Main Thematic Innovation Etf Profile
| TMAT Etf | USD 21.88 0.41 1.91% |
Performance27 of 100
| Odds Of DistressLess than 9
|
Main Thematic is selling for under 21.88 as of the 30th of November 2024; that is 1.91 percent increase since the beginning of the trading day. The etf's last reported lowest price was 21.85. Main Thematic has less than a 9 % chance of experiencing financial distress in the next few years and had a strong performance during the last 90 days. Equity ratings for Main Thematic Innovation are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The adviser seeks to achieve its objective through dynamic thematic rotation. Main Thematic is traded on BATS Exchange in the United States. More on Main Thematic Innovation
Moving together with Main Etf
| 0.94 | INFL | Horizon Kinetics Inf | PairCorr |
| 0.87 | PSP | Invesco Global Listed | PairCorr |
| 0.64 | GXTG | Global X Thematic | PairCorr |
Moving against Main Etf
Main Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Global Small/Mid Stock, Main Management ETFs (View all Sectors) |
| Issuer | Main Management |
| Inception Date | 2021-01-29 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 168.53 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Gemini Fund Services, LLC |
| Advisor | Main Management ETF Advisors, LLC |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | Northern Lights Distributors, LLC |
| Portfolio Manager | Kim D. Arthur, James W. Concidine, J. Richard Fredericks, Alex Varner |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 31-Dec |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 124 |
| Market Maker | Virtu Financial |
| Total Expense | 1.58 |
| Management Fee | 0.65 |
| Country Name | USA |
| Returns Y T D | 31.08 |
| Name | Main Thematic Innovation ETF |
| Currency Code | USD |
| Open Figi | BBG00Z2ZS4R4 |
| In Threey Volatility | 28.23 |
| 1y Volatility | 24.13 |
| 200 Day M A | 17.3795 |
| 50 Day M A | 18.8069 |
| Code | TMAT |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.32) |
| Type | ETF |
Main Thematic Innovation [TMAT] is traded in USA and was established 2021-01-28. The fund is listed under Global Small/Mid Stock category and is part of Main Management ETFs family. The entity is thematically classified as Strategy ETFs. Main Thematic Innovation at this time have 56.81 M in assets. , while the total return for the last 3 years was -0.9%.
Check Main Thematic Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Main Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Main Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Main Thematic Innovation Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Main Thematic Innovation Etf Constituents
| ARKF | ARK Fintech Innovation | Etf | Technology | |
| ARKG | ARK Genomic Revolution | Etf | Health | |
| BOTZ | Global X Robotics | Etf | Miscellaneous Sector | |
| CLOU | Global X Cloud | Etf | Technology | |
| ESPO | VanEck Video Gaming | Etf | Communications | |
| KOMP | SPDR Kensho New | Etf | Mid-Cap Growth | |
| KSTR | KraneShares SSE STAR | Etf | China Region | |
| ONLN | ProShares Online Retail | Etf | Consumer Cyclical |
Main Thematic Innovation Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Main Thematic. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.2219 | |||
| Jensen Alpha | 0.2325 | |||
| Total Risk Alpha | 0.1631 | |||
| Sortino Ratio | 0.1868 |
Main Thematic Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Main Thematic Innovation. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Main Thematic Innovation is measured differently than its book value, which is the value of Main that is recorded on the company's balance sheet. Investors also form their own opinion of Main Thematic's value that differs from its market value or its book value, called intrinsic value, which is Main Thematic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Main Thematic's market value can be influenced by many factors that don't directly affect Main Thematic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Main Thematic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Main Thematic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Main Thematic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.