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FMATvsXLBETF Comparison
Fidelity MSCI Materials Index ETF (FMAT) and State Street Materials Select Sector SPDR ETF (XLB) belong to the same industry segment: US Materials. Both ETFs have the same top 3 sector exposures: and Materials. Both FMAT and XLB have the same Total Expense Ratio (TER) of 0.08%. FMAT is up 9.54% year-to-date (YTD) with +$33M in YTD flows. XLB performs better with 9.97% YTD performance, and +$802M in YTD flows. Run a side-by-side ETF comparison of FMAT and XLB 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 XLB performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FMAT XLB | -5.48%-7.02% | +12.67%+11.04% | +9.54%+9.97% | +21.90%+19.17% | +38.32%+36.59% | +44.96%+40.23% |
| Flows | FMAT XLB | +$6M+$299M | +$43M+$910M | +$33M+$802M | -$79M+$553M | -$38M-$14M | +$78M-$832M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FMAT XLB | +19.63%+17.91% | +21.01%+20.57% | +17.58%+16.95% | +19.54%+18.86% |
| Max drawdown | FMAT XLB | -7.30%-7.02% | -14.66%-14.65% | -23.21%-23.18% | -25.40%-24.78% |
| Max drawdown duration | FMAT XLB | 9d28d | 57d43d | 430d445d | 679d679d |
FMAT | XLB | |
Last sale 3/11/2026 at 1:30 PM | $58.02 | $49.84 |
| Previous close 03/11/2026 | $58.20 | $49.88 |
| Consolidated volume 03/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Create an account to view replication metrics
FMAT | XLB | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
FMAT | XLB | |
|---|---|---|
| Last price | $58.02 | $49.84 |
| 1D performance | -0.31% | -0.08% |
| AuM | $532.35 M | $6.67 B |
| E/R | 0.08% | 0.08% |
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 XLB ETFs performed in 2026?
As of March 10, 2026, FMAT is up 9.54% year-to-date (YTD), while XLB has returned 9.97%. That puts XLB better performer ahead so far this year.
Which ETF is attracting more investor money: FMAT or XLB?
Year-to-date, the FMAT ETF saw +$33M in flows, compared to +$802M for XLB.
Which ETF is more volatile: FMAT or XLB?
Over the past year, FMAT had a volatility of 21.01%, while XLB experienced 20.57%.
Which ETF is bigger: FMAT or XLB?
As of March 10, 2026, FMAT holds $532.35 M in assets under management (AUM), while XLB manages $6.67 B.
What sectors do the FMAT and XLB ETFs invest in?
FMAT leans toward sectors like Materials. Meanwhile, XLB focuses on Materials.
What are the top holdings of the FMAT ETF and XLB ETF?
FMAT top holdings include IE000S9YS762, NEWMONT CORP and FREEPORT-MCMORAN INC. XLB holds in its top three: IE000S9YS762, NEWMONT CORP and FREEPORT-MCMORAN INC.
Which ETF is more diversified: FMAT or XLB?
FMAT holds 105 securities with 65.23% of its assets in the top 15. XLB has 25 securities and a top 15 weight of 76.05%.
Investing in Sector ETFs: Energy, Industrials, & Materials
Tony's ETF Buyer's Guide: Sector ETFs (Vanguard versus State Street SPDR)
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