NANR vs. FMAT ETF Comparison

Comparison of SPDR S&P North American Natural Resources ETF (NANR) to Fidelity MSCI Materials Index ETF (FMAT)

NANR

SPDR S&P North American Natural Resources ETF

NANR Description

The investment seeks to track the performance of the S&P BMI North American Natural Resources Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index comprises publicly traded large- and mid-capitalization U.S. and Canadian companies in the natural resources and commodities businesses that meet certain investability requirements and are classified within the sub-industries of one of three natural resources categories: energy, materials or agriculture. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$57.99

Average Daily Volume

16,815

Number of Holdings ^*

104

* may have additional holdings in another (foreign) market

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

$53.45

Average Daily Volume

32,994

Number of Holdings ^*

110

* may have additional holdings in another (foreign) market

Performance

Period	NANR	FMAT
30 Days	6.80%	4.77%
60 Days	11.16%	9.03%
90 Days	5.08%	9.20%
12 Months	17.82%	25.40%

34 Overlapping Holdings

Symbol	Grade	Weight in NANR	Weight in FMAT	Overlap
AA	B	0.66%	0.63%	0.63%
AMCR	C	0.97%	1.11%	0.97%
AMR	F	0.18%	0.18%	0.18%
ATI	C	0.56%	0.56%	0.56%
AVY	D	1.05%	1.21%	1.05%
CDE	C	0.19%	0.19%	0.19%
CF	A	0.97%	1.06%	0.97%
CLF	D	0.42%	0.41%	0.41%
CMC	D	0.42%	0.43%	0.42%
CRS	B	0.54%	0.51%	0.51%
CTVA	A	2.45%	2.77%	2.45%
FCX	B	5.02%	5.0%	5.0%
FMC	C	0.49%	0.56%	0.49%
GPK	D	0.53%	0.61%	0.53%
HCC	C	0.22%	0.23%	0.22%
HL	C	0.26%	0.27%	0.26%
IP	C	1.0%	1.1%	1.0%
KALU	D	0.08%	0.08%	0.08%
LPX	C	0.41%	0.47%	0.41%
MOS	F	0.52%	0.59%	0.52%
MP	C	0.16%	0.15%	0.15%
MTRN	F	0.14%	0.16%	0.14%
NEM	C	4.28%	4.21%	4.21%
NUE	D	2.5%	2.44%	2.44%
PKG	B	1.14%	1.31%	1.14%
RGLD	C	0.64%	0.63%	0.63%
RS	D	1.13%	1.13%	1.13%
SEE	C	0.31%	0.35%	0.31%
SLVM	C	0.17%	0.2%	0.17%
SMG	C	0.22%	0.25%	0.22%
SON	D	0.32%	0.36%	0.32%
STLD	C	1.3%	1.27%	1.27%
SW	C	1.49%	1.76%	1.49%
WS	D	0.07%	0.07%	0.07%

NANR Overweight 70 Positions Relative to FMAT

Symbol	Grade	Weight
XOM	A	10.24%
CVX	B	6.47%
COP	D	3.23%
EOG	B	1.85%
ADM	F	1.74%
SLB	D	1.57%
WY	C	1.47%
MPC	D	1.46%
PSX	D	1.43%
VLO	F	1.11%
HES	D	0.97%
BKR	B	0.93%
OXY	D	0.9%
BG	F	0.82%
FANG	D	0.81%
HAL	D	0.66%
DVN	F	0.64%
EQT	C	0.55%
INGR	B	0.54%
CTRA	D	0.46%
TPL	A	0.43%
MRO	B	0.39%
DAR	F	0.35%
WFG	C	0.34%
FTI	B	0.29%
OVV	D	0.26%
RYN	C	0.26%
APA	F	0.23%
CHK	C	0.23%
PCH	C	0.21%
AR	C	0.21%
CHRD	F	0.2%
RRC	D	0.19%
PR	D	0.18%
DINO	F	0.17%
WFRD	F	0.16%
NOV	F	0.16%
MTDR	D	0.15%
MUR	F	0.13%
CNX	A	0.13%
CIVI	F	0.12%
SM	D	0.12%
MGY	B	0.11%
WHD	A	0.1%
VAL	F	0.09%
TDW	F	0.09%
AROC	B	0.08%
RIG	F	0.08%
HP	D	0.08%
PBF	F	0.08%
CRC	B	0.08%
NOG	D	0.08%
CEIX	B	0.07%
BTU	B	0.07%
UEC	C	0.07%
LBRT	D	0.07%
PTEN	F	0.06%
OII	D	0.06%
WKC	A	0.05%
CRGY	B	0.05%
KOS	F	0.05%
GPOR	B	0.04%
XPRO	F	0.04%
HLX	C	0.04%
TALO	D	0.04%
DK	F	0.03%
AESI	B	0.03%
WTTR	B	0.02%
PDS	F	0.02%
PARR	F	0.02%

NANR Underweight 76 Positions Relative to FMAT

Symbol	Grade	Weight
LIN	C	-15.63%
SHW	C	-6.25%
APD	C	-4.53%
ECL	C	-4.44%
DOW	B	-2.63%
DD	C	-2.54%
MLM	F	-2.25%
VMC	D	-2.24%
PPG	D	-2.14%
IFF	D	-1.82%
LYB	B	-1.7%
BALL	C	-1.42%
RPM	A	-1.07%
CE	D	-1.03%
EMN	C	-0.9%
CCK	C	-0.78%
ALB	D	-0.77%
ATR	A	-0.72%
EXP	C	-0.66%
AXTA	C	-0.56%
X	F	-0.54%
BERY	C	-0.53%
CBT	B	-0.42%
ESI	C	-0.42%
OLN	D	-0.4%
WLK	C	-0.39%
BCPC	C	-0.38%
SUM	F	-0.32%
KNF	B	-0.32%
AVNT	C	-0.31%
FUL	F	-0.3%
SLGN	B	-0.3%
ASH	F	-0.28%
NEU	F	-0.27%
HUN	B	-0.27%
CC	D	-0.21%
IOSP	F	-0.19%
SXT	C	-0.19%
MTX	C	-0.17%
KWR	F	-0.17%
HWKN	B	-0.17%
ARCH	D	-0.16%
OI	D	-0.14%
ASPN	C	-0.13%
TROX	D	-0.12%
SCL	D	-0.12%
PRM	C	-0.12%
NGVT	D	-0.1%
GEF	B	-0.1%
TRS	D	-0.07%
OEC	F	-0.07%
PCT	C	-0.07%
USLM	C	-0.07%
ASIX	A	-0.06%
CENX	C	-0.06%
MATV	F	-0.06%
GATO	B	-0.05%
SXC	F	-0.05%
HAYN	B	-0.05%
ECVT	F	-0.05%
KOP	F	-0.05%
PTVE	D	-0.04%
MTUS	F	-0.04%
RYI	D	-0.04%
IE	D	-0.04%
ZEUS	F	-0.03%
LXU	C	-0.03%
CMP	D	-0.03%
MYE	F	-0.03%
CLW	F	-0.03%
RDUS	D	-0.03%
MERC	D	-0.02%
KRO	C	-0.02%
PACK	F	-0.02%
GEF	B	-0.02%
METC	D	-0.02%