PINK vs. TMAT ETF Comparison
Comparison of Simplify Health Care ETF (PINK) to Main Thematic Innovation ETF (TMAT)
PINK
Simplify Health Care ETF
PINK Description
Simplify Exchange Traded Funds - Simplify Health Care ETF seeks long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its assets (plus any borrowings for investment purposes) in securities of U.S. health care companies. The fund adviser defines health care companies as companies included in the Global Industry Classification Standard health care sector. The fund will typically invest in 50 – 100 health care companies. The adviser generally seeks investments in companies that are developing new and effective medicines, as well as companies whose business models reduce costs or improve quality in health care systems.
Grade (RS Rating)
Last Trade
$29.62
Average Daily Volume
100,232
42
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
$16.76
Average Daily Volume
14,030
10
Performance
| Period | PINK | TMAT |
|---|---|---|
| 30 Days | -2.71% | -2.48% |
| 60 Days | -0.61% | -4.44% |
| 90 Days | -0.31% | -0.23% |
| 12 Months | 14.63% | 21.35% |
0 Overlapping Holdings
| Symbol | Grade | Weight in PINK | Weight in TMAT | Overlap |
|---|
PINK Overweight 42 Positions Relative to TMAT
| Symbol | Grade | Weight | |
|---|---|---|---|
| ISRG | D | 9.49% | |
| SRPT | B | 8.61% | |
| CI | D | 6.48% | |
| PCT | F | 4.87% | |
| ALGN | F | 4.64% | |
| MRK | B | 4.62% | |
| LLY | C | 4.6% | |
| SWAV | A | 3.58% | |
| TMO | D | 3.53% | |
| RPRX | F | 3.31% | |
| EXAS | F | 3.25% | |
| BSX | B | 3.14% | |
| JNJ | F | 2.82% | |
| ABBV | D | 2.55% | |
| ZBH | D | 2.5% | |
| REGN | C | 2.16% | |
| AVTR | D | 2.06% | |
| ELV | A | 2.0% | |
| MMM | B | 1.91% | |
| PODD | C | 1.89% | |
| FULC | D | 1.46% | |
| SYK | D | 1.34% | |
| IDXX | D | 1.12% | |
| RARE | F | 1.06% | |
| MASI | D | 1.06% | |
| ESTA | B | 0.95% | |
| NTRA | B | 0.85% | |
| ABT | F | 0.71% | |
| UNH | C | 0.69% | |
| AKRO | F | 0.62% | |
| TECH | B | 0.47% | |
| SNDX | D | 0.44% | |
| THC | A | 0.36% | |
| HCA | D | 0.35% | |
| LIVN | B | 0.35% | |
| VEEV | D | 0.33% | |
| DHR | C | 0.23% | |
| HSIC | D | 0.2% | |
| HUM | F | 0.05% | |
| VLTO | A | 0.03% | |
| BMY | F | 0.02% | |
| EMBC | F | 0.01% |
PINK: Top Represented Industries & Keywords
TMAT: Top Represented Industries & Keywords
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