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FMATvsXLBIETF Comparison
The Materials Select Sector SPDR Premium Income Fund
Fidelity MSCI Materials Index ETF (FMAT) belongs to the US Materials segment. The Materials Select Sector SPDR Premium Income Fund (XLBI) is part of the Options Strategies segment. 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 0.35% for XLBI. FMAT is up 9.54% year-to-date (YTD) with +$33M in YTD flows. XLBI performs worse with 2.29% YTD performance, and +$3M in YTD flows. Run a side-by-side ETF comparison of FMAT and XLBI 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 XLBI performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FMAT XLBI | -5.48%-5.39% | +12.67%+3.70% | +9.54%+2.29% | +21.90%n/a | +38.32%n/a | +44.96%n/a |
| Flows | FMAT XLBI | +$6M- | +$43M+$3M | +$33M+$3M | -$79M- | -$38M- | +$78M- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FMAT XLBI | +19.63%+11.39% | +21.01%n/a | +17.58%n/a | +19.54%n/a |
| Max drawdown | FMAT XLBI | -7.30%-5.71% | -14.66%n/a | -23.21%n/a | -25.40%n/a |
| Max drawdown duration | FMAT XLBI | 9d10d | 57dn/a | 430dn/a | 679dn/a |
FMAT | XLBI | |
Last sale 3/12/2026 at 1:30 PM | $57.60 | $23.57 |
| Previous close 03/11/2026 | $58.02 | $23.65 |
| 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 | XLBI | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
FMAT | XLBI | |
|---|---|---|
| Last price | $57.60 | $23.57 |
| 1D performance | -0.72% | -0.34% |
| AuM | $532.35 M | $5.20 M |
| E/R | 0.08% | 0.35% |
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 XLBI ETFs performed in 2026?
As of March 10, 2026, FMAT is up 9.54% year-to-date (YTD), while XLBI has returned 2.29%. That puts FMAT better performer ahead so far this year.
Which ETF is attracting more investor money: FMAT or XLBI?
Year-to-date, the FMAT ETF saw +$33M in flows, compared to +$3M for XLBI.
Which ETF is bigger: FMAT or XLBI?
As of March 10, 2026, FMAT holds $532.35 M in assets under management (AUM), while XLBI manages $5.20 M.
What sectors do the FMAT and XLBI ETFs invest in?
FMAT leans toward sectors like Materials. Meanwhile, XLBI focuses on Materials.
What are the top holdings of the FMAT ETF and XLBI ETF?
FMAT top holdings include IE000S9YS762, NEWMONT CORP and FREEPORT-MCMORAN INC. XLBI holds in its top three: IE000S9YS762, NEWMONT CORP and FREEPORT-MCMORAN INC.
Which ETF is more diversified: FMAT or XLBI?
FMAT holds 105 securities with 65.23% of its assets in the top 15. XLBI has 25 securities and a top 15 weight of 75.9%.
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