IQ

Data as of Nov 4, 2026.

vsOpen in the appCompare their flowsaskIQ about these two fundsAsk the committee about these two funds
Thematic ETFs

BULD vs TMAT: Holdings Overlap & Returns

Share
Share on XDownload as PDF

Over the year to Nov 4, 2026, BULD returned +23.8% to TMAT's −3.1%; 6% of their weight is in the same names.

askIQ about this page

askIQ about BULD and TMAT

Net assets: $8.6m on Nov 3, 2026 for Pacer BlueStar Engineering the Future ETF, and $237m on Jul 31, 2026 for Main Thematic Innovation ETF.

BULD on its own →TMAT on its own →
At a glance
36.4%
BULD in the S&P 500
50.3%
TMAT in the S&P 500
+23.8%
BULD total return, 1 year
−3.1%
TMAT total return, 1 year
BULD · 1 year to Nov 4, 2026 64% of its weight is outside the S&P 500
64% of its weight is outside the S&P 50036% of BULD's weight is in S&P 500 companies and 64% is outside the index. Holdings as of Jul 31, 2026.36%64%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 97% · top ten 64% of the fund · 60 holdings as filed for Jul 31, 2026 · Nasdaq-100: 37% in64% of its weight is outside the S&P 50036% of BULD's weight is in S&P 500 companies and 64% is outside the index. Holdings as of Jul 31, 2026.36%64%inoutside the S&P 500active share 97% · Nasdaq-100: 37% in

36% of BULD's weight is in S&P 500 companies and 64% is outside the index. Holdings as of Jul 31, 2026.

TMAT · 1 year to Nov 4, 2026 50% of its weight is outside the S&P 500
50% of its weight is outside the S&P 50050% of TMAT's weight is in S&P 500 companies and 50% is outside the index. Holdings as of Jul 31, 2026.50%50%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 92% · top ten 27% of the fund · 87 holdings as filed for Jul 31, 2026 · Nasdaq-100: 29% in50% of its weight is outside the S&P 50050% of TMAT's weight is in S&P 500 companies and 50% is outside the index. Holdings as of Jul 31, 2026.50%50%in the S&P 500outside the S&P 500active share 92% · Nasdaq-100: 29% in

50% of TMAT's weight is in S&P 500 companies and 50% is outside the index. Holdings as of Jul 31, 2026.

Pair scorecard

BULD costs 0.30 points a year less; their one-year returns differ by 26.9 points.

Points (pts) are percentage points.

BULD vs TMAT: Holdings Overlap & Returns
MeasureBULDTMAT
Return
Total return, 1 year+23.8%−3.1%
Drawdown
Below its all-time high14.4%, high on Jun 30, 202615.9%, high on Jun 30, 2026
Against its benchmark
What it tracksBroad innovation and megatrendsBroad innovation and megatrends
Its benchmark, total return, 1 year+15.0%
Against its benchmark, 1 yearbehind by 18.1 pts
Cost and size
Expense ratio0.49%0.79%
Net assets, BULD as of Nov 3, 2026 and TMAT as of Jul 31, 2026$8.6m$237m
Holdings
Holdings in common6%

Method

What they share

6%

By the books each fund has filed, BULD and TMAT hold 6% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026.

0 half 100%

half

6% in common

Positions both hold · largest shared weight first BULD TMAT
Bentley Systems Inc 2.58% 1.88%
Autodesk Inc 8.62% 1.61%
Teradyne Inc 1.23% 1.59%
Rockwell Automation Inc 1.22% 1.21%
Onto Innovation Inc 0.38% 1.11%
Kadant Inc 0.19% 0.89%
Only in one fund ↓
Only in BULD
Proto Labs Inc 8.28%
Applied Materials Inc 7.99%
ASML Holding NV 7.66%
Dassault Systemes SE 7.08%
Lam Research Corp 7.08%
Nano Dimension Ltd 4.52%
PTC Inc 4.47%
Stratasys Ltd 4.23%
Only in TMAT
PALO ALTO NETWORKS INC 4.46%
MICRON TECHNOLOGY INC 4.23%
CROWDSTRIKE HOLDINGS INC 2.77%
FORTINET INC 2.63%
CLEAR SECURE INC 2.43%
VICOR CORP 2.18%
HINGE HEALTH INC 2.09%
LUMENTUM HOLDINGS INC 2.06%
Check overlap with more funds →

