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TMAT - ETF AI Analysis
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Main Thematic Innovation ETF (TMAT)
Rating:70Neutral
Price Target:―
Positive Factors
Innovation-Focused Tech Exposure
More than half of the fund is invested in technology and related innovative companies, giving investors targeted exposure to growth-oriented themes.
Multiple Growth Drivers in Top Holdings
Several of the largest positions, such as Micron, Nebius Group, and Coherent, have shown strong recent performance, helping support the fund’s return potential.
Meaningful Size for a Thematic Fund
With over $200 million in assets, the ETF is large enough to offer reasonable trading liquidity for most everyday investors.
Negative Factors
High Expense Ratio
The fund’s relatively high fee means more of the investment return goes to costs instead of staying in investors’ pockets.
Recent Weak Performance
The ETF has shown weak returns over the past one and three months, indicating recent pressure on its strategy and holdings.
Heavy U.S. and Tech Concentration
The portfolio is heavily concentrated in U.S. technology stocks, which increases sensitivity to downturns in that sector and region.
TMAT vs. SPDR S&P 500 ETF (SPY)
AUM192.86M
RegionGlobal
Expense Ratio0.82%
Beta1.64
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. Volume19,831
30 Day Avg. Volume37,959
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
30.40Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering100
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
TMAT Summary
TMAT (Main Thematic Innovation ETF) is an actively managed fund that invests in companies tied to big future themes rather than tracking a traditional index. It focuses on areas like artificial intelligence, robotics, renewable energy, and biotechnology, with a heavy tilt toward U.S. technology and health care stocks. Well-known holdings include Nvidia and Oracle. Someone might invest in TMAT to seek long-term growth from innovative companies and to get broad exposure to several cutting-edge trends in one fund. A key risk is that it is heavily focused on fast-changing tech-related sectors, so its price can be very volatile and may drop sharply at times.
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 tech-heavy lineup where Micron, Lumentum, and Ciena are doing much of the heavy lifting as their AI and networking stories keep the stocks rising. GE Vernova and AAON add an industrial and clean-energy twist, also trending positively and giving the fund a broader innovation backbone. On the flip side, Fair Isaac, Insulet, and Sportradar have been lagging, acting like sandbags on performance. Overall, it’s a globally focused, tech-and-industrials-driven play on disruptive themes rather than a plain-vanilla market fund.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Clear Secure | 3.03% | $5.85M | $5.94B | 79.02% | 77 Outperform | |
| Micron | 2.36% | $4.55M | $471.24B | 352.68% | 79 Outperform | |
| Lumentum Holdings | 2.21% | $4.26M | $47.98B | 949.67% | 61 Neutral | |
| Fair Isaac | 2.11% | $4.07M | $27.64B | -25.40% | 69 Neutral | |
| Sportradar Group AG | 1.94% | $3.74M | $5.61B | -11.26% | 67 Neutral | |
| Autodesk | 1.88% | $3.62M | $53.14B | -0.01% | 74 Outperform | |
| Keysight Technologies | 1.87% | $3.60M | $48.75B | 89.58% | 77 Outperform | |
| Ciena | 1.80% | $3.47M | $48.07B | 411.97% | 70 Outperform | |
| Insulet | 1.76% | $3.39M | $16.81B | -3.85% | 70 Outperform | |
| GE Vernova Inc. | 1.72% | $3.32M | $228.47B | 183.80% | 69 Neutral |
TMAT Technical Analysis
Negative
―
Price Trends
24.78
Negative
25.55
Negative
25.12
Negative
Market Momentum
-0.05
Negative
45.75
Neutral
42.71
Neutral
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 24.32, equal to the 50-day MA of 24.78, and equal to the 200-day MA of 25.12, indicating a bearish trend. The MACD of -0.05 indicates Negative momentum. The RSI at 45.75 is Neutral, neither overbought nor oversold. The STOCH value of 42.71 is Neutral, 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
24.15
5.53
29.70%
BLOK
Amplify Transformational Data Sharing Etf
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BKGI
BNY Mellon Global Infrastructure Income ETF
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MGNR
American Beacon GLG Natural Resources ETF
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ILDR
First Trust Innovation Leaders ETF
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SPRX
Spear Alpha 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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