thoughts from themes
thoughts from themes
Bigger May Be Better
Date: February 11, 2025
Considering financials? If so, bigger banks may be better.
Since inception, the Themes Global Systemically Important Banks ETF (GSIB) – has delivered a +40.01% return, outperforming the S&P 500 (+27.95%), the Nasdaq 100 (+29.52%), and the S&P 500 Financials Sector (33.95%) placing it above the 80th percentile of all 44 ETFs classified as “equity financial” by Bloomberg Fund Classification (BFCS).1
What Makes GSIB Different?
- Only includes exposure to the top 28 publicly-traded global banks that have been identified as “systemically important” by the Financial Stability Board (FSB) and the Basel Committee on Banking Supervision (BCBS).
- Unlike other financial strategies, it excludes exposure to smaller regional banks.
- Expense ratio is over 60% lower than the average charged by financial ETFs.
Put these factors together, GSIB has delivered one of the best total returns amongst financial ETFs since its inception.1 In a market environment where quality matters, GSIB may be a solution worth considering.
1Source: Bloomberg as of 15 January 2025. Universe of 44 ETFs classified as “Equity Financial” by Bloomberg Fund Classification (BFCS). The inception date of GSIB is 15 December 2023. All ETF performance is shown on an ETF price total return basis, net of all fees. Index performance is shown on a post-inception, 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. Investors cannot invest directly in an index. Indices may change over time. Indices are not an investment and, therefore, have no investment performance history. Index performance does not include risks, fees, or other costs. Past index performance is no indication of future results for the index or for any investment.
Standardized Performance of GSIB as of 31 December 2024:
