MTUM vs. TMAT ETF Comparison

Comparison of iShares MSCI USA Momentum Factor ETF (MTUM) to Main Thematic Innovation ETF (TMAT)

MTUM

iShares MSCI USA Momentum Factor ETF

MTUM Description

The investment seeks to track the performance of an index that measures the performance of U.S. large- and mid-capitalization stocks exhibiting relatively higher momentum characteristics, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Momentum Index (the "underlying index") consists of stocks exhibiting relatively higher momentum characteristics than the traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks.

Grade (RS Rating)

Last Trade

$212.51

Average Daily Volume

814,617

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

TMAT

Main Thematic Innovation ETF

TMAT Description

The investment seeks to outperform the MSCI ACWI Index® in rising markets while limiting losses during periods of decline. The adviser seeks to achieve its objective through dynamic thematic rotation. The Adviser focuses its research primarily on identifying emerging, disruptive, and innovative themes that have a large market demand or addressable market. The Adviser rotates among themes with large addressable markets which may range from nascent technologies to those on the cusp of widespread adoption and buys securities of ETFs investing in those themes.

Grade (RS Rating)

Last Trade

$20.39

Average Daily Volume

15,547

Number of Holdings ^*

113

* may have additional holdings in another (foreign) market

Performance

Period	MTUM	TMAT
30 Days	2.48%	11.66%
60 Days	8.24%	20.02%
90 Days	11.70%	25.63%
12 Months	45.04%	49.27%

15 Overlapping Holdings

Symbol	Grade	Weight in MTUM	Weight in TMAT	Overlap
APH	B	1.01%	0.68%	0.68%
APP	A	0.62%	2.59%	0.62%
AVGO	B	5.21%	1.41%	1.41%
CSL	C	0.23%	0.7%	0.23%
EME	B	0.38%	0.77%	0.38%
HOOD	B	0.14%	1.39%	0.14%
ICE	D	0.71%	0.6%	0.6%
KLAC	F	0.88%	1.09%	0.88%
LLY	D	4.04%	0.44%	0.44%
NTAP	C	0.32%	0.57%	0.32%
NVDA	A	5.54%	4.61%	4.61%
TDG	B	0.73%	0.72%	0.72%
TXN	B	1.99%	1.86%	1.86%
UTHR	B	0.17%	0.62%	0.17%
VRT	B	0.63%	0.85%	0.63%

MTUM Overweight 109 Positions Relative to TMAT

Symbol	Grade	Weight
JPM	B	5.23%
WMT	A	4.86%
COST	B	3.62%
GE	C	2.97%
PM	C	2.79%
KO	F	2.76%
RTX	C	2.2%
NEE	D	2.17%
GS	B	1.95%
PGR	B	1.86%
ISRG	A	1.52%
AXP	B	1.51%
LMT	D	1.4%
ANET	C	1.34%
KKR	B	1.29%
BSX	A	1.24%
MMM	D	1.23%
CEG	D	1.2%
MO	A	1.13%
SO	D	1.12%
TT	A	1.09%
TJX	B	1.06%
C	B	1.06%
VRTX	B	1.01%
MSI	B	0.95%
CTAS	A	0.92%
FI	A	0.88%
PLTR	B	0.86%
NEM	F	0.86%
CB	D	0.86%
DUK	D	0.86%
WELL	B	0.84%
VST	B	0.78%
CL	F	0.76%
AFL	C	0.74%
HWM	B	0.72%
MSTR	A	0.7%
MCO	C	0.68%
WMB	A	0.61%
TRGP	A	0.58%
FICO	A	0.57%
AJG	B	0.57%
DELL	C	0.5%
IRM	C	0.49%
BK	B	0.47%
PEG	D	0.47%
HIG	C	0.44%
PWR	B	0.43%
GRMN	A	0.42%
AEP	D	0.4%
ALL	A	0.39%
DFS	B	0.38%
DHI	D	0.38%
RSG	A	0.35%
CBRE	B	0.34%
ALNY	D	0.34%
ACGL	D	0.34%
GDDY	A	0.33%
WAB	B	0.33%
TPL	A	0.32%
MPWR	F	0.32%
VTR	C	0.31%
KDP	D	0.31%
VLTO	D	0.31%
PHM	D	0.31%
RMD	B	0.3%
K	A	0.29%
LEN	D	0.28%
LDOS	A	0.28%
NRG	B	0.28%
AVB	B	0.28%
BRO	A	0.27%
NDAQ	B	0.27%
EBAY	D	0.25%
FITB	A	0.25%
AXON	B	0.25%
EIX	D	0.25%
LII	B	0.24%
TYL	B	0.23%
SYF	B	0.22%
DOV	A	0.22%
SW	C	0.22%
NVR	D	0.22%
PKG	B	0.16%
EQR	D	0.16%
IFF	F	0.16%
IP	B	0.15%
HEI	C	0.15%
ESS	C	0.14%
ERIE	F	0.13%
MAA	C	0.12%
CFG	B	0.11%
HEI	C	0.11%
UHS	D	0.11%
DKS	D	0.1%
DOC	C	0.09%
FNF	C	0.09%
AMCR	D	0.08%
NI	A	0.08%
DGX	A	0.08%
CPT	D	0.07%
DVA	C	0.07%
CHRW	B	0.06%
ALLY	C	0.06%
FOXA	A	0.06%
FOX	A	0.06%
LNT	C	0.05%
UDR	D	0.05%
EQH	B	0.03%

