FMAT vs QSPT

Comparison between FIDELITY MSCI MATERIALS INDEX ETF (FMAT, ETF) and FT VEST NASDAQ-100 BUFFER ETF - SEPTEMBER (QSPT, ETF).

5-Year PerformanceQSPT has outperformed FMAT, delivering a return of +12.1% compared to +6.5%

FMAT vs QSPT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FMAT(ETF)	QSPT(ETF)
Net Assets	$624M	$625M
Expense Ratio	0.08%	0.90%
Max Drawdown	43.86%	22.64%
Sharpe Ratio	0.55	1.17
5Y Beta	0.87	0.72
P/E Ratio	31.66	N/A
Forward P/E	17.30	N/A
5Y Dividends CAGR	4.94%	N/A
5Y EPS CAGR	17.94%	N/A
Debt to Equity	51.31%	N/A
P/S Ratio	2.03	N/A
P/B Ratio	2.97	N/A

Net Assets

FMAT

$624M

Winner

QSPT

$625M

Expense Ratio

Winner

FMAT

0.08%

QSPT

0.90%

Max Drawdown

FMAT

43.86%

Winner

QSPT

22.64%

Sharpe Ratio

FMAT

0.55

Winner

QSPT

1.17

5Y Beta

FMAT

0.87

Winner

QSPT

0.72

P/E Ratio

FMAT

31.66

QSPT

N/A

Forward P/E

FMAT

17.30

QSPT

N/A

5Y Dividends CAGR

FMAT

4.94%

QSPT

N/A

5Y EPS CAGR

FMAT

17.94%

QSPT

N/A

Debt to Equity

FMAT

51.31%

QSPT

N/A

P/S Ratio

FMAT

2.03

QSPT

N/A

P/B Ratio

FMAT

2.97

QSPT

N/A

FMAT vs QSPT - Historical Returns

Returns include dividend reinvestment.

Period	FMAT	QSPT
1 month	-4.48%	+0.07%
3 months	-4.56%	+5.61%
6 months	-1.52%	+9.20%
1 year	+12.49%	+15.79%
5 years(CAGR)	+6.50%	+12.09%
10 years(CAGR)	+9.50%	N/A
Max(CAGR)	+8.56%	+12.09%

FMAT

-4.48%

Winner

QSPT

+0.07%

FMAT

-4.56%

Winner

QSPT

+5.61%

FMAT

-1.52%

Winner

QSPT

+9.20%

FMAT

+12.49%

Winner

QSPT

+15.79%

5Y(CAGR)

FMAT

+6.50%

Winner

QSPT

+12.09%

10Y(CAGR)

FMAT

+9.50%

QSPT

N/A

Max(CAGR)

FMAT

+8.56%

Winner

QSPT

+12.09%

FMAT vs QSPT - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	FMAT	QSPT
2026	+6.36%	+9.82%
2025	+13.29%	+14.68%
2024	+0.84%	+17.55%
2023	+13.85%	+43.15%
2022	-10.66%	-20.72%
2021	+28.83%	+4.49%
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 QSPT Drawdown Comparison

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

The maximum drawdown for QSPT was -22.64%, occurring on Oct 14, 2022. Recovery took 368 trading sessions.

The current FMAT drawdown is -8.19%. The current QSPT drawdown is -0.47%.

Rank	FMAT	QSPT
#1	-41.08% Jan 26, 2018 - Sep 1, 2020	-22.64% Dec 27, 2021 - Jun 14, 2023
#2	-27.23% Feb 24, 2015 - Nov 15, 2016	-15.38% Feb 19, 2025 - Jun 3, 2025
#3	-25.40% Apr 20, 2022 - Feb 29, 2024	-7.23% Jan 28, 2026 - Apr 14, 2026
#4	-23.17% Oct 18, 2024 - Dec 26, 2025	-4.76% Oct 11, 2023 - Nov 3, 2023
#5	-13.47% Feb 27, 2026 - Mar 20, 2026	-4.42% Jul 10, 2024 - Aug 15, 2024
#6	-12.14% Sep 5, 2014 - Feb 12, 2015	-4.42% Oct 29, 2025 - Jan 6, 2026
#7	-10.68% Jan 4, 2022 - Mar 25, 2022	-3.46% Sep 24, 2021 - Oct 18, 2021
#8	-10.63% May 17, 2021 - Nov 8, 2021	-3.39% Apr 11, 2024 - May 6, 2024
#9	-9.11% Jan 12, 2021 - Mar 10, 2021	-3.31% Nov 19, 2021 - Dec 27, 2021
#10	-7.81% Sep 17, 2020 - Oct 9, 2020	-3.05% Sep 15, 2023 - Oct 11, 2023
#11	-7.72% Nov 12, 2021 - Dec 29, 2021	-2.38% Dec 16, 2024 - Jan 22, 2025
#12	-6.81% Apr 9, 2024 - Jul 31, 2024	-2.32% Jun 4, 2026 - Jun 15, 2026
#13	-6.69% Dec 31, 2013 - Feb 14, 2014	-2.17% Oct 8, 2025 - Oct 20, 2025
#14	-6.65% Oct 12, 2020 - Nov 3, 2020	-2.08% Dec 28, 2023 - Jan 11, 2024
#15	-6.57% Jul 31, 2024 - Aug 26, 2024	-2.07% Jul 18, 2023 - Aug 29, 2023