FMAT ETF

If you want to gain wide exposure to the Materials sector of the stock market, you might want to look at the Fidelity MSCI Materials Index ETF (FMAT). This is a passively managed exchange-traded fund that started on October 21, 2013.

As we approach the Q3 earnings season, the reports from major companies in the sector will influence how material ETFs perform.

Looking for broad exposure to the Materials - Broad segment of the equity market? You should consider the Fidelity MSCI Materials Index ETF (FMAT), a passively managed exchange traded fund launched on 10/21/2013.

Fidelity MSCI Materials Index ETF tracks the MSCI USA IMI Materials 25/50 Index, with an expense ratio of 0.08% and $524.05 million in assets. FMAT's portfolio is concentrated in the U.S. Materials sector, with significant exposure to Linde PLC, a leader in industrial gases and clean energy innovation. The fund's forward P/E ratio of 18x is possibly fair, but FMAT's current valuation suggests limited upside without above-consensus earnings growth rates.

The Fidelity MSCI Materials Index ETF (FMAT) was launched on 10/21/2013, and is a passively managed exchange traded fund designed to offer broad exposure to the Materials - Broad segment of the equity market.

Investors are favoring tech over natural resources, creating opportunities in underinvested sectors like materials. Consider Fidelity MSCI Materials Index ETF for broad exposure to the materials sector with a low expense ratio. FMAT has high concentration in top 10 holdings, including Linde PLC, Sherwin-Williams, and Freeport-McMoRan Inc., with potential for economic recovery impact.

Introduced on 10/21/2013, the Fidelity MSCI Materials Index ETF (FMAT) is an exchange-traded fund that is passively managed and aims to offer comprehensive coverage of the Materials - Broad sector of the stock market.

The performance of these funds will be heavily influenced by the earnings reports of the industry leaders during the Q1 earnings season.

The construction materials industry has the best value and quality scores in the sector. Fidelity MSCI Materials Index ETF is an alternative to XLB. Two materials stocks were cheaper than their peers in March 2024.