TMAT vs KBWP
Comparison between MAIN THEMATIC INNOVATION ETF (TMAT, ETF) and INVESCO KBW PROPERTY & CASUALTY INSURANCE ETF (KBWP, ETF).
5-Year PerformanceKBWP has outperformed TMAT, delivering a return of +11.7% compared to +4.6%
TMAT vs KBWP - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
TMAT
$242M
Winner
KBWP
$242M
Expense Ratio
TMAT
0.82%
Winner
KBWP
0.35%
Max Drawdown
TMAT
58.64%
Winner
KBWP
40.31%
Sharpe Ratio
Winner
TMAT
1.10
KBWP
0.01
5Y Beta
TMAT
1.53
Winner
KBWP
0.36
P/E Ratio
TMAT
49.10
Winner
KBWP
10.53
Forward P/E
TMAT
27.19
Winner
KBWP
11.29
PEG Ratio
TMAT
N/A
KBWP
0.14
5Y Dividends CAGR
TMAT
N/A
KBWP
10.12%
5Y EPS CAGR
TMAT
17.49%
Winner
KBWP
20.52%
Debt to Equity
TMAT
N/A
KBWP
36.90%
P/S Ratio
TMAT
3.82
Winner
KBWP
1.46
P/B Ratio
TMAT
7.37
Winner
KBWP
1.90
TMAT vs KBWP - Holdings Comparison
TMAT and KBWP have 1 common holdings. Overlap is 0.00%
TMAT's top 25 holdings weight is 50.26%. KBWP's top 25 holdings weight is 100.00%.
| Rank | TMAT | KBWP |
|---|---|---|
| #1 | MICRON TECHNOLOGY INC (MU) - 3.74% | AON PLC CLASS A (AON) - 8.21% |
| #2 | PALO ALTO NETWORKS INC (PANW) - 3.39% | THE TRAVELERS COMPANIES INC (TRV) - 8.20% |
| #3 | VICOR CORP (VICR) - 2.72% | PROGRESSIVE CORP (PGR) - 7.98% |
| #4 | CIENA CORP (CIEN) - 2.65% | CHUBB LTD (CB) - 7.94% |
| #5 | LUMENTUM HOLDINGS INC (LITE) - 2.64% | MARSH (MRSH) - 7.49% |
| #6 | CLEAR SECURE INC ORDINARY SHARES CLASS A (YOU) - 2.56% | ALLSTATE CORP (ALL) - 4.25% |
| #7 | AAON INC (AAON) - 2.49% | CINCINNATI FINANCIAL CORP (CINF) - 4.17% |
| #8 | CROWDSTRIKE HOLDINGS INC CLASS A (CRWD) - 2.33% | EVEREST GROUP LTD (EG) - 4.00% |
| #9 | FORTINET INC (FTNT) - 2.11% | AMERICAN INTERNATIONAL GROUP INC (AIG) - 3.97% |
| #10 | KEYSIGHT TECHNOLOGIES INC (KEYS) - 2.05% | WR BERKLEY CORP (WRB) - 3.94% |
| #11 | ADVANCED MICRO DEVICES INC (AMD) - 1.95% | THE HARTFORD INSURANCE GROUP INC (HIG) - 3.91% |
| #12 | MODINE MANUFACTURING CO (MOD) - 1.82% | ARTHUR J. GALLAGHER & CO (AJG) - 3.91% |
| #13 | VERTIV HOLDINGS CO CLASS A (VRT) - 1.71% | ASSURANT INC (AIZ) - 3.81% |
| #14 | n/a (BSY) - 1.70% | ARCH CAPITAL GROUP LTD (ACGL) - 3.79% |
| #15 | RUBRIK INC CLASS A SHARES (RBRK) - 1.65% | RENAISSANCERE HOLDINGS LTD (RNR) - 3.73% |
| #16 | GENERAC HOLDINGS INC (GNRC) - 1.61% | WILLIS TOWERS WATSON PLC (WTW) - 3.64% |
| #17 | AUTODESK INC (ADSK) - 1.60% | BROWN & BROWN INC (BRO) - 3.41% |
| #18 | n/a (HNGE) - 1.50% | AMERICAN FINANCIAL GROUP INC (AFG) - 3.31% |
| #19 | TERADYNE INC (TER) - 1.50% | AXIS CAPITAL HOLDINGS LTD (AXS) - 2.18% |
| #20 | ADVANCED ENERGY INDUSTRIES INC (AEIS) - 1.48% | THE HANOVER INSURANCE GROUP INC (THG) - 2.03% |
| #21 | GE VERNOVA INC (GEV) - 1.45% | MERCURY GENERAL CORP (MCY) - 1.68% |
| #22 | VIAVI SOLUTIONS INC (VIAV) - 1.41% | SELECTIVE INSURANCE GROUP INC (SIGI) - 1.60% |
| #23 | MYR GROUP INC (MYRG) - 1.41% | RLI CORP (RLI) - 1.45% |
| #24 | SEAGATE TECHNOLOGY HOLDINGS PLC (STX) - 1.41% | RYAN SPECIALTY HOLDINGS INC CLASS A (RYAN) - 1.29% |
| #25 | BLACKBERRY LTD (BB) - 1.38% | INVESCO SHRT-TRM INV GOV&AGCY INSTL (AGPXX) - 0.11% |
| Total Holdings | 89 | 26 |
TMAT vs KBWP - Historical Returns
Returns include dividend reinvestment.
