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BCSMvsTMATETF Comparison
Baron SMID Cap ETF (BCSM) belongs to the US Multi-Factor segment. Main Thematic Innovation ETF (TMAT) is part of the Multiple Trends segment. BCSM's top 3 sector exposures are Industrials, Information Technology and Health Care. In contrast, TMAT's top sector exposures are Information Technology, Industrials and Health Care. BCSM is less expensive with a Total Expense Ratio (TER) of 0.75%, versus 0.85% for TMAT. BCSM is down -4.47% year-to-date (YTD) with +$3M in YTD flows. TMAT performs better with -2.64% YTD performance, and +$3M in YTD flows. Run a side-by-side ETF comparison of BCSM and TMAT below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
BCSM vs TMAT performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | BCSM TMAT | -1.29%+1.25% | -5.02%-7.93% | -4.47%-2.64% | n/a+35.74% | n/a+89.89% | n/a+4.41% |
| Flows | BCSM TMAT | +$919K-$476K | +$19M-$9M | +$3M+$3M | -+$19M | -+$34M | -+$96M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | BCSM TMAT | +18.42%+22.80% | n/a+30.72% | n/a+27.78% | n/a+30.56% |
| Max drawdown | BCSM TMAT | -11.12%-12.13% | n/a-21.07% | n/a-33.46% | n/a-52.69% |
| Max drawdown duration | BCSM TMAT | 54d90d | n/a46d | n/a129d | n/a1584d |
BCSM | TMAT | |
Last sale 3/12/2026 at 7:07 PM | $22.30 | $24.18 |
| Previous close 03/11/2026 | $22.87 | $24.34 |
| Consolidated volume 03/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
BCSM | TMAT | |
|---|---|---|
| Last price | $22.30 | $24.18 |
| 1D performance | -2.49% | -0.65% |
| AuM | $17.96 M | $192.86 M |
| E/R | 0.75% | 0.85% |
BCSM | TMAT | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Baron Capital | Main Management ETF Advisors |
| Benchmark | - | - |
| N° of holdings | 39 | 86 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 12, 2025 | January 29, 2021 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the BCSM and TMAT ETFs performed in 2026?
As of March 10, 2026, BCSM is down -4.47% year-to-date (YTD), while TMAT has lost -2.64%. That puts TMAT better performer ahead so far this year.
Which ETF is attracting more investor money: BCSM or TMAT?
Year-to-date, the BCSM ETF saw +$3M in flows, compared to +$3M for TMAT.
Which ETF is bigger: BCSM or TMAT?
As of March 10, 2026, BCSM holds $17.96 M in assets under management (AUM), while TMAT manages $192.86 M.
What sectors do the BCSM and TMAT ETFs invest in?
BCSM leans toward sectors like Industrials, Information Technology and Health Care. Meanwhile, TMAT focuses on Information Technology, Industrials and Health Care.
What are the top holdings of the BCSM ETF and TMAT ETF?
BCSM top holdings include MERCURY SYSTEMS INC, US19247G1076 and BOOZ ALLEN HAMILTON HOLDING. TMAT holds in its top three: MICRON TECHNOLOGY, FAIR ISAAC and CLEAR SECURE.
Which ETF is more diversified: BCSM or TMAT?
BCSM holds 40 securities with 35.14% of its assets in the top 15. TMAT has 88 securities and a top 15 weight of 26.39%.
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