FMAT vs BRNY
Comparison between FIDELITY MSCI MATERIALS INDEX ETF (FMAT, ETF) and BURNEY U.S. FACTOR ROTATION ETF (BRNY, ETF).
FMAT vs BRNY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
FMAT
$579M
Winner
BRNY
$580M
Expense Ratio
Winner
FMAT
0.08%
BRNY
0.79%
Max Drawdown
FMAT
43.86%
Winner
BRNY
19.17%
Sharpe Ratio
FMAT
0.70
Winner
BRNY
1.41
5Y Beta
Winner
FMAT
0.86
BRNY
1.01
P/E Ratio
FMAT
30.31
Winner
BRNY
20.25
Forward P/E
FMAT
18.85
Winner
BRNY
14.99
5Y Dividends CAGR
FMAT
4.94%
BRNY
N/A
5Y EPS CAGR
FMAT
15.70%
Winner
BRNY
33.22%
Debt to Equity
Winner
FMAT
35.35%
BRNY
72.13%
P/S Ratio
FMAT
2.05
Winner
BRNY
0.84
P/B Ratio
Winner
FMAT
3.10
BRNY
3.75
FMAT vs BRNY - Holdings Comparison
FMAT and BRNY have 5 common holdings. Overlap is 2.43%
FMAT's top 25 holdings weight is 78.71%. BRNY's top 25 holdings weight is 74.12%.
| Rank | FMAT | BRNY |
|---|---|---|
| #1 | LINDE PLC (LIN) - 15.76% | NVIDIA CORP (NVDA) - 6.70% |
| #2 | NEWMONT CORP (NEM) - 6.73% | ALPHABET INC CLASS A (GOOGL) - 6.04% |
| #3 | FREEPORT-MCMORAN INC (FCX) - 6.06% | EXPEDIA GROUP INC (EXPE) - 5.63% |
| #4 | SHERWIN-WILLIAMS CO (SHW) - 5.04% | APPLE INC (AAPL) - 5.01% |
| #5 | ECOLAB INC (ECL) - 4.52% | MICRON TECHNOLOGY INC (MU) - 4.99% |
| #6 | CRH PLC (CRH) - 4.50% | STONEX GROUP INC (SNEX) - 4.03% |
| #7 | AIR PRODUCTS AND CHEMICALS INC (APD) - 4.22% | AERCAP HOLDINGS NV (AER) - 3.62% |
| #8 | CORTEVA INC (CTVA) - 3.93% | CIRRUS LOGIC INC (CRUS) - 3.35% |
| #9 | NUCOR CORP (NUE) - 3.49% | ARISTA NETWORKS INC (ANET) - 3.34% |
| #10 | VULCAN MATERIALS CO (VMC) - 2.43% | ADVANCED MICRO DEVICES INC (AMD) - 3.27% |
| #11 | MARTIN MARIETTA MATERIALS INC (MLM) - 2.22% | META PLATFORMS INC CLASS A (META) - 3.03% |
| #12 | STEEL DYNAMICS INC (STLD) - 2.16% | CITIGROUP INC (C) - 2.70% |
| #13 | PPG INDUSTRIES INC (PPG) - 1.74% | ELDORADO GOLD CORP (n/a) - 2.47% |
| #14 | AMRIZE LTD REGISTERED SHARE (AMRZ) - 1.63% | STATE STREET CORP (STT) - 2.16% |
| #15 | SMURFIT WESTROCK PLC (SW) - 1.52% | ROKU INC CLASS A (ROKU) - 2.07% |
| #16 | DOW INC (DOW) - 1.48% | THE GOLDMAN SACHS GROUP INC (GS) - 1.99% |
| #17 | PACKAGING CORP OF AMERICA (PKG) - 1.37% | AMAZON.COM INC (AMZN) - 1.89% |
| #18 | AMCOR PLC ORDINARY SHARES (AMCR) - 1.35% | CARNIVAL CORPORATION LTD (CCL) - 1.88% |
| #19 | RELIANCE INC (RS) - 1.32% | CF INDUSTRIES HOLDINGS INC (CF) - 1.87% |
| #20 | DUPONT DE NEMOURS INC (DD) - 1.28% | DELTA AIR LINES INC (DAL) - 1.71% |
| #21 | INTERNATIONAL FLAVORS & FRAGRANCES INC (IFF) - 1.28% | ZOOM COMMUNICATIONS INC (ZM) - 1.48% |
| #22 | CF INDUSTRIES HOLDINGS INC (CF) - 1.27% | LIQUIDIA CORP ORDINARY SHARES (LQDA) - 1.35% |
| #23 | INTERNATIONAL PAPER CO (IP) - 1.23% | RALPH LAUREN CORP CLASS A (RL) - 1.23% |
| #24 | ROYAL GOLD INC (RGLD) - 1.11% | PTC THERAPEUTICS INC (PTCT) - 1.17% |
| #25 | COEUR MINING INC (CDE) - 1.07% | PG&E CORP (PCG) - 1.14% |
| Total Holdings | 104 | 71 |
FMAT vs BRNY - Historical Returns
Returns include dividend reinvestment.
