WISE vs. NBSM ETF Comparison

Comparison of Themes Generative Artificial Intelligence ETF (WISE) to Neuberger Berman Small-Mid Cap ETF (NBSM)

WISE

Themes Generative Artificial Intelligence ETF

WISE Description

The index is designed to provide exposure to companies that have business operations in AI related industries. 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

$27.83

Average Daily Volume

21,105

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NBSM

Neuberger Berman Small-Mid Cap ETF

NBSM Description

NBSM focuses on capital growth primarily through investments in small- and mid-cap firms. The fund seeks out undervalued companies with strong market positions and financial health, mainly in domestic markets with a minor proportion in foreign securities. Utilizing a bottom-up analysis, the fund manager identifies organizations they believe are valued below their intrinsic worth. Key considerations include historical returns, market niche, barriers to entry, and self-financing capabilities, emphasizing companies with established business operations over speculative growth prospects. NBSM aims to capitalize on market inefficiencies and manage risks through diversification and fundamental analysis. Furthermore, the manager also takes into account ESG factors into their decision making whenever applicable, aiming for a more comprehensive evaluation of potential investments. The fund may sell a security if it underperforms, reaches a set price or when better investment opportunities arise.

Grade (RS Rating)

Last Trade

$25.24

Average Daily Volume

27,088

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	WISE	NBSM
30 Days	-5.98%	-1.44%
60 Days	-12.93%
90 Days	1.57%
12 Months

1 Overlapping Holdings

	Symbol	Grade	Weight in WISE	Weight in NBSM	Overlap
	LSCC	D	4.18%	2.94%	2.94%

WISE Overweight 8 Positions Relative to NBSM

Symbol	Grade	Weight
NVDA	C	6.17%
AMZN	A	5.02%
AMD	D	4.95%
GOOGL	A	4.86%
MSFT	C	4.63%
QUIK	D	4.46%
INTC	F	4.36%
CEVA	D	3.92%

WISE Underweight 9 Positions Relative to NBSM

Symbol	Grade	Weight
EXP	B	-4.26%
TDW	A	-3.31%
FICO	D	-3.17%
KEX	A	-3.08%
ITT	D	-3.0%
CHE	F	-2.95%
WSO	A	-2.81%
ICLR	D	-2.71%
RBC	D	-2.7%