TMAT vs VXUS

Quick Verdict

VXUS has a lower expense ratio. VXUS delivered stronger 1-year returns. VXUS offers more diversification with 7861 holdings.

Lower Fees: VXUSHigher Returns: VXUSMore Diversified: VXUS

Side-by-Side Comparison

MetricTMATVXUSWinner
Expense Ratio0.85%0.05%
AUM$233M$156.5B
Dividend Yield0.02%2.60%
Holdings988,747
YTD Return+17.25%+14.57%
1Y Return+19.48%+27.82%
3Y Return (annualized)+25.52%+19.27%
5Y Return (annualized)+4.88%+9.28%
Volatility (annualized)28.1%15.1%
Max Drawdown-58.5%-39.9%
Fund FamilyMain Management ETF Advisors, LLCVanguard (US)
CategoryEquityEquity
InceptionJan 28, 2021Jan 26, 2011

TMAT vs VXUS Performance

Main Thematic Innovation ETF (TMAT) is a ETF from Main Management ETF Advisors, LLC and Vanguard Total International Stock ETF (VXUS) is a ETF from Vanguard (US). Over the past year TMAT returned +19.48% while VXUS returned +27.82%. Year to date, TMAT is up 17.25% versus a gain of 14.57% for VXUS.

Over three years, TMAT compounded at +25.52% per year against +19.27% for VXUS; over five years the annualized figures are +4.88% and +9.28% respectively. Across the full 6-year window we track, VXUS has the edge at +4.86% annualized vs +3.44%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

TMAT has been the more volatile fund, with annualized monthly volatility of 28.1% compared with 15.1% for VXUS. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -58.5% for TMAT and -39.9% for VXUS. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.66. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

TMAT charges 0.85% per year while VXUS charges 0.05%. On a $10,000 position that is $85 vs $5 annually, a gap of $80 per year that compounds over a long holding period. On income, TMAT currently yields 0.02% against 2.60% for VXUS.

Holdings Overlap

0.2%overlap

TMAT and VXUS share 3 holdings out of 7955 unique holdings combined, representing a 0.2% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in TMATWeight in VXUSDifference
PDD0.60%0.18%0.42%
BB:CA0.71%0.00%0.71%
CAE:CA0.43%0.02%0.41%

Frequently Asked Questions

Which is cheaper, TMAT or VXUS?

TMAT has an expense ratio of 0.85% while VXUS charges 0.05%. VXUS is the cheaper option. On a $10,000 investment, that is $80 per year of difference.

Which performed better, TMAT or VXUS?

Over the past year TMAT returned +19.48% vs +27.82% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (6 years), TMAT annualized +3.44% vs +4.86% for VXUS. Past performance does not guarantee future results.

Which is riskier, TMAT or VXUS?

TMAT has been the more volatile fund at 28.1% annualized versus 15.1% for VXUS. Worst drawdown: TMAT -58.5% vs VXUS -39.9%.

Should I hold both TMAT and VXUS?

TMAT and VXUS have a monthly-return correlation of 0.66, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between TMAT and VXUS?

TMAT and VXUS share 3 common holdings with a 0.2% weight overlap. Combined, they hold 7955 unique securities.

Which pays a higher dividend, TMAT or VXUS?

TMAT yields 0.02% while VXUS yields 2.60%, so VXUS currently pays the higher dividend yield.

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