HWAY vs. VAW ETF Comparison

Comparison of Themes US Infrastructure ETF (HWAY) to Vanguard Materials ETF - DNQ (VAW)

HWAY

Themes US Infrastructure ETF

HWAY Description

The index is designed to provide exposure to U.S. companies that have business operations involving the building materials, equipment, logistics, construction, and engineering services used for the development and maintenance of infrastructure projects. It will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the securities that comprise the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.16

Average Daily Volume

392

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VAW

Vanguard Materials ETF - DNQ

VAW Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Materials 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the materials sector, as classified under the Global Industry Classification Standard (GICS). It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$210.70

Average Daily Volume

29,654

Number of Holdings ^*

116

* may have additional holdings in another (foreign) market

Performance

Period	HWAY	VAW
30 Days	7.05%	0.05%
60 Days	9.13%	1.55%
90 Days		3.86%
12 Months		20.40%

18 Overlapping Holdings

Symbol	Grade	Weight in HWAY	Weight in VAW	Overlap
AA	B	0.78%	0.66%	0.66%
ATI	D	0.53%	0.46%	0.46%
CENX	B	0.09%	0.07%	0.07%
CLF	F	0.4%	0.43%	0.4%
CMC	B	0.52%	0.43%	0.43%
CRS	A	0.65%	0.49%	0.49%
EXP	A	0.67%	0.68%	0.67%
KALU	C	0.09%	0.08%	0.08%
KNF	A	0.38%	0.37%	0.37%
MLM	B	2.52%	2.56%	2.52%
NUE	C	2.47%	2.39%	2.39%
RS	B	1.13%	1.15%	1.13%
STLD	B	1.42%	1.37%	1.37%
SUM	B	0.43%	0.41%	0.41%
USLM	A	0.07%	0.09%	0.07%
VMC	B	2.62%	2.54%	2.54%
WS	B	0.11%	0.09%	0.09%
X	C	0.64%	0.61%	0.61%

HWAY Overweight 79 Positions Relative to VAW

Symbol	Grade	Weight
EMR	A	4.96%
CSX	B	4.32%
NSC	B	4.21%
DE	A	4.18%
UNP	C	4.15%
CAT	B	4.1%
URI	B	3.91%
GWW	B	3.71%
PWR	A	3.43%
FAST	B	3.3%
WAB	B	2.45%
XYL	D	2.11%
DOV	A	1.95%
EME	C	1.65%
BLDR	D	1.46%
CSL	C	1.44%
OC	A	1.21%
IEX	B	1.2%
J	F	1.2%
FIX	A	1.16%
GGG	B	1.08%
ACM	A	1.02%
POOL	C	0.97%
TTEK	F	0.78%
MLI	C	0.77%
AIT	A	0.75%
BLD	D	0.74%
FLR	B	0.68%
WCC	B	0.67%
DCI	B	0.65%
WMS	D	0.63%
CR	A	0.62%
UFPI	B	0.59%
OSK	B	0.54%
R	B	0.53%
VMI	B	0.52%
TREX	C	0.52%
SSD	D	0.52%
APG	B	0.47%
AZEK	A	0.46%
AGCO	D	0.46%
WTS	B	0.45%
VNT	B	0.44%
ZWS	B	0.43%
HRI	B	0.41%
SKY	A	0.41%
DY	D	0.41%
STRL	B	0.41%
ACA	A	0.38%
BCC	B	0.38%
SWX	B	0.34%
GVA	A	0.32%
ROAD	A	0.29%
MDU	D	0.27%
MSM	C	0.27%
TEX	D	0.26%
VRRM	D	0.26%
NPO	A	0.26%
ATKR	C	0.25%
TRN	C	0.23%
CVCO	A	0.22%
MYRG	B	0.17%
ROCK	C	0.16%
AZZ	B	0.16%
GBX	A	0.15%
ALG	B	0.14%
HEES	B	0.14%
AGX	B	0.13%
HLIO	B	0.12%
APOG	B	0.12%
DNOW	B	0.11%
LNN	B	0.1%
BXC	B	0.09%
NVEE	F	0.09%
MRC	B	0.08%
TPC	C	0.07%
JBI	F	0.07%
GLDD	B	0.03%
NVRI	F	0.02%

HWAY Underweight 98 Positions Relative to VAW

Symbol	Grade	Weight
LIN	D	-15.38%
SHW	A	-6.06%
APD	A	-4.84%
FCX	D	-4.54%
ECL	D	-4.43%
NEM	D	-3.68%
CTVA	C	-2.98%
DOW	F	-2.44%
DD	D	-2.43%
PPG	F	-2.05%
SW	A	-1.88%
IFF	D	-1.78%
LYB	F	-1.59%
PKG	A	-1.44%
IP	B	-1.29%
BALL	D	-1.29%
AVY	D	-1.17%
RPM	A	-1.15%
AMCR	D	-1.13%
CF	B	-1.05%
CE	F	-0.96%
EMN	D	-0.87%
CCK	C	-0.79%
ATR	B	-0.78%
ALB	C	-0.68%
GPK	C	-0.61%
MOS	F	-0.6%
AXTA	A	-0.59%
FMC	D	-0.57%
BERY	B	-0.56%
RGLD	C	-0.5%
LPX	B	-0.45%
ESI	A	-0.44%
CBT	C	-0.42%
BCPC	B	-0.38%
SEE	C	-0.37%
WLK	D	-0.36%
SON	D	-0.36%
OLN	D	-0.34%
SLGN	A	-0.31%
AVNT	B	-0.3%
FUL	F	-0.28%
ASH	D	-0.28%
NEU	C	-0.27%
HL	D	-0.27%
SMG	D	-0.26%
HUN	F	-0.25%
HCC	B	-0.23%
SLVM	B	-0.21%
IOSP	B	-0.19%
CC	C	-0.19%
SXT	B	-0.19%
ARCH	B	-0.18%
CDE	D	-0.18%
MTX	B	-0.17%
MP	B	-0.16%
AMR	C	-0.16%
MTRN	C	-0.15%
HWKN	B	-0.15%
KWR	C	-0.15%
PRM	C	-0.13%
OI	C	-0.12%
PCT	C	-0.11%
GEF	A	-0.11%
SCL	C	-0.11%
NGVT	B	-0.1%
TROX	D	-0.1%
ASPN	F	-0.08%
TRS	B	-0.07%
MATV	D	-0.06%
SXC	A	-0.06%
OEC	C	-0.06%
RYI	C	-0.05%
KOP	C	-0.05%
IE	C	-0.05%
ECVT	C	-0.05%
GATO	D	-0.05%
ASIX	A	-0.05%
HAYN	C	-0.05%
PTVE	B	-0.04%
MTUS	C	-0.04%
ZEUS	C	-0.03%
MYE	F	-0.03%
LXU	B	-0.03%
CLW	F	-0.03%
RDUS	C	-0.03%
CMP	C	-0.03%
PLL	C	-0.02%
IPI	B	-0.02%
MERC	F	-0.02%
KRO	D	-0.02%
PACK	B	-0.02%
METC	C	-0.02%
AVD	D	-0.01%
TSE	F	-0.01%
ORGN	D	-0.01%
FEAM	F	-0.0%
DNMR	F	-0.0%