Fidelity MSCI Materials Index ETF (FMAT)Natural Resources | Exchange Traded Fund | NYSEArca
61.01 USD
-0.26
(-0.424%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 61.01 |
Hot Take ↕ | Aug. 22, 2026, 3:42 a.m. EDT
The materials sector ETF is showing signs of constructive momentum as it trades above its key moving averages, supported by a distinct bullish footprint in the options chain where traders are betting on a move toward the $63 resistance level. While the underlying business has delivered a robust nine-year cumulative gain of nearly 91% with no recent consecutive years of decline, the valuation remains elevated at roughly 25x earnings, preventing a top-tier long-term rating. The dividend yield of 1.46% is stable but insufficient to offset the cost of capital for income-focused investors, offering only inflation-matching returns rather than a premium. Ultimately, this is a solid mid-cap play for growth-oriented portfolios, but the high valuation and modest yield keep it from being a definitive 'buy' for all market segments. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.018539 |
| AutoETS | 0.018556 |
| MSTL | 0.019679 |
| AutoTheta | 0.021150 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 56% |
| H-stat | 2.27 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.383 |
| Excess Kurtosis | -0.92 |
| Attribute | Value |
|---|---|
| Trailing P/E | 24.66 |
As of Aug. 22, 2026, 3:42 a.m. EDT: Speculators are positioning for a modest upside move in the near term, evidenced by significant open interest concentration at the $63 strike for September expiration, which sits above current prices. This bullish bias is reinforced by a notable volume spike at the $45 strike for December calls, suggesting a hedge against a deep crash or a bet on a substantial recovery. Conversely, put activity is sparse and concentrated far out-of-the-money, indicating a lack of immediate fear regarding a sharp downturn.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.35% | 1.53% | 1.65% | 1.61% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-18 | 0.211 | 0.353315 |
| 2026-03-20 | 0.198 | 0.367347 |
| 2025-12-19 | 0.210 | 0.395704 |
| 2025-09-19 | 0.216 | 0.409401 |
| 2025-06-20 | 0.224 | 0.460337 |
| 2025-03-21 | 0.220 | 0.455959 |
| 2024-12-20 | 0.205 | 0.421291 |
| 2024-09-20 | 0.210 | 0.397426 |
| 2024-06-21 | 0.187 | 0.374524 |
| 2024-03-15 | 0.207 | 0.408284 |
| 2023-12-15 | 0.214 | 0.446578 |
| 2023-09-15 | 0.208 | 0.455641 |
| 2023-06-16 | 0.211 | 0.461404 |
| 2023-03-17 | 0.199 | 0.468235 |
| 2022-12-16 | 0.206 | 0.468501 |
| 2022-09-16 | 0.200 | 0.492005 |
| 2022-03-18 | 0.201 | 0.414348 |
| 2021-12-17 | 0.186 | 0.383663 |
| 2021-09-17 | 0.197 | 0.436323 |
| 2021-06-18 | 0.178 | 0.395029 |
| 2021-03-19 | 0.163 | 0.373767 |
| 2020-12-18 | 0.173 | 0.435439 |
| 2020-09-18 | 0.169 | 0.477536 |
| 2020-06-19 | 0.149 | 0.488364 |
| 2020-03-20 | 0.205 | 0.939505 |
| 2019-12-20 | 0.168 | 0.493392 |
| 2019-09-20 | 0.162 | 0.499383 |
| 2019-06-21 | 0.191 | 0.592248 |
| 2019-03-15 | 0.128 | 0.407125 |
| 2018-12-21 | 0.168 | 0.614709 |
| 2018-09-21 | 0.148 | 0.423705 |
| 2018-06-15 | 0.159 | 0.459405 |
| 2018-03-16 | 0.144 | 0.419336 |
| 2017-12-15 | 0.144 | 0.421916 |
| 2017-09-15 | 0.123 | 0.379395 |
| 2017-06-16 | 0.135 | 0.434363 |
| 2017-03-17 | 0.133 | 0.434641 |
| 2016-12-16 | 0.113 | 0.385797 |
| 2016-09-16 | 0.134 | 0.502437 |
| 2016-06-17 | 0.121 | 0.453863 |
| 2015-12-29 | 0.006 | 0.024331 |
| 2015-12-18 | 0.107 | 0.451477 |
| 2015-09-18 | 0.156 | 0.662139 |
| 2015-06-19 | 0.128 | 0.451499 |
| 2015-03-20 | 0.127 | 0.456342 |
| 2014-12-19 | 0.127 | 0.460980 |
| 2014-09-19 | 0.116 | 0.405028 |
| 2014-06-20 | 0.085 | 0.299612 |
| 2014-03-21 | 0.125 | 0.460914 |
| 2013-12-27 | 0.002 | 0.007582 |
| 2013-12-20 | 0.100 | 0.388048 |
| Attribute | Value |
|---|---|
| All Time High | 62.84 |
| All Time Low | 20.29 |
| Ask | 61.74 |
| Ask Size | 800 |
| Average Daily Volume10 Day | 40,130 |
| Average Daily Volume3 Month | 54,383 |
| Average Volume | 54,383 |
| Average Volume10Days | 40,130 |
| Beta3 Year | 0.91 |
| Bid | 60.33 |
| Bid Size | 1,000 |
| Category | Natural Resources |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 61.545 |
| Day Low | 60.7401 |
| Dividend Yield | 1.46 |
| Eps Trailing Twelve Months | 2.4737597 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 59.02 |
| Fifty Day Average Change | 1.9899979 |
| Fifty Day Average Change Percent | 0.03371735 |
| Fifty Two Week Change Percent | 15.822304 |
| Fifty Two Week High | 62.84 |
| Fifty Two Week High Change | -1.8300018 |
| Fifty Two Week High Change Percent | -0.029121608 |
| Fifty Two Week Low | 48.76 |
| Fifty Two Week Low Change | 12.25 |
| Fifty Two Week Low Change Percent | 0.25123054 |
| Fifty Two Week Range | 48.76 - 62.84 |
| First Trade Date Milliseconds | 1,382,621,400,000 |
| Five Year Average Return | 0.0722862 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.260002 |
| Fullday Change Percent | -0.424355 |
| Fullday Price | 61.01 |
| Fund Family | Fidelity Investments |
| Fund Inception Date | 1,382,313,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | 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. |
| Long Name | Fidelity MSCI Materials Index ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_243638576 |
| Nav Price | 61.52238 |
| Net Assets | 578,673,920.0 |
| Net Expense Ratio | 0.084 |
| Open | 61.57 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 61.01 |
| Post Market Time | 1,787,961,138 |
| Previous Close | 61.27 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.260002 |
| Regular Market Change Percent | -0.424355 |
| Regular Market Day High | 61.545 |
| Regular Market Day Low | 60.7401 |
| Regular Market Day Range | 60.7401 - 61.545 |
| Regular Market Open | 61.57 |
| Regular Market Previous Close | 61.27 |
| Regular Market Price | 61.01 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 43,800 |
| Short Name | Fidelity MSCI Materials Index E |
| Source Interval | 15 |
| Symbol | FMAT |
| Three Year Average Return | 0.1240606 |
| Total Assets | 578,673,920 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 24.662865 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -3.72962 |
| Trailing Three Month Returns | -3.72962 |
| Triggerable | 1 |
| Two Hundred Day Average | 57.68125 |
| Two Hundred Day Average Change | 3.3287468 |
| Two Hundred Day Average Change Percent | 0.057709336 |
| Type Disp | ETF |
| Volume | 43,800 |
| Yield | 0.0146 |
| Ytd Return | 8.12017 |