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.
Fidelity MSCI Materials Index ETF FMAT
Morningstar’s Analysis FMAT
Will FMAT outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
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.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 55.5
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Linde PLC | 15.48 | 95M | Basic Materials |
Newmont Corp | 6.83 | 42M | Basic Materials |
Freeport-McMoRan Inc | 6.18 | 38M | Basic Materials |
Sherwin-Williams Co | 4.83 | 30M | Basic Materials |
CRH PLC | 4.55 | 28M | Basic Materials |
Ecolab Inc | 4.34 | 27M | Basic Materials |
Air Products and Chemicals Inc | 3.81 | 23M | Basic Materials |
Nucor Corp | 3.76 | 23M | Basic Materials |
Corteva Inc | 3.26 | 20M | Basic Materials |
Steel Dynamics Inc | 2.49 | 15M | Basic Materials |
United States