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About Themes Global Systemically Important Banks ETF
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Inception date
Dec 15, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Themes Management Co. LLC
Distributor
ALPS Distributors, Inc.
ISIN
US8829276018
GSIB invests in companies that operate in the global banking sector. These are exclusively the banks classified as Global Systemically Important Bank (G-SIB) by the Financial Stability Board. To be designated as G-SIB, the bank has to be considered so systemically important to the global banking system, that its failure could trigger a wider financial crisis or threaten the global economy. The Basel Committee on Banking Supervision is the primary evaluator for G-SIB designations. On an annual basis, the committee evaluates each banks risk factors based on five primary categories: size, interconnectedness to other financial institutions, institution infrastructure, the banks global footprint, and complexity of bank transactions. Stocks identified as G-SIB are automatically selected and held on an equally weighted basis, rebalancing quarterly. Ironically perhaps, the ETF can lend up to one-third of the underlying portfolio value to potentially generate additional income.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks99.52%
Finance99.52%
Bonds, Cash & Other0.48%
Mutual fund0.38%
Cash0.11%
Stock breakdown by region
Europe37.83%
North America36.25%
Asia25.92%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
GSIB top holdings are UBS Group AG and Banco Santander S.A. Sponsored ADR, occupying 4.12% and 4.06% of the portfolio correspondingly.
GSIB assets under management is 20.25 M USD. It's risen 2.26% over the last month.
GSIB fund flows account for 14.64 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, GSIB pays dividends to its holders with the dividend yield of 1.15%. The last dividend (Dec 26, 2024) amounted to 0.55 USD. The dividends are paid annually.
GSIB shares are issued by ETP Holding Co. LLC under the brand Themes. The ETF was launched on Dec 15, 2023, and its management style is Active.
GSIB expense ratio is 0.35% meaning you'd have to pay 0.35% of your investment to help manage the fund.
GSIB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
GSIB invests in stocks.
GSIB price has risen by 1.93% over the last month, and its yearly performance shows a 55.36% increase. See more dynamics on GSIB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.35% over the last month, showed a 15.44% increase in three-month performance and has increased by 57.85% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.35% over the last month, showed a 15.44% increase in three-month performance and has increased by 57.85% in a year.
GSIB trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.