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ETF NYSE Arca USD

Fidelity MSCI Materials Index ETF FMAT

Issuer: Fidelity SEC registrant: FIDELITY COVINGTON TRUST Equity · Global
Watch FMAT (sign in) Add to portfolio (FMAT) Set an alert for FMAT Compare FMAT with other ETFs Position size calculator for FMAT at 57.77 USD

How position sizing works
Last price 57.77 USD Change: Up +0.22 Percent change: Up +0.38%

Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed

Expense ratio
0.08%
Prospectus 24 Nov 2025
Net assets
$578.7M
As of 31 Jul 2026
Holdings
103
As of 31 Jul 2026
12-month distribution yield
1.42%
Quarterly
Asset class
Equity
From holdings

Fidelity MSCI Materials Index ETF (FMAT) is an exchange-traded fund listed on NYSE Arca in the United States, issued by Fidelity. Its category is Equity · Global (equity). Its last price was US$57.77 on 20 Oct 2026. Its expense ratio is 0.08% a year, from its prospectus dated 24 Nov 2025. It reported net assets of US$578.67 million as of 31 Jul 2026. Its latest holdings report lists 103 holdings as of 31 Jul 2026. Over the last 12 months it paid distributions of US$0.82 a unit, a 12-month distribution yield of 1.42%, paid quarterly.

General information only: nothing on TakeProfits takes into account your objectives, financial situation or needs, and it isn't personal financial advice or a recommendation to buy or sell anything. Consider whether it suits you and get advice from a licensed adviser before acting. Market data may be delayed and comes from third-party sources.

Fees

Total annual operating expenses (gross)
0.08%
Net, after fee waivers or reimbursements
No waiver stated
Management fee
0.08%
Prospectus date
Not stated
Filed with the SEC
24 Nov 2025

Source: SEC prospectus risk/return data sets (opens in a new tab) Filed

Size and reporting

Net assets
$578,673,905
Total assets
$578,716,152
Holdings as of
31 Jul 2026
Report made public
23 Sep 2026 (54 days after the month end)

Net assets are for the whole fund series, which for some funds (Vanguard's, for example) also includes mutual fund share classes.

Source: SEC Form N-PORT (opens in a new tab) Filed

Top holdings

Largest 25 of 103 positions, as of 31 Jul 2026. Weight is the percent of net assets the fund reported.

FMAT top holdings as of 31 Jul 2026
# Holding Identifier Weight Value (USD) Type Country Currency
1 Linde PLC IE000S9YS762 14.94% $86.5M Equity (common) Ireland USD
2 Newmont Corp US6516391066 6.82% $39.5M Equity (common) United States USD
3 Freeport-McMoRan Inc US35671D8570 6.07% $35.1M Equity (common) United States USD
4 Sherwin-Williams Co/The US8243481061 5.40% $31.2M Equity (common) United States USD
5 Ecolab Inc US2788651006 4.76% $27.5M Equity (common) United States USD
6 CRH PLC IE0001827041 4.29% $24.8M Equity (common) Ireland USD
7 Air Products and Chemicals Inc US0091581068 4.21% $24.3M Equity (common) United States USD
8 Nucor Corp US6703461052 3.85% $22.3M Equity (common) United States USD
9 Corteva Inc US22052L1044 3.56% $20.6M Equity (common) United States USD
10 Vulcan Materials Co US9291601097 2.36% $13.7M Equity (common) United States USD
11 Steel Dynamics Inc US8581191009 2.33% $13.5M Equity (common) United States USD
12 Martin Marietta Materials Inc US5732841060 2.13% $12.3M Equity (common) United States USD
13 PPG Industries Inc US6935061076 1.67% $9.6M Equity (common) United States USD
14 Amrize Ltd CH1430134226 1.64% $9.5M Equity (common) Switzerland USD
15 Smurfit Westrock PLC IE00028FXN24 1.62% $9.4M Equity (common) Ireland USD
16 Packaging Corp of America US6951561090 1.48% $8.5M Equity (common) United States USD
17 Dow Inc US2605571031 1.47% $8.5M Equity (common) United States USD
18 Reliance Inc US7595091023 1.40% $8.1M Equity (common) United States USD
19 Amcor PLC JE00BV7DQ550 1.40% $8.1M Equity (common) Jersey USD
20 International Paper Co US4601461035 1.38% $8.0M Equity (common) United States USD
21 International Flavors & Fragrances Inc US4595061015 1.33% $7.7M Equity (common) United States USD
22 CF Industries Holdings Inc US1252691001 1.30% $7.5M Equity (common) United States USD
23 DuPont de Nemours Inc US26614N2018 1.26% $7.3M Equity (common) United States USD
24 Royal Gold Inc US7802871084 1.13% $6.6M Equity (common) United States USD
25 Ball Corp US0584981064 1.11% $6.4M Equity (common) United States USD

