Fidelity MSCI Materials Index ETF (FMAT)
Fidelity MSCI Materials Index ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $57.13, up 0.47% on the session, giving a market capitalisation of $624.8M. Its beta of 0.99 implies it has historically moved less than the broad market.
The fund invests 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 25/50 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 25/50 Index. The fund is non-diversified.
Fidelity MSCI Materials Index ETF is most often compared with the following Financial Services names: