FMAT vs. PAVE ETF Comparison
Comparison of Fidelity MSCI Materials Index ETF (FMAT) to Global X U.S. Infrastructure Development ETF (PAVE)
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
$53.64
Average Daily Volume
33,282
Number of Holdings
*
110
* may have additional holdings in another (foreign) market
PAVE
Global X U.S. Infrastructure Development ETF
PAVE Description
The Global X U.S. Infrastructure Development ETF (PAVE) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the INDXX U.S. Infrastructure Development Index.Grade (RS Rating)
Last Trade
$44.81
Average Daily Volume
1,102,285
Number of Holdings
*
98
* may have additional holdings in another (foreign) market
Performance
| Period | FMAT | PAVE |
|---|---|---|
| 30 Days | -1.07% | 7.33% |
| 60 Days | 1.51% | 10.70% |
| 90 Days | 3.10% | 14.19% |
| 12 Months | 20.19% | 44.15% |
24 Overlapping Holdings
| Symbol | Grade | Weight in FMAT | Weight in PAVE | Overlap | |
|---|---|---|---|---|---|
| AA | A | 0.68% | 0.51% | 0.51% | |
| ATI | C | 0.49% | 0.5% | 0.49% | |
| CENX | B | 0.08% | 0.43% | 0.08% | |
| CLF | F | 0.4% | 0.4% | 0.4% | |
| CMC | B | 0.48% | 0.48% | 0.48% | |
| CRS | B | 0.57% | 0.59% | 0.57% | |
| EXP | B | 0.73% | 0.74% | 0.73% | |
| HAYN | A | 0.05% | 0.27% | 0.05% | |
| KNF | B | 0.36% | 0.37% | 0.36% | |
| LPX | B | 0.51% | 0.56% | 0.51% | |
| MLM | C | 2.54% | 2.73% | 2.54% | |
| MTRN | C | 0.17% | 0.23% | 0.17% | |
| MTUS | C | 0.04% | 0.17% | 0.04% | |
| MTX | B | 0.18% | 0.29% | 0.18% | |
| NUE | C | 2.46% | 1.98% | 1.98% | |
| RPM | A | 1.23% | 1.22% | 1.22% | |
| RS | B | 1.25% | 1.24% | 1.24% | |
| RYI | C | 0.05% | 0.17% | 0.05% | |
| STLD | B | 1.44% | 1.55% | 1.44% | |
| SUM | B | 0.42% | 0.4% | 0.4% | |
| USLM | A | 0.11% | 0.71% | 0.11% | |
| VMC | B | 2.62% | 2.62% | 2.62% | |
| WLK | D | 0.34% | 1.13% | 0.34% | |
| X | B | 0.57% | 0.56% | 0.56% |
FMAT Overweight 86 Positions Relative to PAVE
| Symbol | Grade | Weight | |
|---|---|---|---|
| LIN | C | 15.3% | |
| SHW | B | 6.57% | |
| APD | A | 4.93% | |
| ECL | D | 4.47% | |
| FCX | F | 4.36% | |
| NEM | D | 3.29% | |
| CTVA | C | 2.81% | |
| DD | C | 2.44% | |
| DOW | F | 2.2% | |
| PPG | F | 2.03% | |
| SW | A | 1.84% | |
| IFF | D | 1.6% | |
| LYB | F | 1.51% | |
| PKG | A | 1.49% | |
| BALL | F | 1.35% | |
| IP | A | 1.32% | |
| AVY | F | 1.13% | |
| CF | A | 1.1% | |
| AMCR | C | 1.03% | |
| ALB | B | 0.84% | |
| EMN | C | 0.83% | |
| ATR | B | 0.81% | |
| CCK | D | 0.76% | |
| RGLD | C | 0.65% | |
| AXTA | B | 0.63% | |
| GPK | C | 0.61% | |
| MOS | F | 0.59% | |
| CE | F | 0.57% | |
| BERY | C | 0.53% | |
| FMC | D | 0.49% | |
| ESI | B | 0.46% | |
| CBT | D | 0.42% | |
| BCPC | B | 0.4% | |
| SON | F | 0.35% | |
| OLN | F | 0.35% | |
| SEE | C | 0.35% | |
| AVNT | B | 0.33% | |
| SLGN | A | 0.32% | |
| FUL | F | 0.29% | |
| NEU | D | 0.27% | |
| ASH | F | 0.26% | |
| HCC | B | 0.24% | |
| HL | D | 0.23% | |
| HUN | F | 0.22% | |
| SMG | C | 0.22% | |
| SLVM | B | 0.21% | |
| IOSP | C | 0.21% | |
| SXT | C | 0.2% | |
| ARCH | B | 0.2% | |
| CC | C | 0.2% | |
| AMR | C | 0.18% | |
| KWR | C | 0.17% | |
| HWKN | B | 0.17% | |
| CDE | C | 0.17% | |
| MP | C | 0.16% | |
| OI | C | 0.14% | |
| GEF | A | 0.12% | |
| PRM | C | 0.12% | |
| SCL | C | 0.12% | |
| NGVT | B | 0.11% | |
| WS | C | 0.1% | |
