TMAT - ETF AI Analysis
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Main Thematic Innovation ETF (TMAT)
Rating:69Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered strong gains so far this year, showing solid momentum for investors who have held it over this period.
Leading Tech and Cybersecurity Holdings
Several of the largest positions in areas like semiconductors and cybersecurity have shown strong performance, helping drive the fund’s returns.
Thematic Diversification Across Multiple Sectors
While technology is the main focus, the fund also holds industrials, health care, and materials, which helps spread risk across different parts of the economy.
Negative Factors
High Expense Ratio
The fund’s expense ratio is relatively high for an ETF, which means more of the returns are used to cover fees instead of going to investors.
Heavy U.S. Concentration
Almost all of the ETF’s assets are invested in U.S. companies, offering very limited geographic diversification.
Short-Term Volatility
The recent weak one-month performance compared with stronger three-month and year-to-date results suggests the fund can be quite volatile over shorter periods.
TMAT vs. SPDR S&P 500 ETF (SPY)
AUM234.23M
RegionGlobal
Expense Ratio0.82%
Beta1.59
IssuerMain Funds
Inception DateJan 29, 2021
Dividend Yield0.02%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume54,366
30 Day Avg. Volume22,187
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
35.98Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering88
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
TMAT Summary
The Main Thematic Innovation ETF (TMAT) is an exchange-traded fund that invests in companies tied to big future-focused themes instead of tracking a traditional index. It mainly holds U.S. stocks in areas like technology, industrials, and health care, with a strong tilt toward innovative businesses. Well-known holdings include Micron and Advanced Micro Devices (AMD), which are key players in computer chips and advanced computing. Someone might invest in TMAT for long-term growth and exposure to trends like artificial intelligence and cybersecurity. A key risk is that it’s heavily focused on tech and innovation, so its price can swing a lot and may drop sharply if these sectors fall out of favor.
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 leaning hard into innovation, with a clear tilt toward U.S. tech and cybersecurity names. Micron and AMD are key engines here, riding the AI and chip boom, though Micron’s recent wobble shows the ride isn’t perfectly smooth. Palo Alto Networks and CrowdStrike are steadily pulling their weight, helping anchor the fund’s cyber theme, while Fortinet adds support despite some mixed technical signals. On the weaker side, Vicor and Lumentum have been lagging lately, acting as small speed bumps in an otherwise forward-looking, globally themed portfolio.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Palo Alto Networks | 4.41% | $10.03M | $259.99B | 71.64% | 73 Outperform | |
| Micron | 3.97% | $9.02M | $926.70B | 544.06% | 79 Outperform | |
| CrowdStrike Holdings | 2.72% | $6.18M | $185.12B | 54.92% | 67 Neutral | |
| Clear Secure | 2.69% | $6.10M | $7.20B | 96.33% | 77 Outperform | |
| Fortinet | 2.60% | $5.92M | $109.88B | 50.64% | 71 Outperform | |
| Hinge Health, Inc. Class A | 2.17% | $4.93M | $5.82B | 64.47% | 70 Outperform | |
| Bentley Systems | 2.05% | $4.65M | $10.89B | -36.36% | 71 Outperform | |
| Vicor | 2.00% | $4.55M | $8.76B | 298.96% | 73 Outperform | |
| Advanced Micro Devices | 1.94% | $4.40M | $741.30B | 139.30% | 73 Outperform | |
| Rubrik, Inc. Class A | 1.93% | $4.38M | $14.71B | -24.64% | 50 Neutral |
TMAT Technical Analysis
Negative
―
Price Trends
29.26
Negative
27.30
Positive
26.48
Positive
Market Momentum
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 28.70, equal to the 50-day MA of 29.26, and equal to the 200-day MA of 26.48, indicating a neutral trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TMAT.
TMAT Peer Comparison
Comparison Results
Performance Comparison
TMAT
Main Thematic Innovation ETF
27.60
2.95
11.97%
ALAI
Alger AI Enablers & Adopters ETF
―
―
―
ILDR
First Trust Innovation Leaders ETF
―
―
―
SPRX
Spear Alpha ETF
―
―
―
NBDS
Neuberger Berman Disrupters ETF
―
―
―
YNOT
Horizon Digital Frontier 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.
DisclaimerThis 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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