Source: SEC Form N-PORT (opens in a new tab) Made public Holdings as of 31 Jul 2026

All 103 stored holdings

Breakdowns

Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.

Asset type

Asset type by weight
TypeWeightBar
Equity (common) 99.81%
Short-term investment vehicles (cash funds) 0.13%
Equity derivatives −<0.01%

Country

Country by weight
CountryWeightBar
United States 73.95%
Ireland 20.86%
Switzerland 1.64%
Jersey 1.40%
Netherlands 1.08%
Bermuda 0.52%
France 0.23%
Canada 0.22%
United Kingdom 0.05%

The country each issuer is assigned to in the report.

Currency exposure

Currency exposure by weight
CurrencyWeightBar
US dollar (USD) 99.94%

The currency each holding is denominated in. Currency hedges are not netted off, so a hedged fund still shows its holdings' currencies.

Sector

Sector weights for holdings matched to listed stocks
SectorWeightBar
Industrials 30.20%
Basic Materials 20.41%
Consumer Discretionary 16.07%
Consumer Staples 3.56%
Energy 0.28%
Unknown 0.14%

Partial coverage: sectors are known for 70.7% of net assets (71% of the fund's equity weight), the holdings matched by CUSIP or ticker to US stocks listed on this site. The rest is not assigned a sector.

Source: SEC Form N-PORT (opens in a new tab) Holdings as of

Distributions

Paid in the last 12 months
$0.8210
4 payments per unit
12-month yield
1.42%
Distributions only, not total return
Frequency
Quarterly
From the gaps between ex-dates
Latest ex-date
18 Sep 2026

12-month yield = distributions per unit with an ex-date in the last 12 months ($0.8210) ÷ latest price ($57.77) × 100 = 1.42%. It looks back, so it is not a forecast; special distributions in the window are included.

Why a distribution yield is not the fund's return: yield vs total return

Distribution history table (19 payments)
FMAT distributions per unit by ex-date
Ex-dateAmount per unit
18 Sep 2026$0.2020
18 Jun 2026$0.2110
20 Mar 2026$0.1980
19 Dec 2025$0.2100
19 Sep 2025$0.2160
20 Jun 2025$0.2240
21 Mar 2025$0.2200
20 Dec 2024$0.2050
20 Sep 2024$0.2100
21 Jun 2024$0.1870
15 Mar 2024$0.2070
15 Dec 2023$0.2140
15 Sep 2023$0.2080
16 Jun 2023$0.2110
17 Mar 2023$0.1990
16 Dec 2022$0.2060
16 Sep 2022$0.2000
18 Mar 2022$0.2010
17 Dec 2021$0.1860

Source: Yahoo Finance (opens in a new tab) Checked · 2 days ago Amounts are adjusted for later unit splits

Filings and sources

Compare with

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How ETF overlap is measured, with a worked example

IMPORTANT FINANCIAL DISCLAIMER: The information provided on this platform is for educational and informational purposes only and should not be construed as investment advice. All investments involve risk, including potential loss of principal. Past performance does not guarantee future results. Take Profits is not a registered investment advisor and does not provide personalized investment advice. Users should conduct their own research and consult with qualified financial professionals before making investment decisions. Market data may be delayed and is provided by third-party sources.

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