GSIB vs. DFNL ETF Comparison

Comparison of Themes Global Systemically Important Banks ETF (GSIB) to Davis Select Financial ETF (DFNL)

GSIB

Themes Global Systemically Important Banks ETF

GSIB Description

The fund is an actively managed exchange-traded fund ("ETF") that will invest in the equity securities of companies that operate in the global banking sector. Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that are part of the global banking sector and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") that represent such companies in the banking sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.04

Average Daily Volume

1,618

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DFNL

Davis Select Financial ETF

DFNL Description

The investment seeks long-term growth of capital. The fund's investment adviser, uses the Davis Investment Discipline to invest, under normal market conditions, at least 80% of its net assets plus any borrowings for investment purposes in securities issued by companies principally engaged in the financial services sector. The fund's portfolio, generally, contains between 15 and 35 companies. It invests, principally, in common stocks. The fund may invest in large, medium or small companies without regard to market capitalization and may invest in issuers in foreign countries, including countries with developed or emerging markets. It is non-diversified.

Grade (RS Rating)

Last Trade

$37.76

Average Daily Volume

7,999

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GSIB	DFNL
30 Days	3.82%	3.15%
60 Days	3.25%	2.38%
90 Days	11.55%	11.10%
12 Months		44.09%

5 Overlapping Holdings

Symbol	Grade	Weight in GSIB	Weight in DFNL	Overlap
BAC	B	3.57%	2.44%	2.44%
BK	B	4.17%	5.75%	4.17%
JPM	A	3.59%	6.29%	3.59%
STT	A	4.05%	1.5%	1.5%
WFC	A	3.96%	5.49%	3.96%

GSIB Overweight 11 Positions Relative to DFNL

Symbol	Grade	Weight
MS	B	3.96%
GS	B	3.6%
BCS	B	3.52%
C	A	3.52%
MFG	A	3.43%
HSBC	A	3.36%
MUFG	A	3.36%
SAN	A	3.29%
SMFG	C	3.27%
ING	D	3.04%
TD	F	3.02%

GSIB Underweight 16 Positions Relative to DFNL

Symbol	Grade	Weight
COF	A	-8.59%
BRK.A	D	-7.04%
CB	C	-5.54%
FITB	B	-5.45%
MKL	C	-5.17%
USB	B	-5.02%
PNC	A	-4.75%
AXP	B	-3.88%
L	C	-3.09%
RKT	D	-2.77%
TFC	B	-2.74%
RNR	C	-2.32%
NTB	C	-1.71%
MTB	B	-1.68%
SCHW	B	-1.15%
EG	F	-1.0%