Morningstar

Fidelity MSCI Materials Index ETF FMAT

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub

Morningstar’s Analysis FMAT

Will FMAT outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FMAT’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FMAT management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FMAT’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Fidelity MSCI Materials ETF holds a quantitatively derived Gold Morningstar Medalist Rating. The rating reflects that it has scored particularly well on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings FMAT

More FMAT Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 58.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Linde PLC

15.99 93M
Basic Materials

Newmont Corp

8.59 50M
Basic Materials

Freeport-McMoRan Inc

7.31 42M
Basic Materials

Sherwin-Williams Co

5.19 30M
Basic Materials

Ecolab Inc

5.08 29M
Basic Materials

Air Products and Chemicals Inc

4.41 26M
Basic Materials

Nucor Corp

3.96 23M
Basic Materials

CRH PLC

3.76 22M
Basic Materials

Steel Dynamics Inc

2.32 13M
Basic Materials

Vulcan Materials Co

2.22 13M
Basic Materials

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