MTUM Underweight 98 Positions Relative to TMAT

Symbol	Grade	Weight
TSM	C	-3.59%
META	B	-3.09%
AFRM	A	-2.04%
MU	C	-1.71%
ARM	C	-1.67%
RKLB	B	-1.33%
GLBE	A	-1.32%
ANSS	B	-1.23%
KTOS	B	-1.23%
MKSI	D	-0.98%
STM	F	-0.94%
BILI	C	-0.94%
COIN	B	-0.94%
PRCT	B	-0.88%
APLD	C	-0.85%
FLNC	C	-0.85%
PAYC	B	-0.83%
WULF	B	-0.81%
HRI	B	-0.81%
FOUR	B	-0.78%
NTNX	B	-0.77%
IBKR	A	-0.75%
PCTY	A	-0.74%
PAY	B	-0.73%
NIO	F	-0.73%
CDNA	D	-0.72%
BLND	B	-0.72%
CPAY	A	-0.71%
BAH	C	-0.7%
AMSC	B	-0.68%
DLR	B	-0.68%
WK	B	-0.67%
EA	A	-0.67%
HQY	A	-0.67%
RDNT	B	-0.66%
LYFT	B	-0.66%
LMND	B	-0.65%
PLUG	D	-0.64%
DLO	D	-0.64%
IRDM	C	-0.63%
CFLT	B	-0.63%
CPRT	B	-0.63%
IBTA	C	-0.63%
UNP	D	-0.63%
VTEX	F	-0.62%
TTWO	A	-0.62%
ON	D	-0.61%
GENI	C	-0.61%
DKNG	B	-0.61%
LPRO	C	-0.61%
ABNB	C	-0.6%
SYK	A	-0.6%
ACVA	C	-0.59%
WDC	D	-0.58%
FLYW	C	-0.58%
GERN	D	-0.58%
EBR	F	-0.58%
FSLR	F	-0.58%
LNW	C	-0.57%
GOOG	B	-0.56%
BMI	B	-0.56%
IREN	C	-0.56%
EVTC	B	-0.56%
ONTO	F	-0.56%
BRKR	F	-0.56%
DLB	C	-0.56%
ZD	B	-0.56%
WT	B	-0.55%
ARE	F	-0.55%
ASND	D	-0.55%
QLYS	C	-0.55%
PDD	F	-0.53%
CRSP	C	-0.52%
HIMS	B	-0.52%
PSTG	D	-0.52%
CRSR	C	-0.51%
SWTX	D	-0.51%
AMAT	F	-0.5%
HUYA	F	-0.48%
APPF	B	-0.47%
KRYS	B	-0.47%
SRPT	F	-0.47%
BE	C	-0.46%
ACHR	C	-0.44%
ENPH	F	-0.44%
FORM	D	-0.44%
SPT	D	-0.43%
LRCX	F	-0.41%
RCKT	F	-0.39%
PUBM	C	-0.39%
MQ	F	-0.38%
CLSK	C	-0.38%
LCID	F	-0.38%
RIVN	F	-0.38%
PAGS	F	-0.37%
LAZR	C	-0.3%
SMCI	F	-0.3%
JMIA	F	-0.23%