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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
2.3 %

5 positions appear in both funds. Buying equal dollars of FMAT and GDXJ would leave roughly 2.3% of each dollar exposed to the same underlying securities.

FMAT only 97.6% Shared 2.3% GDXJ only 99.2%
In FMAT only
99 positions
Shared
5 positions
In GDXJ only
109 positions

Side by side

FMAT

Fidelity MSCI Materials Index ETF

Fidelity · Materials

70 composite / 100
Expense ratio
0.084%
Net assets
$623.5M
TTM yield
1.45%
Top-10 conc.
55.9%
GDXJ

VanEck Junior Gold Miners ETF

VanEck · Materials

66 composite / 100
Expense ratio
0.52%
Net assets
$7.08B
TTM yield
2.74%
Top-10 conc.
44.6%

Sub-score comparison

92
Cost
48
83
Tax efficiency
80
48
Liquidity
93
34
Concentration
51
—
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 1.19% 6.68% 1.19%
2 Hecla Mining Co 0.77% 2.27% 0.77%
3 Perpetua Resources Corp 0.15% 0.69% 0.15%
4 Hycroft Mining Holding Corp 0.11% 0.55% 0.11%
5 McEwen Inc 0.07% 0.30% 0.07%

Only in FMAT

99 total
  • Linde PLC 14.99%
  • Newmont Corp 7.77%
  • Freeport-McMoRan Inc 5.32%
  • CRH PLC 5.09%
  • Sherwin-Williams Co/The 4.85%
  • Air Products and Chemicals Inc 4.28%
  • Ecolab Inc 4.26%
  • Corteva Inc 3.51%
  • Nucor Corp 3.30%
  • Vulcan Materials Co 2.55%

Only in GDXJ

109 total
  • Alamos Gold Inc 7.13%
  • Equinox Gold Corp 6.64%
  • Endeavour Mining PLC 6.05%
  • Evolution Mining Ltd 6.01%
  • First Majestic Silver Corp 2.82%
  • Industrias Penoles SAB de CV 2.41%
  • IAMGOLD Corp 2.37%
  • Lundin Gold Inc 2.26%
  • Zhaojin Mining Industry Co Ltd 2.00%
  • OceanaGold Corp 1.90%

Open FMAT or GDXJ at a brokerage

Both funds trade commission-free at major US brokerages.

Open at Fidelity

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.