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FMATvsFXZETF Comparison
Fidelity MSCI Materials Index ETF (FMAT) and First Trust Materials AlphaDEX Fund ETF (FXZ) belong to the same industry segment: US Materials. Both ETFs have the same top 3 sector exposures: and Materials. FMAT is less expensive with a Total Expense Ratio (TER) of 0.08%, versus 0.64% for FXZ. FMAT is up 8.45% year-to-date (YTD) with +$33M in YTD flows. FXZ performs better with 17.4% YTD performance, and +$89M in YTD flows. Run a side-by-side ETF comparison of FMAT and FXZ below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
FMAT vs FXZ performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FMAT FXZ | -5.86%-1.42% | +9.06%+17.49% | +8.45%+17.40% | +21.58%+39.85% | +38.45%+25.83% | +42.12%+48.71% |
| Flows | FMAT FXZ | +$6M+$16M | +$43M+$89M | +$33M+$89M | -$74M+$24M | -$38M-$1.38B | +$73M+$186M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FMAT FXZ | +19.21%+22.74% | +21.02%+25.65% | +17.57%+21.83% | +19.55%+24.28% |
| Max drawdown | FMAT FXZ | -7.82%-6.42% | -14.66%-17.78% | -23.21%-33.94% | -25.40%-33.94% |
| Max drawdown duration | FMAT FXZ | 11d10d | 57d82d | 430d639d | 679d639d |
FMAT | FXZ | |
Last sale 3/13/2026 at 1:30 PM | $56.89 | $74.00 |
| Previous close 03/12/2026 | $57.60 | $76.04 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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FMAT | FXZ | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
FMAT | FXZ | |
|---|---|---|
| Last price | $56.89 | $74.00 |
| 1D performance | -1.23% | -2.68% |
| AuM | $527.01 M | $338.31 M |
| E/R | 0.08% | 0.64% |
FMAT | FXZ | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Fidelity | First Trust |
| Benchmark | MSCI USA IMI Materials 25/50 | StrataQuant Materials Index |
| N° of holdings | 89 | 36 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 21, 2013 | May 8, 2007 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the FMAT and FXZ ETFs performed in 2026?
As of March 12, 2026, FMAT is up 8.45% year-to-date (YTD), while FXZ has returned 17.4%. That puts FXZ better performer ahead so far this year.
Which ETF is attracting more investor money: FMAT or FXZ?
Year-to-date, the FMAT ETF saw +$33M in flows, compared to +$89M for FXZ.
Which ETF is more volatile: FMAT or FXZ?
Over the past year, FMAT had a volatility of 21.02%, while FXZ experienced 25.65%.
Which ETF is bigger: FMAT or FXZ?
As of March 12, 2026, FMAT holds $527.01 M in assets under management (AUM), while FXZ manages $338.31 M.
What sectors do the FMAT and FXZ ETFs invest in?
FMAT leans toward sectors like Materials. Meanwhile, FXZ focuses on Materials and Industrials.
What are the top holdings of the FMAT ETF and FXZ ETF?
FMAT top holdings include IE000S9YS762, NEWMONT CORP and FREEPORT-MCMORAN INC. FXZ holds in its top three: CF INDUSTRIES HOLDINGS, THE MOSAIC COMPANY and NEWMONT CORP.
Which ETF is more diversified: FMAT or FXZ?
FMAT holds 105 securities with 65.23% of its assets in the top 15. FXZ has 37 securities and a top 15 weight of 62.51%.
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