TMAT - ETF AI Analysis

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Main Thematic Innovation ETF (TMAT)

Rating:65Neutral

Price Target:

$29.00

The Main Thematic Innovation ETF (TMAT) has a solid overall rating, reflecting its focus on innovative companies with strong growth potential. Nvidia, one of its top holdings, significantly boosts the fund's rating due to its exceptional performance in AI and data center growth, supported by bullish momentum. However, weaker holdings like Rubrik and Nebius Group, which face financial instability and valuation concerns, slightly weigh down the overall score. Investors should also note the potential risk of sector concentration in high-growth tech, which may lead to volatility.

Positive Factors

Strong Top Holdings

Several key holdings, such as Cloudflare, Nvidia, and Oracle, have shown strong year-to-date performance, driving the fund's overall returns.

Sector Focus on Growth Industries

The ETF is heavily weighted in high-growth sectors like Technology and Health Care, which have strong potential for long-term gains.

Solid Year-to-Date Performance

The ETF has delivered strong year-to-date returns, indicating positive momentum in its portfolio.

Negative Factors

High Expense Ratio

The ETF charges a relatively high expense ratio compared to many other funds, which can eat into investor returns over time.

Geographic Over-Concentration

With nearly all of its exposure in U.S. companies, the ETF lacks diversification across global markets.

Recent Short-Term Underperformance

The ETF has experienced negative performance over the past month, which could signal short-term volatility.

TMAT vs. SPDR S&P 500 ETF (SPY)

AUM202.06M

RegionGlobal

Expense Ratio0.85%

Beta1.63

IssuerMain Funds

Inception DateJan 29, 2021

Dividend YieldN/A

Asset ClassEquity

Index TrackedNo Underlying Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume38,888

30 Day Avg. Volume26,520

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

34.16

Price Target Upside― Downside

Rating ConsensusStrong Buy

Number of Analyst Covering107

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

TMAT Summary

The Main Thematic Innovation ETF (TMAT) is designed to invest in companies driving innovation across industries like technology, health care, and renewable energy. It focuses on themes such as artificial intelligence and robotics, offering exposure to cutting-edge trends shaping the future. Some well-known companies in this ETF include Nvidia and Cloudflare, which are leaders in tech innovation. TMAT could be a good choice for investors seeking growth opportunities and diversification in emerging sectors. However, it’s important to note that this ETF is heavily weighted in technology, meaning its performance can be sensitive to changes in the tech industry.

How much will it cost me?The Main Thematic Innovation ETF (TMAT) has an expense ratio of 0.85%, which means you’ll pay $8.50 per year for every $1,000 invested. This is higher than average because TMAT is actively managed, focusing on identifying and investing in innovative and transformative companies across various sectors. Active management typically involves higher costs due to the research and expertise required.

What would affect this ETF?The TMAT ETF, with its focus on innovative sectors like technology, healthcare, and renewable energy, could benefit from continued advancements in artificial intelligence, robotics, and biotechnology, as well as increased global demand for sustainable solutions. However, it may face challenges from rising interest rates, which can impact growth-focused companies, and potential regulatory changes in technology and healthcare industries that could affect its top holdings like Nvidia and Oracle. Global economic uncertainty could also influence the performance of the ETF’s diverse portfolio.

TMAT Top 10 Holdings

TMAT is heavily tilted toward technology, with names like Nvidia and Snowflake leading the charge thanks to their strategic focus on AI and strong earnings momentum. Broadcom also adds steady growth with its AI semiconductor business, though valuation concerns linger. On the flip side, Oracle's cloud services growth is promising but recent bearish signals and leverage issues are holding it back. Meanwhile, Rubrik and Sea are dragging performance with weak technical indicators and profitability challenges. Overall, TMAT’s global portfolio is riding the innovation wave but remains vulnerable to sector-specific volatility.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
NET	Cloudflare	4.24%	$8.54M	$70.85B	103.93%	58 Neutral
NVDA	Nvidia	3.77%	$7.59M	$4.53T	23.36%	76 Outperform
ORCL	Oracle	2.73%	$5.50M	$626.78B	15.59%	64 Neutral
SNOW	Snowflake	2.44%	$4.92M	$85.65B	97.11%	69 Neutral
AVGO	Broadcom	2.18%	$4.39M	$1.62T	108.58%	76 Outperform
RBRK	Rubrik, Inc. Class A	2.14%	$4.32M	$13.76B	52.38%	41 Neutral
NBIS	Nebius Group	2.13%	$4.30M	$21.42B	338.45%	50 Neutral
CRWD	CrowdStrike Holdings	2.05%	$4.13M	$132.95B	45.40%	73 Outperform
ZS	Zscaler	1.87%	$3.77M	$46.69B	43.43%	71 Outperform
SE	Sea	1.82%	$3.67M	$79.65B	28.66%	69 Neutral

TMAT Technical Analysis

Technical Analysis Sentiment

Negative

Last Price―

Price Trends

50DMA

27.35

Negative

100DMA

26.02

Negative

200DMA

23.01

Positive

Market Momentum

MACD

-0.62

Positive

RSI

33.09

Neutral

STOCH

10.62

Positive

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For TMAT, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 27.06, equal to the 50-day MA of 27.35, and equal to the 200-day MA of 23.01, indicating a neutral trend. The MACD of -0.62 indicates Positive momentum. The RSI at 33.09 is Neutral, neither overbought nor oversold. The STOCH value of 10.62 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TMAT.

TMAT Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
TMAT	―	―	$202.06M	0.85%	65 Neutral
ARKX	―	―	$439.31M	0.75%	66 Neutral
BKGI	―	―	$341.21M	0.55%	63 Neutral
ILDR	―	―	$201.87M	0.76%	69 Neutral
SPRX	―	―	$139.32M	0.75%	64 Neutral
FFND	―	―	$105.50M	1.00%	69 Neutral

Performance Comparison

TMAT

Main Thematic Innovation ETF

25.07

4.44

21.52%

ARKX

ARK Space Exploration & Innovation ETF

―

BKGI

BNY Mellon Global Infrastructure Income ETF

―

ILDR

First Trust Innovation Leaders ETF

―

SPRX

Spear Alpha ETF

―

FFND

Future Fund Active ETF

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―

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