Do TMAT and XDAT hold the same stocks?

By their latest filings, 15% 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, TMAT or XDAT?

TMAT has 50% of its weight in S&P 500 names and XDAT has 60%, so TMAT differs more from the index.

Which is cheaper, TMAT or XDAT?

TMAT charges 0.79% a year and XDAT charges 0.50%, so XDAT is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

TMAT vs XDAT: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, TMAT returned −3.1% to XDAT's −11.5%; 15% of their weight is in the same names.

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Net assets: $237m on Jul 31, 2026 for Main Thematic Innovation ETF, and $3.7m on Nov 3, 2026 for Franklin Exponential Data ETF.

TMAT on its own →XDAT on its own →

At a glance

50.3%

TMAT in the S&P 500

60.4%

XDAT in the S&P 500

−3.1%

TMAT total return, 1 year

−11.5%

XDAT total return, 1 year

TMAT · 1 year to Nov 4, 2026 50% of its weight is outside the S&P 500

50% of TMAT's weight is in S&P 500 companies and 50% is outside the index. Holdings as of Jul 31, 2026.

XDAT · 1 year to Nov 4, 2026 40% of its weight is outside the S&P 500

60% of XDAT's weight is in S&P 500 companies and 40% is outside the index. Holdings as of Jun 30, 2026.

Pair scorecard

XDAT costs 0.29 points a year less; their one-year returns differ by 8.4 points.

Points (pts) are percentage points.

TMAT vs XDAT: Holdings Overlap & Returns
Measure	TMAT	XDAT
Return
Measure	TMAT	XDAT
Total return, 1 year	−3.1%	−11.5%
Drawdown
Measure	TMAT	XDAT
Below its all-time high	15.9%, high on Jun 30, 2026	21.1%, high on Nov 9, 2021
Against its benchmark
Measure	TMAT	XDAT
What it tracks	Broad innovation and megatrends	Broad innovation and megatrends
Its benchmark, total return, 1 year	+15.0%	+14.8%
Against its benchmark, 1 year	behind by 18.1 pts	behind by 26.3 pts
Cost and size
Measure	TMAT	XDAT
Expense ratio	0.79%	0.50%
Net assets, TMAT as of Jul 31, 2026 and XDAT as of Nov 3, 2026	$237m	$3.7m
Holdings
Measure	TMAT	XDAT
Holdings in common	15%

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 Score61.4TMAT53.9XDAT

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

TMAT 61.4

XDAT 53.9

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

15%

By the books each fund has filed, TMAT and XDAT hold 15% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.

50%

0 half 100%

half

15% in common

Positions both hold · largest shared weight first TMAT XDAT

PALO ALTO NETWORKS INC 4.46% 4.49%

CROWDSTRIKE HOLDINGS INC 2.77% 4.34%

CLOUDFLARE INC 1.81% 10.04%

WESTERN DIGITAL CORP 1.37% 1.52%

FORTINET INC 2.63% 0.83%

CIENA CORP 1.09% 0.80%

LUMENTUM HOLDINGS INC 2.06% 0.78%

KEYSIGHT TECHNOLOGIES INC 1.95% 0.53%

ZSCALER INC 0.52% 0.86%

RUBRIK INC 1.86% 0.42%

BENTLEY SYSTEMS INC 1.88% 0.21%

AUTODESK INC 1.61% 0.19%

Only in one fund ↓

Only in TMAT

MICRON TECHNOLOGY INC 4.23%

CLEAR SECURE INC 2.43%

VICOR CORP 2.18%

HINGE HEALTH INC 2.09%

ADVANCED MICRO DEVICES INC 2.06%

VARONIS SYSTEMS INC 1.76%

AAON INC 1.71%

TERADYNE INC 1.59%

Only in XDAT

ALPHABET INC 9.66%

META PLATFORMS INC 6.36%

SNOWFLAKE INC 4.97%

APPLOVIN CORP 4.97%

DATADOG INC 4.07%

MONGODB INC 3.71%

MICROSOFT CORP 3.52%

JFROG LTD 3.41%

Check overlap with more funds →

Window by window

Window by window: TMAT vs XDAT: Holdings Overlap & Returns
	Total return		vs its benchmark
Window	TMAT	XDAT	TMAT	XDAT
3 months	−9.4%	−7.7%	−8.1 pts vs ACWI	−7.4 pts vs IWV
6 months	−4.9%	+2.1%	−7.5 pts vs ACWI	−2.8 pts vs IWV
1 year	−3.1%	−11.5%	−18.1 pts vs ACWI	−26.3 pts vs IWV
3 years	+92.3%	+33.3%	+14.7 pts vs ACWI	−47.7 pts vs IWV
Since launchNot the same days: TMAT Jan 2021 · XDAT Jan 2021	+7.5%	−1.8%	−85.1 pts vs ACWI	−106.1 pts vs IWV

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Side by side

TMAT Main Thematic Innovation ETF · Holds 87 stocks in broad innovation and megatrends, 50% of its weight in S&P 500 companies XDAT Franklin Exponential Data ETF · Holds 59 stocks in broad innovation and megatrends, 60% of its weight in S&P 500 companies

Issuer Main Franklin

Theme Broad innovation and megatrends Broad innovation and megatrends

In the S&P 500 50.3% 60.4%

Active share vs the S&P 500 91.6% 86.2%

In the Nasdaq-100 29.4% 52.2%

Holdings 87 59

Top ten, share of the fund 26.9% 56.1%

Expense ratio 0.79% 0.50%

Fee for the differing part 0.86% 0.58%

Total return, 1 year −3.1% −11.5%

vs its benchmark −18.1 pts vs ACWI −26.3 pts vs IWV

Below its high −15.9% −21.1%

Net assets, TMAT as of Jul 31, 2026 and XDAT as of Nov 3, 2026 $237m $3.7m

As of Nov 4, 2026. Source: ETFIQ.

15% of the two portfolios are the same securities at the same weight.

Alert

About each fund

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.

XDAT

Over the year to Nov 4, 2026 the fund returned −11.5% with distributions reinvested against +14.8% for its benchmark, the Russell 3000 Index, so a holder was behind by 26.3 pts.

By weight, 60% of XDAT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 86%. The top ten holdings are 56% of the fund across 59 positions, as filed for Jun 30, 2026. It sits 21.1% below its all-time high of Nov 9, 2021.

Questions people ask

Do TMAT and XDAT hold the same stocks?: By their latest filings, 15% 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, TMAT or XDAT?: TMAT has 50% of its weight in S&P 500 names and XDAT has 60%, so TMAT differs more from the index.
Which is cheaper, TMAT or XDAT?: TMAT charges 0.79% a year and XDAT charges 0.50%, so XDAT is cheaper. Fees come from each fund's prospectus.

Other comparisons

TMAT vs XT TMAT vs ARKK TMAT vs ABOT TMAT vs BUYZ XDAT vs GTEK XDAT vs FRWD XDAT vs FDTX XDAT vs ILDR

Where to next

TMAT on its own →XDAT on its own →TMAT dividend history →TMAT holdings →XDAT dividend history →XDAT holdings →Method →Standards and sources →

Sources and dates

TMAT filings on SEC EDGAR ↗

TMAT prospectus with the expense ratio (SEC) ↗

Main website ↗

XDAT filings on SEC EDGAR ↗

XDAT prospectus with the expense ratio (SEC) ↗

Franklin 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.

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

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