FMAT vs. FSMD ETF Comparison

Comparison of Fidelity MSCI Materials Index ETF (FMAT) to Fidelity Small-Mid Factor ETF (FSMD)

FMAT

Fidelity MSCI Materials Index ETF

FMAT Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Materials Index. Investing 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 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 Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.23

Average Daily Volume

37,562

Number of Holdings ^*

109

* may have additional holdings in another (foreign) market

FSMD

Fidelity Small-Mid Factor ETF

FSMD Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Small-Mid Factor Index℠. The fund normally invests at least 80% of its assets in securities included in the Fidelity Small-Mid Factor Index℠, which is designed to reflect the performance of stocks of small- and mid-capitalization U.S. companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility than the broader market, as represented by the Fidelity U.S. Extended Investable Market Index℠.

Grade (RS Rating)

Last Trade

$38.64

Average Daily Volume

116,046

Number of Holdings ^*

571

* may have additional holdings in another (foreign) market

Performance

Period	FMAT	FSMD
30 Days	3.99%	7.06%
60 Days	2.68%	3.70%
90 Days	8.44%	5.04%
12 Months	19.95%	22.86%

35 Overlapping Holdings

Symbol	Grade	Weight in FMAT	Weight in FSMD	Overlap
AMR	F	0.24%	0.11%	0.11%
ARCH	D	0.21%	0.11%	0.11%
ATR	C	0.72%	0.25%	0.25%
AXTA	C	0.58%	0.21%	0.21%
BCPC	B	0.38%	0.16%	0.16%
BERY	D	0.52%	0.19%	0.19%
CCK	C	0.76%	0.24%	0.24%
CLW	A	0.06%	0.11%	0.06%
CMC	B	0.5%	0.19%	0.19%
EMN	B	0.89%	0.29%	0.29%
ESI	D	0.41%	0.16%	0.16%
EXP	B	0.71%	0.24%	0.24%
FUL	B	0.33%	0.14%	0.14%
GEF	F	0.12%	0.1%	0.1%
GEF	F	0.02%	0.1%	0.02%
GPK	C	0.64%	0.22%	0.22%
HCC	C	0.25%	0.13%	0.13%
HWKN	C	0.11%	0.11%	0.11%
IOSP	B	0.24%	0.13%	0.13%
IP	B	0.97%	0.32%	0.32%
MOS	F	0.73%	0.23%	0.23%
MTRN	D	0.18%	0.1%	0.1%
MTX	B	0.2%	0.13%	0.13%
NEU	D	0.3%	0.13%	0.13%
OEC	C	0.11%	0.1%	0.1%
RGLD	A	0.64%	0.21%	0.21%
SLVM	B	0.2%	0.14%	0.14%
SON	B	0.44%	0.17%	0.17%
SUM	C	0.37%	0.16%	0.16%
SXC	D	0.06%	0.08%	0.06%
USLM	B	0.06%	0.11%	0.06%
WLK	B	0.45%	0.16%	0.16%
WRK	A	1.01%	0.32%	0.32%
WS	D	0.08%	0.09%	0.08%
X	D	0.63%	0.21%	0.21%

FMAT Overweight 74 Positions Relative to FSMD

Symbol	Grade	Weight
LIN	D	15.53%
SHW	D	5.72%
FCX	B	5.71%
ECL	B	4.44%
APD	D	4.16%
NEM	B	3.7%
NUE	D	3.22%
DOW	B	3.08%
CTVA	C	2.99%
MLM	C	2.81%
VMC	B	2.67%
DD	B	2.5%
PPG	D	2.37%
LYB	D	1.93%
IFF	B	1.83%
BALL	B	1.65%
STLD	D	1.56%
AVY	B	1.35%
RS	D	1.27%
CE	D	1.22%
PKG	C	1.21%
AMCR	B	1.11%
ALB	D	1.11%
RPM	C	1.09%
CF	F	1.06%
CLF	F	0.67%
FMC	C	0.59%
ATI	B	0.58%
AA	B	0.53%
OLN	C	0.52%
LPX	A	0.44%
CBT	B	0.42%
SEE	C	0.4%
CRS	A	0.4%
ASH	B	0.35%
CC	C	0.32%
HUN	D	0.31%
AVNT	B	0.31%
KNF	C	0.31%
SLGN	C	0.3%
HL	C	0.24%
SMG	D	0.22%
SXT	B	0.2%
MP	C	0.19%
TROX	B	0.17%
KWR	D	0.17%
OI	F	0.16%
SCL	C	0.15%
CDE	C	0.15%
NGVT	C	0.14%
ASPN	C	0.12%
KALU	B	0.12%
TRS	B	0.09%
PRM	B	0.09%
DNA	F	0.07%
IE	C	0.07%
KOP	F	0.07%
MATV	D	0.07%
CENX	C	0.07%
ECVT	F	0.07%
HAYN	D	0.06%
PTVE	D	0.05%
RYI	F	0.05%
ASIX	F	0.05%
RDUS	D	0.04%
MYE	F	0.04%
ZEUS	F	0.04%
PCT	F	0.04%
MERC	C	0.03%
LXU	C	0.03%
CMP	F	0.03%
PLL	D	0.02%
KRO	B	0.02%
PACK	D	0.02%

