CZAR vs. QEFA ETF Comparison

Comparison of Themes Natural Monopoly ETF (CZAR) to SPDR EURO STOXX Small Cap ETF (QEFA)

CZAR

Themes Natural Monopoly ETF

CZAR Description

The index is designed to provide exposure to companies in the large- and mid- capitalization segments that exhibit a strong competitive advantage in their respective sector. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.85

Average Daily Volume

322

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QEFA

SPDR EURO STOXX Small Cap ETF

QEFA Description

The investment seeks to track the performance of the MSCI EAFE (Europe, Australasia, Far East) Quality Mix Index. The index captures large- and mid-cap representation across 22 developed market Europe, Australasia, and Far East countries and aims to represent the performance of value, low volatility, and quality factor strategies. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in American Depositary Receipts ("ADRs") or Global Depositary Receipts ("GDRs") based on securities comprising the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$74.78

Average Daily Volume

25,971

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CZAR	QEFA
30 Days	1.67%	-2.84%
60 Days	1.36%	-6.29%
90 Days	3.36%	-6.48%
12 Months		9.95%

1 Overlapping Holdings

	Symbol	Grade	Weight in CZAR	Weight in QEFA	Overlap
	STLA	F	0.35%	0.34%	0.34%

CZAR Overweight 44 Positions Relative to QEFA

Symbol	Grade	Weight
CSCO	B	3.99%
APO	B	3.87%
BLK	C	3.7%
META	D	3.57%
AXP	A	3.46%
FTV	C	3.34%
AJG	B	3.16%
ADI	D	3.04%
OTEX	D	3.0%
ADBE	C	2.99%
BMY	B	2.61%
GILD	C	2.49%
VRTX	F	1.91%
KVUE	A	1.3%
PG	A	1.01%
AME	A	1.01%
PEP	F	1.0%
KO	D	0.98%
XYL	D	0.78%
SNA	A	0.7%
CVX	A	0.67%
CPAY	A	0.63%
CHTR	C	0.62%
GPN	B	0.54%
MA	C	0.53%
CMCSA	B	0.52%
V	A	0.52%
EXC	C	0.49%
ROL	B	0.48%
LKQ	D	0.48%
ABNB	C	0.41%
ECL	D	0.39%
WCN	A	0.39%
UBER	D	0.37%
LIN	D	0.37%
FDX	B	0.36%
CNI	D	0.35%
VMC	B	0.33%
T	A	0.32%
DGX	A	0.31%
VZ	C	0.27%
IQV	D	0.26%
RSG	A	0.24%
GPC	D	0.15%

CZAR Underweight 25 Positions Relative to QEFA

Symbol	Grade	Weight
NVS	D	-1.84%
UL	D	-1.47%
HSBH	B	-0.68%
ABBV	D	-0.58%
MUFG	B	-0.49%
MFG	B	-0.47%
DEO	F	-0.42%
TM	D	-0.39%
CHKP	D	-0.38%
E	F	-0.37%
SMFG	B	-0.37%
BCS	C	-0.31%
LYG	F	-0.24%
QGEN	D	-0.23%
SONY	B	-0.22%
HMC	F	-0.18%
MT	B	-0.13%
LOGI	D	-0.08%
CCEP	C	-0.08%
NMR	B	-0.05%
AER	B	-0.04%
AGCO	D	-0.02%
SE	B	-0.02%
MBAVU	D	-0.02%
TEVA	D	-0.0%

QEFA: Top Represented Industries & Keywords

Industries: Auto Manufacturers Banks - Global Drug Manufacturers - Major Airports & Air Services Banks - Regional - Asia Banks - Regional - Europe Beverages - Soft Drinks Beverages - Wineries & Distilleries Capital Markets Computer Systems Consumer Electronics Diagnostics & Research Drug Manufacturers - Specialty & Generic Electronic Gaming & Multimedia Farm & Construction Equipment Household & Personal Products Oil & Gas Integrated Software - Application Steel