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Data as of Nov 4, 2026.

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Thematic ETFs

THMZ vs TMAT: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, THMZ returned +6.1% to TMAT's −3.1%; 6% of their weight is in the same names.

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Net assets: $54m on Jun 30, 2026 for Lazard Equity Megatrends ETF, and $237m on Jul 31, 2026 for Main Thematic Innovation ETF.

THMZ on its own →TMAT on its own →
At a glance
53.9%
THMZ in the S&P 500
50.3%
TMAT in the S&P 500
+6.1%
THMZ total return, 1 year
−3.1%
TMAT total return, 1 year
THMZ · 1 year to Nov 4, 2026 46% of its weight is outside the S&P 500
46% of its weight is outside the S&P 50054% of THMZ's weight is in S&P 500 companies and 46% is outside the index. Holdings as of Jun 30, 2026.54%46%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 74% · top ten 34% of the fund · 59 holdings as filed for Jun 30, 2026 · Nasdaq-100: 30% in46% of its weight is outside the S&P 50054% of THMZ's weight is in S&P 500 companies and 46% is outside the index. Holdings as of Jun 30, 2026.54%46%in the S&P 500outsideactive share 74% · Nasdaq-100: 30% in

54% of THMZ's weight is in S&P 500 companies and 46% is outside the index. Holdings as of Jun 30, 2026.

TMAT · 1 year to Nov 4, 2026 50% of its weight is outside the S&P 500
50% of its weight is outside the S&P 50050% of TMAT's weight is in S&P 500 companies and 50% is outside the index. Holdings as of Jul 31, 2026.50%50%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 92% · top ten 27% of the fund · 87 holdings as filed for Jul 31, 2026 · Nasdaq-100: 29% in50% of its weight is outside the S&P 50050% of TMAT's weight is in S&P 500 companies and 50% is outside the index. Holdings as of Jul 31, 2026.50%50%in the S&P 500outside the S&P 500active share 92% · Nasdaq-100: 29% in

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

THMZ costs 0.29 points a year less; their one-year returns differ by 9.2 points.

Points (pts) are percentage points.

THMZ vs TMAT: Holdings Overlap & Returns
MeasureTHMZTMAT
Return
Total return, 1 year+6.1%−3.1%
Drawdown
Below its all-time high15.9%, high on Jun 30, 2026
Against its benchmark
What it tracksBroad innovation and megatrendsBroad innovation and megatrends
Its benchmark, total return, 1 year+15.0%+15.0%
Against its benchmark, 1 yearbehind by 8.9 ptsbehind by 18.1 pts
Cost and size
Expense ratio0.50%0.79%
Net assets, THMZ as of Jun 30, 2026 and TMAT as of Jul 31, 2026$54m$237m
Holdings
Holdings in common6%
ETFIQ S&P 500 Difference Score · TMAT scores higher How much of its weight does it not share with the S&P 500?
IQ Themes Score19.7THMZ61.4TMAT

How different its holdings are from the S&P 500, ranked against 114 thematic ETFs with at least half their money in S&P 500 companies. 100 is best. How it is computed

0.4, the lowest in this set 99.6, the highest

Weight not shared with the S&P 500 only; it says nothing about returns, fees or whether the theme pays off. All thematic ETFs ranked by it →

Method

What they share

6%

By the books each fund has filed, THMZ and TMAT hold 6% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.

0 half 100%

half

6% in common

Positions both hold · largest shared weight first THMZ TMAT
Keysight Technologies Inc 2.59% 1.95%
Advanced Micro Devices Inc 1.89% 2.06%
GE Vernova Inc 1.31% 1.43%
Taiwan Semiconductor Manufacturing Co Ltd 6.07% 1.02%
Only in one fund ↓
Only in THMZ
Applied Materials Inc 5.54%
Alphabet Inc 3.54%
Amazon.com Inc 3.50%
Microsoft Corp 2.77%
NVIDIA Corp 2.76%
Mitsubishi Electric Corp 2.72%
FANUC Corp 2.48%
Siemens AG 2.37%
Only in TMAT
PALO ALTO NETWORKS INC 4.46%
MICRON TECHNOLOGY INC 4.23%
CROWDSTRIKE HOLDINGS INC 2.77%
FORTINET INC 2.63%
CLEAR SECURE INC 2.43%
VICOR CORP 2.18%
HINGE HEALTH INC 2.09%
LUMENTUM HOLDINGS INC 2.06%
Check overlap with more funds →

Window by window

Window by window: THMZ vs TMAT: Holdings Overlap & Returns
Total returnvs its benchmark
WindowTHMZTMATTHMZTMAT
3 months−2.0%−9.4%−0.7 pts vs ACWI−8.1 pts vs ACWI
6 months+2.8%−4.9%+0.2 pts vs ACWI−7.5 pts vs ACWI
1 year+6.1%−3.1%−8.9 pts vs ACWI−18.1 pts vs ACWI
3 years–+92.3%–+14.7 pts vs ACWI
Since launchNot the same days: THMZ Apr 2025 · TMAT Jan 2021+38.4%+7.5%−16.1 pts vs ACWI−85.1 pts vs ACWI

– means no data for this window. Open this comparison in the app →

Side by side

THMZ Lazard Equity Megatrends ETF · Holds 59 stocks in broad innovation and megatrends, 54% 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 Lazard Main
Theme Broad innovation and megatrends Broad innovation and megatrends
In the S&P 500 53.9% 50.3%
Active share vs the S&P 500 73.5% 91.6%
In the Nasdaq-100 29.5% 29.4%
Holdings 59 87
Top ten, share of the fund 34.3% 26.9%
Expense ratio 0.50% 0.79%
Fee for the differing part 0.68% 0.86%
Total return, 1 year +6.1% −3.1%
vs its benchmark −8.9 pts vs ACWI −18.1 pts vs ACWI
Below its high −2.6% −15.9%
Net assets, THMZ as of Jun 30, 2026 and TMAT as of Jul 31, 2026 $54m $237m

As of Nov 4, 2026. Source: ETFIQ.

6% of the two portfolios are the same securities at the same weight.

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About each fund
THMZ

By weight, 54% of THMZ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 74%. The top ten holdings are 34% of the fund across 59 positions, as filed for Jun 30, 2026. Over the year to Nov 4, 2026 the fund returned +6.1% with distributions reinvested against +15.0% for its benchmark, the MSCI ACWI Index, so a holder was behind by 8.9 pts.

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 THMZ and TMAT hold the same stocks?
By their latest filings, 6% 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, THMZ or TMAT?
THMZ has 54% of its weight in S&P 500 names and TMAT has 50%, so TMAT differs more from the index.
Which is cheaper, THMZ or TMAT?
THMZ charges 0.50% a year and TMAT charges 0.79%, so THMZ is cheaper. Fees come from each fund's prospectus.
Other comparisons
THMZ vs GTEKTHMZ vs FRWDTHMZ vs FDTXTHMZ vs ILDRTMAT vs FDFFTMAT vs CARZTMAT vs FDCFTMAT vs AOTG
Where to next
THMZ on its own →TMAT on its own →THMZ dividend history →THMZ holdings →TMAT dividend history →TMAT holdings →Method →Standards and sources →
Sources and dates
THMZ filings on SEC EDGAR ↗
THMZ prospectus with the expense ratio (SEC) ↗
Lazard 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

It is a place in a set, not a rating or a recommendation.

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, THMZ against TMAT, data as of Nov 4, 2026. https://etfiq.com/compare/themes/thmz-vs-tmat

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