TMAT - ETF AI Analysis
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Main Thematic Innovation ETF (TMAT)
Rating:70Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown solid gains so far this year and over the past month, indicating positive recent momentum.
Leading Innovative Holdings
Several of the top positions, such as Vicor, Lumentum, Ciena, Micron, and Advanced Energy, have delivered strong year-to-date performance, helping drive the fund’s returns.
Focused Yet Diversified Sectors
While the fund emphasizes technology and industrials, it also includes materials, health care, and other sectors, providing some diversification 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 eaten up by fees over time.
Heavy U.S. Concentration
With nearly all assets invested in U.S. companies, the ETF offers very limited geographic diversification and is highly tied to the U.S. market.
Sector Concentration Risk
Almost half of the portfolio is in technology and a large portion in industrials, so a downturn in these areas could have an outsized impact on the fund.
TMAT vs. SPDR S&P 500 ETF (SPY)
AUM210.75M
RegionGlobal
Expense Ratio0.82%
Beta1.58
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. Volume20,462
30 Day Avg. Volume20,948
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
30.58Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering89
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 innovative themes rather than tracking a traditional index. It focuses mainly on U.S. companies in technology and industrials that benefit from trends like artificial intelligence, robotics, renewable energy, and biotechnology. Well-known holdings include Palo Alto Networks and Micron. Someone might invest in TMAT to seek long-term growth by spreading money across many cutting-edge companies in one fund. However, because it leans heavily on fast-changing tech and innovation sectors, its price can be quite volatile and may go up or down sharply.
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 names like Vicor, Lumentum, Ciena, and Micron are doing much of the heavy lifting, all showing rising momentum tied to AI, cloud, and advanced chips. Keysight and Advanced Energy add more steady tech-and-industrials punch, helping keep the wind at the fund’s back. On the softer side, Palo Alto Networks looks more mixed, losing a bit of steam lately, while Bentley Systems has been lagging and quietly tugging on performance. Overall, it’s a globally focused, innovation-first portfolio with clear tech and industrials concentration.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Vicor | 2.96% | $6.20M | $12.41B | 421.27% | 73 Outperform | |
| Micron | 2.84% | $5.94M | $560.17B | 567.72% | 79 Outperform | |
| Lumentum Holdings | 2.61% | $5.46M | $62.95B | 1330.89% | 61 Neutral | |
| Palo Alto Networks | 2.59% | $5.41M | $145.69B | 0.75% | 73 Outperform | |
| Clear Secure | 2.53% | $5.30M | $7.31B | 118.44% | 77 Outperform | |
| Ciena | 2.50% | $5.23M | $73.64B | 661.64% | 70 Outperform | |
| Keysight Technologies | 2.19% | $4.58M | $59.50B | 136.65% | 77 Outperform | |
| Advanced Energy | 1.91% | $3.99M | $14.73B | 290.01% | 67 Neutral | |
| Modine | 1.86% | $3.89M | $13.27B | 204.02% | 68 Neutral | |
| Aaon | 1.84% | $3.86M | $8.15B | 3.21% | 62 Neutral |
TMAT Technical Analysis
Positive
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Price Trends
24.62
Positive
24.86
Positive
25.53
Positive
Market Momentum
0.57
Negative
65.59
Neutral
67.60
Neutral
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 25.47, equal to the 50-day MA of 24.62, and equal to the 200-day MA of 25.53, indicating a bullish trend. The MACD of 0.57 indicates Negative momentum. The RSI at 65.59 is Neutral, neither overbought nor oversold. The STOCH value of 67.60 is Neutral, 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
26.71
7.51
39.11%
BKGI
BNY Mellon Global Infrastructure Income ETF
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CCNR
CoreCommodity 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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YNOT
Horizon Digital Frontier 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.
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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