TMAT vs. TRUT
TMAT (Main Thematic Innovation ETF) and TRUT (Vaneck Technology Trusector ETF) are both Technology Equities funds. TMAT is passively managed, while TRUT is actively managed. Their 0.78 correlation means they have sometimes moved together and sometimes differently. TMAT charges 1.49%/yr vs 0.13%/yr for TRUT.
Performance
TMAT vs. TRUT - Performance Comparison
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Returns By Period
In the year-to-date period, TMAT achieves a 13.29% return, which is significantly lower than TRUT's 16.06% return.
TMAT
- 1D
- 2.29%
- 1M
- -4.05%
- 6M
- 15.14%
- YTD
- 13.29%
- 1Y
- 18.36%
- 3Y*
- 23.09%
- 5Y*
- 4.21%
- 10Y*
- —
- ALL TIME*
- 2.40%
TRUT
- 1D
- 1.39%
- 1M
- 1.38%
- 6M
- 17.81%
- YTD
- 16.06%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.51M | $950.56K | $631.95K | |
| $14.69M | $9.27M | $6.33M |
TMAT vs. TRUT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TMAT Main Thematic Innovation ETF | 13.29% | 2.43% |
TRUT Vaneck Technology Trusector ETF | 16.06% | 9.76% |
Correlation
The correlation between TMAT and TRUT is 0.78, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 21, 2025 | 0.78 |
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Return for Risk
TMAT vs. TRUT — Risk / Return Rank
TMAT
TRUT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TMAT vs. TRUT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Main Thematic Innovation ETF (TMAT) and Vaneck Technology Trusector ETF (TRUT). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TMAT | TRUT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.13 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.85 | — | — |
| Martin ratioReturn relative to average drawdown | 1.90 | — | — |
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Drawdowns
TMAT vs. TRUT - Drawdown Comparison
The maximum TMAT drawdown since its inception was -58.55%, which is greater than TRUT's maximum drawdown of -18.55%. Use the drawdown chart below to compare losses from any high point for TMAT and TRUT.
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Drawdown Indicators
| TMAT | TRUT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.55% | -18.55% | -40.00% |
Max Drawdown (1Y)Largest decline over 1 year | -21.63% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -33.42% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -51.86% | — | — |
Current DrawdownCurrent decline from peak | -9.85% | -8.73% | -1.12% |
Average DrawdownAverage peak-to-trough decline | -31.43% | -5.75% | -25.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.71% | — | — |
Volatility
TMAT vs. TRUT - Volatility Comparison
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Volatility by Period
| TMAT | TRUT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.63% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 21.26% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 27.48% | 23.81% | +3.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.13% | 23.81% | +7.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.83% | 23.81% | +7.02% |
TMAT vs. TRUT - Expense Ratio Comparison
TMAT has a 1.49% expense ratio, which is higher than TRUT's 0.13% expense ratio.
Dividends
TMAT vs. TRUT - Dividend Comparison
TMAT's dividend yield for the trailing twelve months is around 0.02%, less than TRUT's 0.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
TMAT Main Thematic Innovation ETF | 0.02% | 0.02% | 0.00% | 0.00% | 0.34% | 0.20% |
TRUT Vaneck Technology Trusector ETF | 0.31% | 0.14% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TMAT and TRUT have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TRUT is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TRUT is cheaper with a 0.13% expense ratio, compared with 1.49% for TMAT.
TRUT has the higher dividend yield at 0.31%, compared with 0.02% for TMAT.
They also come from different issuers: Main and VanEck. Their fees differ too: 1.49% for TMAT and 0.13% for TRUT.
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