USRD vs. BSMC ETF Comparison

Comparison of Themes US R&D Champions ETF (USRD) to Brandes U.S. Small-Mid Cap Value ETF (BSMC)

USRD

Themes US R&D Champions ETF

USRD Description

The index is designed to provide exposure to U.S. companies in the large- and mid- capitalization segments that rank in the top 50 companies based on the index Provider"s R&D intensity metric. 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. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.19

Average Daily Volume

139

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BSMC

Brandes U.S. Small-Mid Cap Value ETF

BSMC Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to attain its investment objective by investing primarily in equity securities of U.S. companies with small- and mid-market capitalizations (market value of publicly traded equity securities).

Grade (RS Rating)

Last Trade

$31.44

Average Daily Volume

9,102

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	USRD	BSMC
30 Days	-1.40%	0.80%
60 Days	0.29%	0.71%
90 Days	2.17%	3.20%
12 Months		21.32%

1 Overlapping Holdings

	Symbol	Grade	Weight in USRD	Weight in BSMC	Overlap
	DOX	D	1.89%	3.16%	1.89%

USRD Overweight 49 Positions Relative to BSMC

Symbol	Grade	Weight
FTNT	B	2.39%
TRMB	B	2.33%
EXPE	B	2.31%
GM	B	2.25%
INTU	B	2.25%
CMI	A	2.19%
ORCL	A	2.19%
ALGN	D	2.18%
ZM	B	2.17%
HPE	B	2.16%
NOW	B	2.15%
EA	A	2.12%
CDNS	B	2.11%
ISRG	A	2.11%
ADBE	D	2.1%
ADSK	A	2.1%
CSCO	B	2.07%
ANSS	B	2.06%
VEEV	C	2.04%
SNPS	C	2.04%
NTAP	C	2.03%
BSX	A	2.03%
ROP	C	2.02%
EW	C	2.02%
GOOGL	B	2.0%
KEYS	A	2.0%
IBM	C	1.98%
QCOM	F	1.97%
TTD	B	1.97%
CSGP	C	1.96%
MDT	D	1.96%
META	C	1.95%
NOC	D	1.94%
HOLX	D	1.94%
JNJ	D	1.93%
ANET	D	1.93%
AMAT	F	1.89%
LRCX	F	1.88%
GEHC	C	1.87%
AMD	F	1.87%
EL	F	1.85%
MELI	C	1.84%
CTVA	C	1.81%
REGN	F	1.79%
LLY	F	1.77%
LDOS	C	1.75%
AKAM	F	1.73%
MPWR	F	1.5%
ENPH	F	1.43%

USRD Underweight 62 Positions Relative to BSMC

Symbol	Grade	Weight
NTGR	B	-3.0%
PINC	B	-2.77%
ERJ	B	-2.6%
EPC	F	-2.35%
TAP	C	-2.16%
IPGP	D	-2.13%
HCSG	C	-2.08%
CFG	B	-2.07%
DGX	A	-2.07%
MD	C	-1.96%
UNF	B	-1.89%
NPK	C	-1.84%
IPG	D	-1.78%
IFF	D	-1.74%
INGR	B	-1.73%
TXT	D	-1.73%
EQC	A	-1.7%
KMT	C	-1.66%
SXT	C	-1.61%
OMF	A	-1.6%
SEIC	B	-1.58%
MOG.A	B	-1.55%
FFIV	A	-1.55%
GRFS	C	-1.54%
PAHC	B	-1.52%
IMKTA	C	-1.51%
ELAN	D	-1.49%
UTHR	C	-1.42%
QRVO	F	-1.29%
SHC	F	-1.21%
FTRE	D	-1.19%
SMG	C	-1.19%
WTW	B	-1.18%
STT	A	-1.12%
WHR	B	-1.11%
PBH	A	-1.1%
ORI	A	-1.1%
XRAY	D	-1.09%
LEVI	F	-1.06%
OGN	F	-1.06%
PHG	C	-1.05%
SCHL	F	-1.03%
KNX	B	-1.02%
WKC	C	-0.99%
SON	D	-0.98%
SEB	F	-0.96%
LANC	D	-0.92%
WMK	B	-0.91%
ARLO	C	-0.88%
WTM	A	-0.88%
CPB	D	-0.87%
AVT	C	-0.86%
MCY	B	-0.86%
CNA	C	-0.83%
SEE	D	-0.83%
ZBH	C	-0.76%
SKX	F	-0.74%
ARW	D	-0.72%
HSIC	C	-0.71%
KELYA	F	-0.67%
LSTR	D	-0.41%
HTLD	C	-0.33%