TMATvsFRTYETF Comparison
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Main Thematic Innovation ETF (TMAT) belongs to the Multiple Trends segment. Alger Mid Cap 40 ETF (FRTY) is part of the US Mid Cap segment. TMAT's top 3 sector exposures are Technology, Industrials and Non-Energy Materials. In contrast, FRTY's top sector exposures are Technology, Industrials and Healthcare. TMAT is less expensive with a Total Expense Ratio (TER) of 0.82%, versus 0.98% for FRTY. TMAT is up 10.45% year-to-date (YTD) with +$21M in YTD flows. FRTY performs worse with 5.18% YTD performance, and +$5M in YTD flows. Run a side-by-side ETF comparison of TMAT and FRTY 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 FRTY performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 07/30/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | TMAT FRTY | -12.11%-10.80% | +4.47%+5.74% | +10.45%+5.18% | +12.09%+8.48% | +69.93%+67.48% | +21.14%+12.47% |
| Flows | TMAT FRTY | +$12M+$6M | +$17M+$4M | +$21M+$5M | +$32M+$27M | +$43M+$84M | +$95M+$100M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | TMAT FRTY | +34.95%+33.77% | +27.67%+27.67% | +28.82%+25.48% | +31.16%+26.17% |
| Max drawdown | TMAT FRTY | -15.71%-14.38% | -21.62%-19.41% | -33.46%-31.82% | -51.77%-52.85% |
| Max drawdown duration | TMAT FRTY | 30d30d | 224d230d | 129d262d | 1338d1666d |
Trading data
TMAT | FRTY | |
Last sale 7/31/2026 at 1:30 PM | $27.70 | $22.21 |
| Previous close 07/30/2026 | $27.60 | $22.09 |
| Consolidated volume 07/30/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 7/31/2026 at 1:30 PM
Live
Closed
TMAT | FRTY | |
|---|---|---|
| Last price | $27.70 | $22.21 |
| 1D performance | +0.37% | +0.53% |
| AuM | $236.72 M | $142.60 M |
| E/R | 0.82% | 0.98% |
Characteristics
TMAT | FRTY | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Main Management ETF Advisors | Fred Alger Management |
| Benchmark | - | - |
| N° of holdings | 88 | 39 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | January 29, 2021 | March 1, 2021 |
| ESG | No | No |
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Exposure
Countries
TMAT
USA
91.03%
Other
8.97%
FRTY
USA
87.41%
Other
12.59%
Sectors
TMAT
Technology
53.62%
Industrials
22.77%
Non-Energy Materi.
11.09%
Healthcare
9.27%
Other
3.26%
FRTY
Technology
38.69%
Industrials
25.37%
Healthcare
17.59%
Other
18.35%
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Diversification
TMAT
Total weight of top 15 holdings out of 15
37.35%
FRTY
Total weight of top 15 holdings out of 15
52.8%
Top 15 holdings
Data as of June 30, 2026
TMAT
Micron Technology, Inc.
5.23%
Palo Alto Networks, Inc.
4.04%
Vicor Corp.
3.51%
CrowdStrike Holdings, Inc.
2.44%
Advanced Micro Devices, Inc.
2.21%
Fortinet, Inc.
2.20%
Lumentum Holdings, Inc.
2.18%
Clear Secure, Inc.
2.16%
AAON, Inc.
2.14%
Hinge Health, Inc.
2.05%
BlackBerry Ltd.
2.01%
Keysight Technologies, Inc.
1.88%
Teradyne, Inc.
1.85%
Rubrik, Inc.
1.81%
Varonis Systems, Inc.
1.63%
FRTY
Twist Bioscience Corp.
4.78%
Western Digital Corp.
4.37%
Nebius Group NV
3.98%
Vertiv Holdings Co.
3.81%
Liberty Media Corp.
3.62%
Comfort Systems USA, Inc.
3.61%
Sandisk Corp.
3.56%
Astera Labs, Inc.
3.38%
Modine Manufacturing Co.
3.31%
Axon Enterprise, Inc.
3.28%
HEICO Corp.
3.22%
Cloudflare, Inc.
3.21%
Repligen Corp.
2.94%
FTAI Aviation Ltd.
2.90%
RBC Bearings, Inc.
2.83%
Frequently asked questions about TMAT and FRTY
How have the TMAT and FRTY ETFs performed in 2026?
As of July 30, 2026, TMAT is up 10.45% year-to-date (YTD), while FRTY has returned 5.18%. That puts TMAT better performer ahead so far this year.
Which ETF is attracting more investor money: TMAT or FRTY?
Year-to-date, the TMAT ETF saw +$21M in flows, compared to +$5M for FRTY.
Which ETF is more volatile: TMAT or FRTY?
Over the past year, TMAT had a volatility of 27.67%, while FRTY experienced 27.67%.
Which ETF is bigger: TMAT or FRTY?
As of July 30, 2026, TMAT holds $236.72 M in assets under management (AUM), while FRTY manages $142.60 M.
What sectors do the TMAT and FRTY ETFs invest in?
TMAT leans toward sectors like Technology, Industrials and Non-Energy Materials. Meanwhile, FRTY focuses on Technology, Industrials and Healthcare.
What are the top holdings of the TMAT ETF and FRTY ETF?
TMAT top holdings include Micron Technology, Inc., Palo Alto Networks, Inc. and Vicor Corp.. FRTY holds in its top three: Twist Bioscience Corp., Western Digital Corp. and Nebius Group NV.
Which ETF is more diversified: TMAT or FRTY?
TMAT holds 88 securities with 37.35% of its assets in the top 15. FRTY has 39 securities and a top 15 weight of 52.8%.
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Latest news about TMAT & FRTY
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