# Fidelity MSCI Materials Index ETF (FMAT) — Overview

FMAT · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/fmat

## Price

Last close $57.09 on Oct 15, 2026. 52-week range $48.78 – $62.52.

## Fund profile

FMAT tracks a market-cap-weighted index of stocks in the US basic materials sector across the entire market-cap spectrum.

| Metric | Value |
| --- | --- |
| Issuer | Fidelity Management & Research Company LLC |
| Industry | Materials |
| Inception | Oct 21, 2013 |
| Assets under management | $574.0M |
| Expense ratio | 0.08% |
| Net asset value | $56.71 (as of Oct 13, 2026) |
| Distributions | Quarterly |
| Leverage | 1x |

## Frequently Asked Questions

### What is Fidelity MSCI Materials Index ETF (FMAT)?

FMAT tracks a market-cap-weighted index of stocks in the US basic materials sector across the entire market-cap spectrum.

### What is FMAT's expense ratio?

Fidelity MSCI Materials Index ETF charges an annual expense ratio of 0.08%. The fund is issued by Fidelity Management & Research Company LLC.

### How large is FMAT?

Fidelity MSCI Materials Index ETF manages $574.0M in assets and has traded since Oct 21, 2013.

### How do I buy shares of Fidelity MSCI Materials Index ETF (FMAT)?

FMAT trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).