CZAR vs. VABS ETF Comparison

Comparison of Themes Natural Monopoly ETF (CZAR) to Virtus Newfleet ABS/MBS ETF (VABS)

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

$28.87

Average Daily Volume

196

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VABS

Virtus Newfleet ABS/MBS ETF

VABS Description

The Fund seeks to generate income by investing primarily in short-duration, investment-grade securitized debt across asset-backed securities (ABS) and mortgage-backed securities (MBS), including commercial and residential MBS. A disciplined, time-tested investment process and rigorous risk management approach seeks to target ABS and MBS with competitive yield and current income across undervalued areas of securitized credit markets.

Grade (RS Rating)

Last Trade

$24.19

Average Daily Volume

2,623

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CZAR	VABS
30 Days	-2.69%	-0.68%
60 Days	-0.96%	-0.53%
90 Days	4.49%	0.14%
12 Months		6.22%

0 Overlapping Holdings

	Symbol	Grade	Weight in CZAR	Weight in VABS	Overlap

CZAR Overweight 44 Positions Relative to VABS

Symbol	Grade	Weight
CSCO	B	3.9%
META	B	3.5%
OTEX	F	3.43%
APO	B	3.4%
FTV	F	3.35%
AXP	A	3.28%
ADI	C	3.27%
AJG	D	3.11%
ADBE	F	2.75%
BMY	A	2.38%
GILD	A	2.37%
VRTX	D	1.86%
KVUE	B	1.25%
KO	D	1.07%
PEP	D	1.05%
PG	D	1.03%
AME	A	0.88%
XYL	F	0.85%
SNA	A	0.64%
CVX	A	0.63%
CPAY	B	0.6%
MA	B	0.53%
EXC	C	0.53%
CHTR	B	0.52%
CMCSA	A	0.5%
ROL	D	0.48%
V	A	0.48%
LKQ	F	0.47%
GPN	D	0.46%
ECL	C	0.41%
UBER	C	0.41%
ABNB	B	0.4%
LIN	C	0.39%
WCN	D	0.38%
CNI	F	0.36%
STLA	F	0.35%
T	A	0.33%
FDX	C	0.33%
DGX	B	0.31%
IQV	F	0.3%
VZ	D	0.29%
VMC	A	0.29%
RSG	D	0.24%
GPC	F	0.14%

CZAR Underweight 50 Positions Relative to VABS

Symbol	Grade	Weight
RLJ	F	-4.48%
BW	B	-2.27%
EFC	D	-1.89%
BFS	D	-1.53%
EQC	C	-1.49%
DRH	D	-1.35%
PBI	A	-1.34%
TWO	F	-1.26%
ARR	D	-1.25%
GNL	D	-0.94%
F	D	-0.87%
MFA	D	-0.86%
CIM	D	-0.82%
IVR	F	-0.78%
DBRG	D	-0.62%
ET	A	-0.55%
EPR	D	-0.47%
MITT	D	-0.45%
CTO	B	-0.29%
PSEC	D	-0.23%
TDS	B	-0.23%
PMT	D	-0.21%
AHH	D	-0.17%
SHO	D	-0.17%
LXP	D	-0.17%
INN	F	-0.16%
ATCOL	A	-0.15%
BHR	D	-0.15%
UMH	D	-0.11%
ABR	B	-0.1%
ALLY	F	-0.1%
FTAI	A	-0.06%
ALTG	D	-0.05%
FHN	B	-0.04%
AL	B	-0.04%
CIO	D	-0.03%
NLY	D	-0.03%
SNV	B	-0.02%
DX	C	-0.02%
CODI	D	-0.02%
PEB	F	-0.01%
CNO	A	-0.01%
VNO	B	-0.01%
BOH	A	-0.01%
SF	A	-0.01%
EQH	B	-0.01%
COF	A	-0.01%
IFF	D	-0.01%
JPM	A	-0.01%
NEE	D	-0.01%