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FXZvsFMATETF Comparison

ETF 1

FXZ

First Trust Materials AlphaDEX Fund ETF

This fund is part of

US Materials

-2.07%

Full FXZ fund page

VS

ETF 2

FMAT

Fidelity MSCI Materials Index ETF

This fund is part of

US Materials

-2.07%

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 Materials and Industrials. In contrast, FMAT's top sector exposures are Materials FXZ is more expensive with a Total Expense Ratio (TER) of 0.64%, versus 0.08% for FMAT. FXZ is up 27.55% year-to-date (YTD) with +$145M in YTD flows. FMAT performs worse with 14.3% YTD performance, and +$95M 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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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 05/06/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FXZ FMAT	+7.19%+4.10%	+7.93%+1.07%	+27.55%+14.30%	+58.65%+29.39%	+40.43%+42.41%	+46.17%+35.20%
Flows	FXZ FMAT	+$44M+$48M	+$87M+$71M	+$145M+$95M	+$104M+$103M	-$1.24B+$7M	+$123M+$43M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FXZ FMAT	+23.27%+20.13%	+21.54%+17.33%	+21.84%+17.64%	+24.35%+19.63%
Max drawdown	FXZ FMAT	-12.79%-13.46%	-12.79%-13.46%	-33.94%-23.21%	-33.94%-25.40%
Max drawdown duration	FXZ FMAT	36d66d	36d66d	639d430d	639d679d

Trading data

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	FXZ	FMAT
Last sale 5/7/2026 at 1:30 PM	$80.43	$59.36
Previous close 05/07/2026	$82.37	$60.53
Consolidated volume 05/07/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of April 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 5/7/2026 at 1:30 PM

Live

Closed

	FXZ	FMAT
Last price	$80.43	$59.36
1D performance	-2.36%	-1.93%
AuM	$423.98 M	$616.92 M
E/R	0.64%	0.08%

Characteristics

	FXZ	FMAT
Management strategy	Passive	Passive
Provider	First Trust	Fidelity
Benchmark	StrataQuant Materials Index	MSCI USA IMI Materials 25/50
N° of holdings	36	87
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

91.25%

Other

8.75%

FMAT

USA

72.74%

Ireland

21.62%

Other

5.63%

Sectors

FXZ

Materials

78.33%

Industrials

14.16%

Other

7.51%

FMAT

Materials

77.83%

Other

22.17%

Diversification

FXZ

Total weight of top 15 holdings out of 15

63.02%

FMAT

Total weight of top 15 holdings out of 15

64.84%

Top 15 holdings

Data as of March 31, 2026

FXZ

CF INDUSTRIES HOLDINGS

6.61%

ALCOA CORP

5.40%

GB00BRXH2664

4.92%

EASTMAN CHEMICAL

4.74%

NEWMONT CORP

4.55%

OLIN

4.49%

THE MOSAIC COMPANY

4.39%

STEEL DYNAMICS

4.31%

RBC BEARINGS

3.93%

TIMKEN

3.88%

RELIANCE STEEL

3.40%

NUCOR

3.40%

MUELLER INDUSTRIES

3.13%

NEWMARKET

2.97%

ELEMENT SOLUTIONS INC

2.90%

FMAT

IE000S9YS762

15.55%

NEWMONT CORP

7.29%

FREEPORT-MCMORAN INC

5.39%

SHERWIN WILLIAMS

5.06%

CRH PLC

4.65%

ECOLAB

4.53%

AIR PRODUCTS AND CHEMICALS

4.39%

CORTEVA INC

3.76%

NUCOR

2.55%

VULCAN MATERIALS

2.37%

MARTIN MARIETTA

2.35%

DOW INC

1.89%

CH1430134226

1.85%

STEEL DYNAMICS

1.63%

PPG INDUSTRIES

1.59%

Frequently asked questions about FXZ and FMAT

How have the FXZ and FMAT ETFs performed in 2026?

As of May 6, 2026, FXZ is up 27.55% year-to-date (YTD), while FMAT has returned 14.3%. 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 +$145M in flows, compared to +$95M for FMAT.

Which ETF is more volatile: FXZ or FMAT?

Over the past year, FXZ had a volatility of 21.54%, while FMAT experienced 17.33%.

Which ETF is bigger: FXZ or FMAT?

As of May 6, 2026, FXZ holds $423.98 M in assets under management (AUM), while FMAT manages $616.92 M.

What sectors do the FXZ and FMAT ETFs invest in?

FXZ leans toward sectors like Materials and Industrials. Meanwhile, FMAT focuses on Materials.

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

FXZ top holdings include CF INDUSTRIES HOLDINGS, ALCOA CORP and GB00BRXH2664. FMAT holds in its top three: IE000S9YS762, 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 May 6, 2026, FXZ is up 27.55% year-to-date (YTD), while FMAT has returned 14.3%. 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 +$145M in flows, compared to +$95M for FMAT.

Which ETF is more volatile: FXZ or FMAT?

Over the past year, FXZ had a volatility of 21.54%, while FMAT experienced 17.33%.

Which ETF is bigger: FXZ or FMAT?

As of May 6, 2026, FXZ holds $423.98 M in assets under management (AUM), while FMAT manages $616.92 M.

What sectors do the FXZ and FMAT ETFs invest in?

FXZ leans toward sectors like Materials and Industrials. Meanwhile, FMAT focuses on Materials.

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

FXZ top holdings include CF INDUSTRIES HOLDINGS, ALCOA CORP and GB00BRXH2664. FMAT holds in its top three: IE000S9YS762, NEWMONT CORP and FREEPORT-MCMORAN INC.

Which ETF is more diversified: FXZ or FMAT?

FXZ holds 37 securities with 63.02% of its assets in the top 15. FMAT has 104 securities and a top 15 weight of 64.84%.

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