TMATMain Thematic Innovation ETF
Seeks to outperform the MSCI ACWI Index in rising markets while limiting losses during declines.
By Main Management ETFs · Launched 2021
0.82%
#4,229 of 5,562 · expensive
$242M
#2,157 of 5,562 · mid-size
0.02%
5 years
#2,294 of 5,562 · seasoned
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 19.4% 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
Where to buy
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks to outperform the MSCI ACWI Index in rising markets while limiting losses during declines.
- Strategy
- Invests primarily in theme-based domestic equities across all market capitalizations. Employs dynamic thematic rotation focusing on emerging and innovative themes with large addressable markets, such as genomics and clean energy. May use covered call strategies to enhance returns and manage volatility.
- Inception date
- January 28, 2021
- Fund family
- Main Management ETFs
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Covered call ETF — yield ≠ total return
The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.
Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Why we flagged this: strategy=option_income + option_income_strategy
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 2026-06-19