An AI Selloff Could Be The Best Thing To Happen To Copper Stocks

The AI infrastructure selloff has hit AI-linked industrials, including copper producers, potentially setting up a buying opportunity for investors with a longer-term outlook. While modelling by Goldman Sachs estimates that AI expectations are the biggest driver of today's copper prices, S&P Global projects AI and data centers will only account for about 10%. Under S&P Global's model, eliminating the entire data-center sector, including conventional cloud and internet services, would still leave a 7.5 million-tonne annual copper supply gap by 2040, versus its baseline.

Seeking Alpha • Oct 16, 2026

Should You Invest in the Fidelity MSCI Materials Index ETF (FMAT)?

The Fidelity MSCI Materials Index ETF (FMAT) was launched on October 21, 2013, and is a passively managed exchange traded fund designed to offer broad exposure to the Materials - Broad segment of the equity market.

Zacks Investment Research • Oct 15, 2026

Living In a Materials ETF World: Broad & Targeted Exposure

Materials are often viewed as a sleepy, cyclical corner of the market, but the artificial intelligence (AI) buildout is adding vim and vigor to the sector.

ETF Trends • Jul 24, 2026

FMAT: Materials Dashboard For April

The materials sector is currently the most overpriced GICS sector, but the construction materials and packaging sub-sectors are moderately overvalued versus 11-year averages. Mining/metals show the worst value score, partly offset by solid quality metrics; chemicals lag in both value and quality. FMAT offers broad, cap-weighted exposure to U.S. materials, closely matching XLB's long-term performance but with a broader portfolio.

Seeking Alpha • Apr 15, 2026

Global PMI: Tracking The Sectors Hit Hardest By The Middle East War

Survey data underscored how the war in the Middle East has already had a material impact on economic growth around the world. Drilling down deeper, the data showed weaker growth trends were recorded across all major industries globally.

Seeking Alpha • Apr 12, 2026

Will Materials Stocks Repeat Their Strong 2025 in 2026?

Can materials stocks build on their strong momentum this year, following some positive signs in 2025? The wide universe of materials stocks offers exposure to areas ranging from gold to the A.I.

ETF Trends • Mar 20, 2026

FMAT: Materials Dashboard For January

Materials sector appears most overpriced among GICS sectors, with construction materials moderately overvalued and chemicals least compelling on value and quality metrics. Fidelity MSCI Materials Index ETF offers broad, capital-weighted exposure, closely mirroring XLB in valuation and long-term risk-adjusted performance. Six materials stocks cheaper than their peers starting in 2026.

Seeking Alpha • Jan 14, 2026

What's in Store for Materials ETFs in Q3 Earnings?

Going into the Q3 earnings season, releases from the sector giants will determine the movement of the material ETFs.

Zacks Investment Research • Oct 28, 2024

FMAT: Materials Stocks Offer Limited Upside

Fidelity MSCI Materials Index ETF tracks the MSCI USA IMI Materials 25/50 Index, with an expense ratio of 0.08% and $524.05 million in assets. FMAT's portfolio is concentrated in the U.S. Materials sector, with significant exposure to Linde PLC, a leader in industrial gases and clean energy innovation. The fund's forward P/E ratio of 18x is possibly fair, but FMAT's current valuation suggests limited upside without above-consensus earnings growth rates.

Seeking Alpha • Sep 16, 2024

What's in Store for Materials ETFs in Q2 Earnings?

Going into the Q2 earnings season, earnings releases from the sector giants will determine the movement of these funds.

Zacks Investment Research • Jul 23, 2024