Do FITE and TMAT hold the same stocks?

By their latest filings, 17% 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, FITE or TMAT?

FITE has 27% of its weight in S&P 500 names and TMAT has 50%, so FITE differs more from the index.

Which is cheaper, FITE or TMAT?

FITE charges 0.45% a year and TMAT charges 0.79%, so FITE is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

FITE vs TMAT: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, FITE returned +24.3% to TMAT's −3.1%; 17% of their weight is in the same names.

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Net assets: $153m on Nov 3, 2026 for State Street SPDR S&P Kensho Future Security ETF, and $237m on Jul 31, 2026 for Main Thematic Innovation ETF.

FITE on its own →TMAT on its own →

At a glance

26.9%

FITE in the S&P 500

50.3%

TMAT in the S&P 500

+24.3%

FITE total return, 1 year

−3.1%

TMAT total return, 1 year

FITE · 1 year to Nov 4, 2026 73% of its weight is outside the S&P 500

27% of FITE's weight is in S&P 500 companies and 73% is outside the index. Holdings as of Nov 3, 2026.

TMAT · 1 year to Nov 4, 2026 50% of its weight is outside the S&P 500

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

FITE costs 0.34 points a year less; their one-year returns differ by 27.4 points.

Points (pts) are percentage points.

FITE vs TMAT: Holdings Overlap & Returns
Measure	FITE	TMAT
Return
Measure	FITE	TMAT
Total return, 1 year	+24.3%	−3.1%
Drawdown
Measure	FITE	TMAT
Below its all-time high	10.5%, high on Aug 13, 2026	15.9%, high on Jun 30, 2026
Against its benchmark
Measure	FITE	TMAT
What it tracks	Broad innovation and megatrends	Broad innovation and megatrends
Against the S&P 500, 1 year	ahead by 9.5 pts
Its benchmark, total return, 1 year	+14.8%	+15.0%
Against its benchmark, 1 year	ahead by 9.5 pts	behind by 18.1 pts
Cost and size
Measure	FITE	TMAT
Expense ratio	0.45%	0.79%
Net assets, FITE as of Nov 3, 2026 and TMAT as of Jul 31, 2026	$153m	$237m
Holdings
Measure	FITE	TMAT
Holdings in common	17%

Method

Risk and return

Feb 5, 2021 to Oct 30, 2026 · 299 weekly returns

FITE TMAT

Return

Total return edge FITE +130.1% +2.3%

Annualized edge FITE +15.6% +0.4%

Price return edge FITE +126.2% +1.8%

Risk

Volatility edge FITE 22.0% 28.5%

Max drawdown edge FITE −26.8% −58.5%

Downside capture 104.6% 137.1%

Beta 1.09 1.58

Risk-adjusted

Sharpe edge FITE 0.61 0.04

Sortino edge FITE 0.93 0.05

Treynor 0.140 0.006

Calmar edge FITE 0.58 0.01

Against the benchmark

Alpha +2.2% a year −11.7% a year

Alpha t-stat 0.51 −1.72

Information ratio 0.25 −0.38

Tracking error 13.1% 18.4%

Each against its own benchmark: FITE against VOO, Jan 5, 2018 to Oct 30, 2026; TMAT against ACWI, Feb 5, 2021 to Oct 30, 2026.

Reading

From Feb 2021 to Oct 2026, FITE returned more: +130.1% to +2.3%. FITE swung less: 22.0% to 28.5%. FITE fell less at its worst: −26.8% to −58.5%.

Full scorecard

19 measures, with how each is measured Open ↓

Risk and return: FITE vs TMAT: Holdings Overlap & Returns
Measure	FITE	TMAT	Edge	How it is measured
Return
Total return	+130.1%	+2.3%	FITE	Price change plus distributions, reinvested.
Annualized	+15.6%	+0.4%	FITE	Total return as a yearly rate.
Price return	+126.2%	+1.8%	FITE	Price change alone, distributions left out.
Risk
Volatility	22.0%	28.5%	FITE	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	14.4%	20.2%	FITE	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−26.8%	−58.5%	FITE	Deepest fall from a high to the low after it.
Upside capture	116.0%	171.0%		Share of its benchmark's rise caught in the weeks it rose.
Downside capture	104.6%	137.1%		Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta	1.09	1.58	Not an edge	How far it moves for each 1% its benchmark moves.
R squared	0.69	0.68	Not an edge	Share of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe	0.61	0.04	FITE	Return above Treasury bills per unit of volatility.
Sortino	0.93	0.05	FITE	Return above Treasury bills per unit of downside deviation.
Treynor	0.140	0.006		Return above Treasury bills per unit of beta.
Calmar	0.58	0.01	FITE	Annualized return divided by the max drawdown.
Against the benchmark
Benchmark	VOO	ACWI		The ETF each fund is measured against.
Alpha	+2.2% a year	−11.7% a year	Not significant	Yearly return beyond what its beta to the benchmark predicts.
Alpha t-stat	0.51	−1.72	Not an edge	How sure the alpha is. Below 2, it could be chance.
Alpha range	−6.4% to +10.9%	−25.1% to +1.7%	Includes zero	The 95% range for the yearly alpha.
Information ratio	0.25	−0.38		Return against its benchmark per unit of tracking error.
Tracking error	13.1%	18.4%	Not an edge	How far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 299 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

17%

By the books each fund has filed, FITE and TMAT hold 17% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 3, 2026.

