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FXZvsFMATETF Comparison

ETF 1

FXZ

First Trust Materials AlphaDEX Fund ETF

This fund is part of

US Materials

-0.7%

Full FXZ fund page

VS

ETF 2

FMAT

Fidelity MSCI Materials Index ETF

This fund is part of

US Materials

-0.7%

Full FMAT fund page

First Trust Materials AlphaDEX Fund ETF (FXZ) and Fidelity MSCI Materials Index ETF (FMAT) belong to the same industry segment: US Materials. FXZ's top 3 sector exposures are Non-Energy Materials and Industrials. In contrast, FMAT's top sector exposures are Non-Energy Materials and Energy.Industrials, FXZ is more expensive with a Total Expense Ratio (TER) of 0.64%, versus 0.084% for FMAT. FXZ is up 17.73% year-to-date (YTD) with +$129M in YTD flows. FMAT performs worse with 9.53% YTD performance, and +$89M in YTD flows. Run a side-by-side ETF comparison of FXZ and FMAT 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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FXZ vs FMAT performance and flow charts

Performance

Cumulative Flows

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Data Services

Historic performance and flows

Data as of 07/16/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FXZ FMAT	-9.62%-4.72%	-3.74%-3.41%	+17.73%+9.53%	+30.57%+15.67%	+22.01%+28.85%	+49.44%+39.32%
Flows	FXZ FMAT	-$21M-$15M	+$16M+$33M	+$129M+$89M	+$102M+$107M	-$228M+$27M	+$11M-$56M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FXZ FMAT	+22.10%+20.66%	+22.62%+18.57%	+21.84%+17.91%	+24.35%+19.78%
Max drawdown	FXZ FMAT	-10.36%-6.81%	-12.79%-13.46%	-33.94%-23.21%	-33.94%-25.40%
Max drawdown duration	FXZ FMAT	31d56d	36d137d	639d430d	639d679d

Trading data

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	FXZ	FMAT
Last sale 7/17/2026 at 1:30 PM	$75.58	$57.18
Previous close 07/16/2026	$75.85	$57.75
Consolidated volume 07/16/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of June 30, 2026

1-year trailing difference

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

Main metrics

Last update 7/17/2026 at 1:30 PM

Live

Closed

	FXZ	FMAT
Last price	$75.58	$57.18
1D performance	-0.36%	-0.99%
AuM	$375.40 M	$583.31 M
E/R	0.64%	0.084%

Characteristics

	FXZ	FMAT
Management strategy	Passive	Passive
Provider	First Trust	Fidelity
Benchmark	StrataQuant Materials Index	MSCI USA IMI Materials 25/50
N° of holdings	38	101
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	May 8, 2007	October 21, 2013
ESG	No	No

More FXZ data on Trackinsight

More FMAT data on Trackinsight

Exposure

Countries

FXZ

USA

96.42%

Other

3.58%

FMAT

USA

80.64%

United Kingdom

16.1%

Other

3.26%

Sectors

FXZ

Non-Energy Materi.

95.52%

Other

4.48%

FMAT

Non-Energy Materi.

99.07%

Other

0.93%

Diversification

FXZ

Total weight of top 15 holdings out of 15

62.05%

FMAT

Total weight of top 15 holdings out of 15

64.85%

Top 15 holdings

Data as of May 31, 2026

FXZ

Steel Dynamics, Inc.

6.38%

NewMarket Corp.

5.46%

RBC Bearings, Inc.

4.58%

Nucor Corp.

4.57%

Eastman Chemical Co.

4.34%

Anglogold Ashanti Plc

4.15%

The Mosaic Co.

4.02%

Reliance, Inc.

3.87%

The Timken Co.

3.87%

CF Industries Holdings, Inc.

3.83%

Carpenter Technology Corp.

3.80%

Alcoa Corp.

3.60%

Mueller Industries, Inc.

3.50%

Newmont Corp.

3.07%

Southern Copper Corp.

3.01%

FMAT

Linde Plc

14.98%

Newmont Corp.

7.55%

Freeport-McMoRan, Inc.

6.04%

The Sherwin-Williams Co.

4.59%

CRH Plc

4.57%

Ecolab, Inc.

4.24%

Air Products & Chemicals, Inc.

4.03%

Nucor Corp.

3.65%

Corteva, Inc.

3.48%

Vulcan Materials Co.

2.34%

Steel Dynamics, Inc.

2.31%

Martin Marietta Materials, Inc.

2.22%

Amrize Ltd.

1.68%

PPG Industries, Inc.

1.62%

Dow, Inc.

1.56%

Frequently asked questions about FXZ and FMAT

How have the FXZ and FMAT ETFs performed in 2026?

As of July 16, 2026, FXZ is up 17.73% year-to-date (YTD), while FMAT has returned 9.53%. That puts FXZ better performer ahead so far this year.

Which ETF is attracting more investor money: FXZ or FMAT?

Year-to-date, the FXZ ETF saw +$129M in flows, compared to +$89M for FMAT.

Which ETF is more volatile: FXZ or FMAT?

Over the past year, FXZ had a volatility of 22.62%, while FMAT experienced 18.57%.

Which ETF is bigger: FXZ or FMAT?

As of July 16, 2026, FXZ holds $375.40 M in assets under management (AUM), while FMAT manages $583.31 M.

What sectors do the FXZ and FMAT ETFs invest in?

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

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

FXZ top holdings include Steel Dynamics, Inc., NewMarket Corp. and RBC Bearings, Inc.. FMAT holds in its top three: Linde Plc, Newmont Corp. and Freeport-McMoRan, Inc..

FXZvsFMATETF Comparison

First Trust Materials AlphaDEX Fund ETF

Fidelity MSCI Materials Index ETF

FXZ vs FMAT 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 FXZ and FMAT ETFs performed in 2026?

As of July 16, 2026, FXZ is up 17.73% year-to-date (YTD), while FMAT has returned 9.53%. That puts FXZ better performer ahead so far this year.

Which ETF is attracting more investor money: FXZ or FMAT?

Year-to-date, the FXZ ETF saw +$129M in flows, compared to +$89M for FMAT.

Which ETF is more volatile: FXZ or FMAT?

Over the past year, FXZ had a volatility of 22.62%, while FMAT experienced 18.57%.

Which ETF is bigger: FXZ or FMAT?

As of July 16, 2026, FXZ holds $375.40 M in assets under management (AUM), while FMAT manages $583.31 M.

What sectors do the FXZ and FMAT ETFs invest in?

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

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

FXZ top holdings include Steel Dynamics, Inc., NewMarket Corp. and RBC Bearings, Inc.. FMAT holds in its top three: Linde Plc, Newmont Corp. and Freeport-McMoRan, Inc..

Which ETF is more diversified: FXZ or FMAT?

FXZ holds 38 securities with 62.05% of its assets in the top 15. FMAT has 102 securities and a top 15 weight of 64.85%.

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