FMAT Underweight 537 Positions Relative to FSMD

Symbol	Grade	Weight
EME	A	-0.44%
VKTX	C	-0.44%
PSTG	A	-0.37%
IBKR	B	-0.35%
RGA	A	-0.35%
FTI	B	-0.34%
TOL	A	-0.34%
TW	B	-0.33%
NVT	A	-0.33%
FIX	B	-0.33%
TECH	C	-0.32%
WING	C	-0.32%
DKS	D	-0.32%
XPO	D	-0.32%
UTHR	B	-0.32%
FOXA	C	-0.31%
CRL	D	-0.31%
CASY	B	-0.31%
BLD	C	-0.31%
RBA	C	-0.31%
TTEK	B	-0.3%
BSY	B	-0.3%
NI	A	-0.3%
APP	C	-0.3%
WMS	B	-0.3%
TPL	C	-0.3%
RNR	D	-0.3%
JKHY	D	-0.3%
TXRH	B	-0.3%
EVRG	C	-0.3%
CHK	B	-0.29%
WWD	B	-0.29%
AMH	B	-0.29%
UDR	C	-0.29%
EWBC	B	-0.29%
DOCU	C	-0.28%
MEDP	C	-0.28%
CLH	B	-0.28%
ITT	A	-0.28%
CW	B	-0.28%
ERIE	D	-0.28%
CNM	A	-0.28%
ALLY	B	-0.28%
AOS	C	-0.27%
SCI	D	-0.27%
HRL	C	-0.27%
DUOL	F	-0.27%
ONTO	A	-0.27%
UNM	B	-0.27%
LAMR	A	-0.27%
EXAS	F	-0.27%
UHS	B	-0.27%
RPRX	F	-0.27%
EHC	B	-0.26%
AIZ	D	-0.26%
INCY	D	-0.26%
CACI	B	-0.26%
ALV	A	-0.26%
JNPR	D	-0.26%
TAP	F	-0.26%
ALLE	D	-0.26%
TPX	C	-0.25%
CHRD	B	-0.25%
DOX	F	-0.25%
BWA	C	-0.25%
FFIV	D	-0.25%
SKX	A	-0.25%
SFM	B	-0.25%
AFG	B	-0.25%
CRBG	B	-0.25%
ELAN	B	-0.25%
CHRW	C	-0.25%
REG	C	-0.25%
SWN	C	-0.25%
KBR	C	-0.25%
HSIC	C	-0.25%
TREX	D	-0.25%
LNW	D	-0.25%
SF	A	-0.25%
DINO	D	-0.25%
MUSA	A	-0.24%
CHE	F	-0.24%
TFX	D	-0.24%
DVA	C	-0.24%
BPMC	C	-0.24%
KNSL	F	-0.24%
PNW	C	-0.24%
DCI	B	-0.24%
GWRE	A	-0.24%
ORI	B	-0.24%
HII	D	-0.24%
JLL	A	-0.24%
CUBE	D	-0.24%
HAS	C	-0.24%
AYI	B	-0.23%
JXN	C	-0.23%
DTM	A	-0.23%
NYT	B	-0.23%
ETRN	B	-0.23%
WBS	D	-0.23%
BXP	C	-0.23%
VOYA	B	-0.23%
TTC	C	-0.23%
QRVO	F	-0.23%
RGEN	D	-0.23%
MUR	D	-0.23%
GNTX	D	-0.23%
MORN	D	-0.23%
GMED	B	-0.23%
CPB	C	-0.23%
ELF	D	-0.23%
SEIC	D	-0.22%
LNTH	C	-0.22%
ZION	B	-0.22%
ANF	B	-0.22%
MTH	B	-0.22%
OHI	C	-0.22%
EVR	A	-0.22%
PRI	D	-0.22%
FRT	B	-0.22%
HLI	B	-0.22%
INGR	C	-0.22%
BWXT	D	-0.22%
FCN	B	-0.22%
NNN	B	-0.22%
ACI	D	-0.22%
AXS	B	-0.21%
MTN	F	-0.21%
MLI	B	-0.21%
ENSG	D	-0.21%
TMHC	B	-0.21%
