Summary
TMAT
Prices · period metrics · 12M
NAV as of 21/07/2026
02/04/2025 → 02/04/2026
Return 18.05% Volatility 29.68% Sharpe 0.94
Official loaded data — not a live quote.

MAIN THEMATIC INNOVATION ETF

Symbol: TMAT

Exchange: BATS

Sector: Technology

Category: Global Small/Mid Stock

Inception date: 28/01/2021

Latest date: 21/07/2026

Current price: $28.96

Expense ratio: 0.82%

Assets under management
$255.2M
0.45% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

-6.07%

Ann. -41.59% (Sharpe / Sortino numerator)

Volatility

27.44%

Sharpe ratio

-1.648

VaR 95%

-2.91%

CVaR 95%: -3.04%
Max drawdown: -9.73%
Sortino ratio: -2.820
Calmar ratio: -4.27

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

11.43%

Ann. -20.72% (Sharpe / Sortino numerator)

Volatility

23.69%

Sharpe ratio

-1.028

VaR 95%

-2.65%

CVaR 95%: -2.89%
Max drawdown: -14.11%
Sortino ratio: -1.655
Calmar ratio: -1.47

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

15.47%

Ann. -26.87% (Sharpe / Sortino numerator)

Volatility

26.49%

Sharpe ratio

-1.151

VaR 95%

-2.90%

CVaR 95%: -3.73%
Max drawdown: -21.63%
Sortino ratio: -1.654
Calmar ratio: -1.24

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

18.05%

Ann. 31.42% (Sharpe / Sortino numerator)

Volatility

29.68%

Sharpe ratio

0.936

VaR 95%

-2.86%

CVaR 95%: -4.20%
Max drawdown: -21.63%
Sortino ratio: 1.294
Calmar ratio: 1.45

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

62.10%

Ann. 18.32% (Sharpe / Sortino numerator)

Volatility

29.80%

Sharpe ratio

0.493

VaR 95%

-3.00%

CVaR 95%: -4.43%
Max drawdown: -33.42%
Sortino ratio: 0.663
Calmar ratio: 0.55

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

84.97%

Ann. 19.16% (Sharpe / Sortino numerator)

Volatility

27.82%

Sharpe ratio

0.558

VaR 95%

-2.84%

CVaR 95%: -4.02%
Max drawdown: -33.42%
Sortino ratio: 0.785
Calmar ratio: 0.57

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 21/07/2025 - 21/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.08%

Best day

4.413%

11/06/2026
Worst day

-6.094%

05/06/2026
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
21/07/2026 $28.83 $29.00 $28.62 $28.96 140,400
20/07/2026 $28.61 $28.63 $28.27 $28.31 9,000
17/07/2026 $28.38 $28.75 $28.13 $28.32 17,400
16/07/2026 $28.72 $28.75 $28.24 $28.35 22,900
15/07/2026 $29.26 $29.26 $28.69 $29.17 14,400
14/07/2026 $29.60 $29.84 $29.57 $29.71 15,900
13/07/2026 $29.07 $29.38 $28.98 $29.03 10,100
10/07/2026 $29.63 $29.65 $29.50 $29.62 14,300
09/07/2026 $29.52 $30.00 $29.52 $29.84 15,100
08/07/2026 $28.76 $29.07 $28.47 $29.07 10,900