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FMATvsXMEETF Comparison
Fidelity MSCI Materials Index ETF (FMAT) and SPDR S&P Metals & Mining ETF (XME) 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 0.35% for XME. FMAT is up 9.54% year-to-date (YTD) with +$33M in YTD flows. XME performs better with 10.89% YTD performance, and +$924M in YTD flows. Run a side-by-side ETF comparison of FMAT and XME 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 XME performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FMAT XME | -5.48%-7.08% | +12.67%+9.66% | +9.54%+10.89% | +21.90%+107.96% | +38.32%+125.71% | +44.96%+190.05% |
| Flows | FMAT XME | +$6M+$298M | +$43M+$1.20B | +$33M+$924M | -$79M+$1.51B | -$38M+$593M | +$78M+$929M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FMAT XME | +19.63%+38.87% | +21.01%+34.94% | +17.58%+28.92% | +19.54%+32.49% |
| Max drawdown | FMAT XME | -7.30%-16.16% | -14.66%-19.68% | -23.21%-30.47% | -25.40%-37.25% |
| Max drawdown duration | FMAT XME | 9d45d | 57d80d | 430d237d | 679d760d |
FMAT | XME | |
Last sale 3/12/2026 at 6:43 PM | $57.78 | $113.73 |
| Previous close 03/11/2026 | $58.02 | $114.90 |
| 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 | XME | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
FMAT | XME | |
|---|---|---|
| Last price | $57.78 | $113.73 |
| 1D performance | -0.41% | -1.02% |
| AuM | $532.35 M | $4.65 B |
| 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 XME ETFs performed in 2026?
As of March 10, 2026, FMAT is up 9.54% year-to-date (YTD), while XME has returned 10.89%. That puts XME better performer ahead so far this year.
Which ETF is attracting more investor money: FMAT or XME?
Year-to-date, the FMAT ETF saw +$33M in flows, compared to +$924M for XME.
Which ETF is more volatile: FMAT or XME?
Over the past year, FMAT had a volatility of 21.01%, while XME experienced 34.94%.
Which ETF is bigger: FMAT or XME?
As of March 10, 2026, FMAT holds $532.35 M in assets under management (AUM), while XME manages $4.65 B.
What sectors do the FMAT and XME ETFs invest in?
FMAT leans toward sectors like Materials. Meanwhile, XME focuses on Materials and Energy.
What are the top holdings of the FMAT ETF and XME ETF?
FMAT top holdings include IE000S9YS762, NEWMONT CORP and FREEPORT-MCMORAN INC. XME holds in its top three: URANIUM ENERGY, HECLA MINING and FREEPORT-MCMORAN INC.
Which ETF is more diversified: FMAT or XME?
FMAT holds 105 securities with 65.23% of its assets in the top 15. XME has 35 securities and a top 15 weight of 71.89%.
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