TMATvsFRTYETF Comparison
VS
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 Healthcare. In contrast, FRTY's top sector exposures are Healthcare, Technology and Industrials. TMAT is less expensive with a Total Expense Ratio (TER) of 0.82%, versus 0.98% for FRTY. TMAT is up 9.25% year-to-date (YTD) with +$29M in YTD flows. FRTY performs worse with 4% YTD performance, and +$4M 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.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
TMAT vs FRTY performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/30/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | TMAT FRTY | -8.33%-7.55% | -1.09%-1.12% | +9.25%+4.00% | -2.10%-2.52% | +115.27%+91.83% | +14.18%-6.25% |
| Flows | TMAT FRTY | +$3M-$3M | +$8M-$909K | +$29M+$4M | +$27M+$16M | +$49M+$84M | +$93M+$90M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | TMAT FRTY | +29.07%+25.51% | +28.89%+27.99% | +29.29%+25.83% | +31.55%+26.28% |
| Max drawdown | TMAT FRTY | -12.94%-11.43% | -21.37%-18.57% | -33.46%-31.82% | -51.77%-52.85% |
| Max drawdown duration | TMAT FRTY | 24d25d | 187d206d | 129d262d | 1338d1666d |
Trading data
TMAT | FRTY | |
Last sale 10/30/2026 at 1:30 PM | $27.31 | $21.85 |
| Previous close 10/29/2026 | $28.64 | $22.90 |
| Consolidated volume 10/29/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Advertisement
Main metrics
Last update 10/30/2026 at 1:30 PM
Live
Closed
TMAT | FRTY | |
|---|---|---|
| Last price | $27.31 | $21.85 |
| 1D performance | -4.64% | -4.57% |
| AuM | $241.79 M | $139.90 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 | 84 | 39 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | January 29, 2021 | March 1, 2021 |
| ESG | No | No |
Advertisement
Exposure
Countries
TMAT
USA
90.68%
Other
9.32%
FRTY
USA
83.56%
Other
16.44%
Sectors
TMAT
Technology
52.8%
Industrials
19.87%
Healthcare
13.22%
Non-Energy Materi.
11.49%
Other
2.62%
FRTY
Healthcare
32.85%
Technology
28.76%
Industrials
15.4%
Other
23%
Advertisement
Diversification
TMAT
Total weight of top 15 holdings out of 15
38.95%
FRTY
Total weight of top 15 holdings out of 15
53.89%
Top 15 holdings
Data as of September 30, 2026
TMAT
Micron Technology, Inc.
5.08%
Palo Alto Networks, Inc.
4.96%
Vicor Corp.
2.82%
Rubrik, Inc.
2.73%
Fortinet, Inc.
2.70%
Lumentum Holdings, Inc.
2.61%
Hinge Health, Inc.
2.53%
Advanced Micro Devices, Inc.
2.45%
Cloudflare, Inc.
2.09%
Keysight Technologies, Inc.
2.07%
Varonis Systems, Inc.
1.94%
Ero Copper Corp.
1.78%
Twist Bioscience Corp.
1.75%
Hudbay Minerals, Inc.
1.72%
Clear Secure, Inc.
1.72%
FRTY
Twist Bioscience Corp.
8.04%
Repligen Corp.
4.64%
Liberty Media Corp.
4.19%
Cloudflare, Inc.
3.99%
Nebius Group NV
3.49%
Snowflake, Inc.
3.44%
Okta, Inc.
3.26%
Guardant Health, Inc.
3.25%
HEICO Corp.
3.02%
Comfort Systems USA, Inc.
3.02%
Monolithic Power Systems, Inc.
2.87%
Synopsys, Inc.
2.82%
RBC Bearings, Inc.
2.76%
Biogen, Inc.
2.58%
Natera, Inc.
2.52%
Frequently asked questions about TMAT and FRTY
How have the TMAT and FRTY ETFs performed in 2026?
As of October 30, 2026, TMAT is up 9.25% year-to-date (YTD), while FRTY has returned 4%. 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 +$29M in flows, compared to +$4M for FRTY.
Which ETF is more volatile: TMAT or FRTY?
Over the past year, TMAT had a volatility of 28.89%, while FRTY experienced 27.99%.
Which ETF is bigger: TMAT or FRTY?
As of October 30, 2026, TMAT holds $241.79 M in assets under management (AUM), while FRTY manages $139.90 M.
What sectors do the TMAT and FRTY ETFs invest in?
TMAT leans toward sectors like Technology, Industrials and Healthcare. Meanwhile, FRTY focuses on Healthcare, Technology and Industrials.
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., Repligen Corp. and Liberty Media Corp..
Which ETF is more diversified: TMAT or FRTY?
TMAT holds 84 securities with 38.95% of its assets in the top 15. FRTY has 39 securities and a top 15 weight of 53.89%.
Advertisement
Latest news about TMAT & FRTY
Advertisement
