TMAT vs. FXL ETF Comparison

Comparison of Main Thematic Innovation ETF (TMAT) to First Trust Technology AlphaDEX (FXL)

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

FXL

First Trust Technology AlphaDEX

FXL Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Technology Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the technology sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$154.02

Average Daily Volume

17,257

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

Performance

Period	TMAT	FXL
30 Days	17.90%	10.22%
60 Days	22.71%	12.16%
90 Days	23.21%	12.82%
12 Months	47.84%	31.26%

20 Overlapping Holdings

Symbol	Grade	Weight in TMAT	Weight in FXL	Overlap
AMAT	F	0.47%	0.86%	0.47%
ANSS	B	1.2%	0.32%	0.32%
APH	A	0.66%	0.66%	0.66%
APP	B	4.15%	3.39%	3.39%
APPF	B	0.47%	0.29%	0.29%
AVGO	D	1.29%	1.17%	1.17%
DLB	B	0.52%	0.89%	0.52%
KLAC	D	0.97%	0.25%	0.25%
META	D	2.9%	1.57%	1.57%
MU	D	1.5%	0.28%	0.28%
NTAP	C	0.53%	0.89%	0.53%
NTNX	A	0.79%	1.12%	0.79%
NVDA	C	4.51%	1.43%	1.43%
ON	D	0.54%	1.44%	0.54%
ONTO	D	0.5%	0.47%	0.47%
PAYC	B	0.79%	1.6%	0.79%
PSTG	D	0.48%	0.29%	0.29%
SMCI	F	0.18%	0.26%	0.18%
TXN	C	1.76%	0.59%	0.59%
VRT	B	0.85%	1.89%	0.85%

TMAT Overweight 93 Positions Relative to FXL

Symbol	Grade	Weight
TSM	B	3.23%
AFRM	B	2.22%
RKLB	B	1.82%
HOOD	B	1.67%
ARM	D	1.51%
GLBE	B	1.3%
COIN	C	1.26%
KTOS	B	1.25%
MKSI	C	1.02%
PAY	B	0.88%
APLD	A	0.85%
STM	F	0.85%
WULF	C	0.84%
IBKR	A	0.81%
FOUR	B	0.8%
LYFT	C	0.8%
GENI	C	0.78%
LMND	B	0.77%
HRI	B	0.77%
BLND	B	0.77%
CPAY	A	0.75%
EME	C	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%
HQY	B	0.67%
FLYW	C	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%
ICE	C	0.55%
SWTX	C	0.55%
BMI	B	0.55%
EVTC	B	0.55%
ACHR	B	0.54%
GOOG	C	0.54%
ABNB	C	0.54%
BAH	F	0.54%
VTEX	D	0.54%
IBTA	C	0.53%
LNW	D	0.52%
WDC	D	0.51%
EBR	F	0.51%
ASND	D	0.5%
BE	B	0.5%
ARE	D	0.49%
FSLR	F	0.49%
HIMS	B	0.49%
BRKR	D	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%
LLY	F	0.4%
HUYA	F	0.4%
PUBM	C	0.39%
LRCX	F	0.38%
SRPT	D	0.38%
RIVN	F	0.35%
LAZR	F	0.34%
PAGS	F	0.33%
LCID	F	0.33%
RCKT	F	0.31%
ENPH	F	0.29%
JMIA	F	0.17%

TMAT Underweight 82 Positions Relative to FXL

Symbol	Grade	Weight
PLTR	B	-2.47%
TOST	B	-2.22%
DASH	A	-1.89%
PEGA	A	-1.88%
GWRE	A	-1.66%
GFS	C	-1.65%
CTSH	B	-1.63%
HPE	B	-1.62%
DXC	B	-1.62%
SMAR	A	-1.57%
IPGP	D	-1.57%
DOCU	A	-1.53%
AVT	C	-1.52%
FTNT	C	-1.44%
GDDY	A	-1.4%
ZM	B	-1.4%
TWLO	A	-1.39%
NOW	A	-1.38%
ARW	D	-1.35%
AMKR	D	-1.32%
SWKS	F	-1.32%
ORCL	B	-1.3%
JBL	B	-1.28%
DNB	B	-1.27%
INTC	D	-1.26%
TYL	B	-1.25%
HPQ	B	-1.21%
CNXC	F	-1.21%
DT	C	-1.19%
MANH	D	-1.18%
DOX	D	-1.16%
EPAM	C	-1.15%
MSTR	C	-1.15%
SNX	C	-1.14%
PANW	C	-1.08%
RNG	B	-1.08%
S	B	-1.07%
DELL	C	-1.06%
AKAM	D	-1.04%
FFIV	B	-1.03%
DBX	B	-1.01%
IT	C	-0.99%
CRUS	D	-0.97%
SSNC	B	-0.93%
HCP	B	-0.93%
CACI	D	-0.91%
AAPL	C	-0.91%
QCOM	F	-0.9%
SAIC	F	-0.84%
MTCH	D	-0.77%
MPWR	F	-0.74%
DAY	B	-0.74%
CRM	B	-0.72%
DV	C	-0.71%
GLOB	B	-0.68%
ADSK	A	-0.66%
GOOGL	C	-0.63%
ROP	B	-0.6%
LSCC	D	-0.57%
VRSN	F	-0.57%
IBM	C	-0.56%
KBR	F	-0.55%
IAC	D	-0.52%
U	C	-0.49%
MCHP	D	-0.48%
OLED	D	-0.47%
TER	D	-0.47%
PYCR	C	-0.36%
CRWD	B	-0.36%
KD	B	-0.36%
GTLB	B	-0.35%
NET	B	-0.34%
DDOG	A	-0.34%
WDAY	B	-0.33%
GEN	B	-0.32%
GLW	B	-0.31%
INFA	D	-0.3%
MSFT	F	-0.29%
ADI	D	-0.27%
AMD	F	-0.25%
ALGM	D	-0.25%
CDW	F	-0.24%

FXL: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Software - Infrastructure Information Technology Services Internet Content & Information Semiconductor Equipment & Materials Computer Systems Data Storage Electronic Components Telecom Services Business Services Communication Equipment Computer Hardware Conglomerates Consumer Electronics Contract Manufacturers Diversified Industrials Electronics & Computer Distribution Electronics Distribution Engineering & Construction