TMAT vs. FDLO ETF Comparison

Comparison of Main Thematic Innovation ETF (TMAT) to Fidelity Low Volatility Factor ETF (FDLO)

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

$17.63

Average Daily Volume

17,132

Number of Holdings ^*

112

* may have additional holdings in another (foreign) market

FDLO

Fidelity Low Volatility Factor ETF

FDLO Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Low Volatility Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Low Volatility Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with lower volatility than the broader market.

Grade (RS Rating)

Last Trade

$60.93

Average Daily Volume

92,480

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

Performance

Period	TMAT	FDLO
30 Days	2.70%	1.11%
60 Days	3.98%	5.71%
90 Days	0.33%	6.93%
12 Months	29.63%	27.71%

6 Overlapping Holdings

Symbol	Grade	Weight in TMAT	Weight in FDLO	Overlap
BAH	A	0.63%	0.46%	0.46%
DLR	C	0.63%	0.24%	0.24%
EA	D	0.64%	0.64%	0.64%
LLY	D	0.49%	1.85%	0.49%
TXN	C	1.98%	1.55%	1.55%
UNP	C	0.68%	0.66%	0.66%

TMAT Overweight 106 Positions Relative to FDLO

Symbol	Grade	Weight
NVDA	C	4.12%
TSM	C	3.37%
META	A	3.16%
APP	B	2.06%
AFRM	C	1.9%
MU	D	1.8%
ARM	C	1.78%
AVGO	C	1.44%
HOOD	C	1.37%
GLBE	C	1.34%
KLAC	D	1.31%
ANSS	D	1.27%
KTOS	A	1.27%
RKLB	B	1.13%
APLD	B	1.12%
MKSI	F	1.11%
STM	F	1.1%
BILI	A	0.96%
COIN	F	0.96%
CDNA	C	0.96%
NIO	C	0.93%
FLNC	C	0.89%
TDG	A	0.78%
FOUR	B	0.78%
VRT	B	0.77%
BLND	C	0.76%
GENI	C	0.75%
PRCT	C	0.75%
CSL	A	0.74%
HUYA	C	0.73%
NTNX	D	0.73%
ONTO	C	0.72%
ACVA	C	0.71%
FSLR	C	0.71%
EME	C	0.71%
RDNT	C	0.7%
DKNG	D	0.7%
IBKR	A	0.69%
CPAY	A	0.69%
VTEX	C	0.68%
EBR	D	0.67%
BRKR	D	0.67%
WK	D	0.67%
IRDM	C	0.67%
ON	F	0.66%
WULF	D	0.66%
GERN	D	0.65%
APH	D	0.65%
PAYC	D	0.65%
LYFT	D	0.64%
LPRO	D	0.64%
CPRT	B	0.64%
ASND	C	0.64%
PCTY	C	0.63%
LCID	D	0.63%
DLO	F	0.63%
ICE	A	0.62%
WDC	C	0.62%
HRI	B	0.62%
HQY	B	0.62%
ARE	D	0.61%
NTAP	D	0.61%
PLUG	F	0.6%
TTWO	F	0.6%
ZD	D	0.6%
UTHR	B	0.6%
PAY	D	0.6%
SYK	C	0.6%
BMI	A	0.6%
PDD	D	0.6%
EVTC	D	0.6%
DLB	D	0.59%
ENPH	D	0.58%
QLYS	F	0.58%
LNW	F	0.57%
AMAT	D	0.57%
MQ	F	0.57%
ABNB	D	0.57%
IREN	D	0.57%
IBTA	D	0.56%
AMSC	D	0.56%
FLYW	F	0.55%
GOOG	C	0.55%
SWTX	F	0.54%
FORM	F	0.54%
CRSR	D	0.53%
APPF	C	0.52%
PSTG	F	0.52%
CRSP	F	0.5%
SRPT	F	0.49%
KRYS	D	0.49%
CFLT	F	0.48%
HIMS	C	0.47%
SMCI	F	0.47%
SPT	F	0.47%
LRCX	F	0.46%
BE	F	0.45%
LMND	F	0.45%
RCKT	F	0.43%
RIVN	F	0.43%
ACHR	F	0.42%
PUBM	F	0.41%
PAGS	F	0.41%
CLSK	F	0.38%
LAZR	F	0.33%
JMIA	F	0.26%

