TMAT vs. FFLG ETF Comparison

Comparison of Main Thematic Innovation ETF (TMAT) to Fidelity Fundamental Large Cap Growth ETF (FFLG)

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

$21.34

Average Daily Volume

16,494

Number of Holdings ^*

113

* may have additional holdings in another (foreign) market

FFLG

Fidelity Fundamental Large Cap Growth ETF

FFLG Description

FFLG seeks to achieve long-term capital growth by investing in large-cap companies believed to have above-average growth potential. The adviser generally defines large-caps as companies with similar market capitalizations to Russell 1000 or S&P 500 companies. Growth is measured based on factors such as earnings or revenue. Stocks are selected using fundamental analysis of factors such as financial condition and industry position of each issuer, as well as market and economic conditions. The adviser then incorporates a quantitative portfolio construction process to emphasize securities in which the adviser has high conviction, subject to risk, liquidity, and trading characteristics. The fund invests in both US and non-US companies. Despite its large-cap focus, the fund's strategy can lead to investments in small- and mid-cap companies. Before February 26, 2024, the fund traded as Fidelity Growth Opportunities ETF under the ticker FGRO. The fund previously used a semitransparent ETF structure

Grade (RS Rating)

Last Trade

$25.03

Average Daily Volume

30,102

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TMAT	FFLG
30 Days	17.90%	2.46%
60 Days	22.71%	5.66%
90 Days	23.21%	6.27%
12 Months	47.84%	40.11%

20 Overlapping Holdings

Symbol	Grade	Weight in TMAT	Weight in FFLG	Overlap
ABNB	C	0.54%	0.52%	0.52%
AVGO	D	1.29%	0.3%	0.3%
BRKR	D	0.47%	0.36%	0.36%
COIN	C	1.26%	0.45%	0.45%
EME	C	0.75%	0.46%	0.46%
FLYW	C	0.66%	0.32%	0.32%
FSLR	F	0.49%	0.33%	0.33%
GOOG	C	0.54%	2.82%	0.54%
HOOD	B	1.67%	0.26%	0.26%
HQY	B	0.67%	0.33%	0.33%
ICE	C	0.55%	0.54%	0.54%
LLY	F	0.4%	1.46%	0.4%
LYFT	C	0.8%	0.18%	0.18%
META	D	2.9%	5.34%	2.9%
MU	D	1.5%	0.73%	0.73%
NTNX	A	0.79%	0.42%	0.42%
NVDA	C	4.51%	12.31%	4.51%
ON	D	0.54%	0.76%	0.54%
RIVN	F	0.35%	0.14%	0.14%
TSM	B	3.23%	1.96%	1.96%

TMAT Overweight 93 Positions Relative to FFLG

Symbol	Grade	Weight
APP	B	4.15%
AFRM	B	2.22%
RKLB	B	1.82%
TXN	C	1.76%
ARM	D	1.51%
GLBE	B	1.3%
KTOS	B	1.25%
ANSS	B	1.2%
MKSI	C	1.02%
KLAC	D	0.97%
PAY	B	0.88%
APLD	A	0.85%
VRT	B	0.85%
STM	F	0.85%
WULF	C	0.84%
IBKR	A	0.81%
FOUR	B	0.8%
PAYC	B	0.79%
GENI	C	0.78%
LMND	B	0.77%
HRI	B	0.77%
BLND	B	0.77%
CPAY	A	0.75%
FLNC	C	0.74%
DLO	C	0.73%
RDNT	B	0.73%
PRCT	B	0.73%
PCTY	B	0.72%
AMSC	B	0.71%
BILI	D	0.7%
WK	B	0.7%
CSL	C	0.68%
APH	A	0.66%
EA	A	0.66%
TTWO	A	0.64%
TDG	D	0.64%
DKNG	B	0.64%
DLR	B	0.63%
CDNA	D	0.63%
CFLT	B	0.63%
ZD	C	0.63%
CPRT	A	0.63%
ACVA	B	0.62%
QLYS	C	0.6%
IREN	C	0.6%
UNP	C	0.59%
WT	B	0.58%
SYK	C	0.58%
IRDM	D	0.58%
UTHR	C	0.58%
LPRO	C	0.57%
NIO	F	0.57%
SWTX	C	0.55%
BMI	B	0.55%
EVTC	B	0.55%
ACHR	B	0.54%
BAH	F	0.54%
VTEX	D	0.54%
IBTA	C	0.53%
NTAP	C	0.53%
LNW	D	0.52%
DLB	B	0.52%
WDC	D	0.51%
EBR	F	0.51%
ONTO	D	0.5%
ASND	D	0.5%
BE	B	0.5%
ARE	D	0.49%
HIMS	B	0.49%
PSTG	D	0.48%
AMAT	F	0.47%
APPF	B	0.47%
CLSK	C	0.47%
CRSR	C	0.47%
GERN	D	0.47%
PLUG	F	0.46%
KRYS	B	0.45%
CRSP	D	0.45%
PDD	F	0.45%
FORM	D	0.42%
SPT	C	0.42%
MQ	F	0.41%
HUYA	F	0.4%
PUBM	C	0.39%
LRCX	F	0.38%
SRPT	D	0.38%
LAZR	F	0.34%
PAGS	F	0.33%
LCID	F	0.33%
RCKT	F	0.31%
ENPH	F	0.29%
SMCI	F	0.18%
JMIA	F	0.17%

TMAT Underweight 71 Positions Relative to FFLG

Symbol	Grade	Weight
AAPL	C	-12.07%
MSFT	F	-9.14%
AMZN	C	-7.12%
GOOGL	C	-2.48%
UBER	D	-2.21%
NFLX	A	-2.02%
MA	C	-1.95%
BSX	B	-1.72%
LOW	D	-1.57%
NXPI	D	-1.37%
ASML	F	-1.3%
GE	D	-0.9%
TMUS	B	-0.88%
CDNS	B	-0.86%
MPWR	F	-0.85%
LULU	C	-0.8%
HUBS	A	-0.76%
CRM	B	-0.75%
ALNY	D	-0.71%
MRVL	B	-0.7%
FLEX	A	-0.69%
DHR	F	-0.68%
MDB	C	-0.63%
TJX	A	-0.63%
UNH	C	-0.62%
REGN	F	-0.59%
BLD	D	-0.58%
CVNA	B	-0.57%
TMO	F	-0.57%
BLDR	D	-0.57%
SHOP	B	-0.55%
KDP	D	-0.55%
XOM	B	-0.53%
MNST	C	-0.52%
IR	B	-0.51%
HWM	A	-0.5%
WMT	A	-0.49%
CMG	B	-0.49%
RH	B	-0.48%
GEV	B	-0.44%
SNAP	C	-0.44%
PODD	C	-0.42%
CSGP	D	-0.39%
ROKU	D	-0.38%
FIX	A	-0.37%
DPZ	C	-0.33%
VMC	B	-0.32%
SQ	B	-0.31%
EXAS	D	-0.3%
NVO	D	-0.28%
ARGX	A	-0.27%
PM	B	-0.24%
PCVX	D	-0.24%
TEVA	D	-0.24%
DKS	C	-0.23%
ITCI	C	-0.22%
TMDX	F	-0.21%
ATI	D	-0.19%
RRC	B	-0.19%
AZN	D	-0.18%
IONS	F	-0.16%
NUVL	D	-0.16%
MRNA	F	-0.13%
SE	B	-0.13%
RDDT	B	-0.12%
HOLX	D	-0.12%
ROIV	C	-0.1%
IDYA	F	-0.09%
LEGN	F	-0.07%
TGT	F	-0.07%
W	F	-0.03%