Fidelity MSCI Materials Index ETF·Financial Services

Launched on October 21, 2013, the Fidelity MSCI Materials Index ETF (FMAT) is a passively managed exchange traded fund designed to provide a broad exposure to the Materials - Broad segment of the equity market.

Can materials stocks build on their strong momentum this year, following some positive signs in 2025? The wide universe of materials stocks offers exposure to areas ranging from gold to the A.I.

Designed to provide broad exposure to the Materials - Broad segment of the equity market, the Fidelity MSCI Materials Index ETF (FMAT) is a passively managed exchange traded fund launched on October 21, 2013.

Materials sector appears most overpriced among GICS sectors, with construction materials moderately overvalued and chemicals least compelling on value and quality metrics. Fidelity MSCI Materials Index ETF offers broad, capital-weighted exposure, closely mirroring XLB in valuation and long-term risk-adjusted performance. Six materials stocks cheaper than their peers starting in 2026.
Tracks the performance of the MSCI USA IMI Materials 25/50 Index.
Financial Services
Asset Management
2013-10-24
1.18
Market Peers





