SPAM vs. ACES ETF Comparison

Comparison of Themes Cybersecurity ETF (SPAM) to ALPS Clean Energy ETF (ACES)

SPAM

Themes Cybersecurity ETF

SPAM Description

The index is designed to provide exposure to companies that have business operations in the cybersecurity industry. 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

$28.73

Average Daily Volume

483

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ACES

ALPS Clean Energy ETF

ACES Description

The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (ticker symbol NACEX) (the "underlying index"). The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index utilizes a rules-based methodology developed by CIBC National Trust Company (the "index provider"), which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector including renewables and clean technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.94

Average Daily Volume

101,149

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPAM	ACES
30 Days	1.41%	-1.59%
60 Days	0.38%	-2.94%
90 Days	10.80%	-0.17%
12 Months		-9.82%

0 Overlapping Holdings

	Symbol	Grade	Weight in SPAM	Weight in ACES	Overlap

SPAM Overweight 22 Positions Relative to ACES

Symbol	Grade	Weight
FTNT	B	5.85%
YOU	A	5.81%
S	B	5.64%
CACI	A	5.54%
VRNS	D	5.35%
CHKP	F	5.29%
BAH	A	5.18%
PANW	B	4.65%
CYBR	C	4.59%
RPD	C	4.48%
TENB	D	4.19%
ZS	C	4.1%
QLYS	F	3.76%
ALRM	F	3.65%
CRWD	C	3.51%
OKTA	D	3.42%
ATEN	A	2.01%
FSLY	D	1.79%
RDWR	C	1.53%
APLD	C	1.49%
OSPN	B	1.0%
CHGX	B	0.49%

SPAM Underweight 28 Positions Relative to ACES

Symbol	Grade	Weight
ALB	C	-6.02%
TSLA	A	-5.91%
ORA	B	-5.33%
ITRI	A	-5.17%
DAR	B	-5.1%
HASI	B	-4.65%
FSLR	C	-4.59%
RIVN	F	-3.8%
ENPH	F	-3.67%
RUN	C	-3.61%
LCID	F	-2.6%
CWEN	C	-2.46%
WOLF	D	-2.3%
PLUG	C	-2.18%
NEP	F	-2.12%
ANDE	F	-1.76%
ASPN	F	-1.62%
FLNC	B	-1.53%
AMRC	C	-1.14%
ARRY	D	-1.11%
SHLS	F	-1.05%
AMSC	A	-1.05%
EOSE	B	-0.86%
GPRE	F	-0.83%
REX	F	-0.82%
NOVA	F	-0.75%
CHPT	F	-0.59%
CLNE	D	-0.57%