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Data as of .

THMZ vs TMAT: which is really different?

THMZ and TMAT hold 6% of their weight in the same names, and THMZ returned more over the year.

Lazard Equity Megatrends ETF and Main Thematic Innovation ETF.

55.2%THMZ in the S&P 500
46.4%TMAT in the S&P 500
+7.2%THMZ 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?

THMZ 5.9TMAT 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

THMZ45% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
55%45%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 73% · top ten 35% of the fund · 59 holdings filed Jun 30, 2026 · Nasdaq-100: 30% in55%45%in the S&P 500outsideactive share 73% · top ten 35% 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

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

What they hold in common

By the books each fund has filed, THMZ and TMAT hold 6% of their money in the same securities at the same weight.

Positions THMZ and TMAT both hold, largest shared weight first
HoldingTHMZTMAT
Keysight Technologies Inc2.66%2.26%
Advanced Micro Devices Inc1.94%1.61%
GE Vernova Inc1.35%1.65%
Taiwan Semiconductor Manufacturing Co Lt6.22%1.05%
Only in each
Only in THMZOnly in TMAT
Applied Materials Inc 5.68%VICOR CORP 2.98%
Alphabet Inc 3.63%MICRON TECHNOLOGY INC 2.81%
Amazon.com Inc 3.58%LUMENTUM HOLDINGS INC 2.75%
Microsoft Corp 2.84%CIENA CORP 2.61%
NVIDIA Corp 2.83%PALO ALTO NETWORKS INC 2.55%
Mitsubishi Electric Corp 2.79%CLEAR SECURE INC 2.48%
FANUC Corp 2.54%MODINE MANUFACTURING COMPANY 1.94%
Siemens AG 2.42%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

THMZ 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
THMZTMATTHMZTMATTHMZTMAT
3 months+0.3%−5.8%−1.9 pts−8.1 pts+2.8 pts−3.3 pts
6 months+17.1%+21.2%−1.0 pts+3.1 pts−7.2 pts−3.1 pts
1 year+7.2%+3.5%−9.4 pts−13.0 pts−14.6 pts−18.2 pts
3 yearsnot published+105.6%not published+27.2 ptsnot published+7.4 pts
Since launch+37.0%+16.5%−16.5 pts−105.8 pts−34.3 pts−120.4 pts
Open the live comparison on ETFIQ
THMZ and TMAT on the same fields, as of Sep 18, 2026. Source: ETFIQ.
THMZ
Lazard Equity Megatrends ETF
Holds 59 stocks in broad innovation and megatrends, 55% 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 50055.2%46.4%
Active share vs the S&P 50073.1%91.5%
In the Nasdaq-10030.2%22.9%
Holdings5988
Top ten, share of the fund35.2%24.2%
Expense ratio0.50%0.82%
Fee for the differing part0.68%0.90%
Total return, 1 year+7.2%+3.5%
vs the S&P 500−9.4 pts−13.0 pts
vs the Nasdaq-100−14.6 pts−18.2 pts
Below its high−3.5%−9.0%
Net assets$54m$211m

THMZ in plain words

By weight, 55% of THMZ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 73%. The top ten holdings are 35% of the fund across 59 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned +7.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 9.4 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 THMZ and TMAT hold the same stocks?
By their latest filings, 6% 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, THMZ or TMAT?
THMZ has 55% of its weight in S&P 500 names and TMAT has 46%, so TMAT differs more from the index.
Which is cheaper, THMZ or TMAT?
THMZ charges 0.50% a year and TMAT charges 0.82%, so THMZ 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.

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

How every figure is computed · Standards and sources