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TMATvsFADETF Comparison

ETF 1

TMAT

Main Thematic Innovation ETF

This fund is part of

Multiple Trends

+2.51%

Full TMAT fund page

VS

ETF 2

FAD

First Trust Multi Cap Growth AlphaDEX Fund ETF

This fund is part of

US Multi-Factor

+1.06%

Full FAD fund page

Main Thematic Innovation ETF (TMAT) belongs to the Multiple Trends segment. First Trust Multi Cap Growth AlphaDEX Fund ETF (FAD) is part of the US Multi-Factor segment. TMAT's top 3 sector exposures are Information Technology, Industrials and Materials. In contrast, FAD's top sector exposures are Industrials, Information Technology and Health Care. TMAT is more expensive with a Total Expense Ratio (TER) of 0.85%, versus 0.63% for FAD. TMAT is up 21.3% year-to-date (YTD) with +$8M in YTD flows. FAD performs worse with 17.59% YTD performance, and +$97M in YTD flows. Run a side-by-side ETF comparison of TMAT and FAD below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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TMAT vs FAD performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 06/15/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	TMAT FAD	+9.31%+4.11%	+26.83%+19.46%	+21.30%+17.59%	+36.76%+34.43%	+101.24%+87.82%	+30.02%+66.41%
Flows	TMAT FAD	+$1M+$28M	+$5M+$71M	+$8M+$97M	+$22M+$144M	+$32M+$186M	+$86M+$176M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	TMAT FAD	+31.27%+24.18%	+25.79%+19.50%	+28.45%+19.58%	+30.83%+21.22%
Max drawdown	TMAT FAD	-10.63%-5.63%	-21.62%-10.70%	-33.46%-23.51%	-52.06%-31.99%
Max drawdown duration	TMAT FAD	13d16d	224d81d	129d230d	1478d967d

Trading data

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	TMAT	FAD
Last sale 6/15/2026 at 7:50 PM	$30.29	$194.07
Previous close 06/15/2026	$29.44	$190.19
Consolidated volume 06/15/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of May 29, 2026

1-year trailing difference

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TMAT

is actively managed and doesn’t replicate an index

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	TMAT	FAD
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 6/15/2026 at 7:50 PM

Live

Closed

	TMAT	FAD
Last price	$30.29	$194.07
1D performance	+2.87%	+2.04%
AuM	$245.73 M	$542.11 M
E/R	0.85%	0.63%

Characteristics

	TMAT	FAD
Management strategy	Active	Passive
Provider	Main Management ETF Advisors	First Trust
Benchmark	-	NASDAQ AlphaDEX Multi Cap Growth Index
N° of holdings	78	605
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	January 29, 2021	May 8, 2007
ESG	No	No

More TMAT data on Trackinsight

More FAD data on Trackinsight

Exposure

Countries

TMAT

USA

85.46%

Other

14.54%

FAD

USA

95.48%

Other

4.52%

Sectors

TMAT

Information Techn.

44.81%

Industrials

23.63%

Materials

7.16%

Other

24.41%

FAD

Industrials

23.19%

Information Techn.

19.86%

Health Care

13.85%

Consumer Discreti.

