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Data as of .

GTEK vs TMAT: which is really different?

GTEK and TMAT hold 9% of their weight in the same names, and GTEK returned more over the year.

Goldman Sachs Future Tech Leaders Equity ETF and Main Thematic Innovation ETF.

33.5%GTEK in the S&P 500
46.4%TMAT in the S&P 500
+43.6%GTEK total return, 1 year
+3.5%TMAT total return, 1 year

ETFIQ Off-Index Score: GTEK scores higher

How much of it is not the index it is sold as an alternative to?

GTEK 36.9TMAT 24.90.1, the lowest in this set91.8, the highest

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

GTEK67% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
34%67%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 96% · top ten 32% of the fund · 62 holdings filed May 31, 2026 · Nasdaq-100: 18% in34%67%inoutside the S&P 500active share 96% · top ten 32% of the fund
TMAT54% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
46%54%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 92% · top ten 24% of the fund · 88 holdings filed Apr 30, 2026 · Nasdaq-100: 23% in46%54%in the S&P 500outside the S&P 500active share 92% · top ten 24% of the fund

9% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, GTEK and TMAT hold 9% of their money in the same securities at the same weight.

Positions GTEK and TMAT both hold, largest shared weight first
HoldingGTEKTMAT
TERADYNE INC1.83%1.57%
CLOUDFLARE INC2.14%1.40%
CIENA CORP1.22%2.61%
MARVELL TECHNOLOGY INC3.35%1.06%
CROWDSTRIKE HOLDINGS INC1.04%1.71%
AXON ENTERPRISE INC1.66%0.92%
ZSCALER INC1.05%0.87%
LUMENTUM HOLDINGS INC0.70%2.75%
Only in each
Only in GTEKOnly in TMAT
MEDIATEK INC 5.20%VICOR CORP 2.98%
DELTA ELECTRONICS INC 4.39%MICRON TECHNOLOGY INC 2.81%
DELL TECHNOLOGIES INC 3.10%PALO ALTO NETWORKS INC 2.55%
INFINEON TECHNOLOGIES AG 3.03%CLEAR SECURE INC 2.48%
CHROMA ATE INC 2.71%KEYSIGHT TECHNOLOGIES INC 2.26%
SK SQUARE CO LTD 2.65%MODINE MANUFACTURING COMPANY 1.94%
ELITE MATERIAL COMPANY LTD 2.52%ADVANCED ENERGY INDUSTRIES INC 1.91%
CADENCE DESIGN SYSTEMS INC 2.43%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

GTEK and TMAT over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
GTEKTMATGTEKTMATGTEKTMAT
3 months−8.4%−5.8%−10.7 pts−8.1 pts−5.9 pts−3.3 pts
6 months+38.8%+21.2%+20.8 pts+3.1 pts+14.6 pts−3.1 pts
1 year+43.6%+3.5%+27.1 pts−13.0 pts+21.9 pts−18.2 pts
3 years+135.6%+105.6%+57.2 pts+27.2 pts+37.5 pts+7.4 pts
Since launch+40.4%+16.5%−42.3 pts−105.8 pts−56.0 pts−120.4 pts
Open the live comparison on ETFIQ
GTEK and TMAT on the same fields, as of Sep 18, 2026. Source: ETFIQ.
GTEK
Goldman Sachs Future Tech Leaders Equity ETF
Holds 62 stocks in broad innovation and megatrends, 34% 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
IssuerGoldman SachsMain
ThemeBroad innovation and megatrendsBroad innovation and megatrends
In the S&P 50033.5%46.4%
Active share vs the S&P 50096.4%91.5%
In the Nasdaq-10018.4%22.9%
Holdings6288
Top ten, share of the fund31.8%24.2%
Expense ratio0.75%0.82%
Fee for the differing part0.78%0.90%
Total return, 1 year+43.6%+3.5%
vs the S&P 500+27.1 pts−13.0 pts
vs the Nasdaq-100+21.9 pts−18.2 pts
Below its high−9.7%−9.0%
Net assets$233m$211m

GTEK in plain words

By weight, 34% of GTEK's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 96%. The top ten holdings are 32% of the fund across 62 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned +43.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 27.1 pts. It sits 9.7% below its all-time high of Jun 30, 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 GTEK and TMAT hold the same stocks?
By their latest filings, 9% 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, GTEK or TMAT?
GTEK has 34% of its weight in S&P 500 names and TMAT has 46%, so GTEK differs more from the index.
Which is cheaper, GTEK or TMAT?
GTEK charges 0.75% a year and TMAT charges 0.82%, so GTEK 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.

GTEK against TMAT, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, GTEK against TMAT, data as of Sep 18, 2026. https://etfiq.com/compare/themes/gtek-vs-tmat Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources