FMAT vs. XLB ETF Comparison

Comparison of Fidelity MSCI Materials Index ETF (FMAT) to Materials Select Sector SPDR (XLB)

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

$52.84

Average Daily Volume

35,272

Number of Holdings ^*

110

* may have additional holdings in another (foreign) market

XLB

Materials Select Sector SPDR

XLB Description

The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Materials Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies from the following industries: chemicals; metals & mining; paper & forest products; containers & packaging; and construction materials. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$94.04

Average Daily Volume

4,010,953

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FMAT	XLB
30 Days	2.93%	2.54%
60 Days	3.85%	4.02%
90 Days	6.25%	5.41%
12 Months	21.72%	21.72%

28 Overlapping Holdings

Symbol	Grade	Weight in FMAT	Weight in XLB	Overlap
ALB	F	0.75%	1.0%	0.75%
AMCR	C	1.13%	1.53%	1.13%
APD	B	4.48%	6.06%	4.48%
AVY	D	1.27%	1.69%	1.27%
BALL	C	1.47%	1.98%	1.47%
CE	F	0.94%	1.18%	0.94%
CF	C	1.02%	1.39%	1.02%
CTVA	B	2.79%	3.73%	2.79%
DD	B	2.42%	3.26%	2.42%
DOW	D	2.54%	3.39%	2.54%
ECL	A	4.64%	6.07%	4.64%
EMN	B	0.84%	1.18%	0.84%
FCX	D	4.32%	5.81%	4.32%
FMC	C	0.56%	0.75%	0.56%
IFF	C	1.9%	2.52%	1.9%
IP	C	1.14%	1.65%	1.14%
LIN	B	16.17%	21.54%	16.17%
LYB	F	1.76%	2.3%	1.76%
MLM	D	2.29%	3.11%	2.29%
MOS	F	0.58%	0.78%	0.58%
NEM	B	4.39%	5.33%	4.39%
NUE	F	2.43%	3.26%	2.43%
PKG	B	1.35%	1.82%	1.35%
PPG	D	2.12%	2.85%	2.12%
SHW	B	6.48%	8.34%	6.48%
STLD	D	1.19%	1.56%	1.19%
SW	C	1.67%	2.31%	1.67%
VMC	D	2.25%	3.05%	2.25%

FMAT Overweight 82 Positions Relative to XLB

Symbol	Grade	Weight
RS	D	1.13%
RPM	B	1.1%
CCK	A	0.78%
ATR	B	0.72%
RGLD	B	0.67%
EXP	B	0.65%
GPK	B	0.65%
ATI	C	0.56%
X	D	0.56%
AXTA	C	0.55%
BERY	C	0.54%
AA	D	0.53%
CRS	A	0.47%
LPX	B	0.44%
ESI	D	0.42%
CBT	B	0.41%
CMC	D	0.41%
CLF	F	0.39%
BCPC	C	0.39%
WLK	D	0.38%
SON	D	0.38%
OLN	D	0.36%
SEE	D	0.34%
SUM	D	0.33%
KNF	B	0.32%
SLGN	B	0.31%
FUL	D	0.31%
AVNT	B	0.3%
NEU	D	0.29%
ASH	D	0.29%
HL	B	0.28%
HUN	D	0.26%
CDE	C	0.2%
HCC	F	0.2%
SMG	C	0.2%
SLVM	A	0.19%
IOSP	D	0.19%
SXT	C	0.19%
CC	F	0.18%
MTX	D	0.17%
KWR	F	0.17%
HWKN	C	0.17%
AMR	F	0.16%
MTRN	F	0.15%
ARCH	F	0.15%
OI	D	0.13%
PRM	B	0.12%
SCL	D	0.12%
MP	D	0.12%
GEF	D	0.11%
ASPN	C	0.11%
TROX	F	0.1%
NGVT	D	0.09%
KALU	F	0.08%
PCT	C	0.07%
USLM	B	0.07%
OEC	F	0.07%
TRS	C	0.07%
MATV	C	0.07%
WS	D	0.07%
HAYN	D	0.06%
KOP	F	0.06%
SXC	F	0.05%
ECVT	F	0.05%
ASIX	C	0.05%
CENX	D	0.05%
PTVE	D	0.04%
IE	F	0.04%
RYI	F	0.04%
MTUS	F	0.04%
GATO	B	0.04%
LXU	F	0.03%
ZEUS	F	0.03%
RDUS	D	0.03%
MYE	F	0.03%
CLW	F	0.03%
KRO	D	0.02%
MERC	F	0.02%
GEF	D	0.02%
PACK	D	0.02%
METC	F	0.02%
CMP	D	0.02%

FMAT Underweight 0 Positions Relative to XLB

	Symbol	Grade	Weight

XLB: Top Represented Industries & Keywords

Industries: Specialty Chemicals Chemicals Packaging & Containers Agricultural Inputs Building Materials Steel Business Equipment Copper Gold