1M
Winner
FMAT
+3.60%
BRNY
+3.03%
3M
FMAT
+2.59%
Winner
BRNY
+3.14%
6M
FMAT
-1.71%
Winner
BRNY
+18.38%
1Y
FMAT
+16.29%
Winner
BRNY
+27.20%
5Y(CAGR)
FMAT
+6.71%
BRNY
N/A
10Y(CAGR)
FMAT
+10.09%
BRNY
N/A
Max(CAGR)
FMAT
+9.07%
Winner
BRNY
+26.13%
FMAT vs BRNY - Annual Returns (2013 - 2026)
Returns include dividend reinvestment.
| Year | FMAT | BRNY |
|---|---|---|
| 2026 | +13.86% | +16.65% |
| 2025 | +13.29% | +21.53% |
| 2024 | +0.84% | +29.56% |
| 2023 | +13.85% | +22.74% |
| 2022 | -10.66% | +8.90% |
| 2021 | +28.83% | N/A |
| 2020 | +20.79% | N/A |
| 2019 | +22.83% | N/A |
| 2018 | -18.83% | N/A |
| 2017 | +22.61% | N/A |
| 2016 | +23.44% | N/A |
| 2015 | -10.02% | N/A |
| 2014 | +6.47% | N/A |
| 2013 | +5.12% | N/A |
FMAT vs BRNY Drawdown Comparison
The maximum drawdown for FMAT was -41.08%, occurring on Mar 23, 2020. Recovery took 654 trading sessions.
The maximum drawdown for BRNY was -19.14%, occurring on Apr 8, 2025. Recovery took 87 trading sessions.
The current FMAT drawdown is -1.71%. The current BRNY drawdown is -1.62%.
| Rank | FMAT | BRNY |
|---|---|---|
| #1 | -41.08% Jan 26, 2018 - Sep 1, 2020 | -19.14% Feb 18, 2025 - Jun 24, 2025 |
| #2 | -27.23% Feb 24, 2015 - Nov 15, 2016 | -10.96% Aug 1, 2023 - Dec 1, 2023 |
| #3 | -25.40% Apr 20, 2022 - Feb 29, 2024 | -10.71% Feb 2, 2023 - Jun 29, 2023 |
| #4 | -23.17% Oct 18, 2024 - Dec 26, 2025 | -9.34% Jan 29, 2026 - Apr 14, 2026 |
| #5 | -13.47% Feb 27, 2026 - Mar 20, 2026 | -9.25% Jul 16, 2024 - Aug 23, 2024 |
| #6 | -12.14% Sep 5, 2014 - Feb 12, 2015 | -6.61% Nov 30, 2022 - Jan 31, 2023 |
| #7 | -10.68% Jan 4, 2022 - Mar 25, 2022 | -6.33% Dec 6, 2024 - Jan 23, 2025 |
| #8 | -10.63% May 17, 2021 - Nov 8, 2021 | -5.69% Nov 12, 2025 - Dec 4, 2025 |
| #9 | -9.11% Jan 12, 2021 - Mar 10, 2021 | -5.38% Aug 23, 2024 - Sep 19, 2024 |
| #10 | -7.81% Sep 17, 2020 - Oct 9, 2020 | -5.10% Jun 4, 2026 - Jun 15, 2026 |
| #11 | -7.72% Nov 12, 2021 - Dec 29, 2021 | -5.08% Mar 21, 2024 - May 15, 2024 |
| #12 | -6.81% Apr 9, 2024 - Jul 31, 2024 | -4.44% Jul 10, 2026 - Aug 4, 2026 |
| #13 | -6.69% Dec 31, 2013 - Feb 14, 2014 | -3.75% Oct 28, 2022 - Nov 10, 2022 |
| #14 | -6.65% Oct 12, 2020 - Nov 3, 2020 | -3.42% Oct 8, 2025 - Oct 27, 2025 |
| #15 | -6.57% Jul 31, 2024 - Aug 26, 2024 | -3.03% Oct 18, 2024 - Nov 6, 2024 |
Correlation
Correlation between FMAT and BRNY is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.
0.91
-101
Dividend Comparison (2013 - 2026)
FMAT vs BRNY dividend yield comparison.
| Year | FMAT | BRNY |
|---|---|---|
| 2026 | 0.67% | 0.08% |
| 2025 | 1.64% | 0.30% |
| 2024 | 1.68% | 0.23% |
| 2023 | 1.71% | 0.68% |
| 2022 | 2.00% | 0.22% |
| 2021 | 1.44% | 0.00% |
| 2020 | 1.73% | 0.00% |
| 2019 | 1.89% | 0.00% |
| 2018 | 2.18% | 0.00% |
| 2017 | 1.53% | 0.00% |
| 2016 | 1.78% | 0.00% |
| 2015 | 2.16% | 0.00% |
| 2014 | 1.65% | 0.00% |
| 2013 | 0.39% | 0.00% |
Select Stocks to Compare
Popular: FMAT vs SPYBRNY vs SPY
More Comparisons
Compare with similar stocks