
See exactly how FMAT's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for FMAT and 80,000+ other tickers.
The fund invests at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Materials 25/50 Index, which represents the performance of the materials sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Materials 25/50 Index. The fund is non-diversified.

If you're interested in broad exposure to the Materials - Broad segment of the equity market, look no further than the Fidelity MSCI Materials Index ETF (FMAT), a passively managed exchange traded fund launched on October 21, 2013.

The materials sector is currently the most overpriced GICS sector, but the construction materials and packaging sub-sectors are moderately overvalued versus 11-year averages. Mining/metals show the worst value score, partly offset by solid quality metrics; chemicals lag in both value and quality. FMAT offers broad, cap-weighted exposure to U.S. materials, closely matching XLB's long-term performance but with a broader portfolio.

Launched on October 21, 2013, the Fidelity MSCI Materials Index ETF (FMAT) is a passively managed exchange traded fund designed to provide a broad exposure to the Materials - Broad segment of the equity market.

Can materials stocks build on their strong momentum this year, following some positive signs in 2025? The wide universe of materials stocks offers exposure to areas ranging from gold to the A.I.

Designed to provide broad exposure to the Materials - Broad segment of the equity market, the Fidelity MSCI Materials Index ETF (FMAT) is a passively managed exchange traded fund launched on October 21, 2013.