TMAT vs. ENTR

Last updated Apr 1, 2026

Compare and contrast key facts about Main Thematic Innovation ETF (TMAT) and ERShares Entrepreneurs ETF (ENTR).

TMAT and ENTR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TMAT is a passively managed fund by Main Management that tracks the performance of the MSCI ACWI Index. It was launched on Jan 29, 2021. ENTR is a passively managed fund by Capital Impact Advisors that tracks the performance of the Entrepreneur 30 Index. It was launched on Nov 8, 2017. Both TMAT and ENTR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

TMAT vs. ENTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Main Thematic Innovation ETF (TMAT) and ERShares Entrepreneurs ETF (ENTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TMAT

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

ENTR

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TMAT vs. ENTR - Expense Ratio Comparison

TMAT has a 1.49% expense ratio, which is higher than ENTR's 0.49% expense ratio.

TMAT

Main Thematic Innovation ETF

ENTR

ERShares Entrepreneurs ETF

Return for Risk

TMAT vs. ENTR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TMAT

TMAT Risk / Return Rank: 54
TMAT Sharpe Ratio Rank: 61
TMAT Sortino Ratio Rank: 63
TMAT Omega Ratio Rank: 57
TMAT Calmar Ratio Rank: 53
TMAT Martin Ratio Rank: 37

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.

TMAT vs. ENTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Main Thematic Innovation ETF (TMAT) and ERShares Entrepreneurs ETF (ENTR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	TMAT	ENTR	Difference
Sharpe ratio Return per unit of total volatility	1.05	—	—
Sortino ratio Return per unit of downside risk	1.58	—	—
Omega ratio Gain probability vs. loss probability	1.21	—	—
Calmar ratio Return relative to maximum drawdown	1.34	—	—
Martin ratio Return relative to average drawdown	3.34	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	TMAT	ENTR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.05	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.02	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.04	—	—

Dividends

TMAT vs. ENTR - Dividend Comparison

TMAT's dividend yield for the trailing twelve months is around 0.02%, while ENTR has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021
TMAT Main Thematic Innovation ETF	0.02%	0.02%	0.00%	0.00%	0.34%	0.20%
ENTR ERShares Entrepreneurs ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Volatility

Volatility by Period

	TMAT	ENTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.90%	—	—
Volatility (6M) Calculated over the trailing 6-month period	18.68%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	29.80%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.48%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.78%	—	—