Themes TransatlanticIndustrialsNATO · Nasdaq

Themes Transatlantic Defense ETF (NATO)

Compare Industrials & Infrastructure ETFs Compare with others

Price: $38.33; —11 Sept 2026
Assets: —; Total net assets
Expense ratio: 0.35%; Category 0.64%
Yield: —; Trailing distributions

1Y return: 3.0%-11.1%; Category 14.1%
3Y CAGR: —; Category 18.6%
5Y CAGR: —; Category 11.4%

Loading NAV history…

Themes Transatlantic Defense ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-12.0%	-3.7%	-6.0%	+0.2%	+3.0%	—	—	—	+24.4%
Industrials average	-7.8%	-5.9%	3.2%	9.6%	14.1%	18.6%	11.4%	12.8%	7.1%
Difference	-4.2%	+2.2%	-9.2%	-9.3%	-11.1%	—	—	—	+17.2%

Holdings

The 10 largest positions make up 61.4% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
RTX	RTX Corp	8.66%
RR.L	Rolls-Royce Holdings PLC	8.10%
GE	GE Aerospace	7.66%
BA	Boeing Co	7.37%
SAF.PA	Safran SA	6.35%
AIR.PA	Airbus SE	6.29%
LMT	Lockheed Martin Corp	4.86%
HWM	Howmet Aerospace Inc	4.12%
BA.L	BAE Systems PLC	4.03%
GD	General Dynamics Corp	4.00%

Portfolio valuation

Weighted averages of what the fund holds.

P/E: 29.7
P/B: 6.2
P/S: 2.8
P/CF: 20.1

Sector allocation

Share of the equity the fund holds.

Industrials98.4%
Technology1.6%

Asset mix

Stocks99.7%
Cash0.2%
Other0.1%

ETF details

Issuer: Themes Transatlantic
Category: Equity · Industrials
Ticker: NATO
Exchange: Nasdaq
Inception: 11 Oct 2024 (1.9 years)
Structure: Exchange Traded Fund
Expense ratio: 0.35% (category 0.64%)
Holdings turnover: 0% (category 37%)
Distribution yield: —
Total net assets: —

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

Other industrials ETFs

Other ETFs in the Industrials category.

Compare Industrials & Infrastructure ETFs