ETF comparison
FMATvsXLB
Both Materials.
Fidelity MSCI Materials Index ETF · State Street Materials Select Sector SPDR ETF
Holdings overlap
25 positions appear in both funds. Buying equal dollars of FMAT and XLB would leave roughly72.5%of each dollar exposed to the same underlying securities.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — seewhat we don't scorefor why.
Cost difference
Expense ratios are effectively identical (0.084% vs 0.080%).
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open thecost calculator pre-filled with FMAT vs XLB.
Top shared holdings
25 shared in total| # | Holding | In FMAT | In XLB | Overlap |
|---|---|---|---|---|
| 1 | Linde PLC | 14.99% | 14.06% | 14.06% |
| 2 | Newmont Corp | 7.77% | 5.84% | 5.84% |
| 3 | Freeport-McMoRan Inc | 5.32% | 5.30% | 5.30% |
| 4 | Sherwin-Williams Co/The | 4.85% | 4.94% | 4.85% |
| 5 | CRH PLC | 5.09% | 4.67% | 4.67% |
| 6 | Air Products and Chemicals Inc | 4.28% | 4.62% | 4.28% |
| 7 | Ecolab Inc | 4.26% | 4.73% | 4.26% |
| 8 | Corteva Inc | 3.51% | 4.96% | 3.51% |
| 9 | Nucor Corp | 3.30% | 3.88% | 3.30% |
| 10 | Vulcan Materials Co | 2.55% | 4.72% | 2.55% |
| 11 | Martin Marietta Materials Inc | 2.39% | 4.55% | 2.39% |
| 12 | Steel Dynamics Inc | 2.03% | 3.73% | 2.03% |
Only in FMAT
79 total- Amrize Ltd1.72%
- Royal Gold Inc1.26%
- DuPont de Nemours Inc1.23%
- Reliance Inc1.21%
- Coeur Mining Inc1.19%
- Alcoa Corp1.06%
- RPM International Inc0.84%
- Solstice Advanced Materials Inc0.83%
- Hecla Mining Co0.77%
- Crown Holdings Inc0.73%
Only in XLB
2 total- DuPont de Nemours Inc2.48%
- State Street Global Advisors0.00%
Open FMAT or XLB 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 methodologyand 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.