| TROX | D | 0.09% | |
| PCT | C | 0.09% | |
| KALU | C | 0.09% | |
| ASPN | F | 0.07% | |
| TRS | B | 0.07% | |
| OEC | C | 0.07% | |
| SXC | A | 0.07% | |
| KOP | C | 0.06% | |
| ASIX | B | 0.06% | |
| ECVT | C | 0.06% | |
| MATV | D | 0.05% | |
| GATO | C | 0.05% | |
| IE | C | 0.05% | |
| PTVE | B | 0.04% | |
| METC | C | 0.03% | |
| MYE | F | 0.03% | |
| ZEUS | C | 0.03% | |
| CMP | C | 0.03% | |
| CLW | F | 0.03% | |
| LXU | B | 0.03% | |
| RDUS | B | 0.03% | |
| MERC | F | 0.02% | |
| KRO | C | 0.02% | |
| PACK | B | 0.02% | |
| GEF | A | 0.02% |
FMAT Underweight 74 Positions Relative to PAVE
| Symbol | Grade | Weight | |
|---|---|---|---|
| TT | A | -3.76% | |
| PH | A | -3.45% | |
| ETN | A | -3.45% | |
| URI | C | -3.41% | |
| PWR | A | -3.28% | |
| HWM | A | -3.25% | |
| EMR | B | -3.13% | |
| SRE | A | -2.93% | |
| FAST | B | -2.74% | |
| NSC | B | -2.54% | |
| CSX | C | -2.37% | |
| DE | B | -2.36% | |
| UNP | C | -2.25% | |
| ROK | C | -2.19% | |
| FTV | C | -1.85% | |
| HUBB | B | -1.64% | |
| EME | A | -1.63% | |
| BLDR | D | -1.56% | |
| CSL | C | -1.53% | |
| J | D | -1.24% | |
| PNR | A | -1.22% | |
| TRMB | B | -1.22% | |
| IEX | C | -1.21% | |
| GGG | B | -1.05% | |
| ACM | B | -1.02% | |
| POWL | C | -0.89% | |
| LECO | C | -0.83% | |
| RRX | B | -0.8% | |
| BLD | D | -0.8% | |
| AGX | B | -0.79% | |
| TTEK | F | -0.76% | |
| TPC | C | -0.75% | |
| MTZ | B | -0.75% | |
| WCC | B | -0.74% | |
| WWD | C | -0.72% | |
| AYI | B | -0.71% | |
| WMS | F | -0.71% | |
| MLI | B | -0.71% | |
| CR | A | -0.69% | |
| RBC | A | -0.64% | |
| STRL | A | -0.59% | |
| PRIM | A | -0.56% | |
| DXPE | C | -0.5% | |
| GVA | A | -0.49% | |
| ROAD | B | -0.49% | |
| VMI | B | -0.49% | |
| ZWS | B | -0.47% | |
| BMI | B | -0.45% | |
| CSWI | B | -0.44% | |
| HRI | C | -0.43% | |
| NWPX | A | -0.43% | |
| MWA | B | -0.4% | |
| DY | D | -0.38% | |
| EXPO | D | -0.35% | |
| ACA | A | -0.35% | |
| GBX | A | -0.34% | |
| TRN | B | -0.34% | |
| DNOW | B | -0.34% | |
| MRC | B | -0.3% | |
| GRC | A | -0.29% | |
| HEES | C | -0.27% | |
| TEX | F | -0.25% | |
| ASTE | C | -0.25% | |
| MYRG | B | -0.25% | |
| MDU | D | -0.25% | |
| CMCO | C | -0.23% | |
| ATKR | D | -0.23% | |
| CXT | C | -0.22% | |
| IIIN | C | -0.21% | |
| ROCK | C | -0.21% | |
| WNC | C | -0.18% | |
| CTOS | B | -0.18% | |
| CALX | D | -0.16% | |
| TITN | C | -0.13% |
FMAT: Top Represented Industries & Keywords
Industries:
Specialty Chemicals
Packaging & Containers
Chemicals
Steel
Building Materials
Agricultural Inputs
Coal
Gold
Metal Fabrication
Paper & Paper Products
Aluminum
Industrial Metals & Minerals
Business Equipment
Conglomerates
Copper
Diversified Industrials
Other Industrial Metals & Mining
Other Precious Metals & Mining
Pollution & Treatment Controls
Rubber & Plastics
PAVE: Top Represented Industries & Keywords
Industries:
Diversified Industrials
Engineering & Construction
Building Materials
Metal Fabrication
Steel
Railroads
Farm & Construction Equipment
Industrial Distribution
Specialty Industrial Machinery
Rental & Leasing Services
Scientific & Technical Instruments
Aluminum
Conglomerates
Electronic Components
Industrial Metals & Minerals
Oil & Gas Equipment & Services
Specialty Chemicals
Tools & Accessories
Aerospace & Defense
Business Services
Compare ETFs
