FMAT vs ITOT: holdings overlap, shared companies and scores
As of October 9, 2026, FMAT and ITOT overlap 1.9% by weight. Fidelity MSCI Materials Index ETF (FMAT): U.S. materials stocks. iShares Core S&P Total U.S. Stock Market ETF (ITOT): U.S. total market equities.
Updated October 9, 2026
Where FMAT and ITOT trade against their own history
FMAT trades at 21.1 times earnings, against its own median of 19.8, and is more expensive than 57% of its own last 9 years.
ITOT trades at 24.2 times earnings, against its own median of 22.3, and is more expensive than 63% of its own last 9 years.
What moved FMAT and ITOT this week
FMAT rose 0.8% in the week to October 9, 2026. The holdings that moved it most were Newmont (+2.0%), Freeport-McMoRan (+2.3%) and Nucor (+4.1%); Mosaic (−11.1%) pushed the other way.
ITOT rose 1.0% in the week to October 9, 2026. The holdings that moved it most were Microsoft (+3.4%), Amazon.com (+4.3%) and Alphabet (+2.4%); Nvidia (−2.0%) pushed the other way.
What do FMAT and ITOT each hold?
What's inside FMAT: Tech 0%.
57% of FMAT is its ten largest holdings.
What's inside ITOT: Tech 43%, Magnificent 7 31%.
35% of ITOT is its ten largest holdings.
How much do FMAT and ITOT overlap? 1.9% by weight
As of October 9, 2026, FMAT and ITOT overlap 1.9% by weight.
98% of FMAT is already inside ITOT.
2% of ITOT is already inside FMAT.
FMAT holds 105 companies and ITOT holds 2,425; 97 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score FMAT and ITOT? 4.4 and 6.6 out of 10
As of October 9, 2026, ETF Copilot scores FMAT 4.4 out of 10 and ITOT 6.6 out of 10.
They differ most on Return: FMAT 3.1 and ITOT 7.7.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | FMAT | ITOT |
|---|---|---|
| Growth | 5.7 | 7.2 |
| Value | 5.0 | 3.0 |
| Risk | 4.6 | 6.3 |
| Quality | 3.6 | 7.7 |
| Return | 3.1 | 7.7 |
ITOT is the cheaper of the two at 0.03% a year
As of October 9, 2026, FMAT charges 0.08% a year, yields 1.44% and holds $574M in assets across 105 positions.
As of October 9, 2026, ITOT charges 0.03% a year, yields 0.99% and holds $97.8B in assets across 2425 positions.
| Measure | FMAT | ITOT |
|---|---|---|
| Expense ratio | 0.08% | 0.03% |
| Dividend yield | 1.44% | 0.99% |
| Assets under management | $574M | $97.8B |
| Holdings | 105 | 2425 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Compare with similar funds
Cite this
ETF Copilot, “FMAT vs ITOT holdings overlap and scores”, as of October 9, 2026.
https://etf-copilot.com/compare/fmat-vs-itot
ETF Copilot Pro unlocks FMAT vs ITOT prices and holdings.
Try Pro free →