Themes ETF Trust - Themes Transatlantic Defense ETFNATO

ThemesThematicDefense & Space#134 of 189 by YTD

$35.62

−4.0% last session

−6.9% YTD

Data as of 11/5/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Dec 31, 2025 – Nov 5, 2026NATOS&P 500 · VOOThematic average

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	−4.0%	−0.6%	−17.9%	−6.9%	−5.8%	—	—	+41.1%
Peer average	−6.2%	−11.5%	−21.1%	−6.6%	−8.0%	+100.0%	+85.4%	—
S&P 500 · VOO	−4.4%	−5.7%	−4.9%	+8.4%	+9.8%	+82.2%	+71.6%	—

Key Statistics

Open all fund facts →

AUM: $88M
Expense ratio: 0.35%
Distribution yield: 0.5%
NAV: $37.17
Volume: 74K
Avg. volume 30D: 14K
High today: $37.05
Low today: $35.48
Previous close: $37.12
52-week high: $44.39
52-week low: $35.00
Our risk indicator: 4/5

NATO in One Breath

NATO Among Defense & Space ETFs

YTD

#1TSSDTruth Social+11.1%$6.7M

#2UFOXDefiance+7.6%$769M

#3WARUS Global+1.3%$31.0M

#4GCADGabelli+0.5%$43.6M

#5PPAInvesco−3.3%$7.4B

#6UFOProcuream−3.6%$443M

#7MISLFirst Trust−3.6%$666M

#8ITAiShares−4.6%$11.6B

#12NATOThemes−6.9%$88.1M

End-of-day Nov 6, 2026 · 19 Defense & space ETFs by YTD

$10,000 in NATO

$10,000 in NATO became

$14,107

In the S&P 500 (VOO)

$12,960

Total return, dividends in · Oct 11, 2024 – Nov 5, 2026 · S&P 500 uses VOO

NATO’s Top Holdings

Today

RTXRTX8.5%GE8.4%RR.L7.1%BA6.8%AIR.PA6.7%SAF.PA5.8%LMT5.2%GD4.4%BA.L4.2%HWM4.2%NOC3.9%TDG3.4%RHM.DE2.7%HONA2.6%LHX2.5%AXON1.7%RKLB1.6%TDY1.5%LDO.MI1.2%HO.PA1.2%BBD-B.TO1.1%MTX.DE1.1%60 more

RTXRTX8.5%GE8.4%RR.L7.1%BA6.8%AIR.PA6.7%SAF.PA5.8%LMT5.2%GD4.4%BA.L4.2%HWM4.2%NOC3.9%TDG3.4%70 more

Aerospace & DefenseHardware, Equipment

Themes NATO · 82 holdings · tile size = share of the fund · as of Nov 5, 2026

What NATO Holds

Today

Aerospace & Defense95.1%

RTX 8.5 · GE 8.4 · RR.L 7.1 · BA 6.8 · AIR.PA 6.7 · SAF.PA 5.8 · LMT 5.2

Hardware, Equipment & Parts1.7%

TDY 1.5 · OSIS

Industrial - Machinery0.8%

CR · MIR · BOY.L

Airlines, Airports & Air Services0.2%

JOBY

Software - Application0.0%

HKD

Other holdings2.2%

SAABB.ST 1.1 · MOG/A · FXFXX · V1NC.DE · SDTTR.IS · ALTNY.IS · GBP

Themes NATO · share of the fund by industry · as of Nov 5, 2026

RTX’s Share of NATO

Today

8.5%

$85 of every $1,000 in NATO is RTX

RTX held by NATO

$7.5M

Most RTX per dollar

ITA16.9%

AV9.8%

SHLD9.5%

PPA9.5%

Themes NATO · each square = $10 of $1,000 · as of Nov 5, 2026

NATO’s Share of Defense & Space ETFs

Today

0.2%

of the $38.8B in 33 Defense & space ETFs

NATO$88.1M0.2%

ITA$11.6B29.9%

PPA$7.4B19.2%

30 others$19.7B50.7%

Defense & space ETF AUM · Nov 6, 2026

NATO Fee per $100 vs Peers

Today

$0.35a year
per $100

$35 a year on $10,000

NATO$0.35

XAR$0.35

ITA$0.37

SHLD$0.50

IDEF$0.55

PPA$0.58

Expense ratio · Defense & space peers · Nov 6, 2026

Inside NATO

82 holdings · as of Nov 5, 2026

NATO

Themes ETF Trust - Themes Transatlantic Defense ETF

Today

Aerospace95.1%RTX8.5%GE8.4%RR.L7.1%BA6.8%AIR.PA6.7%SAF.PA5.8%LMT5.2%GD4.4%BA.L4.2%HWM4.2%NOC3.9%TDG3.4%RHM.DE2.7%HONA55 more holdings21.3% of the fundTDY CR FXFXX

Aerospace95.1%RTX8.5%GE8.4%RR.L7.1%BA6.8%AIR.PA6.7%SAF.PA5.8%63 more holdings51.9% of the fundTDY CR FXFXX

#	Ticker	Company	Weight ▼
1	RTX	RTX	8.53%
2	GE	GE Aerospace	8.40%
3	RR.L	Rolls-Royce	7.09%
4	BA	Boeing /The	6.81%
5	AIR.PA	Airbus Group SE	6.66%
6	SAF.PA	Safran	5.75%
7	LMT	Lockheed Martin	5.19%
8	GD	General Dynamics	4.36%
9	BA.L	BAE Systems	4.19%
10	HWM	Howmet Aerospace	4.18%

