PICK vs. FMAT ETF Comparison

Comparison of iShaes MSCI Global Select Metals & Mining Producers Fund (PICK) to Fidelity MSCI Materials Index ETF (FMAT)

PICK

iShaes MSCI Global Select Metals & Mining Producers Fund

PICK Description

The investment seeks to replicate the MSCI ACWI Select Metals & Mining Producers Ex Gold & Silver Investable Market Index. The fund generally invests at least 80% of its assets in securities of the underlying index or in depositary receipts representing securities in the index. The underlying index has been developed by MSCI Inc. to measure the combined performance of equity securities of companies primarily involved in the extraction or production of diversified metals, the production of aluminum or steel, and in the mining of precious metals and minerals (excluding gold and silver) in both developed and emerging markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$39.04

Average Daily Volume

220,736

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$52.42

Average Daily Volume

33,024

Number of Holdings ^*

110

* may have additional holdings in another (foreign) market

Performance

Period	PICK	FMAT
30 Days	-5.62%	-4.39%
60 Days	-1.71%	-0.90%
90 Days	1.53%	4.07%
12 Months	0.56%	18.79%

27 Overlapping Holdings

Symbol	Grade	Weight in PICK	Weight in FMAT	Overlap
AA	A	0.82%	0.73%	0.73%
AMR	C	0.26%	0.18%	0.18%
ARCH	B	0.28%	0.2%	0.2%
ATI	D	0.7%	0.48%	0.48%
CENX	B	0.13%	0.08%	0.08%
CLF	F	0.02%	0.45%	0.02%
CMC	B	0.68%	0.48%	0.48%
CMP	B	0.05%	0.03%	0.03%
CRS	A	0.82%	0.56%	0.56%
FCX	F	6.11%	4.73%	4.73%
HAYN	A	0.08%	0.05%	0.05%
HCC	B	0.34%	0.26%	0.26%
IE	D	0.07%	0.05%	0.05%
KALU	C	0.13%	0.09%	0.09%
METC	C	0.04%	0.02%	0.02%
MP	B	0.22%	0.17%	0.17%
MTRN	C	0.24%	0.17%	0.17%
MTUS	F	0.06%	0.04%	0.04%
NUE	D	3.52%	2.62%	2.62%
RDUS	C	0.05%	0.04%	0.04%
RS	B	1.78%	1.25%	1.25%
RYI	C	0.08%	0.05%	0.05%
STLD	B	2.07%	1.5%	1.5%
SXC	A	0.1%	0.07%	0.07%
WS	B	0.14%	0.1%	0.1%
X	C	0.8%	0.64%	0.64%
ZEUS	C	0.04%	0.03%	0.03%

PICK Overweight 1 Positions Relative to FMAT

	Symbol	Grade	Weight
	SAR	A	0.0%

PICK Underweight 83 Positions Relative to FMAT

Symbol	Grade	Weight
LIN	D	-15.16%
SHW	C	-6.26%
APD	A	-4.71%
ECL	D	-4.29%
NEM	F	-3.53%
CTVA	D	-2.77%
VMC	B	-2.6%
MLM	B	-2.58%
DD	D	-2.45%
DOW	F	-2.33%
PPG	D	-2.0%
SW	A	-1.88%
IFF	F	-1.57%
LYB	F	-1.54%
PKG	B	-1.46%
IP	A	-1.31%
BALL	D	-1.26%
RPM	A	-1.17%
AVY	D	-1.12%
CF	A	-1.05%
AMCR	D	-1.0%
EMN	C	-0.82%
ALB	C	-0.8%
ATR	B	-0.78%
CCK	D	-0.76%
EXP	B	-0.71%
RGLD	A	-0.66%
CE	F	-0.66%
MOS	D	-0.62%
GPK	D	-0.6%
AXTA	A	-0.59%
BERY	C	-0.52%
FMC	F	-0.51%
LPX	A	-0.48%
ESI	B	-0.45%
CBT	C	-0.44%
SUM	B	-0.41%
BCPC	B	-0.39%
KNF	B	-0.37%
WLK	F	-0.36%
OLN	F	-0.35%
SON	D	-0.34%
SEE	D	-0.34%
AVNT	B	-0.32%
SLGN	A	-0.31%
FUL	F	-0.29%
NEU	D	-0.27%
ASH	F	-0.26%
HUN	F	-0.24%
HL	D	-0.24%
SLVM	B	-0.22%
CC	C	-0.21%
SMG	D	-0.21%
SXT	C	-0.2%
IOSP	C	-0.2%
MTX	B	-0.18%
CDE	C	-0.18%
KWR	C	-0.17%
HWKN	B	-0.16%
OI	D	-0.14%
PRM	C	-0.13%
SCL	D	-0.12%
USLM	A	-0.11%
NGVT	B	-0.11%
GEF	B	-0.11%
PCT	C	-0.1%
TROX	F	-0.1%
OEC	C	-0.07%
TRS	D	-0.07%
ASPN	F	-0.07%
ASIX	B	-0.06%
ECVT	C	-0.06%
GATO	C	-0.05%
MATV	F	-0.05%
KOP	C	-0.05%
PTVE	C	-0.04%
MYE	F	-0.03%
LXU	C	-0.03%
CLW	F	-0.03%
MERC	F	-0.02%
KRO	D	-0.02%
GEF	B	-0.02%
PACK	C	-0.02%

PICK: Top Represented Industries & Keywords

Industries: Steel Coal Metal Fabrication Aluminum Industrial Metals & Minerals Asset Management Copper Other Industrial Metals & Mining Software - Application