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Data as of .

HTEC vs TMAT: which is really different?

HTEC and TMAT hold 2% of their weight in the same names, and HTEC returned more over the year.

ROBO Global(R) Healthcare Technology and Innovation ETF and Main Thematic Innovation ETF.

31.8%HTEC in the S&P 500
46.4%TMAT in the S&P 500
+37.8%HTEC total return, 1 year
+3.5%TMAT total return, 1 year

ETFIQ Off-Index Score: HTEC scores higher

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

HTEC 48TMAT 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

HTEC68% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
32%68%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 98% · top ten 23% of the fund · 59 holdings filed Apr 30, 2026 · Nasdaq-100: 9% in32%68%inoutside the S&P 500active share 98% · top ten 23% 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

2% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, HTEC and TMAT hold 2% of their money in the same securities at the same weight.

Positions HTEC and TMAT both hold, largest shared weight first
HoldingHTECTMAT
Veracyte Inc1.65%0.98%
VEEVA SYSTEMS INC.0.96%0.71%
AGILENT TECHNOLOGIES, INC.1.63%0.48%
INTUITIVE SURGICAL, INC.1.95%0.35%
Only in each
Only in HTECOnly in TMAT
AxoGen, Inc. 3.16%VICOR CORP 2.98%
ARROWHEAD PHARMACEUTICALS, INC. 2.57%MICRON TECHNOLOGY INC 2.81%
Twist Bioscience Corp 2.34%LUMENTUM HOLDINGS INC 2.75%
GLAUKOS CORPORATION 2.23%CIENA CORP 2.61%
NATERA, INC. 2.17%PALO ALTO NETWORKS INC 2.55%
TEMPUS AI, INC. 2.13%CLEAR SECURE INC 2.48%
NOVOCURE LIMITED 2.05%KEYSIGHT TECHNOLOGIES INC 2.26%
ALNYLAM PHARMACEUTICALS, INC. 2.02%MODINE MANUFACTURING COMPANY 1.94%

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.

Performance, window by window

HTEC 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
HTECTMATHTECTMATHTECTMAT
3 months+20.9%−5.8%+18.7 pts−8.1 pts+23.4 pts−3.3 pts
6 months+32.1%+21.2%+14.1 pts+3.1 pts+7.9 pts−3.1 pts
1 year+37.8%+3.5%+21.3 pts−13.0 pts+16.1 pts−18.2 pts
3 years+63.1%+105.6%−15.3 pts+27.2 pts−35.0 pts+7.4 pts
Since launch+76.8%+16.5%−114.2 pts−105.8 pts−230.7 pts−120.4 pts
Open the live comparison on ETFIQ
HTEC and TMAT on the same fields, as of Sep 18, 2026. Source: ETFIQ.
HTEC
ROBO Global(R) Healthcare Technology and Innovation ETF
Holds 59 stocks in broad innovation and megatrends, 32% 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
IssuerROBO GlobalMain
ThemeBroad innovation and megatrendsBroad innovation and megatrends
In the S&P 50031.8%46.4%
Active share vs the S&P 50097.9%91.5%
In the Nasdaq-1009.1%22.9%
Holdings5988
Top ten, share of the fund22.7%24.2%
Expense ratio0.68%0.82%
Fee for the differing part0.69%0.90%
Total return, 1 year+37.8%+3.5%
vs the S&P 500+21.3 pts−13.0 pts
vs the Nasdaq-100+16.1 pts−18.2 pts
Below its high−17.4%−9.0%
Net assets$53m$211m

HTEC in plain words

By weight, 32% of HTEC's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 23% of the fund across 59 positions, as filed for Apr 30, 2026. Over the year to Sep 18, 2026 the fund returned +37.8% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 21.2 pts. It sits 17.4% below its all-time high of Feb 12, 2021.

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 HTEC and TMAT hold the same stocks?
By their latest filings, 2% 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, HTEC or TMAT?
HTEC has 32% of its weight in S&P 500 names and TMAT has 46%, so HTEC differs more from the index.
Which is cheaper, HTEC or TMAT?
HTEC charges 0.68% a year and TMAT charges 0.82%, so HTEC 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.

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

How every figure is computed · Standards and sources