See all 92 holdings ↓

AerospaceHardwareIndustrial - MachineryAirlinesSoftware - ApplicationOther

Themes NATO · current holdings by weight · as of Nov 5, 2026 · each tile is one holding · top 20 = 83.5%

All NATO Holdings

92 holdings · as of Nov 5, 2026

NATO

NATO’s Holdings

Today

#
1	RTXRTX	Industrials	8.53%	$852.72	38K	$7.5M
2	GEGE Aerospace	Industrials	8.40%	$840.36	22K	$7.4M
3	RR.LRolls-Royce	Industrials	7.09%	$708.73	367K	$6.2M
4	BABoeing /The	Industrials	6.81%	$680.62	34K	$6.0M
5	AIR.PAAirbus Group SE	Industrials	6.66%	$666.20	26K	$5.9M
6	SAF.PASafran	Industrials	5.75%	$575.48	15K	$5.1M
7	LMTLockheed Martin	Industrials	5.19%	$519.09	7,685	$4.6M
8	GDGeneral Dynamics	Industrials	4.36%	$436.30	11K	$3.8M
9	BA.LBAE Systems	Industrials	4.19%	$418.62	138K	$3.7M
10	HWMHowmet Aerospace	Industrials	4.18%	$417.89	17K	$3.7M
11	NOCNorthrop Grumman	Industrials	3.90%	$389.60	6,533	$3.4M
12	TDGTransDigm Group	Industrials	3.45%	$344.78	2,496	$3.0M
13	RHM.DERheinmetall AG	Industrials	2.75%	$274.51	2,146	$2.4M
14	HONAHoneywell Aerospace	Industrials	2.60%	$260.08	15K	$2.3M
15	LHXL3Harris Technologies	Industrials	2.52%	$252.30	8,557	$2.2M

Themes NATO · every reported holding · per $10,000 = dollars of each holding in a $10,000 stake · as of Nov 5, 2026

How It Compares

NATO

Themes ETF Trust - Themes Transatlantic Defense ETF’s Peers

YTD


ITA	iSharesRead Desk	0.37%	−4.6%	−3.3%	$11.6B
PPA	InvescoRead Desk	0.58%	−3.3%	−2.5%	$7.4B
SHLD	Global XRead Desk	0.50%	−10.1%	−13.2%	$6.3B
XAR	SPDRRead Desk	0.35%	−11.1%	−11.3%	$5.1B
IDEF	iSharesRead Desk	0.55%	−8.9%	−11.2%	$3.4B
NATO	ThemesThis fundRead Desk	0.35%	−6.9%	−5.8%	$88M

Defense & space peers · YTD and past-year returns · as of Nov 6, 2026 · sorted by AUM

Head to Head

Put NATO head to head with ITA →

ITA vs NATO

YTD

ITAiShares · Defense & spaceNATOThemes · Defense & space

Year to date

−4.6%

−6.9%

ITA wins+2.3 pts

Past year

−3.3%

−5.8%

ITA wins+2.5 pts

Fee

0.37%

0.35%

NATO winslower fee

Yield

0.6%

0.5%

ITA wins+0.1 pts

AUM

$11.6B

$88.1M

ITA131.7× more

3–1ITA wins

iShares ITA and Themes NATO · year-to-date · as of Nov 6, 2026 · AUM not scored

Defense & Space vs Thematic

Average · YTD

ITA

−4.6%

NATO

−6.9%

Thematic average

+2.3%

ITA, NATO and the average thematic ETF · YTD return · as of Nov 6, 2026

NATO vs VOO

YTD

NATO · Themes ETF Trust - Themes Transatlantic Defense

−6.9%

VOO · S&P 500

+8.4%

Gap

15.3 pts

Themes NATO and Vanguard VOO · YTD total return · as of Nov 6, 2026

NATO vs Its Peer Average

YTD

NATOAvsBPeer average

1D−4.0%−6.2%

1M−0.6%−11.5%

3M−17.9%−21.1%

YTD−6.9%−6.6%

1Y−5.8%−8.0%

3Y[…]+100.0%

5Y[…]+85.4%

4–1NATO wins

32 Defense & space peers · each row scaled to its leader

The Details

NATO

Risk

4/5our risk indicator

CalmerBumpier

Volatility · 1Y22.76%

Deepest drop · 1Y−19.4%

Lowest point · 5Y−1.5%

52-week range

$35.62

$35.00−19.8% from the high$44.39

Themes NATO · past-year price moves · as of Nov 6, 2026

NATO

Fund Facts

Today

2024launched Oct 11

Tracks[…]

Exchange · CUSIPNASDAQ · 882927767

StructureETF

Leverage1x

Cost on $10,000$35 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Themes NATO · fund facts · as of Nov 6, 2026

NATO

Payouts by Year

$0.17per share, Dec 2025

Distribution yield0.5%

Paid[…]

Latest ex-date · paidDec 18 · Dec 19, 2025

2 payouts added up$0.19 a share

Themes NATO · distributions by ex-date · 2024–2025

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

SEC reported portfolio · 2026-06-30 ↗SEC reported portfolio · 2026-03-31 ↗SEC reported portfolio · 2025-12-31 ↗summary prospectus · SEC 497K ↗

Trading & Liquidity

Net asset value$37.17

Premium / discount[…]

Median spread · 30D[…]

Volume today74K

Average volume · 30D14K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.35%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$35.00

Our risk indicator4/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Dec 18, 2025	Dec 19, 2025	$0.17
Dec 24, 2024	Dec 26, 2024	$0.0210

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