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FMATvsXLBIETF Comparison

ETF 1

FMAT

Fidelity MSCI Materials Index ETF

This fund is part of

US Materials

+0.02%

Full FMAT fund page

VS

ETF 2

XLBI

State Street Materials Select Sector SPDR Premium Income Fund

This fund is part of

Options Strategies

+0.52%

Full XLBI fund page

Fidelity MSCI Materials Index ETF (FMAT) belongs to the US Materials segment. State Street Materials Select Sector SPDR Premium Income Fund (XLBI) is part of the Options Strategies segment. FMAT's top 3 sector exposures are Non-Energy Materials, Energy and Industrials. In contrast, XLBI's top sector exposures are Non-Energy Materials. FMAT is less expensive with a Total Expense Ratio (TER) of 0.084%, versus 0.35% for XLBI. FMAT is up 10.81% year-to-date (YTD) with +$101M in YTD flows. XLBI performs worse with 9.5% YTD performance, and +$6M 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.

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FMAT vs XLBI performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 09/11/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FMAT XLBI	-4.07%-2.19%	-0.77%+2.44%	+10.81%+9.50%	+10.26%+9.59%	+33.54%n/a	+36.14%n/a
Flows	FMAT XLBI	+$9M+$483K	-$3M+$2M	+$101M+$6M	+$124M+$7M	+$34M-	+$10M-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FMAT XLBI	+18.93%+14.48%	+19.15%+14.23%	+18.23%n/a	+19.90%n/a
Max drawdown	FMAT XLBI	-6.65%-3.92%	-13.46%-10.72%	-23.21%n/a	-25.40%n/a
Max drawdown duration	FMAT XLBI	52d17d	194d102d	430dn/a	679dn/a

Trading data

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	FMAT	XLBI
Last sale 9/11/2026 at 1:30 PM	$58.46	$23.70
Previous close 09/11/2026	$58.21	$23.56
Consolidated volume 09/11/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of August 31, 2026

1-year trailing difference

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XLBI

is actively managed and doesn’t replicate an index

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	FMAT	XLBI
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 9/11/2026 at 1:30 PM

Live

Closed

	FMAT	XLBI
Last price	$58.46	$23.70
1D performance	+0.43%	+0.56%
AuM	$601.85 M	$8.28 M
E/R	0.084%	0.35%

Characteristics

	FMAT	XLBI
Management strategy	Passive	Active
Provider	Fidelity	State Street Investment Management
Benchmark	MSCI USA IMI Materials 25/50	-
N° of holdings	100	25
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	October 21, 2013	July 30, 2025
ESG	No	No

More FMAT data on Trackinsight

More XLBI data on Trackinsight

Exposure

Countries

FMAT

USA

79.87%

United Kingdom

16.44%

Other

3.7%

XLBI

USA

77.43%

United Kingdom

15.54%

Other

7.04%

Sectors

FMAT

Non-Energy Materi.

99.34%

Other

0.66%

XLBI

Non-Energy Materi.

99.14%

Other

0.86%

Diversification

FMAT

Total weight of top 15 holdings out of 15

66.31%

XLBI

Total weight of top 15 holdings out of 15

75.63%

Top 15 holdings

Data as of July 31, 2026

FMAT

Linde Plc

15.46%

Newmont Corp.

6.45%

Freeport-McMoRan, Inc.

5.78%

The Sherwin-Williams Co.

5.43%

Ecolab, Inc.

4.69%

CRH Plc

4.52%

Air Products & Chemicals, Inc.

4.04%

Corteva, Inc.

3.90%

Nucor Corp.

3.85%

Vulcan Materials Co.

2.46%

Steel Dynamics, Inc.

2.33%

Martin Marietta Materials, Inc.

2.29%

PPG Industries, Inc.

1.74%

Smurfit WestRock Plc

1.74%

Amrize Ltd.

1.64%

XLBI

Linde Plc

13.33%

Newmont Corp.

6.03%

Freeport-McMoRan, Inc.

5.43%

The Sherwin-Williams Co.

5.03%

Ecolab, Inc.

4.84%

Air Products & Chemicals, Inc.

4.78%

Corteva, Inc.

4.74%

Nucor Corp.

4.61%

Vulcan Materials Co.

4.42%

CRH Plc

4.26%

Martin Marietta Materials, Inc.

4.26%

Steel Dynamics, Inc.

4.20%

PPG Industries, Inc.

3.39%

Smurfit WestRock Plc

3.32%

Dow, Inc.

3.00%

Frequently asked questions about FMAT and XLBI

How have the FMAT and XLBI ETFs performed in 2026?

As of September 11, 2026, FMAT is up 10.81% year-to-date (YTD), while XLBI has returned 9.5%. 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 +$101M in flows, compared to +$6M for XLBI.

Which ETF is more volatile: FMAT or XLBI?

Over the past year, FMAT had a volatility of 19.15%, while XLBI experienced 14.23%.

Which ETF is bigger: FMAT or XLBI?

As of September 11, 2026, FMAT holds $601.85 M in assets under management (AUM), while XLBI manages $8.28 M.

What sectors do the FMAT and XLBI ETFs invest in?

FMAT leans toward sectors like Non-Energy Materials. Meanwhile, XLBI focuses on Non-Energy Materials.

What are the top holdings of the FMAT ETF and XLBI ETF?

FMAT top holdings include Linde Plc, Newmont Corp. and Freeport-McMoRan, Inc.. XLBI holds in its top three: Linde Plc, Newmont Corp. and Freeport-McMoRan, Inc..

FMATvsXLBIETF Comparison

Fidelity MSCI Materials Index ETF

State Street Materials Select Sector SPDR Premium Income Fund

FMAT vs XLBI performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the FMAT and XLBI ETFs performed in 2026?

As of September 11, 2026, FMAT is up 10.81% year-to-date (YTD), while XLBI has returned 9.5%. 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 +$101M in flows, compared to +$6M for XLBI.

Which ETF is more volatile: FMAT or XLBI?

Over the past year, FMAT had a volatility of 19.15%, while XLBI experienced 14.23%.

Which ETF is bigger: FMAT or XLBI?

As of September 11, 2026, FMAT holds $601.85 M in assets under management (AUM), while XLBI manages $8.28 M.

What sectors do the FMAT and XLBI ETFs invest in?

FMAT leans toward sectors like Non-Energy Materials. Meanwhile, XLBI focuses on Non-Energy Materials.

What are the top holdings of the FMAT ETF and XLBI ETF?

FMAT top holdings include Linde Plc, Newmont Corp. and Freeport-McMoRan, Inc.. XLBI holds in its top three: Linde Plc, Newmont Corp. and Freeport-McMoRan, Inc..

Which ETF is more diversified: FMAT or XLBI?

FMAT holds 101 securities with 66.31% of its assets in the top 15. XLBI has 25 securities and a top 15 weight of 75.63%.

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