50%

0 half 100%

half

17% in common

Positions both hold · largest shared weight first FITE TMAT

CROWDSTRIKE HOLDINGS INC A 1.99% 2.77%

RUBRIK INC A 2.15% 1.86%

VARONIS SYSTEMS INC 1.97% 1.76%

PALO ALTO NETWORKS INC 1.75% 4.46%

CLOUDFLARE INC CLASS A 1.64% 1.81%

GEN DIGITAL INC 1.59% 1.23%

BLACKBERRY LTD 1.22% 1.53%

FORTINET INC 1.21% 2.63%

F5 INC 1.11% 1.46%

ELBIT SYSTEMS LTD 1.22% 0.58%

MOOG INC CLASS A 1.25% 0.56%

ZSCALER INC 2.37% 0.52%

Only in one fund ↓

Only in FITE

RAPID7 INC 2.71%

QUALYS INC 2.52%

TENABLE HOLDINGS INC 2.32%

ONESPAN INC 2.29%

OKTA INC 2.17%

N ABLE INC 2.17%

SENTINELONE INC CLASS A 2.06%

SAILPOINT INC 1.71%

Only in TMAT

MICRON TECHNOLOGY INC 4.23%

CLEAR SECURE INC 2.43%

VICOR CORP 2.18%

HINGE HEALTH INC 2.09%

LUMENTUM HOLDINGS INC 2.06%

ADVANCED MICRO DEVICES INC 2.06%

KEYSIGHT TECHNOLOGIES INC 1.95%

BENTLEY SYSTEMS INC 1.88%

Check overlap with more funds →

Window by window

Window by window: FITE vs TMAT: Holdings Overlap & Returns
	Total return		vs its benchmark
Window	FITE	TMAT	FITE	TMAT
3 months	−6.0%	−9.4%	−5.9 pts vs VOO	−8.1 pts vs ACWI
6 months	+9.6%	−4.9%	+4.6 pts vs VOO	−7.5 pts vs ACWI
1 year	+24.3%	−3.1%	+9.5 pts vs VOO	−18.1 pts vs ACWI
3 years	+126.6%	+92.3%	+43.3 pts vs VOO	+14.7 pts vs ACWI
Since launchNot the same days: FITE Dec 2017 · TMAT Jan 2021	+275.8%	+7.5%	+46.7 pts vs VOO	−85.1 pts vs ACWI

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Side by side

FITE State Street SPDR S&P Kensho Future Security ETF · Holds 78 stocks in broad innovation and megatrends, 27% 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 State Street Main

Theme Broad innovation and megatrends Broad innovation and megatrends

In the S&P 500 26.9% 50.3%

Active share vs the S&P 500 95.3% 91.6%

In the Nasdaq-100 9.2% 29.4%

Holdings 78 87

Top ten, share of the fund 22.7% 26.9%

Expense ratio 0.45% 0.79%

Fee for the differing part 0.47% 0.86%

Total return, 1 year +24.3% −3.1%

vs its benchmark +9.5 pts vs VOO −18.1 pts vs ACWI

Below its high −10.5% −15.9%

Net assets, FITE as of Nov 3, 2026 and TMAT as of Jul 31, 2026 $153m $237m

As of Nov 4, 2026. Source: ETFIQ.

17% of the two portfolios are the same securities at the same weight.

Client brief:

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About each fund

FITE

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 23% of the fund across 78 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned +24.3% with distributions reinvested against +14.8% for its benchmark, the S&P 500 Index, so a holder was ahead by 9.5 pts. It sits 10.5% below its all-time high of Aug 13, 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 FITE and TMAT hold the same stocks?: By their latest filings, 17% 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, FITE or TMAT?: FITE has 27% of its weight in S&P 500 names and TMAT has 50%, so FITE differs more from the index.
Which is cheaper, FITE or TMAT?: FITE charges 0.45% a year and TMAT charges 0.79%, so FITE is cheaper. Fees come from each fund's prospectus.

Other comparisons

FITE vs GTEK FITE vs FRWD FITE vs ILDR FITE vs LFSC TMAT vs ABOT TMAT vs XDAT TMAT vs GTEK TMAT vs AOTG

Where to next

All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →FITE on its own →TMAT on its own →FITE dividend history →FITE holdings →TMAT dividend history →TMAT holdings →Method →Standards and sources →

Sources and dates

FITE filings on SEC EDGAR ↗

FITE prospectus with the expense ratio (SEC) ↗

State Street 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, FITE against TMAT, data as of Nov 4, 2026. https://etfiq.com/compare/themes/fite-vs-tmat

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