SMCF

US Small Cap Cash Flow Champions ETF

Expense Ratio

SMCF

US Small Cap Cash Flow Champions ETF

Expense Ratio

SMCF

US Small Cap Cash Flow Champions ETF

Expense Ratio

Overview

ETF Summary

The Themes US Small Cap Cash Flow Champions ETF (SMCF) seeks to track the Solactive US Small Cap Cash Flow Champions Index (SOLSUCCT), which identifies the top 75 small capitalization companies with the highest 3 years of positive cash flow yield.

SMCF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the SOLSUCCT Index.

Potential Benefits of SMCF

CASH IS KING

CASH IS KING

Generally, companies with high cash flows are more resilient in times of duress given their self-sufficiency to fund ongoing operations.

COST OF CAPITAL

COST OF CAPITAL

As the cost of capital rises with tighter monetary policy, company cash reserves have rapidly depleted relative to debt since 2021; companies with high cash flows are generally better positioned to service existing debts and less reliant on external financing, which has become more expensive.

(Source: IMF Global Financial Stability Report as of 30 November 2023)

STRENGTH IN STABILITY

STRENGTH IN STABILITY

80% of small cap firms have interest coverage ratios less than 4, reflecting a greater risk of default amongst most companies; companies with high cash flows are generally less susceptible to shocks in financing and typically have higher interest rate coverage ratios.

(Source: IMF Global Financial Stability Report as of 30 November 2023)

Compare our Fees to the Competition

*Source: ETF.com, Universe of 167 Fundamental ETFs, as of 30 November 2023

Key facts

Key Information

Trading Details

Distributions

ETF Prices

Holdings & Characteristics

Top Holdings

Full Holdings (.csv)

Sector Breakdown

Country Breakdown

Performance

Performance History

Premium Discount Chart

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short- term performance, when observed, is unusual and investors should not expect such performance to be repeated.

Documents

ETF Documents

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