TMAT Underweight 119 Positions Relative to FDLO

Symbol	Grade	Weight
AAPL	C	-7.37%
MSFT	C	-7.16%
GOOGL	C	-3.93%
AMZN	C	-3.64%
BRK.A	C	-2.07%
ORCL	C	-1.85%
IBM	C	-1.66%
CSCO	A	-1.63%
JPM	D	-1.62%
ACN	B	-1.58%
UNH	B	-1.52%
MSI	A	-1.37%
V	C	-1.31%
MA	A	-1.27%
JNJ	C	-1.24%
ROP	C	-1.23%
AKAM	D	-1.19%
HD	A	-1.17%
TYL	C	-1.16%
ABBV	A	-1.16%
DOX	B	-1.14%
VRSN	C	-1.14%
XOM	B	-1.14%
MRK	F	-1.04%
VZ	A	-1.01%
PG	C	-1.01%
T	A	-0.96%
TMO	C	-0.94%
CMCSA	B	-0.92%
WMT	A	-0.9%
ABT	C	-0.88%
TMUS	A	-0.85%
MCD	A	-0.84%
PGR	C	-0.83%
AMGN	D	-0.81%
KO	B	-0.76%
CB	A	-0.73%
LOW	A	-0.7%
SBUX	B	-0.69%
MMC	D	-0.68%
VRTX	D	-0.68%
REGN	D	-0.68%
CME	A	-0.67%
NKE	D	-0.66%
PEP	D	-0.66%
ETN	C	-0.66%
HON	B	-0.64%
TJX	C	-0.64%
BDX	B	-0.64%
TRV	C	-0.63%
LMT	A	-0.63%
CVX	D	-0.62%
ADP	A	-0.6%
ERIE	A	-0.6%
PM	B	-0.59%
AJG	D	-0.58%
LIN	B	-0.57%
CBOE	B	-0.56%
AIZ	A	-0.56%
FDS	C	-0.56%
NOC	B	-0.54%
ITW	B	-0.54%
WM	D	-0.52%
JKHY	A	-0.52%
WRB	B	-0.52%
GD	A	-0.51%
ORLY	A	-0.5%
OTIS	A	-0.49%
AZO	D	-0.48%
LHX	A	-0.47%
TSCO	A	-0.47%
PAYX	A	-0.47%
FAST	C	-0.47%
RSG	D	-0.45%
J	D	-0.44%
GRMN	D	-0.43%
MDLZ	C	-0.43%
FCN	B	-0.4%
HII	D	-0.39%
CL	D	-0.39%
COP	D	-0.38%
SO	A	-0.38%
DUK	B	-0.37%
AMT	C	-0.34%
GIS	B	-0.33%
KMB	B	-0.32%
SHW	B	-0.31%
AEP	B	-0.3%
EQIX	B	-0.3%
EOG	D	-0.29%
XEL	A	-0.28%
ED	A	-0.27%
WMB	A	-0.27%
HSY	D	-0.27%
APD	C	-0.26%
PSA	C	-0.26%
WEC	A	-0.26%
O	A	-0.25%
AEE	A	-0.25%
ECL	A	-0.25%
LNG	D	-0.24%
KMI	A	-0.24%
CMS	A	-0.24%
CCI	A	-0.23%
CTVA	B	-0.22%
CSGP	F	-0.19%
EQR	C	-0.19%
MAA	C	-0.18%
DTM	A	-0.18%
VMC	D	-0.18%
MLM	D	-0.18%
CTRA	D	-0.18%
AMCR	A	-0.17%
PKG	A	-0.17%
ATR	A	-0.16%
ELS	D	-0.16%
AMH	D	-0.16%
AVY	B	-0.16%
ADC	B	-0.15%