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TMAT - AI Analysis
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Main Thematic Innovation ETF (TMAT)
Rating:66Neutral
Price Target:
$30.00
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)
AUM225.04M
RegionGlobal
Expense Ratio0.85%
Beta1.59
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. Volume22,256
30 Day Avg. Volume23,748
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
32.92Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering107
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 |
|---|---|---|---|---|---|---|
| Cloudflare | 4.26% | $9.57M | $79.24B | 150.21% | 69 Neutral | |
| Nvidia | 3.68% | $8.27M | $5.03T | 42.32% | 85 Outperform | |
| Oracle | 3.07% | $6.89M | $784.82B | 57.71% | 66 Neutral | |
| Nebius Group | 2.53% | $5.69M | $31.42B | 415.14% | 53 Neutral | |
| Snowflake | 2.26% | $5.07M | $91.37B | 126.66% | 69 Neutral | |
| Broadcom | 2.10% | $4.72M | $1.82T | 118.51% | 79 Outperform | |
| Rubrik, Inc. Class A | 2.09% | $4.70M | $14.20B | 68.83% | 54 Neutral | |
| CrowdStrike Holdings | 1.93% | $4.33M | $136.90B | 77.43% | 66 Neutral | |
| Zscaler | 1.85% | $4.16M | $50.81B | 73.28% | 71 Outperform | |
| Sea | 1.74% | $3.92M | $92.31B | 66.38% | 69 Neutral |
TMAT Technical Analysis
Positive
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Price Trends
26.94
Positive
25.36
Positive
22.63
Positive
Market Momentum
0.30
Negative
58.49
Neutral
90.39
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For TMAT, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 27.91, equal to the 50-day MA of 26.94, and equal to the 200-day MA of 22.63, indicating a bullish trend. The MACD of 0.30 indicates Negative momentum. The RSI at 58.49 is Neutral, neither overbought nor oversold. The STOCH value of 90.39 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TMAT.
TMAT Peer Comparison
Comparison Results
Performance Comparison
TMAT
Main Thematic Innovation ETF
28.43
9.95
53.84%
ARKX
ARK Space Exploration & Innovation ETF
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WGMI
Valkyrie Bitcoin Miners ETF
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ILDR
First Trust Innovation Leaders ETF
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SPRX
Spear Alpha ETF
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FFND
Future Fund Active ETF
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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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