Data as of .
FITE vs TMAT: which is really different?
FITE and TMAT hold 18% of their weight in the same names, and FITE returned more over the year.
ETFIQ Off-Index Score: FITE 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
18% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, FITE and TMAT hold 18% of their money in the same securities at the same weight.
| Holding | FITE | TMAT |
|---|---|---|
| PALO ALTO NETWORKS INC | 1.85% | 2.55% |
| CROWDSTRIKE HOLDINGS INC A | 1.97% | 1.71% |
| FORTINET INC | 1.60% | 1.45% |
| RUBRIK INC A | 1.96% | 1.44% |
| CLOUDFLARE INC CLASS A | 1.97% | 1.40% |
| F5 INC | 1.44% | 1.24% |
| VARONIS SYSTEMS INC | 1.88% | 1.22% |
| BLACKBERRY LTD | 1.16% | 1.03% |
| GEN DIGITAL INC | 1.59% | 0.91% |
| ZSCALER INC | 2.05% | 0.87% |
| KARMAN HOLDINGS INC | 0.99% | 0.72% |
| QUALYS INC | 2.09% | 0.66% |
| Only in FITE | Only in TMAT |
|---|---|
| RAPID7 INC 2.23% | VICOR CORP 2.98% |
| OKTA INC 2.14% | MICRON TECHNOLOGY INC 2.81% |
| SENTINELONE INC CLASS A 2.03% | LUMENTUM HOLDINGS INC 2.75% |
| SAILPOINT INC 1.78% | CIENA CORP 2.61% |
| TENABLE HOLDINGS INC 1.74% | CLEAR SECURE INC 2.48% |
| N ABLE INC 1.70% | KEYSIGHT TECHNOLOGIES INC 2.26% |
| ZIFF DAVIS INC 1.67% | MODINE MANUFACTURING COMPANY 1.94% |
| ONESPAN INC 1.65% | ADVANCED ENERGY INDUSTRIES INC 1.91% |
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 Sep 17, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| FITE | TMAT | FITE | TMAT | FITE | TMAT | |
| 3 months | +2.7% | −5.8% | +0.5 pts | −8.1 pts | +5.2 pts | −3.3 pts |
| 6 months | +25.9% | +21.2% | +7.9 pts | +3.1 pts | +1.7 pts | −3.1 pts |
| 1 year | +30.7% | +3.5% | +14.1 pts | −13.0 pts | +8.9 pts | −18.2 pts |
| 3 years | +130.9% | +105.6% | +52.5 pts | +27.2 pts | +32.8 pts | +7.4 pts |
| Since launch | +285.5% | +16.5% | +59.9 pts | −105.8 pts | −101.9 pts | −120.4 pts |
| FITE State Street(R) SPDR(R) S&P Kensho Future Security ETF Holds 80 stocks in broad innovation and megatrends, 27% 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 | State Street | Main |
| Theme | Broad innovation and megatrends | Broad innovation and megatrends |
| In the S&P 500 | 27.1% | 46.4% |
| Active share vs the S&P 500 | 95.3% | 91.5% |
| In the Nasdaq-100 | 11.2% | 22.9% |
| Holdings | 80 | 88 |
| Top ten, share of the fund | 20.2% | 24.2% |
| Expense ratio | 0.45% | 0.82% |
| Fee for the differing part | 0.47% | 0.90% |
| Total return, 1 year | +30.7% | +3.5% |
| vs the S&P 500 | +14.1 pts | −13.0 pts |
| vs the Nasdaq-100 | +8.9 pts | −18.2 pts |
| Below its high | −8.2% | −9.0% |
| Net assets | $151m | $211m |
FITE in plain words
By weight, 27% of FITE's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 95%. The top ten holdings are 20% of the fund across 80 positions, as published by its issuer for Sep 17, 2026. Over the year to Sep 18, 2026 the fund returned +30.7% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 14.1 pts. It sits 8.2% below its all-time high of Aug 13, 2026.
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 FITE and TMAT hold the same stocks?
- By their latest filings, 18% 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, FITE or TMAT?
- FITE has 27% of its weight in S&P 500 names and TMAT has 46%, so FITE differs more from the index.
- Which is cheaper, FITE or TMAT?
- FITE charges 0.45% a year and TMAT charges 0.82%, so FITE 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, FITE against TMAT, data as of Sep 18, 2026. https://etfiq.com/compare/themes/fite-vs-tmat Free to use with attribution; the underlying files are at Open data.