EGP	D	-0.21%
WTFC	B	-0.21%
OMF	C	-0.21%
MSA	B	-0.21%
UFPI	B	-0.21%
COOP	B	-0.21%
EXEL	F	-0.21%
OLED	C	-0.21%
RBC	C	-0.21%
HALO	A	-0.21%
MGY	C	-0.21%
HQY	D	-0.21%
SNX	A	-0.21%
BPOP	A	-0.21%
RL	D	-0.21%
BRKR	D	-0.21%
ALSN	D	-0.21%
LEA	F	-0.21%
BFAM	B	-0.21%
MTCH	F	-0.21%
OSK	C	-0.21%
OGE	B	-0.21%
AIT	B	-0.21%
HRB	B	-0.21%
ESTC	C	-0.21%
BRBR	C	-0.21%
SPSC	C	-0.2%
IBP	D	-0.2%
MTG	C	-0.2%
RHI	F	-0.2%
ESNT	C	-0.2%
BMI	B	-0.2%
SIGI	F	-0.2%
IOT	B	-0.2%
KNX	F	-0.2%
LAD	F	-0.2%
KD	A	-0.2%
RLI	C	-0.2%
MHK	C	-0.2%
GL	F	-0.2%
RYAN	B	-0.2%
BRX	C	-0.2%
ARW	C	-0.2%
JAZZ	F	-0.2%
SAIC	C	-0.2%
FLS	A	-0.2%
FN	B	-0.2%
ESAB	B	-0.2%
PATH	D	-0.2%
SSD	D	-0.2%
ATKR	D	-0.19%
AMG	D	-0.19%
OZK	C	-0.19%
STRL	A	-0.19%
LFUS	C	-0.19%
HAE	B	-0.19%
VNT	D	-0.19%
KBH	A	-0.19%
CRUS	A	-0.19%
STAG	D	-0.19%
AGCO	D	-0.19%
PBF	D	-0.19%
AIRC	A	-0.19%
AWI	D	-0.18%
AEO	C	-0.18%
MOG.A	B	-0.18%
FORM	C	-0.18%
IESC	C	-0.18%
OPCH	F	-0.18%
RDN	C	-0.18%
WU	D	-0.18%
NXST	C	-0.18%
PCVX	C	-0.18%
CNX	B	-0.18%
LBRDK	F	-0.18%
WTS	B	-0.18%
BC	D	-0.18%
WH	F	-0.18%
FR	D	-0.18%
LSTR	C	-0.18%
NFG	B	-0.18%
FNB	B	-0.18%
KRG	D	-0.17%
PLMR	B	-0.17%
AVT	B	-0.17%
EPRT	B	-0.17%
MMS	B	-0.17%
IDA	C	-0.17%
GPI	B	-0.17%
CVLT	A	-0.17%
COLB	C	-0.17%
ABG	C	-0.17%
WIRE	B	-0.17%
HOG	D	-0.17%
SKY	C	-0.17%
AN	C	-0.17%
MMSI	B	-0.17%
ESGR	B	-0.17%
STNG	B	-0.17%
THO	F	-0.17%
IONS	F	-0.17%
LOPE	C	-0.17%
VCTR	B	-0.17%
AAON	D	-0.17%
LIVN	B	-0.17%
FSS	B	-0.17%
WMG	D	-0.17%
PCOR	D	-0.17%
NSIT	A	-0.17%
XRAY	F	-0.17%
OLLI	D	-0.17%
CBZ	C	-0.16%
KTB	B	-0.16%
ACA	A	-0.16%
VIRT	B	-0.16%
ACIW	B	-0.16%
STRA	C	-0.16%
INSW	A	-0.16%
DLB	C	-0.16%
DBX	D	-0.16%
UFPT	B	-0.16%
ZWS	C	-0.16%
BCO	B	-0.16%
TENB	F	-0.16%
IBOC	B	-0.16%
CRC	F	-0.16%
VRNS	D	-0.16%
PBH	D	-0.16%
COKE	C	-0.16%
VRRM	B	-0.16%
ASGN	C	-0.16%
ATGE	B	-0.16%
POR	C	-0.16%
SKYW	B	-0.16%
ITGR	C	-0.16%
TPH	B	-0.16%
RMBS	D	-0.16%
