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Portfolio Composition:  FMAT

FIDELITY MSCI MATERIALS INDEX ETF

24.50   -0.27 (-1.09%)

AS OF 8:00:00pm ET 03/31/2020 Quotes delayed at least 15 minutes.

ETP's Prospectus Stated Objectives

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. Using a representative sampling indexing strategy to manage the fund. “Representative sampling" is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to the index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the index. The fund may or may not hold all of the securities in the MSCI USA IMI Materials Index.

Asset Classification Equity
Geography Objective US
Capitalization / Style Objective Broad/Multi Cap / Core or Blend
Sector Objective Basic Materials
Investment Philosophy Passively Managed

ETP Portfolio Characteristics

as of 03/31/2020

Independent third-party analytics of the daily basket holdings shown below can help you compare the ETP's Prospectus Stated Objectives to the characteristics of its underlying holdings. Their use of standardized calculations enable consistent comparison. It is important to note that they may not reflect ETF Managers' methodology to determine portfolio characteristics in buying and selling securities for the fund. Learn more about the ETF Managers' investment approach and performance in their Prospectus, Reports & Holdings.

Basket Holdings

Total: 115 (Long: 114 | Short: 0)
Holdings
 Top 10 53.89%
 Other 46.11%

Top 10

LIN Linde PLC 14.02%
APD Air Products and Chemicals Inc 6.64%
ECL Ecolab Inc 6.10%
SHW Sherwin-Williams Co 5.77%
NEM Newmont Corporation 5.61%
DD Dupont De Nemours Inc 3.81%
DOW Dow Inc 3.27%
BLL Ball Corp 3.03%
PPG PPG Industries Inc 2.99%
CTVA Corteva Inc 2.65%
View all Basket Holdings by Weight
Sector Exposure
Materials 99.51%
Chemicals 65.03%
Containers & Packaging 15.82%
Metals & Mining 13.26%
Construction Materials 4.29%
Paper & Forest Products 1.11%
Regional Exposure
North America 83.31%
Europe 16.18%
Country Exposure
United States 83.23%
United Kingdom 16.18%
Canada 0.08%
Market Capitalization
Large 48.80%
Mid 29.66%
Small 13.23%
Micro 7.80%
Other 0.51%

StyleMap®

as of 04/01/2020   More information
Value Blend Growth
Large
Mid
Small
Current HistoricalCurrent Fund Assets Coverage: 99%
Data provided by .

Currency Exposure More information

United States Dollar 83.23%
British Pound 16.18%
View full listing

ETFs are subject to management fees as well as other expenses including brokerage commissions. Please contact your investment professional for more information on applicable brokerage fees. Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their NAV, and may only be redeemed directly with the fund by Authorized Participants in creation units.

* A hypothetical $10,000 investment made in the fund ten years ago, or on commencement of operations for funds lacking a ten-year track record. Figures include reinvestment of capital gains and dividends, but do not reflect the effect of any applicable sales charges or redemption fees, which would lower these figures. This chart is not intended to imply any future performance of the fund.

The performance data shown represents past performance, which is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. Yield and return will vary, therefore you have a gain or loss when you sell your shares. Click on the "Performance & Risk" link to view quarter-end performance.

Average annual total returns are historical and include change in share value and reinvestment of dividends and capital gains, if any. Cumulative total returns are reported as of the period indicated. Life of fund figures are reported as of the commencement date to the period indicated. Since ETFs are bought and sold at prices set by the market - which can result in a premium or discount to NAV- the returns calculated using market price (market return) can differ from those calculated using NAV (NAV return).

Basket holdings, asset allocation, market sectors, industry exposure, and geographical diversification are as of the date indicated and may not be representative of the fund's current or future investments.

© 2014 Morningstar, Inc. All rights reserved. The Morningstar information contained herein (1) is proprietary to Morningstar or its affiliates; (2) may not be copied or redistributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Before investing in any exchange traded product, you should consider its investment objective, risks, charges and expenses. Contact Fidelity for a prospectus, or, if available, a summary prospectus containing this information. Read it carefully.


 
 

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