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FMATvsIYMETF Comparison
Fidelity MSCI Materials Index ETF (FMAT) and iShares U.S. Basic Materials ETF (IYM) 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 0.38% for IYM. FMAT is up 9.54% year-to-date (YTD) with +$33M in YTD flows. IYM performs better with 15.6% YTD performance, and +$624M in YTD flows. Run a side-by-side ETF comparison of FMAT and IYM 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 IYM performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FMAT IYM | -5.48%-3.84% | +12.67%+16.91% | +9.54%+15.60% | +21.90%+35.25% | +38.32%+46.37% | +44.96%+55.09% |
| Flows | FMAT IYM | +$6M+$167M | +$43M+$709M | +$33M+$624M | -$79M+$705M | -$38M+$390M | +$78M+$638M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FMAT IYM | +19.63%+20.79% | +21.01%+21.74% | +17.58%+17.91% | +19.54%+20.22% |
| Max drawdown | FMAT IYM | -7.30%-6.90% | -14.66%-15.07% | -23.21%-23.58% | -25.40%-29.91% |
| Max drawdown duration | FMAT IYM | 9d9d | 57d75d | 430d352d | 679d709d |
FMAT | IYM | |
Last sale 3/11/2026 at 1:30 PM | $58.02 | $177.86 |
| Previous close 03/11/2026 | $58.20 | $177.65 |
| Consolidated volume 03/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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FMAT | IYM | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
FMAT | IYM | |
|---|---|---|
| Last price | $58.02 | $177.86 |
| 1D performance | -0.31% | +0.12% |
| AuM | $532.35 M | $1.42 B |
| E/R | 0.08% | 0.38% |
FMAT | IYM | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Fidelity | iShares |
| Benchmark | MSCI USA IMI Materials 25/50 | Russell 1000 Basic Materials RIC 22.5/45 Capped Gross Index |
| N° of holdings | 89 | 36 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 21, 2013 | June 12, 2000 |
| 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 IYM ETFs performed in 2026?
As of March 10, 2026, FMAT is up 9.54% year-to-date (YTD), while IYM has returned 15.6%. That puts IYM better performer ahead so far this year.
Which ETF is attracting more investor money: FMAT or IYM?
Year-to-date, the FMAT ETF saw +$33M in flows, compared to +$624M for IYM.
Which ETF is more volatile: FMAT or IYM?
Over the past year, FMAT had a volatility of 21.01%, while IYM experienced 21.74%.
Which ETF is bigger: FMAT or IYM?
As of March 10, 2026, FMAT holds $532.35 M in assets under management (AUM), while IYM manages $1.42 B.
What sectors do the FMAT and IYM ETFs invest in?
FMAT leans toward sectors like Materials. Meanwhile, IYM focuses on Materials and Industrials.
What are the top holdings of the FMAT ETF and IYM ETF?
FMAT top holdings include IE000S9YS762, NEWMONT CORP and FREEPORT-MCMORAN INC. IYM holds in its top three: IE000S9YS762, NEWMONT CORP and FREEPORT-MCMORAN INC.
Which ETF is more diversified: FMAT or IYM?
FMAT holds 105 securities with 65.23% of its assets in the top 15. IYM has 39 securities and a top 15 weight of 78.21%.
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