1M
Winner
TMAT
+4.32%
KBWP
+3.08%
3M
Winner
TMAT
+24.55%
KBWP
+1.86%
6M
Winner
TMAT
+14.85%
KBWP
-2.32%
1Y
Winner
TMAT
+33.42%
KBWP
+1.03%
5Y(CAGR)
TMAT
+4.61%
Winner
KBWP
+11.66%
10Y(CAGR)
TMAT
N/A
KBWP
+12.05%
Max(CAGR)
TMAT
+3.43%
Winner
KBWP
+13.07%
TMAT vs KBWP - Annual Returns (2010 - 2026)
Returns include dividend reinvestment.
| Year | TMAT | KBWP |
|---|---|---|
| 2026 | +16.53% | -1.80% |
| 2025 | +18.16% | +12.19% |
| 2024 | +30.39% | +28.79% |
| 2023 | +32.08% | +6.85% |
| 2022 | -39.69% | +10.93% |
| 2021 | -17.01% | +23.29% |
| 2020 | N/A | -1.94% |
| 2019 | N/A | +30.22% |
| 2018 | N/A | -0.62% |
| 2017 | N/A | +9.12% |
| 2016 | N/A | +22.06% |
| 2015 | N/A | +16.27% |
| 2014 | N/A | +12.15% |
| 2013 | N/A | +32.29% |
| 2012 | N/A | +24.21% |
| 2011 | N/A | -0.75% |
| 2010 | N/A | -0.04% |
TMAT vs KBWP Drawdown Comparison
The maximum drawdown for TMAT was -58.55%, occurring on Oct 14, 2022. Recovery took 1155 trading sessions.
The maximum drawdown for KBWP was -39.74%, occurring on Mar 23, 2020. Recovery took 269 trading sessions.
The current TMAT drawdown is -5.34%. The current KBWP drawdown is -4.26%.
| Rank | TMAT | KBWP |
|---|---|---|
| #1 | -58.55% Feb 12, 2021 - Sep 19, 2025 | -39.74% Feb 11, 2020 - Mar 8, 2021 |
| #2 | -21.63% Oct 9, 2025 - May 26, 2026 | -19.06% Apr 29, 2011 - Feb 3, 2012 |
| #3 | -10.39% Jun 2, 2026 - Jun 10, 2026 | -17.01% Apr 1, 2022 - Nov 25, 2022 |
| #4 | -3.88% Sep 22, 2025 - Oct 6, 2025 | -16.57% Sep 21, 2018 - Apr 11, 2019 |
| #5 | -1.55% May 26, 2026 - May 29, 2026 | -13.35% Feb 7, 2023 - Nov 22, 2023 |
| #6 | -1.35% Oct 6, 2025 - Oct 8, 2025 | -12.29% Nov 27, 2024 - Apr 1, 2025 |
| #7 | -0.46% Feb 10, 2021 - Feb 12, 2021 | -12.27% Aug 4, 2017 - Nov 29, 2017 |
| #8 | N/A | -11.59% Apr 1, 2025 - May 19, 2025 |
| #9 | N/A | -10.43% Dec 31, 2013 - May 29, 2014 |
| #10 | N/A | -9.61% Dec 29, 2015 - Mar 17, 2016 |
| #11 | N/A | -9.57% Dec 30, 2025 - Jun 3, 2026 |
| #12 | N/A | -8.92% May 10, 2021 - Aug 20, 2021 |
| #13 | N/A | -8.45% Jun 2, 2025 - Dec 12, 2025 |
| #14 | N/A | -8.30% Aug 18, 2015 - Oct 20, 2015 |
| #15 | N/A | -7.48% Oct 25, 2021 - Jan 4, 2022 |
Correlation
Correlation between TMAT and KBWP is 0.43 which considered as a weak positive correlation - the stocks show a slight tendency to move together.
0.43
-101
Dividend Comparison (2011 - 2026)
TMAT vs KBWP dividend yield comparison.
| Year | TMAT | KBWP |
|---|---|---|
| 2026 | 0.00% | 0.81% |
| 2025 | 0.02% | 1.58% |
| 2024 | 0.00% | 1.64% |
| 2023 | 0.00% | 1.68% |
| 2022 | 0.34% | 1.99% |
| 2021 | 0.20% | 3.02% |
| 2020 | 0.00% | 1.93% |
| 2019 | 0.00% | 1.99% |
| 2018 | 0.00% | 2.11% |
| 2017 | 0.00% | 1.90% |
| 2016 | 0.00% | 2.14% |
| 2015 | 0.00% | 1.35% |
| 2014 | 0.00% | 2.73% |
| 2013 | 0.00% | 1.72% |
| 2012 | 0.00% | 3.06% |
| 2011 | 0.00% | 2.86% |
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