FMAT vs FLRT

Comparison between FIDELITY MSCI MATERIALS INDEX ETF (FMAT, ETF) and PACER ARISTOTLE PACIFIC FLOATING RATE HIGH INCOME ETF (FLRT, ETF).

5-Year PerformanceFMAT has outperformed FLRT, delivering a return of +6.8% compared to +5.9%

FMAT vs FLRT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FMAT(ETF)	FLRT(ETF)
Net Assets	$616M	$615M
Expense Ratio	0.08%	0.60%
Max Drawdown	43.86%	25.83%
Sharpe Ratio	1.00	1.25
5Y Beta	0.87	0.08
P/E Ratio	30.88	N/A
Forward P/E	17.26	N/A
5Y Dividends CAGR	4.45%	16.80%
5Y EPS CAGR	19.31%	N/A
Debt to Equity	50.45%	N/A
P/S Ratio	2.08	N/A
P/B Ratio	2.99	N/A

Net Assets

Winner

FMAT

$616M

FLRT

$615M

Expense Ratio

Winner

FMAT

0.08%

FLRT

0.60%

Max Drawdown

FMAT

43.86%

Winner

FLRT

25.83%

Sharpe Ratio

FMAT

1.00

Winner

FLRT

1.25

5Y Beta

FMAT

0.87

Winner

FLRT

0.08

P/E Ratio

FMAT

30.88

FLRT

N/A

Forward P/E

FMAT

17.26

FLRT

N/A

5Y Dividends CAGR

FMAT

4.45%

Winner

FLRT

16.80%

5Y EPS CAGR

FMAT

19.31%

FLRT

N/A

Debt to Equity

FMAT

50.45%

FLRT

N/A

P/S Ratio

FMAT

2.08

FLRT

N/A

P/B Ratio

FMAT

2.99

FLRT

N/A

FMAT vs FLRT - Historical Returns

Returns include dividend reinvestment.

Period	FMAT	FLRT
1 month	+4.49%	+0.23%
3 months	+6.40%	+2.63%
6 months	+15.40%	+2.17%
1 year	+23.91%	+5.78%
5 years(CAGR)	+6.77%	+5.94%
10 years(CAGR)	+10.61%	+4.84%
Max(CAGR)	+9.15%	+4.48%

Winner

FMAT

+4.49%

FLRT

+0.23%

Winner

FMAT

+6.40%

FLRT

+2.63%

Winner

FMAT

+15.40%

FLRT

+2.17%

Winner

FMAT

+23.91%

FLRT

+5.78%

5Y(CAGR)

Winner

FMAT

+6.77%

FLRT

+5.94%

10Y(CAGR)

Winner

FMAT

+10.61%

FLRT

+4.84%

Max(CAGR)

Winner

FMAT

+9.15%

FLRT

+4.48%

FMAT vs FLRT - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	FMAT	FLRT
2026	+12.90%	+1.71%
2025	+13.29%	+6.21%
2024	+0.84%	+9.20%
2023	+13.85%	+14.46%
2022	-10.66%	-2.73%
2021	+28.83%	+3.19%
2020	+20.79%	+2.59%
2019	+22.83%	+9.49%
2018	-18.83%	-0.90%
2017	+22.61%	+1.71%
2016	+23.44%	+9.89%
2015	-10.02%	-2.73%
2014	+6.47%	N/A
2013	+5.12%	N/A

FMAT vs FLRT Drawdown Comparison

The maximum drawdown for FMAT was -41.08%, occurring on Mar 23, 2020. Recovery took 654 trading sessions.

The maximum drawdown for FLRT was -20.96%, occurring on Mar 24, 2020. Recovery took 205 trading sessions.

The current FMAT drawdown is -2.54%. The current FLRT drawdown is -0.17%.

Rank	FMAT	FLRT
#1	-41.08% Jan 26, 2018 - Sep 1, 2020	-20.96% Jan 21, 2020 - Nov 10, 2020
#2	-27.23% Feb 24, 2015 - Nov 15, 2016	-7.60% Jan 20, 2022 - Feb 1, 2023
#3	-25.40% Apr 20, 2022 - Feb 29, 2024	-6.60% Jan 19, 2017 - Aug 15, 2018
#4	-23.17% Oct 18, 2024 - Dec 26, 2025	-4.88% Aug 27, 2018 - Mar 5, 2019
#5	-13.47% Feb 27, 2026 - Mar 20, 2026	-4.41% Nov 25, 2016 - Dec 13, 2016
#6	-12.14% Sep 5, 2014 - Feb 12, 2015	-4.18% May 27, 2015 - Apr 25, 2016
#7	-10.68% Jan 4, 2022 - Mar 25, 2022	-3.67% Dec 13, 2016 - Jan 19, 2017
#8	-10.63% May 17, 2021 - Nov 8, 2021	-2.87% Feb 28, 2025 - May 13, 2025
#9	-9.11% Jan 12, 2021 - Mar 10, 2021	-2.39% Aug 15, 2018 - Aug 27, 2018
#10	-7.81% Sep 17, 2020 - Oct 9, 2020	-2.39% Oct 7, 2016 - Nov 11, 2016
#11	-7.72% Nov 12, 2021 - Dec 29, 2021	-2.19% Nov 11, 2016 - Nov 25, 2016
#12	-6.81% Apr 9, 2024 - Jul 31, 2024	-1.78% Jan 16, 2026 - Apr 24, 2026
#13	-6.69% Dec 31, 2013 - Feb 14, 2014	-1.65% Jun 8, 2016 - Jul 14, 2016
#14	-6.65% Oct 12, 2020 - Nov 3, 2020	-1.61% Feb 9, 2023 - Apr 4, 2023
#15	-6.57% Jul 31, 2024 - Aug 26, 2024	-1.59% May 14, 2015 - May 21, 2015

Correlation

Correlation between FMAT and FLRT is 0.94 which considered as a very strong positive correlation - the stocks move almost identically together.

0.94

-101

Dividend Comparison (2013 - 2026)

FMAT vs FLRT dividend yield comparison.

Year	FMAT	FLRT
2026	0.33%	2.35%
2025	1.64%	6.93%
2024	1.68%	7.93%
2023	1.71%	8.40%
2022	2.00%	5.81%
2021	1.44%	3.16%
2020	1.73%	3.52%
2019	1.89%	4.30%
2018	2.18%	3.95%
2017	1.53%	3.20%
2016	1.78%	3.38%
2015	2.16%	3.21%
2014	1.65%	0.00%
2013	0.39%	0.00%