GSIB vs. EHLS ETF Comparison

Comparison of Themes Global Systemically Important Banks ETF (GSIB) to Even Herd Long Short ETF (EHLS)

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

$33.53

Average Daily Volume

2,375

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EHLS

Even Herd Long Short ETF

EHLS Description

EHLS seeks long-term capital appreciation through a momentum-focused strategy that takes both long and short positions in US equity securities. In selecting securities, the fund employs a proprietary algorithm that emphasizes a dynamic, trend-focused analysis, instead of a strictly bottom-up valuation analysis, driven by price movements and other data points based on market trends and stock momentum. The sub-adviser may adjust its proprietary system that is continuously optimized and refined. The fund strategy involves taking long positions in equity securities exhibiting strong upward momentum and short positions in those showing downward momentum. The actively managed fund targets a net equity exposure from 40% to 90% net long, subject to adjustments based on market conditions. The fund aims to maintain 100% long and 10-60% short exposure. Short sales may include entering into swap agreements or the use of leverage.

Grade (RS Rating)

Last Trade

$23.12

Average Daily Volume

2,612

Number of Holdings ^*

271

* may have additional holdings in another (foreign) market

Performance

Period	GSIB	EHLS
30 Days	4.25%	8.97%
60 Days	7.94%	10.38%
90 Days	8.25%	12.83%
12 Months

1 Overlapping Holdings

	Symbol	Grade	Weight in GSIB	Weight in EHLS	Overlap
	BK	A	4.13%	1.24%	1.24%

GSIB Overweight 15 Positions Relative to EHLS

Symbol	Grade	Weight
WFC	A	4.31%
MS	A	4.29%
STT	B	4.08%
GS	A	3.99%
BAC	A	3.74%
C	A	3.73%
JPM	A	3.72%
MUFG	B	3.7%
MFG	A	3.69%
BCS	A	3.61%
SMFG	B	3.59%
HSBC	A	3.29%
SAN	D	3.0%
TD	D	2.89%
ING	F	2.77%

