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TMAT's Sortino Ratio of 2.58 indicates that for each unit of downside volatility, it generates 2.58 units of excess return. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 3, 2026).

Unlike other measures, Sortino only focuses on downside volatility (losses), making it particularly useful for investors more concerned about protecting against drawdowns than overall price swings.

TMAT Sortino Ratio Rank


TMAT Sortino Ratio Rank: 53.053
Average

TMAT ranks above 53.0% of all investments in our database based on Sortino Ratio over the past 12 months, indicating moderate downside protection relative to peers. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with minimal downside volatility → Higher rank
  • Severe or frequent drawdowns → Lower rank
  • Upside volatility → No impact (Sortino doesn't penalize upside swings)

What you can do with this information

  • Returns are proportional to downside risk—neither strong nor weak
  • Evaluate whether downside volatility aligns with your risk tolerance
  • Review higher-ranked alternatives in the same category
  • Monitor rank direction to identify improving or deteriorating trends

TMAT Sortino Ratio Market Positioning

The chart shows TMAT's Sortino Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better downside-adjusted returns.


  • Red zone (bottom 25%): 1.37 or lower
  • Yellow zone (middle 50%): 1.37 to 3.47
  • Green zone (top 25%): 3.47 or higher
  • Top 1%: 13.03+
  • Median: 2.49 — half of all investments score higher

How it compares to other similar ETFs

The table compares Main Thematic Innovation ETF's Sortino Ratio with other ETFs in the Technology Equities category across multiple time periods, showing how TMAT's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 3, 2026.


SymbolName1Y Sortino Ratio5Y Sortino Ratio10Y Sortino RatioAll Time Sortino Ratio
CHPSXtrackers Semiconductor Select Equity ETF6.05
NXTGFirst Trust IndXX NextG ETF5.85
KNCTInvesco Next Gen Connectivity ETF5.85
AISVistaShares Artificial Intelligence Supercycle ETF5.83
FTXLFirst Trust Nasdaq Semiconductor ETF5.79
UFOXDefiance Connective Technologies ETF5.70
SOXXiShares Semiconductor ETF5.40
AIVCAmplify Bloomberg AI Value Chain ETF5.40
SMHVanEck Semiconductor ETF5.29
SOXQInvesco PHLX Semiconductor ETF5.28
TMATMain Thematic Innovation ETF2.58

S&P 500 Index

How to choose period

Historical Sortino Ratio

The chart shows TMAT's rolling Sortino ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to downside risk, while declining trends may signal deteriorating risk-adjusted performance or increased volatility during market stress. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when TMAT consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.


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Sortino Ratio Calculator

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