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TMAT vs. QTUM-USD
Performance
Return for Risk
Drawdowns
Volatility

Performance

TMAT vs. QTUM-USD - Performance Comparison

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

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Returns By Period

In the year-to-date period, TMAT achieves a 24.35% return, which is significantly higher than QTUM-USD's -39.34% return.


TMAT

1D
2.35%
1M
16.43%
YTD
24.35%
6M
21.41%
1Y
48.13%
3Y*
29.33%
5Y*
6.35%
10Y*

QTUM-USD

1D
-5.60%
1M
-6.79%
YTD
-39.34%
6M
-46.74%
1Y
-60.73%
3Y*
-32.78%
5Y*
-42.02%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

TMAT vs. QTUM-USD - Yearly Performance Comparison


2026 (YTD)20252024202320222021
TMAT
Main Thematic Innovation ETF
24.35%20.06%27.20%32.32%-39.29%-17.01%
QTUM-USD
QTUM
-39.34%-55.51%-19.33%103.93%-79.08%162.97%

Correlation

The correlation between TMAT and QTUM-USD is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.30

Correlation (3Y)
Calculated over the trailing 3-year period

0.30

Correlation (5Y)
Calculated over the trailing 5-year period

0.31

Correlation (All Time)
Calculated using the full available price history since Jan 30, 2021

0.31

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Return for Risk

TMAT vs. QTUM-USD — Risk / Return Rank

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

TMAT
TMAT Risk / Return Rank: 4848
Overall Rank
TMAT Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
TMAT Sortino Ratio Rank: 5353
Sortino Ratio Rank
TMAT Omega Ratio Rank: 5151
Omega Ratio Rank
TMAT Calmar Ratio Rank: 4646
Calmar Ratio Rank
TMAT Martin Ratio Rank: 3434
Martin Ratio Rank

QTUM-USD
QTUM-USD Risk / Return Rank: 3232
Overall Rank
QTUM-USD Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
QTUM-USD Sortino Ratio Rank: 3636
Sortino Ratio Rank
QTUM-USD Omega Ratio Rank: 3737
Omega Ratio Rank
QTUM-USD Calmar Ratio Rank: 3232
Calmar Ratio Rank
QTUM-USD Martin Ratio Rank: 2222
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.

TMAT vs. QTUM-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Main Thematic Innovation ETF (TMAT) and QTUM (QTUM-USD). 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.


TMATQTUM-USDDifference

Sharpe ratio

Return per unit of total volatility

2.00

-0.76

+2.76

Sortino ratio

Return per unit of downside risk

2.58

-1.08

+3.66

Omega ratio

Gain probability vs. loss probability

1.32

0.89

+0.43

Calmar ratio

Return relative to maximum drawdown

2.29

-1.13

+3.43

Martin ratio

Return relative to average drawdown

5.39

-1.52

+6.91

TMAT vs. QTUM-USD - Sharpe Ratio Comparison

The current TMAT Sharpe Ratio is 2.00, which is higher than the QTUM-USD Sharpe Ratio of -0.76. The chart below compares the historical Sharpe Ratios of TMAT and QTUM-USD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


TMATQTUM-USDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.00

-0.76

+2.76

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.21

-0.45

+0.65

Sharpe Ratio (All Time)

Calculated using the full available price history

0.15

-0.23

+0.37

Drawdowns

TMAT vs. QTUM-USD - Drawdown Comparison

The maximum TMAT drawdown since its inception was -58.55%, smaller than the maximum QTUM-USD drawdown of -99.16%. Use the drawdown chart below to compare losses from any high point for TMAT and QTUM-USD.


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Drawdown Indicators


TMATQTUM-USDDifference

Max Drawdown

Largest peak-to-trough decline

-58.55%

-99.16%

+40.61%

Max Drawdown (1Y)

Largest decline over 1 year

-21.63%

-74.30%

+52.67%

Max Drawdown (3Y)

Largest decline over 3 years

-33.42%

-86.04%

+52.62%

Max Drawdown (5Y)

Largest decline over 5 years

-52.10%

-95.52%

+43.42%

Current Drawdown

Current decline from peak

0.00%

-99.14%

+99.14%

Average Drawdown

Average peak-to-trough decline

-32.24%

-93.27%

+61.03%

Ulcer Index

Depth and duration of drawdowns from previous peaks

9.21%

49.77%

-40.56%

Volatility

TMAT vs. QTUM-USD - Volatility Comparison

The current volatility for Main Thematic Innovation ETF (TMAT) is 7.12%, while QTUM (QTUM-USD) has a volatility of 17.06%. This indicates that TMAT experiences smaller price fluctuations and is considered to be less risky than QTUM-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


TMATQTUM-USDDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.12%

17.06%

-9.94%

Volatility (6M)

Calculated over the trailing 6-month period

16.97%

50.05%

-33.08%

Volatility (1Y)

Calculated over the trailing 1-year period

24.25%

66.37%

-42.12%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

30.54%

78.42%

-47.88%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

30.63%

99.44%

-68.81%

Frequently Asked Questions


TMAT and QTUM-USD have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

QTUM-USD has higher volatility (17.06%) compared to TMAT (7.12%). In terms of maximum drawdown, TMAT dropped -58.55% vs QTUM-USD's -99.16%.

TMAT currently has the higher Sharpe Ratio (2.00 vs -0.76), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

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