Do GTEK and TMAT hold the same stocks?

By their latest filings, 10% 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, GTEK or TMAT?

GTEK has 33% of its weight in S&P 500 names and TMAT has 50%, so GTEK differs more from the index.

Which is cheaper, GTEK or TMAT?

GTEK charges 0.75% a year and TMAT charges 0.79%, so GTEK is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

GTEK vs TMAT: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, GTEK returned +24.1% to TMAT's −3.1%; 10% of their weight is in the same names.

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Net assets: $209m on Nov 3, 2026 for Goldman Sachs Future Tech Leaders Equity ETF, and $237m on Jul 31, 2026 for Main Thematic Innovation ETF.

GTEK on its own →TMAT on its own →

At a glance

33.0%

GTEK in the S&P 500

50.3%

TMAT in the S&P 500

+24.1%

GTEK total return, 1 year

−3.1%

TMAT total return, 1 year

GTEK · 1 year to Nov 4, 2026 67% of its weight is outside the S&P 500

33% of GTEK's weight is in S&P 500 companies and 67% is outside the index. Holdings as of Aug 31, 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

GTEK costs 0.04 points a year less; their one-year returns differ by 27.2 points.

Points (pts) are percentage points.

GTEK vs TMAT: Holdings Overlap & Returns
Measure	GTEK	TMAT
Return
Measure	GTEK	TMAT
Total return, 1 year	+24.1%	−3.1%
Drawdown
Measure	GTEK	TMAT
Below its all-time high	20.5%, high on Jun 30, 2026	15.9%, high on Jun 30, 2026
Against its benchmark
Measure	GTEK	TMAT
What it tracks	Broad innovation and megatrends	Broad innovation and megatrends
Its benchmark, total return, 1 year	+15.0%	+15.0%
Against its benchmark, 1 year	ahead by 9.1 pts	behind by 18.1 pts
Cost and size
Measure	GTEK	TMAT
Expense ratio	0.75%	0.79%
Net assets, GTEK as of Nov 3, 2026 and TMAT as of Jul 31, 2026	$209m	$237m
Active share vs the S&P 500	96%	92%
Holdings
Measure	GTEK	TMAT
Holdings in common	10%

Method

Risk and return

Sep 24, 2021 to Oct 30, 2026 · 266 weekly returns · each against ACWI

GTEK TMAT

Return

Total return edge GTEK +26.3% +21.0%

Annualized edge GTEK +4.7% +3.8%

Price return edge GTEK +26.0% +20.5%

Risk

Volatility edge GTEK (slight) 27.8% 29.0%

Max drawdown edge TMAT (slight) −53.5% −51.6%

Downside capture 133.7% 135.1%

Beta 1.56 1.58

Risk-adjusted

Sharpe edge GTEK 0.16 0.14

Sortino edge GTEK 0.23 0.20

Treynor 0.029 0.026

Calmar edge GTEK 0.09 0.07

Against the benchmark

Alpha −6.6% a year −7.2% a year

Alpha t-stat −1.04 −1.01

Information ratio −0.16 −0.17

Tracking error 16.6% 18.3%

Reading

From Sep 2021 to Oct 2026, GTEK returned more: +26.3% to +21.0%. GTEK swung slightly less: 27.8% to 29.0%. TMAT fell slightly less at its worst: −51.6% to −53.5%.

Full scorecard

19 measures, with how each is measured Open ↓

Risk and return: GTEK vs TMAT: Holdings Overlap & Returns
Measure	GTEK	TMAT	ACWI	Edge	How it is measured
Return
Total return	+26.3%	+21.0%		GTEK	Price change plus distributions, reinvested.
Annualized	+4.7%	+3.8%		GTEK	Total return as a yearly rate.
Price return	+26.0%	+20.5%		GTEK	Price change alone, distributions left out.
Risk
Volatility	27.8%	29.0%		GTEK (slight)	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	19.6%	20.3%		GTEK (slight)	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−53.5%	−51.6%		TMAT (slight)	Deepest fall from a high to the low after it.
Upside capture	183.7%	187.7%	100.0%	TMAT (slight)	Share of its benchmark's rise caught in the weeks it rose.
Downside capture	133.7%	135.1%	100.0%	Tie	Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta	1.56	1.58	1.00	Tie	How far it moves for each 1% its benchmark moves.
R squared	0.74	0.69	1.00	Not an edge	Share of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe	0.16	0.14		GTEK	Return above Treasury bills per unit of volatility.
Sortino	0.23	0.20		GTEK	Return above Treasury bills per unit of downside deviation.
Treynor	0.029	0.026	0.071	GTEK	Return above Treasury bills per unit of beta.
Calmar	0.09	0.07		GTEK	Annualized return divided by the max drawdown.
Against the benchmark
Benchmark	ACWI	ACWI	ACWI		The ETF each fund is measured against.
Alpha	−6.6% a year	−7.2% a year	0.0%	Not significant	Yearly return beyond what its beta to the benchmark predicts.
Alpha t-stat	−1.04	−1.01		Not an edge	How sure the alpha is. Below 2, it could be chance.
Alpha range	−19.0% to +5.8%	−21.2% to +6.8%		Both include zero	The 95% range for the yearly alpha.
Information ratio	−0.16	−0.17		GTEK (slight)	Return against its benchmark per unit of tracking error.
Tracking error	16.6%	18.3%	0.0%	Not an edge	How far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 266 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

10%

By the books each fund has filed, GTEK and TMAT hold 10% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Aug 31, 2026.

