FMAT vs IJT: Holdings Overlap
FMATFidelity MSCI Materials Index ETF
Fidelity · 103 holdings · $579M · as of 2026-04-30
IJTiShares S&P Small-Cap 600 Growth ETF
iShares · 341 holdings · $8.5B · as of 2026-03-31
Holdings snapshots are 30 days apart (FMAT: 2026-04-30, IJT: 2026-03-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are FMAT and IJT?
Fidelity MSCI Materials Index ETF (FMAT, by Fidelity) holds 103 positions; iShares S&P Small-Cap 600 Growth ETF (IJT, by iShares) holds 341. They have 8 holdings in common, and by portfolio weight the two funds are 2.2% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 8FMAT holds 103 · IJT holds 341
- Weight in Shared Holdings
- FMAT 2%·IJT 3%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in FMAT
95 of 103 positions (97.4% of the fund) are not held by IJT. Showing the top 30 by weight.
Sector Breakdown
| Sector | FMAT | IJT |
|---|---|---|
| Materials | 99.5% | 2.4% |
| Industrials | 0.0% | 22.0% |
| Information Technology | 0.0% | 15.7% |
| Health Care | 0.0% | 15.2% |
| Financials | 0.0% | 14.3% |
| Other Sectors | 0.3% | 28.7% |
| Unclassified | 0.0% | 1.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (0% of FMAT, 1% of IJT).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FMAT | +3.2% | +14.7% | +20.8% | +10.3% | +6.9% | +10.0% | 1.38% |
| IJT | +1.2% | +25.8% | +33.4% | +15.2% | +6.7% | +11.1% | 0.68% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in FMAT vs IJT →
Shared Holdings(8)
The top 8 shared positions account for 100% of the overlap, led by ESI, BCPC and HCC.
 ESIElement Solutions, Inc. | 0.63% | 0.52% | 0.52% |
|---|---|---|---|
 BCPCBalchem Corp. | 0.34% | 0.43% | 0.34% |
 HCCWarrior Met Coal, Inc. | 0.30% | 0.28% | 0.28% |
 SXTSensient Technologies Corp. | 0.26% | 0.49% | 0.26% |
 MTRNMaterion Corp. | 0.24% | 0.22% | 0.22% |
 CENXCentury Aluminum Co. | 0.21% | 0.25% | 0.21% |
 HWKNHawkins, Inc. | 0.21% | 0.28% | 0.21% |
 NGVTIngevity Corp. | 0.18% | 0.19% | 0.18% |
Frequently Asked Questions
How much do FMAT and IJT overlap?
FMAT and IJT overlap by 2.2% of portfolio weight. They share 8 holdings (FMAT holds 103 positions and IJT holds 341), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FMAT and IJT?
The two portfolios are 2.2% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of FMAT and IJT?
The largest positions held by both funds are ESI, BCPC, HCC, SXT and MTRN. Together the top 8 shared positions account for 100% of the total overlap.
What does FMAT own that IJT doesn't?
95 positions (97.4% of FMAT) are unique to FMAT, led by LIN, NEM and FCX. In the other direction, 333 positions (96.7% of IJT) are unique to IJT.