Keep tabs on your favorite ETFs with a personalized weekly tracker. Create a Watchlist now →
VAWvsFMATETF Comparison
Vanguard Materials ETF (VAW) and Fidelity MSCI Materials Index ETF (FMAT) belong to the same industry segment: US Materials. Both ETFs have the same top 3 sector exposures: and Materials. VAW is more expensive with a Total Expense Ratio (TER) of 0.09%, versus 0.08% for FMAT. VAW is up 8.48% year-to-date (YTD) with -$107M in YTD flows. FMAT performs better with 9.21% YTD performance, and +$33M in YTD flows. Run a side-by-side ETF comparison of VAW 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.
VAW vs FMAT performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | VAW FMAT | -5.83%-6.93% | +9.11%+9.73% | +8.48%+9.21% | +21.67%+22.10% | +38.51%+39.42% | +41.98%+43.70% |
| Flows | VAW FMAT | +$6M+$6M | -$123M+$43M | -$107M+$33M | -$157M-$79M | -$597M-$38M | -$522M+$78M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | VAW FMAT | +19.16%+19.13% | +21.03%+21.01% | +17.49%+17.57% | +19.63%+19.54% |
| Max drawdown | VAW FMAT | -7.78%-7.30% | -14.66%-14.66% | -23.20%-23.21% | -25.44%-25.40% |
| Max drawdown duration | VAW FMAT | 11d10d | 57d57d | 430d430d | 679d679d |
VAW | FMAT | |
Last sale 3/13/2026 at 1:30 PM | $221.75 | $56.90 |
| Previous close 03/12/2026 | $225.04 | $57.60 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Create an account to view replication metrics
VAW | FMAT | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
VAW | FMAT | |
|---|---|---|
| Last price | $221.75 | $56.90 |
| 1D performance | -1.46% | -1.22% |
| AuM | $2.96 B | $530.70 M |
| E/R | 0.09% | 0.08% |
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 VAW and FMAT ETFs performed in 2026?
As of March 12, 2026, VAW is up 8.48% year-to-date (YTD), while FMAT has returned 9.21%. That puts FMAT better performer ahead so far this year.
Which ETF is attracting more investor money: VAW or FMAT?
Year-to-date, the VAW ETF saw -$107M in flows, compared to +$33M for FMAT.
Which ETF is more volatile: VAW or FMAT?
Over the past year, VAW had a volatility of 21.03%, while FMAT experienced 21.01%.
Which ETF is bigger: VAW or FMAT?
As of March 12, 2026, VAW holds $2.96 B in assets under management (AUM), while FMAT manages $530.70 M.
What sectors do the VAW and FMAT ETFs invest in?
VAW leans toward sectors like Materials. Meanwhile, FMAT focuses on Materials.
What are the top holdings of the VAW ETF and FMAT ETF?
VAW top holdings include IE000S9YS762, NEWMONT CORP and FREEPORT-MCMORAN INC. FMAT holds in its top three: IE000S9YS762, NEWMONT CORP and FREEPORT-MCMORAN INC.
Which ETF is more diversified: VAW or FMAT?
VAW holds 113 securities with 64.9% of its assets in the top 15. FMAT has 105 securities and a top 15 weight of 65.23%.
Tony's ETF Buyer's Guide: Sector ETFs (Vanguard versus State Street SPDR)
Active Trader Report: Use of Leveraged & Inverse ETFs Way Up
Direxion partnered with Compound Insights and Vanda to explore what’s driving the evolution of active trading — and how active traders are using leveraged and inverse funds across equities, single stocks, commodities, and volatility.
