMAT Overweight 101 Positions Relative to SPVM

Symbol	Grade	Weight
LIN	C	15.3%
SHW	B	6.57%
APD	A	4.93%
ECL	D	4.47%
FCX	F	4.36%
NEM	D	3.29%
CTVA	C	2.81%
VMC	B	2.62%
MLM	C	2.54%
DD	C	2.44%
PPG	F	2.03%
IFF	D	1.6%
PKG	A	1.49%
RS	B	1.25%
RPM	A	1.23%
AVY	F	1.13%
CF	A	1.1%
AMCR	C	1.03%
ALB	B	0.84%
ATR	B	0.81%
CCK	D	0.76%
EXP	B	0.73%
AA	A	0.68%
RGLD	C	0.65%
AXTA	B	0.63%
GPK	C	0.61%
MOS	F	0.59%
CRS	B	0.57%
X	B	0.57%
BERY	C	0.53%
LPX	B	0.51%
FMC	D	0.49%
ATI	C	0.49%
CMC	B	0.48%
ESI	B	0.46%
SUM	B	0.42%
CBT	D	0.42%
CLF	F	0.4%
BCPC	B	0.4%
KNF	B	0.36%
SON	F	0.35%
OLN	F	0.35%
SEE	C	0.35%
WLK	D	0.34%
AVNT	B	0.33%
SLGN	A	0.32%
FUL	F	0.29%
NEU	D	0.27%
ASH	F	0.26%
HCC	B	0.24%
HL	D	0.23%
HUN	F	0.22%
SMG	C	0.22%
SLVM	B	0.21%
IOSP	C	0.21%
SXT	C	0.2%
ARCH	B	0.2%
CC	C	0.2%
AMR	C	0.18%
MTX	B	0.18%
MTRN	C	0.17%
KWR	C	0.17%
HWKN	B	0.17%
CDE	C	0.17%
MP	C	0.16%
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	C	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	B	0.06%
ECVT	C	0.06%
MATV	D	0.05%
GATO	C	0.05%
IE	C	0.05%
RYI	C	0.05%
HAYN	A	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	B	0.03%
MERC	F	0.02%
KRO	C	0.02%
PACK	B	0.02%
GEF	A	0.02%

FMAT Underweight 90 Positions Relative to SPVM

Symbol	Grade	Weight
GM	C	-2.4%
SYF	B	-1.84%
MTB	A	-1.74%
DAL	B	-1.71%
COF	C	-1.6%
CINF	A	-1.57%
VLO	C	-1.55%
BG	D	-1.49%
KR	B	-1.44%
L	A	-1.4%
STT	B	-1.38%
HBAN	A	-1.37%
PSX	C	-1.35%
AIZ	A	-1.35%
HPE	B	-1.33%
MPC	D	-1.31%
KEY	B	-1.25%
JBL	C	-1.23%
BK	A	-1.19%
WFC	A	-1.19%
USB	A	-1.18%
PNC	B	-1.18%
AIG	B	-1.16%
FITB	B	-1.15%
C	A	-1.15%
FDX	B	-1.12%
BBY	D	-1.12%
DHI	F	-1.11%
LEN	D	-1.09%
PRU	A	-1.08%
NRG	B	-1.08%
HIG	B	-1.07%
BAC	A	-1.07%
AFL	B	-1.06%
PHM	D	-1.06%
VTRS	A	-1.05%
EMR	B	-1.04%
KMI	A	-1.03%
TRV	B	-1.02%
BRK.A	B	-1.01%
COR	B	-1.01%
MET	A	-1.01%
ACGL	C	-1.0%
CAH	B	-0.98%
CBRE	B	-0.98%
BKR	A	-0.97%
GS	A	-0.97%
UHS	D	-0.96%
MCK	A	-0.96%
JPM	A	-0.96%
MOH	F	-0.94%
MRO	B	-0.93%
CI	D	-0.93%
CB	C	-0.92%
RJF	A	-0.92%
EOG	A	-0.9%
ATO	A	-0.89%
CCL	A	-0.87%
VZ	C	-0.86%
NCLH	B	-0.86%
BLDR	D	-0.86%
ALL	A	-0.85%
XOM	B	-0.84%
SNA	A	-0.83%
OMC	C	-0.83%
PCAR	B	-0.83%
CTSH	B	-0.83%
WRB	A	-0.79%
CMI	A	-0.77%
EBAY	D	-0.77%
EQT	B	-0.75%
OKE	A	-0.74%
FANG	C	-0.72%
WMT	A	-0.72%
DGX	A	-0.71%
HII	F	-0.71%
TXT	D	-0.7%
LH	B	-0.7%
BXP	C	-0.69%
COP	C	-0.67%
DUK	C	-0.66%
HST	C	-0.65%
HAL	C	-0.64%
SWK	D	-0.64%
CTRA	B	-0.64%
J	D	-0.64%
PEG	A	-0.61%
ELV	F	-0.6%
DVA	C	-0.6%
SWKS	F	-0.48%