HLNE	B	-0.16%
BCC	C	-0.16%
APPF	B	-0.16%
CORT	C	-0.15%
OGS	D	-0.15%
CVCO	B	-0.15%
LAUR	B	-0.15%
AMED	B	-0.15%
OTTR	C	-0.15%
ALE	B	-0.15%
CNO	B	-0.15%
MGEE	C	-0.15%
GNW	C	-0.15%
ASO	F	-0.15%
CTRE	C	-0.15%
GMS	B	-0.15%
GPOR	C	-0.15%
FELE	D	-0.15%
TNL	C	-0.15%
CUZ	B	-0.15%
ALKS	F	-0.15%
AXNX	C	-0.15%
FULT	B	-0.15%
REX	C	-0.15%
NHI	B	-0.15%
PHIN	B	-0.15%
LRN	B	-0.15%
BKH	C	-0.15%
ALTR	B	-0.15%
AX	B	-0.15%
UMBF	B	-0.15%
SMAR	D	-0.15%
FBP	B	-0.15%
QLYS	F	-0.15%
CSWI	B	-0.15%
TRNO	F	-0.15%
BDC	B	-0.15%
MPW	C	-0.15%
CACC	D	-0.14%
SATS	C	-0.14%
VSTO	C	-0.14%
EPR	C	-0.14%
PAG	C	-0.14%
GHC	B	-0.14%
ASC	A	-0.14%
VCEL	C	-0.14%
SKT	C	-0.14%
VNO	D	-0.14%
DORM	C	-0.14%
BOX	D	-0.14%
AVA	C	-0.14%
PATK	C	-0.14%
PRDO	C	-0.14%
LPG	C	-0.14%
ADUS	B	-0.14%
BXMT	F	-0.14%
DIOD	D	-0.14%
KRC	D	-0.14%
WEN	D	-0.14%
LMAT	B	-0.14%
ALRM	C	-0.14%
TEX	C	-0.14%
ADMA	B	-0.14%
MHO	C	-0.14%
ENS	C	-0.14%
MSM	D	-0.14%
SANM	C	-0.14%
APAM	B	-0.14%
SNEX	C	-0.14%
NMIH	B	-0.14%
HIW	B	-0.14%
FTDR	C	-0.14%
MATX	C	-0.14%
PSN	D	-0.14%
DEI	C	-0.13%
ACLS	D	-0.13%
BLKB	C	-0.13%
JJSF	C	-0.13%
USPH	C	-0.13%
CENTA	A	-0.13%
SLP	B	-0.13%
ICFI	D	-0.13%
OFG	B	-0.13%
YELP	F	-0.13%
BNL	C	-0.13%
DOCS	F	-0.13%
WDFC	D	-0.13%
POWL	C	-0.13%
URBN	C	-0.13%
ESE	C	-0.13%
CEIX	D	-0.13%
SUPN	F	-0.13%
IDYA	D	-0.13%
CWEN	C	-0.13%
CATY	C	-0.13%
TNK	A	-0.13%
KAI	D	-0.13%
CHH	F	-0.13%
SHOO	C	-0.13%
PLXS	C	-0.13%
LCII	D	-0.13%
SKWD	D	-0.13%
AMKR	C	-0.13%
ENVA	D	-0.13%
VLY	D	-0.13%
DXC	F	-0.13%
TGNA	C	-0.13%
NSP	D	-0.13%
CRVL	A	-0.13%
BYD	F	-0.13%
AGM	D	-0.12%
FCF	C	-0.12%
CCS	C	-0.12%
ARDX	C	-0.12%
GOLF	C	-0.12%
LTC	B	-0.12%
ACT	B	-0.12%
WOR	D	-0.12%
DDS	B	-0.12%
GEO	D	-0.12%
ARCB	F	-0.12%
CARG	A	-0.12%
WABC	C	-0.12%
TNC	D	-0.12%
AMRX	B	-0.12%
HUBG	C	-0.12%
CPRX	C	-0.12%
FIVN	F	-0.12%
IDCC	C	-0.12%
CRI	F	-0.12%
HNI	B	-0.12%
PINC	F	-0.12%
CHCO	C	-0.12%
