Tuesday, November 8, 2022

Using Exchange-traded Funds for Chemical Industry Performance Benchmarks

Exchange-traded Funds (ETFs), such as Fidelity’s MSCI Materials Index ETF (FMAT), can provide performance data for the group of companies in the fund.  Such data might be useful for individual companies benchmarking their data to.  Data such as the average price to earnings, earnings growth, sales growth, cash flow growth, and dividend yields for the companies in the index can be provided by the ETFs.   Individual companies might use this data to benchmark their performance to.

Also, ETF’s price charts, provided by the ETFs, can be useful in comparing how investors viewed the value of the funds’ holdings over time.  Usually, the fund’s price-over-time can be compared directly to other indexes over time, such as the Standard & Poor’s 500 Index.  This comparison can show how the chemical industry, represented by the ETF, is doing against wider, broader indexes of economic performance.

The FMAT has approximately 120 companies in its index, most of which are chemical companies, or companies very relevant to the chemical industry.   Here is a list of companies in the FMAT index:

 

AdvanSix Inc

Corteva

Linde

RPM International

Air Products & Chemicals

Crown Holdings

Livent

Ryerson Holding

Albemarle

Diversey Holdings

Louisiana-Pacific

Schnitzer Steel Industries

Alcoa

Dow

LSB Industries

Sealed Air

Alpha Metallurgical Resources

DuPont de Nemours

LyondellBasell

Sensient Technologies

Amcor

Eagle Materials

Martin Marietta Materials

Sherwin-Williams

American Vanguard

Eastman Chemical

Materion

Silgan Holdings

Amyris

Ecolab

Mativ Holdings

Sonoco Products

AptarGroup

Ecovyst

McEwen Mining

Ss Inst Treas Plus Fund

Arconic

Element Solutions

Mercer International

Steel Dynamics

Ashland

FMC

Minerals Technologies

Stepan

Aspen Aerogels

Freeport-McMoRan

MP Materials

Summit Materials

ATI

FutureFuel

Myers Industries

SunCoke Energy

Avery Dennison

Ginkgo Bioworks

NewMarket

Sylvamo Corp

Avient

Glatfelter

Newmont

The Chemours Company

Axalta Coating Systems

Graphic Packaging

Nucor

The Mosaic Company

Balchem

Greif Inc Class A

O-I Glass

The Scotts Miracle Grow Co

Ball

Greif Inc Class B

Olin

TimkenSteel

Berry Global Group

H.B. Fuller

Origin Materials

Tredegar

Cabot

Hawkins

Orion Engineered Carbons

TriMas

Carpenter Technology

Hecla Mining

Packaging Corp of America

Trinseo

Celanese

Huntsman

Pactiv Evergreen

Tronox Holdings

Century Aluminum

Ingevity

Perimeter Soln Sa

United States Lime & Minerals

CF Industries

Innospec

Piedmont Lithium

United States Steel

Chase

International Flavors & Fragrances

PPG Industries

Valvoline

Clearwater Paper

International Paper

PureCycle Technologies

Vulcan Materials

Cleveland-Cliffs

Intrepid Potash

Quaker Houghton

Warrior Met Coal

Coeur Mining

Kaiser Aluminum

Ramaco Resources

Westlake

Commercial Metals

Koppers Holdings

Reliance Steel & Aluminum

WestRock

Compass Minerals

Kronos Worldwide

Royal Gold

Worthington Industries

 


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