Basic Materials ETF (NYSEArca: IYM), Vanguard Materials ETF (NYSEArca: VAW), and Fidelity MSCI Materials Index ETF (NYSEArca: FMAT). As inflation rears its ugly head, investors could look to energy and materials exchange traded funds that benefit from higher commodity prices. “As people start to travel again, that directly impacts the demand for oil and gas,” Jennifer Foster, co-chief investment officer for equities at Chilton Trust, told the WSJ.