FMAT vs. SPHD ETF Comparison

Comparison of Fidelity MSCI Materials Index ETF (FMAT) to PowerShares S&P 500 High Dividend Portfolio (SPHD)

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

$49.45

Average Daily Volume

38,545

Number of Holdings ^*

109

* may have additional holdings in another (foreign) market

SPHD

PowerShares S&P 500 High Dividend Portfolio

SPHD Description

The PowerShares S&P 500® High Dividend Portfolio (the “Fund”) seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P 500 Low Volatility High Dividend Index (the “Underlying Index”). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Underlying Index. Standard & Poor’s® compiles, maintains and calculates the Underlying Index, which is composed of 50 securities traded on the S&P 500 Index that historically have provided high dividend yields and low volatility. The Fund and the Index are rebalanced and reconstituted semi-annually, in January and July

Grade (RS Rating)

Last Trade

$44.56

Average Daily Volume

481,932

Number of Holdings ^*

50

* may have additional holdings in another (foreign) market

Performance

Period	FMAT	SPHD
30 Days	-3.67%	0.86%
60 Days	-1.34%	3.67%
90 Days	-4.91%	1.91%
12 Months	11.30%	14.30%

4 Overlapping Holdings

	Symbol	Grade	Weight in FMAT	Weight in SPHD	Overlap
	AMCR	B	1.07%	2.23%	1.07%
	DOW	D	2.89%	2.18%	2.18%
	IP	A	1.13%	2.59%	1.13%
	LYB	C	1.84%	2.15%	1.84%

FMAT Overweight 105 Positions Relative to SPHD

	Symbol	Grade	Weight
	LIN	B	15.74%
	SHW	D	5.38%
	FCX	C	5.08%
	ECL	A	4.65%
	APD	C	4.53%
	NEM	B	3.58%
	NUE	F	2.78%
	CTVA	C	2.69%
	MLM	D	2.56%
	VMC	D	2.51%
	DD	B	2.5%
	PPG	D	2.23%
	IFF	B	1.82%
	BALL	D	1.45%
	STLD	D	1.39%
	AVY	B	1.36%
	PKG	B	1.24%
	RS	D	1.21%
	CE	D	1.15%
	RPM	C	1.07%
	CF	D	1.02%
	WRK	D	0.95%
	ALB	F	0.87%
	EMN	C	0.86%
	ATR	C	0.72%
	CCK	D	0.69%
	MOS	D	0.65%
	GPK	C	0.63%
	X	F	0.62%
	RGLD	C	0.6%
	EXP	D	0.58%
	AXTA	C	0.57%
	CLF	F	0.54%
	BERY	C	0.52%
	ATI	D	0.51%
	FMC	D	0.51%
	AA	C	0.5%
	ESI	B	0.48%
	CMC	C	0.44%
	OLN	D	0.44%
	LPX	C	0.43%
	WLK	D	0.43%
	SON	D	0.42%
	CBT	D	0.4%
	SEE	C	0.39%
	BCPC	B	0.37%
	CRS	B	0.37%
	SUM	D	0.34%
	ASH	C	0.34%
	FUL	C	0.32%
	AVNT	D	0.3%
	KNF	C	0.29%
	SLGN	D	0.28%
	HUN	D	0.28%
	NEU	D	0.28%
	CC	F	0.26%
	AMR	F	0.25%
	HCC	D	0.25%
	HL	D	0.23%
	IOSP	D	0.23%
	SXT	C	0.2%
	ARCH	D	0.2%
	MTX	B	0.2%
	SMG	D	0.2%
	KWR	D	0.18%
	SLVM	B	0.18%
	MTRN	D	0.16%
	TROX	C	0.16%
	CDE	C	0.16%
	ASPN	C	0.14%
	SCL	D	0.14%
	MP	F	0.14%
	OI	F	0.13%
	HWKN	A	0.13%
	KALU	D	0.11%
	NGVT	F	0.11%
	GEF	F	0.11%
	OEC	D	0.1%
	TRS	C	0.08%
	ECVT	F	0.08%
	PRM	B	0.08%
	MATV	D	0.07%
	WS	D	0.07%
	HAYN	D	0.06%
	SXC	D	0.06%
	KOP	F	0.06%
	USLM	B	0.06%
	CLW	B	0.06%
	CENX	C	0.06%
	ASIX	F	0.05%
	RYI	F	0.05%
	IE	F	0.05%
	PCT	C	0.05%
	PTVE	F	0.04%
	MERC	D	0.03%
	CMP	F	0.03%
	RDUS	F	0.03%
	LXU	F	0.03%
	GATO	C	0.03%
	MYE	F	0.03%
	DNA	F	0.03%
	ZEUS	F	0.03%
	PACK	C	0.02%
	GEF	F	0.02%
	KRO	C	0.02%

