TMAT ETF — Main Thematic Innovation ETF

Main Thematic Innovation ETF (TMAT)

Updated October 16, 2026.

TMAT is an ETF. its distribution rate is 0.14%, its trailing-12-month yield is 0.02%, its expense ratio is 0.79%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 11.1% over the past 5.7 years, 111.6 points behind SPY at 122.7%.

Main Thematic Innovation ETF is an equity fund that uses dynamic thematic rotation to identify and invest in emerging, disruptive, and innovative sectors such as genomics, fintech, e-commerce, robotics, artificial intelligence, cybersecurity, clean energy, cloud computing, autonomous technology, gaming and e-sports, and pet care. The fund has a very low distribution rate and carries an expense ratio of 0.79%, with semi-annual distributions; note that the latest distribution was special and may not recur on a regular basis. This fund appeals primarily to growth-oriented investors seeking exposure to innovation-focused themes rather than traditional income investors.

TMAT performance versus SPY

Price and return data through 2026-10-16.

Total return is 11.1% over the past 5.7 years, 111.6 points behind SPY at 122.7%. Over the past year its total return — price change plus distributions reinvested — is -1.5%. Its deepest 1-year drawdown was 21.4%.

TMAT key facts

Distribution Safety Score™

50 · Unproven

Issuer

Main Management

Asset type

ETF

Asset class

Equity

Inception date

01/28/2021

Expense ratio

0.79%

Distribution rate

0.14%

Distribution frequency

Semi-Annual

Trailing yield

0.02%

Last close

$27.29 (as of 2026-10-16)

AUM

$270,012,870

Average volume

30245.0

Dividend

$0.006

Ex-dividend date

12/23/2025

Payment date

12/29/2025

Beta

1.78

How Dividend Vision calculates yield and returns

Distribution rate (0.14%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.02%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Main Management; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

TMAT risks and drawbacks

TMAT's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are semi-annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 21.4%.

Who may consider TMAT — and who may not

It is a weaker fit for investors who need monthly cash flow (TMAT pays semi-annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on TMAT

• All tickers starting with T

Frequently asked questions

More securities from Main Management.