50%

0 half 100%

half

10% in common

Positions both hold · largest shared weight first GTEK TMAT

CLOUDFLARE INC 3.32% 1.81%

LUMENTUM HOLDINGS INC 1.59% 2.06%

TERADYNE INC 1.77% 1.59%

CROWDSTRIKE HOLDINGS INC 1.35% 2.77%

MARVELL TECHNOLOGY INC 3.57% 1.15%

AXON ENTERPRISE INC 2.16% 1.14%

CIENA CORP 1.16% 1.09%

ZSCALER INC 1.47% 0.52%

Only in one fund ↓

Only in GTEK

JENTECH PRECISION INDUSTRIAL CO LTD 3.52%

MEDIATEK INC 2.97%

ELITE MATERIAL COMPANY LTD 2.97%

ASE TECHNOLOGY HOLDING CO LTD 2.80%

DELTA ELECTRONICS INC 2.73%

SNOWFLAKE INC 2.60%

SK SQUARE CO LTD 2.53%

DELL TECHNOLOGIES INC 2.45%

Only in TMAT

PALO ALTO NETWORKS INC 4.46%

MICRON TECHNOLOGY INC 4.23%

FORTINET INC 2.63%

CLEAR SECURE INC 2.43%

VICOR CORP 2.18%

HINGE HEALTH INC 2.09%

ADVANCED MICRO DEVICES INC 2.06%

KEYSIGHT TECHNOLOGIES INC 1.95%

Check overlap with more funds →

Window by window

Window by window: GTEK vs TMAT: Holdings Overlap & Returns
	Total return		vs its benchmark
Window	GTEK	TMAT	GTEK	TMAT
3 months	−13.0%	−9.4%	−11.7 pts vs ACWI	−8.1 pts vs ACWI
6 months	−8.9%	−4.9%	−11.5 pts vs ACWI	−7.5 pts vs ACWI
1 year	+24.1%	−3.1%	+9.1 pts vs ACWI	−18.1 pts vs ACWI
3 years	+112.7%	+92.3%	+35.1 pts vs ACWI	+14.7 pts vs ACWI
Since launchNot the same days: GTEK Sep 2021 · TMAT Jan 2021	+23.6%	+7.5%	−43.0 pts vs ACWI	−85.1 pts vs ACWI

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Side by side

GTEK Goldman Sachs Future Tech Leaders Equity ETF · Holds 60 stocks in broad innovation and megatrends, 33% 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 Goldman Sachs Main

Theme Broad innovation and megatrends Broad innovation and megatrends

In the S&P 500 33.0% 50.3%

Active share vs the S&P 500 96.5% 91.6%

In the Nasdaq-100 20.9% 29.4%

Holdings 60 87

Top ten, share of the fund 29.5% 26.9%

Expense ratio 0.75% 0.79%

Fee for the differing part 0.78% 0.86%

Total return, 1 year +24.1% −3.1%

vs its benchmark +9.1 pts vs ACWI −18.1 pts vs ACWI

Below its high −20.5% −15.9%

Net assets, GTEK as of Nov 3, 2026 and TMAT as of Jul 31, 2026 $209m $237m

As of Nov 4, 2026. Source: ETFIQ.

10% of the two portfolios are the same securities at the same weight.

Client brief:

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About each fund

GTEK

By weight, 33% 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 30% of the fund across 60 positions, as filed for Aug 31, 2026. Over the year to Nov 4, 2026 the fund returned +24.1% with distributions reinvested against +15.0% for its benchmark, the MSCI ACWI Index, so a holder was ahead by 9.1 pts. It sits 20.5% 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 GTEK and TMAT hold the same stocks?: By their latest filings, 10% 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, GTEK or TMAT?: GTEK has 33% of its weight in S&P 500 names and TMAT has 50%, so GTEK differs more from the index.
Which is cheaper, GTEK or TMAT?: GTEK charges 0.75% a year and TMAT charges 0.79%, so GTEK is cheaper. Fees come from each fund's prospectus.

Other comparisons

GTEK vs FDTX GTEK vs ILDR GTEK vs QQQJ GTEK vs XT TMAT vs AOTG TMAT vs XT TMAT vs ARKK TMAT vs BUYZ

Where to next

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

Sources and dates

GTEK filings on SEC EDGAR ↗

GTEK prospectus with the expense ratio (SEC) ↗

Goldman Sachs 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, GTEK against TMAT, data as of Nov 4, 2026. https://etfiq.com/compare/themes/gtek-vs-tmat

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