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PYZvsFMATETF Comparison
Invesco DWA Basic Materials Momentum ETF (PYZ) and Fidelity MSCI Materials Index ETF (FMAT) belong to the same industry segment: US Materials. PYZ's top 3 sector exposures are Materials and Energy. In contrast, FMAT's top sector exposures are Materials PYZ is more expensive with a Total Expense Ratio (TER) of 0.78%, versus 0.08% for FMAT. PYZ is up 9.47% year-to-date (YTD) with +$15M in YTD flows. FMAT performs worse with 9.21% YTD performance, and +$33M in YTD flows. Run a side-by-side ETF comparison of PYZ 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.
PYZ vs FMAT performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | PYZ FMAT | -5.07%-6.93% | +8.62%+9.73% | +9.47%+9.21% | +42.64%+22.10% | +50.93%+39.42% | +48.76%+43.70% |
| Flows | PYZ FMAT | +$8M+$6M | +$14M+$43M | +$15M+$33M | +$27M-$79M | -$87M-$38M | +$11M+$78M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | PYZ FMAT | +29.42%+19.13% | +27.19%+21.01% | +22.40%+17.57% | +25.66%+19.54% |
| Max drawdown | PYZ FMAT | -9.49%-7.30% | -17.37%-14.66% | -26.82%-23.21% | -33.01%-25.40% |
| Max drawdown duration | PYZ FMAT | 10d10d | 57d57d | 233d430d | 1184d679d |
PYZ | FMAT | |
Last sale 3/13/2026 at 1:30 PM | $117.28 | $56.89 |
| Previous close 03/12/2026 | $120.39 | $57.60 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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PYZ | FMAT | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
PYZ | FMAT | |
|---|---|---|
| Last price | $117.28 | $56.89 |
| 1D performance | -2.58% | -1.23% |
| AuM | $97.58 M | $530.70 M |
| E/R | 0.78% | 0.08% |
PYZ | FMAT | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Invesco | Fidelity |
| Benchmark | Dorsey Wright Basic Materials Technical Leaders Index | MSCI USA IMI Materials 25/50 |
| N° of holdings | 43 | 89 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 12, 2006 | October 21, 2013 |
| ESG | No | No |
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 PYZ and FMAT ETFs performed in 2026?
As of March 12, 2026, PYZ is up 9.47% year-to-date (YTD), while FMAT has returned 9.21%. That puts PYZ better performer ahead so far this year.
Which ETF is attracting more investor money: PYZ or FMAT?
Year-to-date, the PYZ ETF saw +$15M in flows, compared to +$33M for FMAT.
Which ETF is more volatile: PYZ or FMAT?
Over the past year, PYZ had a volatility of 27.19%, while FMAT experienced 21.01%.
Which ETF is bigger: PYZ or FMAT?
As of March 12, 2026, PYZ holds $97.58 M in assets under management (AUM), while FMAT manages $530.70 M.
What sectors do the PYZ and FMAT ETFs invest in?
PYZ leans toward sectors like Materials. Meanwhile, FMAT focuses on Materials.
What are the top holdings of the PYZ ETF and FMAT ETF?
PYZ top holdings include HECLA MINING, NEWMONT CORP and URANIUM ENERGY. FMAT holds in its top three: IE000S9YS762, NEWMONT CORP and FREEPORT-MCMORAN INC.
Which ETF is more diversified: PYZ or FMAT?
PYZ holds 46 securities with 56.32% of its assets in the top 15. FMAT has 105 securities and a top 15 weight of 65.23%.
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