GSIB Underweight 270 Positions Relative to EHLS

Symbol	Grade	Weight
SPOT	B	-2.25%
BMA	C	-2.14%
CSWI	B	-2.03%
QTWO	A	-1.82%
HWM	A	-1.8%
NVDA	B	-1.72%
GDS	C	-1.71%
LMB	B	-1.7%
IRM	C	-1.68%
PIPR	A	-1.67%
META	D	-1.64%
SLG	B	-1.62%
MSI	B	-1.57%
USLM	A	-1.53%
CTAS	B	-1.48%
HWKN	B	-1.46%
GVA	A	-1.41%
IGIC	B	-1.33%
VST	A	-1.31%
SE	A	-1.3%
FICO	B	-1.3%
CVNA	B	-1.29%
CRS	B	-1.27%
CW	C	-1.26%
ADMA	B	-1.26%
WELL	A	-1.25%
PLTR	B	-1.25%
TPB	B	-1.24%
CEG	C	-1.21%
SFM	A	-1.2%
CLBT	B	-1.2%
NRG	B	-1.2%
SKT	A	-1.14%
REAX	D	-1.1%
PAM	A	-1.09%
RDNT	B	-1.08%
SLVM	B	-1.06%
ARES	A	-1.05%
DASH	B	-1.05%
FTDR	B	-1.04%
TRGP	A	-1.03%
TPL	A	-1.02%
HOOD	B	-1.01%
BRO	B	-1.0%
AXP	A	-1.0%
THC	D	-0.98%
CBRE	B	-0.98%
RSI	A	-0.98%
TMUS	B	-0.96%
NPAB	F	-0.92%
EDN	B	-0.92%
WAB	B	-0.89%
ANET	C	-0.88%
JXN	C	-0.87%
GLNG	C	-0.86%
PNTG	D	-0.84%
MOD	A	-0.82%
IESC	C	-0.79%
COOP	B	-0.78%
SKYW	C	-0.76%
CNX	A	-0.76%
ISRG	A	-0.76%
KKR	A	-0.76%
EME	A	-0.75%
BSX	A	-0.71%
PSN	D	-0.7%
CDNA	D	-0.62%
HLNE	B	-0.62%
CCB	A	-0.56%
AMAL	B	-0.56%
AIT	B	-0.55%
ALSN	B	-0.55%
NBN	C	-0.54%
BBSI	B	-0.54%
FTI	A	-0.53%
CNK	C	-0.51%
PKG	A	-0.49%
TWLO	A	-0.49%
VERX	A	-0.49%
CLH	C	-0.48%
PGR	A	-0.48%
FI	A	-0.48%
TYL	B	-0.48%
QFIN	A	-0.47%
HUBB	B	-0.46%
MMYT	B	-0.46%
GRBK	D	-0.46%
POWL	C	-0.45%
UFPT	C	-0.44%
RNA	C	-0.44%
ALHC	C	-0.42%
CACI	D	-0.42%
RKLB	A	-0.39%
WULF	C	-0.34%
YPF	B	-0.32%
TCBX	B	-0.3%
CEIX	A	-0.3%
FRHC	B	-0.28%
KTB	B	-0.27%
MUSA	B	-0.27%
PPTA	C	-0.27%
CASH	B	-0.27%
EXLS	B	-0.26%
LYV	A	-0.26%
SOFI	B	-0.25%
MLR	C	-0.25%
PEGA	B	-0.25%
SNEX	B	-0.25%
MATX	C	-0.24%
ONON	A	-0.24%
BBW	C	-0.24%
GATO	C	-0.23%
TRUP	B	-0.23%
EXEL	B	-0.23%
AORT	B	-0.22%
CSTM	F	--0.07%
NEP	F	--0.09%
SPT	C	--0.14%
CVI	F	--0.15%
AMN	F	--0.16%
VSAT	F	--0.16%
AES	F	--0.17%
PGNY	F	--0.17%
STNG	F	--0.17%
APTV	F	--0.18%
ENPH	F	--0.18%
WU	F	--0.18%
FLNG	C	--0.19%
W	D	--0.2%
BEN	C	--0.2%
COLD	D	--0.2%
VAL	F	--0.2%
AMRC	F	--0.2%
WRLD	C	--0.2%
ASH	F	--0.21%
ELF	C	--0.21%
DG	F	--0.21%
ADNT	F	--0.21%
WSC	F	--0.21%
ASML	F	--0.22%
IGT	F	--0.22%
ENOV	C	--0.22%
PARR	F	--0.22%
FIVE	F	--0.22%
AVTR	F	--0.22%
DOOO	F	--0.22%
LEA	F	--0.22%
CSGP	D	--0.23%
MRK	D	--0.23%
ROG	D	--0.23%
DLB	B	--0.23%
NTST	C	--0.23%
APA	D	--0.23%
IMCR	D	--0.23%
NKE	F	--0.23%
TEX	F	--0.23%
ELV	F	--0.23%
MCHP	F	--0.23%
OLN	F	--0.23%
NUE	C	--0.23%
SCL	C	--0.24%
OMI	F	--0.24%
ENTG	D	--0.24%
CWT	C	--0.24%
WPC	C	--0.24%
ODP	F	--0.24%
NSP	F	--0.24%
WOR	F	--0.24%
APLS	F	--0.24%
PLD	F	--0.24%
PD	C	--0.24%
ETSY	D	--0.24%
SITE	F	--0.24%
CC	C	--0.24%
ADM	D	--0.25%
HSY	F	--0.25%
JBSS	F	--0.25%
AKAM	D	--0.25%
OTEX	F	--0.25%
FTV	C	--0.25%
PCH	F	--0.25%
IPG	D	--0.25%
MTN	C	--0.25%
FUL	F	--0.25%
PEP	F	--0.25%
F	C	--0.25%
GIS	D	--0.25%
ATKR	D	--0.25%
REXR	F	--0.25%
ALV	C	--0.25%
MGM	D	--0.26%
GO	C	--0.26%
BG	D	--0.26%
THS	D	--0.26%
ARE	F	--0.26%
STZ	D	--0.26%
ALGM	D	--0.26%
IAC	F	--0.26%
CTRA	B	--0.26%
HDB	C	--0.26%
FMX	F	--0.26%
SON	F	--0.26%
CALX	D	--0.27%
DVN	F	--0.27%
COHU	C	--0.27%
HXL	F	--0.27%
ON	D	--0.27%
MTDR	B	--0.27%
SLAB	F	--0.27%
CNI	F	--0.27%
CWH	B	--0.27%
CDW	F	--0.27%
YELP	C	--0.28%
ALB	B	--0.28%
OKTA	C	--0.28%
VTLE	C	--0.28%
MUR	D	--0.28%
VRSN	C	--0.28%
MRTN	D	--0.28%
CRL	D	--0.28%
USPH	B	--0.28%
SJW	F	--0.28%
PZZA	F	--0.28%
CENTA	C	--0.28%
TDC	D	--0.29%
FIVN	C	--0.29%
UGI	C	--0.29%
HP	C	--0.29%
SJM	D	--0.29%
CHRD	D	--0.29%
LKQ	F	--0.29%
AMRK	F	--0.29%
AIN	C	--0.29%
MOS	F	--0.29%
URBN	C	--0.29%
CENT	C	--0.29%
SLB	C	--0.29%
TMO	F	--0.29%
SIGI	C	--0.29%
RPD	B	--0.29%
CIVI	D	--0.29%
EXC	C	--0.3%
PINS	F	--0.3%
ES	C	--0.3%
EG	C	--0.3%
SNOW	B	--0.3%
WFRD	D	--0.3%
RIO	D	--0.3%
HES	B	--0.3%
AVA	A	--0.3%
AWK	C	--0.3%
PPG	F	--0.3%
EVTC	B	--0.3%
IDXX	F	--0.3%
HELE	C	--0.3%
ACI	C	--0.3%
DIOD	D	--0.3%
KMX	B	--0.31%
OXM	F	--0.31%
ZD	B	--0.31%
IRTC	C	--0.32%
CAR	C	--0.32%
VLO	C	--0.32%
ALRM	C	--0.32%
TENB	C	--0.33%
OVV	B	--0.33%
NARI	C	--0.34%
AMR	C	--0.35%
UPS	C	--0.37%
PRGO	C	--0.44%