10.51%

Other

32.59%

Diversification

TMAT

Total weight of top 15 holdings out of 15

32.33%

FAD

Total weight of top 15 holdings out of 15

8.74%

Top 15 holdings

Data as of April 30, 2026

TMAT

VICOR

2.82%

MICRON TECHNOLOGY

2.80%

PALO ALTO NETWORKS

2.63%

CLEAR SECURE

2.55%

LUMENTUM HOLDINGS

2.47%

CIENA

2.40%

KEYSIGHT TECHNOLOGIES

2.19%

ADVANCED ENERGY INDUSTRIES

1.87%

MODINE MNFC CO

1.85%

BENTLEY SYSTEMS

1.85%

AAON

1.82%

CROWDSTRIKE HOLDINGS INC

1.78%

VERTIV HOLDINGS

1.78%

TERADYNE

1.78%

AUTODESK

1.74%

FAD

SEAGATE TECHNOLOGY HOLDINGS PLC

0.74%

US80004C2008

0.74%

BLOOM ENERGY CORP

0.68%

MICRON TECHNOLOGY

0.64%

WESTERN DIGITAL

0.63%

ADVANCED MICRO DEVICES

0.56%

CIENA

0.55%

COMFORT SYSTEMS USA

0.54%

QUANTA SERVICES

0.54%

LUMENTUM HOLDINGS

0.54%

MARVELL TECHNOLOGY

0.53%

VERTIV HOLDINGS

0.52%

MICHAEL STORES

0.51%

MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC

0.51%

DELL TECHNOLOGIES INC

0.51%

Frequently asked questions about TMAT and FAD

How have the TMAT and FAD ETFs performed in 2026?

As of June 15, 2026, TMAT is up 21.3% year-to-date (YTD), while FAD has returned 17.59%. That puts TMAT better performer ahead so far this year.

Which ETF is attracting more investor money: TMAT or FAD?

Year-to-date, the TMAT ETF saw +$8M in flows, compared to +$97M for FAD.

Which ETF is more volatile: TMAT or FAD?

Over the past year, TMAT had a volatility of 25.79%, while FAD experienced 19.5%.

Which ETF is bigger: TMAT or FAD?

As of June 15, 2026, TMAT holds $245.73 M in assets under management (AUM), while FAD manages $542.11 M.

What sectors do the TMAT and FAD ETFs invest in?

TMAT leans toward sectors like Information Technology, Industrials and Materials. Meanwhile, FAD focuses on Industrials, Information Technology and Health Care.

What are the top holdings of the TMAT ETF and FAD ETF?

TMAT top holdings include VICOR, MICRON TECHNOLOGY and PALO ALTO NETWORKS. FAD holds in its top three: SEAGATE TECHNOLOGY HOLDINGS PLC, US80004C2008 and BLOOM ENERGY CORP.

Which ETF is more diversified: TMAT or FAD?

TMAT holds 80 securities with 32.33% of its assets in the top 15. FAD has 671 securities and a top 15 weight of 8.74%.

Biggest potential ETF theme - Innovation

October 13, 2022

TMAT

TMATvsFADETF Comparison

Main Thematic Innovation ETF

First Trust Multi Cap Growth AlphaDEX Fund ETF

TMAT vs FAD performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the TMAT and FAD ETFs performed in 2026?

As of June 15, 2026, TMAT is up 21.3% year-to-date (YTD), while FAD has returned 17.59%. That puts TMAT better performer ahead so far this year.

Which ETF is attracting more investor money: TMAT or FAD?

Year-to-date, the TMAT ETF saw +$8M in flows, compared to +$97M for FAD.

Which ETF is more volatile: TMAT or FAD?

Over the past year, TMAT had a volatility of 25.79%, while FAD experienced 19.5%.

Which ETF is bigger: TMAT or FAD?

As of June 15, 2026, TMAT holds $245.73 M in assets under management (AUM), while FAD manages $542.11 M.

What sectors do the TMAT and FAD ETFs invest in?

TMAT leans toward sectors like Information Technology, Industrials and Materials. Meanwhile, FAD focuses on Industrials, Information Technology and Health Care.

What are the top holdings of the TMAT ETF and FAD ETF?

TMAT top holdings include VICOR, MICRON TECHNOLOGY and PALO ALTO NETWORKS. FAD holds in its top three: SEAGATE TECHNOLOGY HOLDINGS PLC, US80004C2008 and BLOOM ENERGY CORP.

Which ETF is more diversified: TMAT or FAD?

TMAT holds 80 securities with 32.33% of its assets in the top 15. FAD has 671 securities and a top 15 weight of 8.74%.

Biggest potential ETF theme - Innovation

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