TMATvsFFLSETF Comparison
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Main Thematic Innovation ETF (TMAT) belongs to the Multiple Trends segment. The Future Fund Long/Short ETF (FFLS) is part of the Alternatives segment. TMAT's top 3 sector exposures are Technology, Industrials and Non-Energy Materials. In contrast, FFLS's top sector exposures are Technology, Industrials and Healthcare. TMAT is less expensive with a Total Expense Ratio (TER) of 0.82%, versus 2.05% for FFLS. TMAT is up 10.73% year-to-date (YTD) with +$29M in YTD flows. FFLS performs worse with -1.77% YTD performance, and +$6M in YTD flows. Run a side-by-side ETF comparison of TMAT and FFLS 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 FFLS performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/15/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | TMAT FFLS | -9.46%-5.24% | -8.71%-0.18% | +10.73%-1.77% | +2.69%-5.74% | +95.38%+24.55% | +20.86%n/a |
| Flows | TMAT FFLS | +$5M+$1M | +$22M+$2M | +$29M+$6M | +$35M+$8M | +$49M+$42M | +$102M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | TMAT FFLS | +30.29%+13.28% | +28.18%+10.89% | +28.96%+11.25% | +31.35%n/a |
| Max drawdown | TMAT FFLS | -15.71%-6.17% | -21.62%-11.13% | -33.46%-11.13% | -51.77%n/a |
| Max drawdown duration | TMAT FFLS | 77d28d | 224d363d | 129d363d | 1338dn/a |
Trading data
TMAT | FFLS | |
Last sale 9/15/2026 at 7:34 PM | $27.66 | $22.74 |
| Previous close 09/15/2026 | $27.71 | $22.79 |
| Consolidated volume 09/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 9/15/2026 at 7:34 PM
Live
Closed
TMAT | FFLS | |
|---|---|---|
| Last price | $27.66 | $22.74 |
| 1D performance | -0.18% | -0.20% |
| AuM | $245.62 M | $44.21 M |
| E/R | 0.82% | 2.05% |
Characteristics
TMAT | FFLS | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Main Management ETF Advisors | Future Fund ETF |
| Benchmark | - | - |
| N° of holdings | 88 | 37 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | January 29, 2021 | June 21, 2023 |
| ESG | No | No |
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Exposure
Countries
TMAT
USA
89.37%
Other
10.63%
FFLS
USA
72.17%
Other
27.83%
Sectors
TMAT
Technology
52.71%
Industrials
21.95%
Non-Energy Materi.
11.31%
Healthcare
10.46%
Other
3.57%
FFLS
Technology
28.16%
Industrials
19.62%
Healthcare
12.35%
Consumer Non-Cycl.
11.53%
Other
28.35%
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Diversification
TMAT
Total weight of top 15 holdings out of 15
35.85%
FFLS
Total weight of top 15 holdings out of 15
47.11%
Top 15 holdings
Data as of July 31, 2026
TMAT
Palo Alto Networks, Inc.
4.46%
Micron Technology, Inc.
4.23%
CrowdStrike Holdings, Inc.
2.77%
Fortinet, Inc.
2.63%
Clear Secure, Inc.
2.43%
Vicor Corp.
2.17%
Hinge Health, Inc.
2.09%
Lumentum Holdings, Inc.
2.06%
Advanced Micro Devices, Inc.
2.05%
Keysight Technologies, Inc.
1.95%
Bentley Systems, Inc.
1.88%
Rubrik, Inc.
1.86%
Cloudflare, Inc.
1.81%
Varonis Systems, Inc.
1.76%
AAON, Inc.
1.70%
FFLS
Amazon.com, Inc.
5.50%
Halozyme Therapeutics, Inc.
4.44%
Alphabet, Inc.
3.94%
NVIDIA Corp.
3.51%
Block, Inc.
3.35%
Edwards Lifesciences Corp.
3.24%
Safran SA
2.87%
Guardant Health, Inc.
2.69%
Embraer SA
2.67%
Equinix, Inc.
2.66%
Broadcom Inc.
2.57%
Axon Enterprise, Inc.
2.54%
Alibaba Group Holding Ltd.
2.46%
HealthEquity, Inc.
2.40%
BWX Technologies, Inc.
2.28%
Frequently asked questions about TMAT and FFLS
How have the TMAT and FFLS ETFs performed in 2026?
As of September 15, 2026, TMAT is up 10.73% year-to-date (YTD), while FFLS has lost -1.77%. That puts TMAT better performer ahead so far this year.
Which ETF is attracting more investor money: TMAT or FFLS?
Year-to-date, the TMAT ETF saw +$29M in flows, compared to +$6M for FFLS.
Which ETF is more volatile: TMAT or FFLS?
Over the past year, TMAT had a volatility of 28.18%, while FFLS experienced 10.89%.
Which ETF is bigger: TMAT or FFLS?
As of September 15, 2026, TMAT holds $245.62 M in assets under management (AUM), while FFLS manages $44.21 M.
What sectors do the TMAT and FFLS ETFs invest in?
TMAT leans toward sectors like Technology, Industrials and Non-Energy Materials. Meanwhile, FFLS focuses on Technology, Industrials and Healthcare.
What are the top holdings of the TMAT ETF and FFLS ETF?
TMAT top holdings include Palo Alto Networks, Inc., Micron Technology, Inc. and CrowdStrike Holdings, Inc.. FFLS holds in its top three: Amazon.com, Inc., Halozyme Therapeutics, Inc. and Alphabet, Inc..
Which ETF is more diversified: TMAT or FFLS?
TMAT holds 88 securities with 35.85% of its assets in the top 15. FFLS has 37 securities and a top 15 weight of 47.11%.
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Latest news about TMAT & FFLS
Investing in the Megatrends of the Future
August 24, 2023
FFLS
Biggest potential ETF theme - Innovation
October 13, 2022
TMAT
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