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FMAT vs TRUM

Fidelity MSCI Materials Index ETF

FMATBNYSE Arca

VanEck Materials TruSector ETF

TRUMCNasdaq

Overlap

Expense ratio

FMAT −0.07pt a year

FMAT0.08%TRUM0.15%

Avg volume · 30D

FMAT 55.7×the volume

FMAT54KTRUM969

FMAT vs TRUM Performance

Aug 7, 2026 – Nov 9, 2026

−0.8%FMAT+1.5%TRUM

Aug 7, 2026 to Nov 9, 2026. FMAT −0.8%. TRUM +1.5%. Use the arrow keys to read each point.−8%−6%−4%−2%Aug 2026Sep 2026Nov 2026
Expense ratio
FMAT 0.08%, better
TRUM 0.15%
Fund size
FMAT $599M
TRUM $0
1Y total return
FMAT +21.9%
TRUM No data
Yield (12M)
FMAT 1.37%
TRUM No data
Holdings
FMAT 107
TRUM 27
Avg volume (30D)
FMAT 54K sh, better
TRUM 969 sh
NAV per share
FMAT $59.75
TRUM $25.66
52W range

ETF.net Grade

FMAT: Cost 95, Risk 55, Mission not scored, Tradability 54, Holdings 45, Durability 52. TRUM: Cost 77, Risk 80, Mission not scored, Tradability 30, Holdings 26, Durability 4.
Pillar letters and Scores for FMAT, TRUM, with each pillar’s weight
PillarFMATTRUM
Cost30% weightA95HigherA77
Mission25% weightNot scoredNot scored
Risk15% weightB55A80Higher
Tradability15% weightC54HigherD30
Holdings10% weightC45HigherD26
Durability5% weightC52HigherF4

Rank among Materials (Broad) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. FMAT and TRUM are both graded against the same 14 Materials (Broad) funds, so their Grades compare head to head.

Materials (Broad)⁠

Category · 14 funds
See all 14 ›

FMAT ranks 2nd and TRUM 10th of 14 funds in the Materials (Broad) Category.

  1. Rank 1AXLBState Street Materials Select Sector SPDR ETFScore 82
  2. Rank 2BFMATFidelity MSCI Materials Index ETFScore 69
  3. Rank 3BVAWVanguard Materials ETFScore 66
  4. Rank 9CPICKiShares MSCI Global Metals & Mining Producers ETFScore 41
  5. Rank 10CTRUMVanEck Materials TruSector ETFScore 40
  6. Rank 11DFXZFirst Trust Materials AlphaDEX FundScore 39

Our read on each fund

ETF.net Research

FMATBFidelity MSCI Materials Index ETF

TRUMCVanEck Materials TruSector ETF

In short

FMAT The whole US materials sector in one cheap wrapper: chemicals, industrial gases, miners and packagers, roughly 120 names spanning large down to small caps, for 0.08% a year. Fidelity has run it since 2013.

TRUM No data

Stated mandate

FMAT The fund seeks to provide returns that generally correspond, before fees and expenses, to the MSCI USA IMI Materials Index.

TRUM No data

Why people hold it

  • FMAT Costs 0.08% a year, tied with XLB for the lowest fee among materials ETFs and a fraction of what the typical fund in the group charges.
  • Tracks MSCI's investable-market index, so the basket reaches past the mega caps into mid and small caps: roughly 120 holdings, not a dozen giants.fidelity.com
  • Does what the label says. Its returns have hugged its stated MSCI materials index, one of the stronger index implementations in its peer group.
  • Live since 2013 with a multi-hundred-million-dollar asset base and quarterly distributions.

TRUM No data

Worth knowing

  • FMAT One sector, and a cyclical one. Materials profits ride commodity prices and industrial demand, so this can move a long way from the broad market in either direction.
  • US-listed companies only, so the big Australian, Canadian and European miners sit outside the basket.fidelity.com
  • Moderately traded rather than a volume leader, so spreads can run wider than at the busiest materials funds, especially in fast markets.

TRUM No data

Full FMAT profile⁠

Full TRUM profile⁠

FMAT vs TRUM Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FMAT vs TRUM Cost

Overpaying TRUM vs FMAT

$1,364

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FMAT 0.084%

    $1,773

  • TRUM 0.15%

    $3,137

$10,000
30 years

Cost over time

  • FMAT 0.084%
  • TRUM 0.15%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K051015202530TRUM $3,137FMAT $1,773

Year by year

YearFMATTRUMOverpaying
10$154$274$120
20$603$1,071$468
30$1,773$3,137$1,364

Expense ratio

  • 0.08%FMAT, cheaper
  • 0.15%TRUM
  • Middle half of Materials (Broad) funds
  • Median 0.37%

FMAT 2nd cheapest of 14 funds

TRUM 4th cheapest of 14 funds

FMAT vs TRUM Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
FMAT 1.37%
TRUM No data
Payout (12M)
FMAT $0.82
TRUM No data
Last payment
FMAT $0.20
TRUM $0.09
Ex-dividend
FMAT Sep 18, 2026
TRUM Oct 1, 2026
Paid on
FMAT Sep 22, 2026
TRUM Oct 6, 2026
Frequency
FMAT Quarterly
TRUM Irregular

Distribution history

Per share, 2017 to 2026, same scale for both

FMATQuarterly · 39 paymentsAll FMAT payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 17, 2017 $0.13; Jun 16, 2017 $0.14; Sep 15, 2017 $0.12; Dec 15, 2017 $0.14; Mar 16, 2018 $0.14; Jun 15, 2018 $0.16; Sep 21, 2018 $0.15; Dec 21, 2018 $0.17; Mar 15, 2019 $0.13; Jun 21, 2019 $0.19; Sep 20, 2019 $0.16; Dec 20, 2019 $0.17; Mar 20, 2020 $0.21; Jun 19, 2020 $0.15; Sep 18, 2020 $0.17; Dec 18, 2020 $0.17; Mar 19, 2021 $0.16; Jun 18, 2021 $0.18; Sep 17, 2021 $0.20; Dec 17, 2021 $0.19; Mar 18, 2022 $0.20; Jun 17, 2022 $0.27; Sep 16, 2022 $0.20; Dec 16, 2022 $0.21; Mar 17, 2023 $0.20; Jun 16, 2023 $0.21; Sep 15, 2023 $0.21; Dec 15, 2023 $0.21; Mar 15, 2024 $0.21; Jun 21, 2024 $0.19; Sep 20, 2024 $0.21; Dec 20, 2024 $0.21; Mar 21, 2025 $0.22; Jun 20, 2025 $0.22; Sep 19, 2025 $0.22; Dec 19, 2025 $0.21; Mar 20, 2026 $0.20; Jun 18, 2026 $0.21; Sep 18, 2026 $0.20. Use the arrow keys to read each point.$0$0.252017202020232026YTD
TRUMIrregular · 1 paymentAll TRUM payments⁠
One bar per payment. 1 payment from 2017 to 2026 YTD. Oct 1, 2026 $0.09. Use the arrow keys to read each point.$0$0.252017202020232026YTD

FMAT vs TRUM Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
FMAT 17.3%TRUM No data
Return per unit of riskSharpe ratio, 3 years
FMAT 0.54TRUM No data
Worst fallMax drawdown, 5 years
FMAT −25.4%TRUM No data
Market sensitivityBeta, 5 years
FMAT 0.97TRUM 0.66

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