Window by window

Window by window: BULD vs TMAT: Holdings Overlap & Returns
Total returnvs its benchmark
WindowBULDTMATBULDTMAT
3 months−9.7%−9.4%not measured−8.1 pts vs ACWI
6 months+0.8%−4.9%not measured−7.5 pts vs ACWI
1 year+23.8%−3.1%not measured−18.1 pts vs ACWI
3 years+76.7%+92.3%not measured+14.7 pts vs ACWI
Since launchNot the same days: BULD May 2022 · TMAT Jan 2021+67.9%+7.5%not measured−85.1 pts vs ACWI

Open this comparison in the app →

Side by side

BULD Pacer BlueStar Engineering the Future ETF · Holds 60 stocks in broad innovation and megatrends, 36% of its weight in S&P 500 companies TMAT Main Thematic Innovation ETF · Holds 87 stocks in broad innovation and megatrends, 50% of its weight in S&P 500 companies
Issuer Pacer Main
Theme Broad innovation and megatrends Broad innovation and megatrends
In the S&P 500 36.4% 50.3%
Active share vs the S&P 500 97.3% 91.6%
In the Nasdaq-100 36.5% 29.4%
Holdings 60 87
Top ten, share of the fund 64.1% 26.9%
Expense ratio 0.49% 0.79%
Fee for the differing part 0.50% 0.86%
Total return, 1 year +23.8% −3.1%
vs its benchmark not measured −18.1 pts vs ACWI
Below its high −14.4% −15.9%
Net assets, BULD as of Nov 3, 2026 and TMAT as of Jul 31, 2026 $8.6m $237m

As of Nov 4, 2026. Source: ETFIQ.

6% of the two portfolios are the same securities at the same weight.

Alert

BULD flows, by email on Sundays.

One-click unsubscribe. See Privacy.

About each fund
BULD

By weight, 36% of BULD's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 97%. The top ten holdings are 64% of the fund across 60 positions, as filed for Jul 31, 2026. Over the year to Nov 4, 2026 the fund returned +23.8% with distributions reinvested. It sits 14.4% below its all-time high of Jun 30, 2026.

TMAT

By weight, 50% of TMAT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 92%. The top ten holdings are 27% of the fund across 87 positions, as filed for Jul 31, 2026. Over the year to Nov 4, 2026 the fund returned −3.1% with distributions reinvested against +15.0% for its benchmark, the MSCI ACWI Index Net, so a holder was behind by 18.1 pts. It sits 15.9% below its all-time high of Jun 30, 2026.

Questions people ask

Do BULD and TMAT hold the same stocks?
By their latest filings, 6% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, BULD or TMAT?
BULD has 36% of its weight in S&P 500 names and TMAT has 50%, so BULD differs more from the index.
Which is cheaper, BULD or TMAT?
BULD charges 0.49% a year and TMAT charges 0.79%, so BULD is cheaper. Fees come from each fund's prospectus.
Other comparisons
BULD vs GTEKBULD vs FRWDBULD vs FDTXBULD vs ILDRTMAT vs GXDWTMAT vs BUYZTMAT vs DTRETMAT vs TNXT
Where to next
All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →BULD on its own →TMAT on its own →BULD dividend history →BULD holdings →TMAT dividend history →TMAT holdings →Method →Standards and sources →
Sources and dates
BULD filings on SEC EDGAR ↗
BULD prospectus with the expense ratio (SEC) ↗
Pacer website ↗
TMAT filings on SEC EDGAR ↗
TMAT prospectus with the expense ratio (SEC) ↗
Main website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, BULD against TMAT, data as of Nov 4, 2026. https://etfiq.com/compare/themes/buld-vs-tmat

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.