PFBC	B	-0.12%
CASH	C	-0.12%
AZZ	C	-0.12%
PGNY	F	-0.12%
BTU	F	-0.12%
EQC	C	-0.12%
RUSHA	D	-0.12%
ANIP	D	-0.12%
CALM	D	-0.12%
SXI	B	-0.12%
BL	D	-0.12%
ASTH	C	-0.12%
COLL	D	-0.12%
AGX	B	-0.12%
CCOI	F	-0.12%
VSH	C	-0.12%
ROAD	B	-0.12%
MYRG	D	-0.12%
TNET	F	-0.12%
BRC	B	-0.12%
EVTC	D	-0.12%
PLTK	C	-0.11%
ANDE	F	-0.11%
OSBC	C	-0.11%
TDC	F	-0.11%
OMCL	D	-0.11%
NAVI	F	-0.11%
BKE	D	-0.11%
CUBI	D	-0.11%
DAKT	C	-0.11%
CWAN	C	-0.11%
CTBI	B	-0.11%
LZB	C	-0.11%
CXW	D	-0.11%
QCRH	C	-0.11%
AMN	D	-0.11%
OSIS	C	-0.11%
OSG	B	-0.11%
KNSA	C	-0.11%
NEOG	F	-0.11%
WGO	F	-0.11%
PEBO	C	-0.11%
MGRC	D	-0.11%
PLUS	B	-0.11%
MLR	A	-0.11%
HELE	D	-0.11%
NWLI	A	-0.11%
NHC	B	-0.11%
GRBK	C	-0.11%
ZD	F	-0.11%
THFF	C	-0.1%
SCS	C	-0.1%
PDM	B	-0.1%
GIII	C	-0.1%
BFST	D	-0.1%
IRMD	D	-0.1%
ETD	D	-0.1%
HAFC	C	-0.1%
TK	B	-0.1%
AMAL	C	-0.1%
AMPH	D	-0.1%
WRLD	D	-0.1%
KELYA	D	-0.1%
FIZZ	D	-0.1%
BDN	C	-0.1%
CVI	F	-0.1%
DEA	C	-0.1%
NYCB	D	-0.1%
AMWD	C	-0.1%
SCHL	F	-0.1%
WINA	D	-0.1%
INVA	C	-0.1%
PLAB	C	-0.1%
TBBK	F	-0.1%
VGR	D	-0.1%
ALG	D	-0.1%
ACLX	D	-0.1%
PRGS	F	-0.1%
IBCP	B	-0.1%
HSTM	C	-0.1%
CASS	D	-0.1%
ROCK	D	-0.1%
SRCE	C	-0.1%
NCNO	D	-0.1%
ODC	B	-0.1%
PARR	F	-0.1%
EBF	C	-0.09%
GRC	F	-0.09%
DFH	D	-0.09%
SIRI	F	-0.09%
IMKTA	D	-0.09%
BZH	D	-0.09%
HURN	F	-0.09%
INFA	D	-0.09%
JBI	D	-0.09%
MSBI	D	-0.09%
KFRC	D	-0.09%
JBSS	D	-0.09%
MCB	C	-0.09%
GSHD	F	-0.09%
UVV	C	-0.09%
FOR	D	-0.09%
PETQ	C	-0.09%
RAMP	F	-0.09%
ACAD	F	-0.09%
BELFB	C	-0.08%
OABI	F	-0.08%
RMR	C	-0.08%
NRC	F	-0.08%
HCKT	F	-0.08%
CCRN	F	-0.08%
HVT	F	-0.08%
SWI	B	-0.08%
CWCO	D	-0.08%
DV	F	-0.08%
HE	D	-0.08%
KREF	D	-0.08%
USM	C	-0.08%
PLPC	D	-0.08%
CNXN	C	-0.08%
SPOK	D	-0.08%
FRSH	F	-0.08%
IART	F	-0.08%
MITK	C	-0.08%
GNE	F	-0.07%
HNRG	D	-0.07%
LSEA	D	-0.07%
GIC	F	-0.07%
IRWD	F	-0.07%
OSUR	F	-0.07%
AMCX	C	-0.07%
QTRX	F	-0.07%
RCMT	D	-0.05%
MED	F	-0.04%
SMLR	F	-0.04%
IRON	F	-0.04%