# TMAT (Main Thematic Innovation ETF)

Main · Thematic ETFs · data as of Sep 18, 2026

TMAT holds 88 stocks, and 54% of its weight is outside the S&P 500.

## Key facts

- TMAT, already in the S&P 500: 46.4%, as of Sep 18, 2026.
- TMAT, active share vs the S&P 500: 91.5%, as of Sep 18, 2026.
- TMAT, top ten holdings: 24.2%, as of Sep 18, 2026.
- TMAT, total return, 1 year: +3.5%, as of Sep 18, 2026.
- TMAT, net assets: $211m (SEC filing, whole fund, as filed for Apr 30, 2026).
- TMAT, expense ratio: 0.82% (485BPOS XBRL, Feb 24, 2026).

## TMAT over each window to Sep 18, 2026

| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
| --- | --- | --- | --- | --- |
| 3 months | −5.8% | +2.3% | −8.1 pts | −3.3 pts |
| 6 months | +21.2% | +18.0% | +3.1 pts | −3.1 pts |
| 1 year | +3.5% | +16.6% | −13.0 pts | −18.2 pts |
| 3 years | +105.6% | +78.4% | +27.2 pts | +7.4 pts |
| Since launch | +16.5% | +122.3% | −105.8 pts | −120.4 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Theme | Broad innovation and megatrends | ETFIQ, editorial |
| Launched | Jan 29, 2021 | ETFIQ |
| Already in the S&P 500, by weight | 46.4% | ETFIQ |
| Active share vs the S&P 500 | 91.5% | ETFIQ |
| Already in the Nasdaq-100, by weight | 22.9% | ETFIQ |
| Active share vs the Nasdaq-100 | 88.3% | ETFIQ |
| Top ten holdings weight | 24.2% | ETFIQ |
| Holdings | 88 | ETFIQ |
| Holdings as of | Apr 30, 2026 | SEC N-PORT |
| Top holdings | VICOR CORP 3.0%, MICRON TECHNOLOGY INC 2.8%, LUMENTUM HOLDINGS INC 2.8%, CIENA CORP 2.6%, PALO ALTO NETWORKS INC 2.5%, CLEAR SECURE INC 2.5%, KEYSIGHT TECHNOLOGIES INC 2.3%, MODINE MANUFACTURING COMPANY 1.9%, ADVANCED ENERGY INDUSTRIES INC 1.9%, AAON INC 1.9% | ETFIQ |
| Net assets | $211m | SEC filing, whole fund, as filed for Apr 30, 2026 |
| Below its all-time high | −9.0% | ETFIQ |
| Expense ratio | 0.82% | 485BPOS XBRL, Feb 24, 2026 |
| Fee for the part that differs from the S&P 500, active expense ratio | 0.90% | ETFIQ |
| Closest funds by holdings overlap | WTAI 19%, TSSD 18%, TRFM 18%, FITE 18%, TCAI 17% | ETFIQ |

## Questions

### How much of TMAT is in S&P 500 companies?

By its holdings filed for Apr 30, 2026, 46% of TMAT by weight is stocks the S&P 500 already holds. Its active share against the index is 92%, so that share is the part doing something different.

### What does TMAT hold?

88 positions as filed for Apr 30, 2026, with the top ten at 24% of the fund. The largest are VICOR CORP at 3.0%, MICRON TECHNOLOGY INC at 2.8%, LUMENTUM HOLDINGS INC at 2.8%.

### Has TMAT beaten the S&P 500?

Over the year to Sep 18, 2026 TMAT returned +3.5% with distributions reinvested, against +16.6% for the S&P 500, so it finished behind the index by 13.0 points.

### What does TMAT cost?

The prospectus expense ratio is 0.82% a year. Because 92% of the fund differs from the S&P 500, the fee on that differing part works out at 0.90%.


## Cite this page

ETFIQ, TMAT, data as of Sep 18, 2026. https://etfiq.com/funds/tmat
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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