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IYMvsFMATETF Comparison

ETF 1

IYM

iShares U.S. Basic Materials ETF

This fund is part of

US Materials

+0.71%

Full IYM fund page

VS

ETF 2

FMAT

Fidelity MSCI Materials Index ETF

This fund is part of

US Materials

+0.71%

Full FMAT fund page

iShares U.S. Basic Materials ETF (IYM) and Fidelity MSCI Materials Index ETF (FMAT) belong to the same industry segment: US Materials. IYM's top 3 sector exposures are Non-Energy Materials, Industrials and Non-Corporate. In contrast, FMAT's top sector exposures are Non-Energy Materials, Energy and Industrials. IYM is more expensive with a Total Expense Ratio (TER) of 0.37%, versus 0.084% for FMAT. IYM is up 19.18% year-to-date (YTD) with +$493M in YTD flows. FMAT performs worse with 11.54% YTD performance, and +$101M in YTD flows. Run a side-by-side ETF comparison of IYM 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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IYM 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 10/29/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	IYM FMAT	+1.47%+4.36%	+3.22%+1.26%	+19.18%+11.54%	+26.77%+17.00%	+55.96%+45.29%	+48.05%+34.54%
Flows	IYM FMAT	+$53M-$3M	+$81M+$12M	+$493M+$101M	+$619M+$124M	+$389M+$41M	+$285M+$37M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	IYM FMAT	+17.83%+16.99%	+20.38%+19.04%	+18.60%+18.09%	+20.47%+19.83%
Max drawdown	IYM FMAT	-9.34%-9.33%	-13.67%-13.46%	-23.58%-23.21%	-29.91%-25.40%
Max drawdown duration	IYM FMAT	65d65d	102d242d	352d430d	709d679d

Trading data

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	IYM	FMAT
Last sale 10/30/2026 at 1:30 PM	$179.52	$58.48
Previous close 10/29/2026	$181.88	$58.58
Consolidated volume 10/29/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of September 30, 2026

1-year trailing difference

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

Main metrics

Last update 10/30/2026 at 1:30 PM

Live

Closed

	IYM	FMAT
Last price	$179.52	$58.48
1D performance	-1.30%	-0.17%
AuM	$1.28 B	$603.65 M
E/R	0.37%	0.084%

Characteristics

	IYM	FMAT
Management strategy	Passive	Passive
Provider	iShares	Fidelity
Benchmark	Russell 1000 Basic Materials RIC 22.5/45 Capped Gross Index	MSCI USA IMI Materials 25/50
N° of holdings	40	102
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	June 12, 2000	October 21, 2013
ESG	No	No

More IYM data on Trackinsight

More FMAT data on Trackinsight

Exposure

Countries

IYM

USA

78.65%

United Kingdom

21.32%

Other

0.03%

FMAT

USA

79.94%

United Kingdom

15.73%

Other

4.33%

Sectors

IYM

Non-Energy Materi.

94.83%

Other

5.17%

FMAT

Non-Energy Materi.

99.45%

Other

0.55%

Diversification

IYM

Total weight of top 15 holdings out of 15

77.99%

FMAT

Total weight of top 15 holdings out of 15

66.58%

Top 15 holdings

Data as of September 30, 2026

IYM

Linde Plc

19.75%

Newmont Corp.

11.02%

Freeport-McMoRan, Inc.

9.11%

Ecolab, Inc.

6.26%

Air Products & Chemicals, Inc.

4.51%

Fastenal Co.

4.41%

Nucor Corp.

3.97%

Anglogold Ashanti Plc

3.71%

Steel Dynamics, Inc.

2.88%

International Flavors & Fragrances, Inc.

2.26%

Royal Gold, Inc.

2.12%

Reliance, Inc.

2.08%

Southern Copper Corp.

2.00%

Carpenter Technology Corp.

1.99%

Coeur Mining, Inc.

1.92%

FMAT

Linde Plc

14.71%

Newmont Corp.

8.69%

Freeport-McMoRan, Inc.

7.04%

The Sherwin-Williams Co.

5.08%

Ecolab, Inc.

4.79%

Air Products & Chemicals, Inc.

4.14%

CRH Plc

3.84%

Nucor Corp.

3.71%

Corteva, Inc.

3.56%

Steel Dynamics, Inc.

2.17%

Vulcan Materials Co.

2.15%

Martin Marietta Materials, Inc.

1.97%

Smurfit WestRock Plc

1.65%

PPG Industries, Inc.

1.62%

Royal Gold, Inc.

1.45%

Frequently asked questions about IYM and FMAT

How have the IYM and FMAT ETFs performed in 2026?

As of October 29, 2026, IYM is up 19.18% year-to-date (YTD), while FMAT has returned 11.54%. That puts IYM better performer ahead so far this year.

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

Year-to-date, the IYM ETF saw +$493M in flows, compared to +$101M for FMAT.

Which ETF is more volatile: IYM or FMAT?

Over the past year, IYM had a volatility of 20.38%, while FMAT experienced 19.04%.

Which ETF is bigger: IYM or FMAT?

As of October 29, 2026, IYM holds $1.28 B in assets under management (AUM), while FMAT manages $603.65 M.

What sectors do the IYM and FMAT ETFs invest in?

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

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

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

Which ETF is more diversified: IYM or FMAT?

IYM holds 40 securities with 77.99% of its assets in the top 15. FMAT has 103 securities and a top 15 weight of 66.58%.

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IYM

IYMvsFMATETF Comparison

iShares U.S. Basic Materials ETF

Fidelity MSCI Materials Index ETF

IYM 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 IYM and FMAT ETFs performed in 2026?

As of October 29, 2026, IYM is up 19.18% year-to-date (YTD), while FMAT has returned 11.54%. That puts IYM better performer ahead so far this year.

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

Year-to-date, the IYM ETF saw +$493M in flows, compared to +$101M for FMAT.

Which ETF is more volatile: IYM or FMAT?

Over the past year, IYM had a volatility of 20.38%, while FMAT experienced 19.04%.

Which ETF is bigger: IYM or FMAT?

As of October 29, 2026, IYM holds $1.28 B in assets under management (AUM), while FMAT manages $603.65 M.

What sectors do the IYM and FMAT ETFs invest in?

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

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

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

Which ETF is more diversified: IYM or FMAT?

IYM holds 40 securities with 77.99% of its assets in the top 15. FMAT has 103 securities and a top 15 weight of 66.58%.

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