Data as of .
ILDR vs TMAT: which is really different?
ILDR and TMAT hold 14% of their weight in the same names, and ILDR returned more over the year.
ETFIQ Off-Index Score: TMAT 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
14% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, ILDR and TMAT hold 14% of their money in the same securities at the same weight.
| Holding | ILDR | TMAT |
|---|---|---|
| Micron Technology, Inc. | 2.80% | 2.81% |
| Advanced Micro Devices, Inc. | 5.79% | 1.61% |
| Rubrik, Inc. (Class A) | 1.29% | 1.44% |
| Marvell Technology, Inc. | 3.13% | 1.06% |
| Palo Alto Networks, Inc. | 1.00% | 2.55% |
| GE Vernova Inc. | 0.86% | 1.65% |
| Cloudflare, Inc. (Class A) | 0.63% | 1.40% |
| CrowdStrike Holdings, Inc. (Class A) | 0.62% | 1.71% |
| Modine Manufacturing Company | 0.61% | 1.94% |
| Zscaler, Inc. | 0.60% | 0.87% |
| Vertiv Holdings Co (Class A) | 0.55% | 1.88% |
| Constellation Energy Corporation | 0.50% | 1.14% |
| Only in ILDR | Only in TMAT |
|---|---|
| NVIDIA Corporation 9.78% | VICOR CORP 2.98% |
| Amazon.com, Inc. 5.79% | LUMENTUM HOLDINGS INC 2.75% |
| Alphabet Inc. (Class A) 4.81% | CIENA CORP 2.61% |
| Broadcom Inc. 3.57% | CLEAR SECURE INC 2.48% |
| Eli Lilly and Company 3.02% | KEYSIGHT TECHNOLOGIES INC 2.26% |
| Microsoft Corporation 2.70% | ADVANCED ENERGY INDUSTRIES INC 1.91% |
| Oracle Corporation 2.67% | AAON INC 1.89% |
| Arista Networks, Inc. 2.46% | BENTLEY SYSTEMS INC 1.82% |
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 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| ILDR | TMAT | ILDR | TMAT | ILDR | TMAT | |
| 3 months | +0.3% | −5.8% | −1.9 pts | −8.1 pts | +2.8 pts | −3.3 pts |
| 6 months | +31.0% | +21.2% | +12.9 pts | +3.1 pts | +6.7 pts | −3.1 pts |
| 1 year | +19.9% | +3.5% | +3.3 pts | −13.0 pts | −1.9 pts | −18.2 pts |
| 3 years | +120.9% | +105.6% | +42.5 pts | +27.2 pts | +22.7 pts | +7.4 pts |
| Since launch | +92.7% | +16.5% | −3.0 pts | −105.8 pts | −30.0 pts | −120.4 pts |
| ILDR First Trust Innovation Leaders ETF Holds 82 stocks in broad innovation and megatrends, 66% 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 | First Trust | Main |
| Theme | Broad innovation and megatrends | Broad innovation and megatrends |
| In the S&P 500 | 65.8% | 46.4% |
| Active share vs the S&P 500 | 67.1% | 91.5% |
| In the Nasdaq-100 | 49.0% | 22.9% |
| Holdings | 82 | 88 |
| Top ten, share of the fund | 44.1% | 24.2% |
| Expense ratio | 0.75% | 0.82% |
| Fee for the differing part | 1.12% | 0.90% |
| Total return, 1 year | +19.9% | +3.5% |
| vs the S&P 500 | +3.3 pts | −13.0 pts |
| vs the Nasdaq-100 | −1.9 pts | −18.2 pts |
| Below its high | −3.5% | −9.0% |
| Net assets | $342m | $211m |
ILDR in plain words
By weight, 66% of ILDR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 67%. The top ten holdings are 44% of the fund across 82 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +19.9% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 3.3 pts.
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 ILDR and TMAT hold the same stocks?
- By their latest filings, 14% 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, ILDR or TMAT?
- ILDR has 66% of its weight in S&P 500 names and TMAT has 46%, so TMAT differs more from the index.
- Which is cheaper, ILDR or TMAT?
- ILDR charges 0.75% a year and TMAT charges 0.82%, so ILDR 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, ILDR against TMAT, data as of Sep 18, 2026. https://etfiq.com/compare/themes/ildr-vs-tmat Free to use with attribution; the underlying files are at Open data.