FMAT ETF ANALYSIS

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FMAT ETF FUNDAMENTALS
FMAT ETF PERFORMANCE

FMAT ISSUER

The Fidelity MSCI Materials Index ETF (FMAT) is managed by Fidelity Investments, a renowned name in the financial industry. Established in 1946, Fidelity has a long history of providing investment solutions to clients worldwide. FMAT is designed to track the MSCI USA IMI Materials 25/50 Index, focusing on the materials sector in the U.S. equity market. Fidelity's expertise and commitment to delivering quality investment products make FMAT a reliable choice for investors seeking exposure to the materials sector.

FMAT DIVIDEND

The Fidelity MSCI Materials ETF (FMAT) offers investors exposure to the materials sector of the U.S. equity market, and while its primary focus is not on dividends, it does distribute dividends based on the performance of its underlying index, the MSCI USA IMI Materials 25/50 Index. Dividend distributions typically follow the policies and performances of the constituent companies within the index. Investors can expect dividend distributions on a periodic basis, and the fund may not necessarily hold all the securities within the index. FMAT is a suitable choice for those seeking capital appreciation within the materials sector while also benefiting from potential dividend returns.

FMAT TRACKING

FMAT, or the Fidelity MSCI Materials ETF, is focused on tracking the MSCI USA IMI Materials 25/50 Index, which is designed to measure the performance of the materials sector within the U.S. equity market. To achieve this goal, FMAT invests at least 80% of its assets in securities included in the underlying index. It employs a representative sampling indexing strategy, selecting a portfolio of securities that collectively mirrors the investment profile of the index. While FMAT may not hold all of the securities in the MSCI USA IMI Materials 25/50 Index, its strategy aims to provide investors with exposure to the materials sector in the U.S. equity market, making it a valuable option for those interested in this specific industry.

FMAT CORRELATION

The correlation aspect of the Fidelity MSCI Materials Index ETF (FMAT) is primarily tied to the performance of the materials sector in the U.S. equity market. As FMAT seeks to replicate the MSCI USA IMI Materials 25/50 Index, its correlation with materials-related stocks is expected to be quite high. This strong correlation makes FMAT a valuable tool for investors looking to gain exposure to the materials sector or seeking diversification within their portfolios. By utilizing our tool, ETF Insider, investors can delve deeper into FMAT's correlations with other assets and sectors, allowing for more informed investment decisions and a better understanding of market trends and overlaps.

FMAT SECTOR

The Fidelity MSCI Materials ETF (FMAT) primarily focuses on the materials sector in the U.S. equity market. This ETF invests at least 80% of its assets in securities included in the MSCI USA IMI Materials 25/50 Index, making it a concentrated play in this sector. Materials sector companies are involved in the extraction, production, and distribution of basic raw materials, making FMAT an attractive option for investors looking to gain exposure to this foundational industry.

FMAT EXPOSURE

The Fidelity MSCI Materials ETF (FMAT) provides exposure to the materials sector of the U.S. equity market. With a focus on this specific sector, FMAT invests at least 80% of its assets in securities included in the MSCI USA IMI Materials 25/50 Index. This index represents the performance of the materials sector and includes companies from various market capitalizations within the United States. FMAT utilizes a representative sampling indexing strategy, selecting securities that collectively mimic the index''s investment profile, fundamental characteristics, and liquidity measures. For investors seeking targeted exposure to the materials sector, FMAT offers a convenient option within the world of U.S. ETFs.

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