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Data as of .

TEKY vs TMAT: which is really different?

TEKY and TMAT hold 10% of their weight in the same names, and TEKY returned more over the year.

Lazard Next Gen Technologies ETF and Main Thematic Innovation ETF.

51.5%TEKY in the S&P 500
46.4%TMAT in the S&P 500
+16.8%TEKY total return, 1 year
+3.5%TMAT total return, 1 year

ETFIQ Off-Index Score: TMAT scores higher

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

TEKY 9.1TMAT 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

TEKY49% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
52%49%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 78% · top ten 40% of the fund · 48 holdings filed Jun 30, 2026 · Nasdaq-100: 43% in52%49%in the S&P 500outsideactive share 78% · top ten 40% 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

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

What they hold in common

By the books each fund has filed, TEKY and TMAT hold 10% of their money in the same securities at the same weight.

Positions TEKY and TMAT both hold, largest shared weight first
HoldingTEKYTMAT
Palo Alto Networks Inc2.60%2.55%
Crowdstrike Holdings Inc2.54%1.71%
Advanced Micro Devices Inc3.69%1.61%
Cloudflare Inc1.36%1.40%
Autodesk Inc1.19%1.72%
Taiwan Semiconductor Manufacturing Co Lt4.00%1.05%
Trimble Inc0.74%0.89%
Only in each
Only in TEKYOnly in TMAT
SK hynix Inc 5.72%VICOR CORP 2.98%
Alphabet Inc 5.25%MICRON TECHNOLOGY INC 2.81%
NVIDIA Corp 4.94%LUMENTUM HOLDINGS INC 2.75%
Amazon.com Inc 3.71%CIENA CORP 2.61%
Broadcom Inc 3.38%CLEAR SECURE INC 2.48%
Applied Materials Inc 3.19%KEYSIGHT TECHNOLOGIES INC 2.26%
Datadog Inc 3.17%MODINE MANUFACTURING COMPANY 1.94%
Tokyo Electron Ltd 2.59%ADVANCED ENERGY INDUSTRIES INC 1.91%

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 Jun 30, 2026.

Performance, window by window

TEKY 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
TEKYTMATTEKYTMATTEKYTMAT
3 months−5.5%−5.8%−7.7 pts−8.1 pts−3.0 pts−3.3 pts
6 months+29.5%+21.2%+11.5 pts+3.1 pts+5.3 pts−3.1 pts
1 year+16.8%+3.5%+0.2 pts−13.0 pts−5.0 pts−18.2 pts
3 yearsnot published+105.6%not published+27.2 ptsnot published+7.4 pts
Since launch+78.3%+16.5%+24.7 pts−105.8 pts+7.0 pts−120.4 pts
Open the live comparison on ETFIQ
TEKY and TMAT on the same fields, as of Sep 18, 2026. Source: ETFIQ.
TEKY
Lazard Next Gen Technologies ETF
Holds 48 stocks in broad innovation and megatrends, 52% 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
IssuerLazardMain
ThemeBroad innovation and megatrendsBroad innovation and megatrends
In the S&P 50051.5%46.4%
Active share vs the S&P 50077.6%91.5%
In the Nasdaq-10043.4%22.9%
Holdings4888
Top ten, share of the fund39.6%24.2%
Expense ratio0.50%0.82%
Fee for the differing part0.64%0.90%
Total return, 1 year+16.8%+3.5%
vs the S&P 500+0.2 pts−13.0 pts
vs the Nasdaq-100−5.0 pts−18.2 pts
Below its high−6.8%−9.0%
Net assets$61m$211m

TEKY in plain words

By weight, 52% of TEKY's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 78%. The top ten holdings are 40% of the fund across 48 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned +16.8% with distributions reinvested against +16.6% for the S&P 500, so a holder was about even. It sits 6.8% below its all-time high of Jun 2, 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 TEKY and TMAT hold the same stocks?
By their latest filings, 10% 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, TEKY or TMAT?
TEKY has 52% of its weight in S&P 500 names and TMAT has 46%, so TMAT differs more from the index.
Which is cheaper, TEKY or TMAT?
TEKY charges 0.50% a year and TMAT charges 0.82%, so TEKY 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.

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

How every figure is computed · Standards and sources