(FMAT) Fidelity MSCI Materials - Overview

Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US3160928814

Etf: Chemicals, Metals, Construction, Containers, Paper

Total Rating 46
Risk 82
Buy Signal 0.14

Dividends

Dividend Yield 1.73%
Yield on Cost 5y 2.29%
Yield CAGR 5y 4.70%
Payout Consistency 98.6%
Payout Ratio -
Risk 5d forecast
Volatility 21.0%
Relative Tail Risk 1.71%
Reward TTM
Sharpe Ratio 0.76
Alpha 6.18
Character TTM
Beta 0.868
Beta Downside 0.825
Drawdowns 3y
Max DD 23.17%
CAGR/Max DD 0.47

Description: FMAT Fidelity MSCI Materials December 28, 2025

The Fidelity® MSCI Materials Index ETF (FMAT) seeks to track the MSCI USA IMI Materials 25/50 Index, allocating at least 80% of its assets to the securities that comprise that index. While it aims to mirror the index’s performance, the fund may not hold every constituent and is classified as a non-diversified ETF focused on the U.S. materials sector.

Key metrics as of the latest filing: expense ratio ≈ 0.12%, assets under management ≈ $1.2 billion, and a weighted-average dividend yield around 2.1%. The sector’s performance is closely tied to commodity price cycles, with steel and construction material demand driven by housing starts (which rose 5.8% YoY in Q3 2024) and industrial production growth (≈ 3.2% annualized). Additionally, the index’s average price-to-earnings multiple sits near 18×, reflecting modest valuation compression relative to broader market averages.

For a deeper dive into FMAT’s risk profile and how it fits into a materials-focused allocation, you might explore the analytics on ValueRay.

What is the price of FMAT shares?

As of February 07, 2026, the stock is trading at USD 60.05 with a total of 56,633 shares traded.
Over the past week, the price has changed by +4.14%, over one month by +7.33%, over three months by +22.51% and over the past year by +19.60%.

Is FMAT a buy, sell or hold?

Fidelity MSCI Materials has no consensus analysts rating.

What are the forecasts/targets for the FMAT price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 66.8 11.2%

FMAT Fundamental Data Overview February 04, 2026

Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 520.8m USD (520.8m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 520.8m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 520.8m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 9.12% (E(520.8m)/V(520.8m) * Re(9.12%) + (debt-free company))
Discount Rate = 9.12% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for FMAT ETF

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle