Data as of .
FDTX vs TMAT: which is really different?
FDTX and TMAT hold 12% of their weight in the same names, and FDTX returned more over the year.
ETFIQ Off-Index Score: TMAT scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
12% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, FDTX and TMAT hold 12% of their money in the same securities at the same weight.
| Holding | FDTX | TMAT |
|---|---|---|
| MICRON TECHNOLOGY INC | 9.40% | 2.81% |
| PALO ALTO NETWORKS INC | 3.68% | 2.55% |
| CLOUDFLARE INC | 2.06% | 1.40% |
| SEAGATE TECHNOLOGY HOLDINGS PLC | 4.06% | 1.28% |
| CROWDSTRIKE HOLDINGS INC | 1.24% | 1.71% |
| WESTERN DIGITAL CORP | 4.01% | 1.15% |
| MARVELL TECHNOLOGY INC | 8.09% | 1.06% |
| TAIWAN SEMICONDUCTOR MFG CO LTD | 6.02% | 1.05% |
| Only in FDTX | Only in TMAT |
|---|---|
| NVIDIA CORP 4.64% | VICOR CORP 2.98% |
| MEDIATEK INC 4.62% | LUMENTUM HOLDINGS INC 2.75% |
| AMAZON.COM INC 4.02% | CIENA CORP 2.61% |
| MICROSOFT CORP 3.80% | CLEAR SECURE INC 2.48% |
| COHERENT CORP 3.76% | KEYSIGHT TECHNOLOGIES INC 2.26% |
| ALPHABET INC 3.67% | MODINE MANUFACTURING COMPANY 1.94% |
| SHOPIFY INC 2.90% | ADVANCED ENERGY INDUSTRIES INC 1.91% |
| PALANTIR TECHNOLOGIES INC 2.88% | AAON INC 1.89% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and May 31, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| FDTX | TMAT | FDTX | TMAT | FDTX | TMAT | |
| 3 months | −3.8% | −5.8% | −6.1 pts | −8.1 pts | −1.4 pts | −3.3 pts |
| 6 months | +48.4% | +21.2% | +30.4 pts | +3.1 pts | +24.2 pts | −3.1 pts |
| 1 year | +37.2% | +3.5% | +20.7 pts | −13.0 pts | +15.5 pts | −18.2 pts |
| 3 years | +129.7% | +105.6% | +51.3 pts | +27.2 pts | +31.5 pts | +7.4 pts |
| Since launch | +118.3% | +16.5% | +35.0 pts | −105.8 pts | +14.5 pts | −120.4 pts |
| FDTX Fidelity Disruptive Technology ETF Holds 39 stocks in broad innovation and megatrends, 71% of its weight in S&P 500 companies | TMAT Main Thematic Innovation ETF Holds 88 stocks in broad innovation and megatrends, 46% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Fidelity | Main |
| Theme | Broad innovation and megatrends | Broad innovation and megatrends |
| In the S&P 500 | 71.1% | 46.4% |
| Active share vs the S&P 500 | 75.4% | 91.5% |
| In the Nasdaq-100 | 65.8% | 22.9% |
| Holdings | 39 | 88 |
| Top ten, share of the fund | 52.4% | 24.2% |
| Expense ratio | 0.50% | 0.82% |
| Fee for the differing part | 0.66% | 0.90% |
| Total return, 1 year | +37.2% | +3.5% |
| vs the S&P 500 | +20.7 pts | −13.0 pts |
| vs the Nasdaq-100 | +15.5 pts | −18.2 pts |
| Below its high | −4.5% | −9.0% |
| Net assets | $288m | $211m |
FDTX in plain words
By weight, 71% of FDTX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 75%. The top ten holdings are 52% of the fund across 39 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned +37.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 20.7 pts.
TMAT in plain words
By weight, 46% 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 24% of the fund across 88 positions, as filed for Apr 30, 2026. Over the year to Sep 18, 2026 the fund returned +3.5% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 13.0 pts. It sits 9.0% below its all-time high of Jun 30, 2026.
Questions people ask
- Do FDTX and TMAT hold the same stocks?
- By their latest filings, 12% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, FDTX or TMAT?
- FDTX has 71% of its weight in S&P 500 names and TMAT has 46%, so TMAT differs more from the index.
- Which is cheaper, FDTX or TMAT?
- FDTX charges 0.50% a year and TMAT charges 0.82%, so FDTX is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, FDTX against TMAT, data as of Sep 18, 2026. https://etfiq.com/compare/themes/fdtx-vs-tmat Free to use with attribution; the underlying files are at Open data.