FMAT vs. XRT ETF Comparison

Comparison of Fidelity MSCI Materials Index ETF (FMAT) to SPDR S&P Retail ETF (XRT)

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

$53.63

Average Daily Volume

33,501

Number of Holdings ^*

110

* may have additional holdings in another (foreign) market

XRT

SPDR S&P Retail ETF

XRT Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the retail segment of a U.S. total market composite index. In seeking to track the performance of the S&P Retail Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the retail industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$78.83

Average Daily Volume

4,209,417

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FMAT	XRT
30 Days	-3.11%	0.70%
60 Days	0.23%	1.54%
90 Days	3.55%	2.06%
12 Months	18.85%	23.94%

0 Overlapping Holdings

	Symbol	Grade	Weight in FMAT	Weight in XRT	Overlap

FMAT Overweight 110 Positions Relative to XRT

Symbol	Grade	Weight
LIN	D	15.3%
SHW	C	6.57%
APD	A	4.93%
ECL	D	4.47%
FCX	F	4.36%
NEM	D	3.29%
CTVA	C	2.81%
VMC	B	2.62%
MLM	B	2.54%
NUE	D	2.46%
DD	D	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%
STLD	B	1.44%
BALL	D	1.35%
IP	A	1.32%
RS	B	1.25%
RPM	B	1.23%
AVY	D	1.13%
CF	A	1.1%
AMCR	C	1.03%
ALB	B	0.84%
EMN	D	0.83%
ATR	B	0.81%
CCK	D	0.76%
EXP	B	0.73%
AA	A	0.68%
RGLD	C	0.65%
AXTA	B	0.63%
GPK	D	0.61%
MOS	D	0.59%
CE	F	0.57%
CRS	A	0.57%
X	C	0.57%
BERY	C	0.53%
LPX	B	0.51%
FMC	D	0.49%
ATI	C	0.49%
CMC	B	0.48%
ESI	B	0.46%
SUM	B	0.42%
CBT	C	0.42%
CLF	F	0.4%
BCPC	B	0.4%
KNF	B	0.36%
SON	D	0.35%
OLN	F	0.35%
SEE	D	0.35%
WLK	F	0.34%
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	C	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%
MTX	C	0.18%
MTRN	C	0.17%
KWR	C	0.17%
HWKN	B	0.17%
CDE	C	0.17%
MP	C	0.16%
OI	D	0.14%
GEF	A	0.12%
PRM	C	0.12%
SCL	D	0.12%
NGVT	B	0.11%
USLM	B	0.11%
WS	B	0.1%
TROX	D	0.09%
PCT	B	0.09%
KALU	C	0.09%
CENX	B	0.08%
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	F	0.05%
GATO	C	0.05%
IE	D	0.05%
RYI	C	0.05%
HAYN	A	0.05%
PTVE	B	0.04%
MTUS	D	0.04%
METC	C	0.03%
MYE	F	0.03%
ZEUS	C	0.03%
CMP	C	0.03%
CLW	F	0.03%
LXU	C	0.03%
RDUS	C	0.03%
MERC	F	0.02%
KRO	F	0.02%
PACK	B	0.02%
GEF	A	0.02%

FMAT Underweight 77 Positions Relative to XRT

Symbol	Grade	Weight
CVNA	B	-2.26%
VSCO	A	-2.04%
WRBY	A	-2.04%
SFM	B	-1.82%
LAD	B	-1.75%
RVLV	A	-1.72%
GME	C	-1.68%
DDS	B	-1.62%
ABG	B	-1.52%
BBWI	C	-1.52%
SAH	B	-1.49%
MNRO	D	-1.46%
GPI	B	-1.45%
WINA	B	-1.44%
GO	C	-1.43%
BKE	B	-1.43%
AMZN	B	-1.42%
ORLY	B	-1.42%
BJ	B	-1.4%
URBN	D	-1.4%
CASY	A	-1.39%
EYE	C	-1.38%
PAG	C	-1.38%
UPBD	C	-1.38%
WMT	A	-1.37%
SIG	C	-1.37%
TGT	F	-1.36%
VVV	D	-1.36%
KR	B	-1.36%
SBH	B	-1.35%
M	F	-1.34%
AZO	C	-1.34%
COST	A	-1.32%
GAP	D	-1.32%
ANF	F	-1.32%
JWN	D	-1.31%
CHWY	B	-1.31%
ACI	C	-1.31%
TJX	A	-1.31%
BURL	B	-1.29%
AN	D	-1.29%
CWH	C	-1.28%
PSMT	D	-1.28%
MUSA	B	-1.28%
TSCO	D	-1.28%
KMX	C	-1.28%
AAP	D	-1.27%
EBAY	D	-1.27%
DLTR	F	-1.25%
CAL	F	-1.23%
WBA	F	-1.23%
LESL	D	-1.22%
ULTA	F	-1.22%
OLLI	D	-1.21%
DKS	D	-1.21%
BBY	D	-1.19%
ETSY	D	-1.19%
DG	F	-1.19%
ROST	D	-1.19%
FIVE	F	-1.18%
AEO	F	-1.18%
KSS	F	-1.16%
ODP	F	-1.16%
BOOT	D	-1.14%
FL	F	-1.1%
GES	F	-1.07%
ASO	F	-1.04%
HZO	F	-1.02%
SCVL	F	-0.96%
BBW	B	-0.85%
IMKTA	C	-0.83%
WMK	B	-0.77%
ZUMZ	C	-0.7%
GCO	C	-0.56%
GRPN	F	-0.55%
CRMT	F	-0.44%
ARKO	D	-0.3%