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Main Thematic Innovation ETF (TMAT)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US66538H2783
CUSIP
66538H278
Inception Date
Jan 29, 2021
Region
Global (Broad)
Leveraged
1x (No leverage)
Index Tracked
MSCI ACWI Index
Domicile
United States
Distribution Policy
Distributing
Asset Class
Equity

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Main Thematic Innovation ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Main Thematic Innovation ETF (TMAT) has returned -7.28% so far this year and 31.19% over the past 12 months.


Main Thematic Innovation ETF

1D
3.34%
1M
-6.40%
YTD
-7.28%
6M
-14.30%
1Y
31.19%
3Y*
17.95%
5Y*
-0.47%
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jan 29, 2021, TMAT's average daily return is +0.01%, while the average monthly return is +0.21%. At this rate, your investment would double in approximately 27.5 years.

Historically, 50% of months were positive and 50% were negative. The best month was Nov 2024 with a return of +21.5%, while the worst month was Apr 2022 at -15.0%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 8 months.

On a daily basis, TMAT closed higher 52% of trading days. The best single day was Apr 9, 2025 with a return of +12.4%, while the worst single day was Jun 13, 2022 at -7.1%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-2.32%1.42%-6.40%-7.28%
20254.34%-6.35%-13.16%4.97%12.01%12.32%5.59%3.31%6.26%5.49%-9.60%-3.08%20.06%
2024-5.44%10.46%2.45%-9.29%4.78%3.25%0.98%-1.90%4.34%1.29%21.49%-4.77%27.20%
202316.56%-6.62%4.90%-5.27%3.88%6.76%9.12%-10.03%-6.82%-5.47%14.39%11.50%32.32%
2022-13.71%-1.05%-1.19%-14.96%-2.32%-7.91%10.51%-2.29%-12.05%-1.24%9.08%-8.05%-39.29%
20210.66%-5.44%1.23%-3.16%4.27%-4.71%2.26%-6.56%8.20%-6.70%-7.20%-17.01%

Benchmark Metrics

Main Thematic Innovation ETF has an annualized alpha of -13.57%, beta of 1.47, and R² of 0.65 versus S&P 500 Index. Calculated based on daily prices since February 01, 2021.

  • This ETF participated in 145.81% of S&P 500 Index downside but only 97.24% of its upside — more exposed to losses than it benefited from rallies.
  • This ETF had an annualized alpha of -13.57% versus S&P 500 Index — delivering less than market exposure alone would predict.

Alpha
-13.57%
Beta
1.47
0.65
Upside Capture
97.24%
Downside Capture
145.81%

Expense Ratio

TMAT has a high expense ratio of 1.49%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

TMAT ranks 51 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


TMAT Risk / Return Rank: 5151
Overall Rank
TMAT Sharpe Ratio Rank: 5757
Sharpe Ratio Rank
TMAT Sortino Ratio Rank: 6060
Sortino Ratio Rank
TMAT Omega Ratio Rank: 5353
Omega Ratio Rank
TMAT Calmar Ratio Rank: 5050
Calmar Ratio Rank
TMAT Martin Ratio Rank: 3636
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Main Thematic Innovation ETF (TMAT) and compare them to a chosen benchmark (S&P 500 Index).


TMATBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.05

0.90

+0.16

Sortino ratio

Return per unit of downside risk

1.58

1.39

+0.20

Omega ratio

Gain probability vs. loss probability

1.21

1.21

0.00

Calmar ratio

Return relative to maximum drawdown

1.34

1.40

-0.05

Martin ratio

Return relative to average drawdown

3.34

6.61

-3.26

Explore TMAT risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Main Thematic Innovation ETF provided a 0.02% dividend yield over the last twelve months, with an annual payout of $0.01 per share.


0.00%0.05%0.10%0.15%0.20%0.25%0.30%0.35%$0.00$0.01$0.02$0.03$0.0420212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021
Dividend$0.01$0.01$0.00$0.00$0.04$0.04

Dividend yield

0.02%0.02%0.00%0.00%0.34%0.20%

Monthly Dividends

The table displays the monthly dividend distributions for Main Thematic Innovation ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.01$0.01
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.04$0.04
2021$0.02$0.00$0.00$0.00$0.00$0.00$0.02$0.04

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Main Thematic Innovation ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Main Thematic Innovation ETF was 58.55%, occurring on Oct 14, 2022. Recovery took 734 trading sessions.

The current Main Thematic Innovation ETF drawdown is 19.01%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-58.55%Feb 16, 2021421Oct 14, 2022734Sep 19, 20251155
-21.63%Oct 10, 2025117Mar 30, 2026
-3.88%Sep 23, 20253Sep 25, 20257Oct 6, 202510
-1.35%Oct 7, 20251Oct 7, 20251Oct 8, 20252
-0.46%Feb 11, 20211Feb 11, 20211Feb 12, 20212

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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