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FMATvsVAWETF Comparison
Fidelity MSCI Materials Index ETF (FMAT) and Vanguard Materials ETF (VAW) 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 0.09% for VAW. FMAT is up 9.54% year-to-date (YTD) with +$33M in YTD flows. VAW performs worse with 9.21% YTD performance, and -$102M in YTD flows. Run a side-by-side ETF comparison of FMAT and VAW 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 VAW performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FMAT VAW | -5.48%-6.92% | +12.67%+9.75% | +9.54%+9.21% | +21.90%+22.17% | +38.32%+39.44% | +44.96%+43.48% |
| Flows | FMAT VAW | +$6M+$16M | +$43M-$119M | +$33M-$102M | -$79M-$152M | -$38M-$593M | +$78M-$491M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FMAT VAW | +19.63%+19.09% | +21.01%+21.02% | +17.58%+17.50% | +19.54%+19.63% |
| Max drawdown | FMAT VAW | -7.30%-7.26% | -14.66%-14.66% | -23.21%-23.20% | -25.40%-25.44% |
| Max drawdown duration | FMAT VAW | 9d10d | 57d57d | 430d430d | 679d679d |
FMAT | VAW | |
Last sale 3/11/2026 at 1:30 PM | $58.02 | $226.62 |
| Previous close 03/11/2026 | $58.20 | $227.24 |
| 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 | VAW | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
FMAT | VAW | |
|---|---|---|
| Last price | $58.02 | $226.62 |
| 1D performance | -0.31% | -0.27% |
| AuM | $532.35 M | $2.98 B |
| E/R | 0.08% | 0.09% |
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 VAW ETFs performed in 2026?
As of March 10, 2026, FMAT is up 9.54% year-to-date (YTD), while VAW has returned 9.21%. That puts FMAT better performer ahead so far this year.
Which ETF is attracting more investor money: FMAT or VAW?
Year-to-date, the FMAT ETF saw +$33M in flows, compared to -$102M for VAW.
Which ETF is more volatile: FMAT or VAW?
Over the past year, FMAT had a volatility of 21.01%, while VAW experienced 21.02%.
Which ETF is bigger: FMAT or VAW?
As of March 10, 2026, FMAT holds $532.35 M in assets under management (AUM), while VAW manages $2.98 B.
What sectors do the FMAT and VAW ETFs invest in?
FMAT leans toward sectors like Materials. Meanwhile, VAW focuses on Materials.
What are the top holdings of the FMAT ETF and VAW ETF?
FMAT top holdings include IE000S9YS762, NEWMONT CORP and FREEPORT-MCMORAN INC. VAW holds in its top three: IE000S9YS762, NEWMONT CORP and FREEPORT-MCMORAN INC.
Which ETF is more diversified: FMAT or VAW?
FMAT holds 105 securities with 65.23% of its assets in the top 15. VAW has 113 securities and a top 15 weight of 64.9%.
Tony's ETF Buyer's Guide: Sector ETFs (Vanguard versus State Street SPDR)
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