DGIN vs TMAT
VanEck Digital India ETF vs Main Thematic Innovation ETF
Which is better, DGIN or TMAT?
TMAT has been ahead.
DGIN has a lower expense ratio. TMAT led over 1Y, 3Y and the full window. TMAT is less concentrated, with 30.3% of the fund in its ten largest positions against 58.6%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DGIN | TMAT |
|---|---|---|
| Expense Ratio | 0.70%Best | 0.79% |
| AUM | $11M | $259M |
| Dividend Yield | 2.24% | 0.02% |
| Holdings | 62 | 168 |
| YTD Return | -15.32% | +12.58%Best |
| 1Y Return | -13.26% | +1.72%Best |
| 3Y Return (annualized) | +2.28% | +28.31%Best |
| 5Y Return (annualized) | - | +4.73% |
| Volatility (annualized) | 17.5%Best | 28.9% |
| Max Drawdown | -33.6%Best | -35.6% |
| $10,000 over 4.7 years | $10,042 | $16,554Best |
| Top 10 Weight | 58.6% | 30.3%Best |
| Fund Family | VanEck | Main Management ETF Advisors, LLC |
| Category | Equity | Equity |
| Style | All Cap Blend | All Cap Blend |
| Inception | Feb 15, 2022 | Jan 28, 2021 |
Volatility and max drawdown, and the $10,000 over 4.7 years row, are measured over the window both funds cover: Feb 17, 2022 to Oct 14, 2026 (4.7 years).
DGIN vs TMAT growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.7 years both funds cover.
DGIN vs TMAT Performance
VanEck Digital India ETF (DGIN) is an ETF from VanEck and Main Thematic Innovation ETF (TMAT) is an ETF from Main Management ETF Advisors, LLC. Over the past year DGIN returned -13.26% while TMAT returned +1.72%. Year to date, DGIN is down 15.32% versus a gain of 12.58% for TMAT.
Over three years, DGIN compounded at +2.28% per year against +28.31% for TMAT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TMAT has been the more volatile fund, with annualized monthly volatility of 28.9% compared with 17.5% for DGIN. 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 -33.6% for DGIN and -35.6% for TMAT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.45. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DGIN charges 0.70% per year while TMAT charges 0.79%. On a $10,000 position that is $70 vs $79 annually, a gap of $9 per year that compounds over a long holding period. On income, DGIN currently yields 2.24% against 0.02% for TMAT.
Holdings Overlap
We hold position weights for 32 holdings in DGIN and 85 in TMAT, totalling 98.3% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 32 positions we hold weights for in DGIN and 85 in TMAT, against full books of 62 and 168.
What only one of them owns
Our book lists 77 positions for TMAT that do not appear in our book for DGIN (90.1% of the fund), and 0 for DGIN that do not appear in TMAT (0.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of DGIN and TMAT you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DGIN or TMAT?
DGIN has an expense ratio of 0.70% while TMAT charges 0.79%. DGIN is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, DGIN or TMAT?
Over the past year DGIN returned -13.26% vs +1.72% for TMAT, so TMAT leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DGIN or TMAT?
TMAT has been the more volatile fund at 28.9% annualized versus 17.5% for DGIN. Worst drawdown: DGIN -33.6% vs TMAT -35.6%.
Should I hold both DGIN and TMAT?
DGIN and TMAT have a monthly-return correlation of 0.45, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, DGIN or TMAT?
DGIN yields 2.24% while TMAT yields 0.02%, so DGIN currently pays the higher dividend yield.
Is TMAT better than DGIN?
DGIN has a lower expense ratio. TMAT led over 1Y, 3Y and the full window. TMAT is less concentrated, with 30.3% of the fund in its ten largest positions against 58.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.