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PIEQ vs TMAT

Principal International Equity ETF vs Main Thematic Innovation ETF

PIEQ

Principal International Equity ETF

Principal Funds

Annual cost

0.48%

Fund size

$1.5B

TMAT

Main Thematic Innovation ETF

Main Management ETFs

Annual cost

0.82%

Fund size

$211M

Key differences

  • PIEQ costs 0.34% less per year.
  • PIEQ is significantly larger than TMAT — larger funds tend to be more liquid and less likely to close.
  • PIEQ is classified as equity, while TMAT is alternative — different risk/return profiles.
  • PIEQ covers global markets; TMAT covers north america.
  • PIEQ follows a index tracking strategy; TMAT uses option income.

Side-by-side comparison

PIEQTMAT
Annual cost (TER)0.48%0.82%
Fund size (AUM)$1.5B$211M
Since20242021
Dividend yield1.22%0.02%
Asset classequityalternative
Regionglobalnorth america
Strategyindex trackingoption income
CAGR 1Y+28.5%+41.0%
CAGR 3YN/A+27.6%
CAGR 5YN/A+5.6%
Sharpe 3YN/A0.89
Volatility 1Y15.72%23.91%
Max drawdown-15.17%-58.55%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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