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ETF comparison

FMAT vs GDXJ

Both Materials.

Fidelity MSCI Materials Index ETF · VanEck Junior Gold Miners ETF

Holdings overlap

Weighted by ISIN/CUSIP
1.9 %

5 positions appear in both funds. Buying equal dollars of FMAT and GDXJ would leave roughly 1.9% of each dollar exposed to the same underlying securities.

FMAT unmatched 97.9% Shared 1.9% GDXJ unmatched 98.0%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In FMAT only
96 positions
Shared
5 positions
In GDXJ only
110 positions

Side by side

FMAT

Fidelity MSCI Materials Index ETF

Fidelity · Materials

70 composite / 100
Expense ratio
0.084%
Net assets
$574.0M
TTM yield
1.43%
Top-10 conc.
56.3%
GDXJ

VanEck Junior Gold Miners ETF

VanEck · Materials

67 composite / 100
Expense ratio
0.52%
Net assets
$8.37B
TTM yield
2.67%
Top-10 conc.
42.7%

Sub-score comparison

92
Cost
48
83
Tax efficiency
80
46
Liquidity
97
34
Concentration
53
—
Tracking quality
—
FMAT sub-score GDXJ

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

FMAT is 44 bps cheaper than GDXJ. On a $100,000 position that's about $436/yr more in fees for GDXJ.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with FMAT vs GDXJ.

Top shared holdings

5 shared in total
# Holding In FMAT In GDXJ Overlap
1 Coeur Mining Inc 1.04% 5.14% 1.04%
2 Hecla Mining Co 0.64% 2.63% 0.64%
3 Perpetua Resources Corp 0.10% 0.62% 0.10%
4 Hycroft Mining Holding Corp 0.07% 0.45% 0.07%
5 McEwen Inc 0.06% 0.33% 0.06%

Only in FMAT

96 total
  • Linde PLC 14.94%
  • Newmont Corp 6.82%
  • Freeport-McMoRan Inc 6.07%
  • Sherwin-Williams Co/The 5.40%
  • Ecolab Inc 4.76%
  • CRH PLC 4.29%
  • Air Products and Chemicals Inc 4.21%
  • Nucor Corp 3.85%
  • Corteva Inc 3.56%
  • Vulcan Materials Co 2.36%

Only in GDXJ

110 total
  • Evolution Mining Ltd 6.37%
  • Equinox Gold Corp 6.28%
  • Alamos Gold Inc 6.23%
  • Endeavour Mining PLC 5.33%
  • Industrias Penoles SAB de CV 2.88%
  • First Majestic Silver Corp 2.72%
  • IAMGOLD Corp 2.62%
  • Eldorado Gold Corp 2.49%
  • Harmony Gold Mining Co Ltd 2.05%
  • Lundin Gold Inc 1.93%

Percentages are holdings overlap with the named fund.

Open FMAT or GDXJ at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.