FMAT Underweight 46 Positions Relative to SPHD

	Symbol	Grade	Weight
	MO	A	-3.24%
	KMI	A	-3.02%
	T	A	-2.83%
	VZ	B	-2.71%
	D	D	-2.64%
	WMB	A	-2.54%
	OKE	B	-2.52%
	PM	A	-2.48%
	MMM	B	-2.42%
	BBY	B	-2.28%
	SPG	B	-2.27%
	PFE	C	-2.25%
	PNW	C	-2.21%
	PRU	A	-2.12%
	O	D	-2.09%
	CCI	D	-2.08%
	EVRG	D	-2.07%
	EQR	A	-1.97%
	ES	D	-1.96%
	AEP	D	-1.92%
	VICI	D	-1.91%
	EIX	D	-1.91%
	ETR	D	-1.91%
	UDR	B	-1.89%
	FE	D	-1.88%
	CAG	C	-1.87%
	GLW	A	-1.87%
	KMB	B	-1.86%
	K	D	-1.86%
	DUK	C	-1.82%
	HPQ	B	-1.77%
	CVX	C	-1.73%
	FRT	D	-1.72%
	EXC	D	-1.69%
	XOM	C	-1.65%
	IBM	B	-1.6%
	VTRS	D	-1.59%
	ABBV	B	-1.57%
	KHC	D	-1.55%
	BMY	D	-1.49%
	GIS	C	-1.45%
	UPS	F	-1.44%
	HRL	F	-1.4%
	OMC	D	-1.31%
	MDT	D	-1.3%
	GILD	C	-1.2%

FMAT: Top Represented Industries & Keywords

Industries: Specialty Chemicals Packaging & Containers Chemicals Building Materials Steel Agricultural Inputs Coal Gold Metal Fabrication Paper & Paper Products Aluminum Industrial Metals & Minerals Biotechnology Business Equipment Conglomerates Copper Diversified Industrials Other Industrial Metals & Mining Other Precious Metals & Mining Pollution & Treatment Controls

Keywords: S&P 500 Chemical Steel Metals Mining Plastic Building Materials Beverage Chemical Product Electronics Alloys Containers Aerospace Chemical Substances Commodity Chemicals Polymers Adhesives Chemical Elements Packaging Materials Textiles

SPHD: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Packaged Foods Drug Manufacturers - Major Utilities - Diversified Oil & Gas Midstream REIT - Retail Oil & Gas Integrated Packaging & Containers REIT - Diversified REIT - Residential Telecom Services Tobacco Advertising Agencies Chemicals Computer Systems Diversified Industrials Drug Manufacturers - Specialty & Generic Electronic Components Household & Personal Products Information Technology Services

Keywords: S&P 500 Electricity Natural Gas Dow Jones Component Gas Transmission Real Estate Investment Trust Telecommunications Crude Oil Hypertension Infection Nasdaq 100 Natural Gas Distribution Natural Gas Liquids Natural Gas Transmission Plastic Biopharmaceutical Computing Depressive Disorder Distribution Services Electric Utilities