TMATMain Thematic Innovation ETF
Seeks to outperform the MSCI ACWI Index in rising markets while limiting losses during periods of decline.
By Main Management ETFs · Launched 2021
0.82%
#4,403 of 5,861 · expensive
$255M
#2,153 of 5,861 · mid-size
0.02%
5 years
#2,241 of 5,861 · seasoned
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 24.0% of fund✓ well diversified
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks to outperform the MSCI ACWI Index in rising markets while limiting losses during periods of decline.
- Strategy
- Actively manages a portfolio of theme-based domestic equity securities of any market capitalization, focusing on emerging, disruptive, and innovative themes. The Adviser rotates among themes with large addressable markets and may use a covered call strategy to dampen volatility and generate additional returns.
- Inception date
- January 28, 2021
- Fund family
- Main Management ETFs
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
The big yield isn't extra money
The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.
Sources: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-08-04