FMAT — Fidelity MSCI Materials Index ETF
Data updated: 2026-06-23
FMAT — Fidelity MSCI Materials Index ETF data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. United States Materials Equity · $603.22M AUM · 0.08% expense ratio · 27.0% 1-yr return. From SEC regulatory filings.
FMAT Fund Overview
FMAT — Fidelity MSCI Materials Index ETF is a US ETF managed by Fidelity Covington Trust, categorised as United States Materials Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Fidelity Covington Trust
- Category: United States Materials Equity
- Assets under management: $603.22M
- 1-year return: 27.0%
- Ticker: FMAT
- SEC CIK: 0000945908
- SEC series ID: S000042578
- Share class ID: C000131670
FMAT Holdings
Top 10 holdings of Fidelity MSCI Materials Index ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Linde PLC | 14.99% |
| Newmont Corp | 7.77% |
| Freeport-McMoRan Inc | 5.32% |
| Crh PLC | 5.09% |
| Sherwin-Williams Co/The | 4.85% |
| Air Products and Chemicals Inc | 4.28% |
| Ecolab Inc | 4.26% |
| Corteva Inc | 3.51% |
| Nucor Corp | 3.30% |
| Vulcan Materials Co | 2.55% |
FMAT Portfolio Allocation
Asset-class allocation of Fidelity MSCI Materials Index ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.8% |
| Cash & Equivalents | 0.2% |
FMAT Performance
Total returns for FMAT (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 12.3% |
| 1 year | 27.0% |
| 3 years (annualised) | 11.4% |
| 5 years (annualised) | 6.9% |
FMAT Risk Information
Risk metrics for FMAT, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 16.9%
FMAT Costs and Fees
FMAT costs about $8 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.08%
- Gross expense ratio: 0.08%
- Portfolio turnover: 6%
- Brokerage commissions: 0.14 bps of average net assets (SEC N-CEN)
FMAT Cashflows
Over the 12 months to 2026-04, Fidelity MSCI Materials Index ETF had net inflows of $99.34M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | $56.45M |
| 2026-03 | $8.87M |
| 2026-02 | $14.97M |
| 2026-01 | $16.86M |
| 2025-12 | $5.34M |
| 2025-11 | $12.44M |
FMAT Debt Constituents
No individual debt constituents are reported in Fidelity MSCI Materials Index ETF's latest SEC N-PORT filing.
FMAT Prospectus and SEC Filings
Official Fidelity MSCI Materials Index ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Materials Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.