thoughts from themes
thoughts from themes
Goodfellas, Become a Wise Guy
Date: December 8, 2024
Looking for growth? Goodfellas, it may be time to become a WISE guy.
Since inception, the Themes Generative Artificial Intelligence ETF (WISE) has delivered a +48.57% return, outperforming both the Nasdaq 100 (+36.03%) and the S&P 500 (+34.65%), placing it above the 80th percentile of all 114 ETFs classified as “equity technology” and above the 90th percentile of all 143 ETFs classified as “equity thematic” by Bloomberg Fund Classification (BFCS).1
What Makes WISE Different?
- Top 40 Artificial Intelligence, Data Analytics, and Natural Language Processing companies.
- Unlike other AI and tech strategies, individual holdings are capped at 4.9%, rebalanced semi-annually.
- Expense ratio is over 40% lower than the average charged by equity technology ETFs.
Put these factors together, WISE has delivered one of the best total returns amongst equity technology ETFs since its inception.1 In a market environment where exposure to growth matters, WISE may be a solution worth considering.
1Source: Bloomberg as of 8 December 2024. Universe of 114 ETFs classified as “Equity Technology” and 143 ETFs classified as “Equity Thematic” by Bloomberg Fund Classification (BFCS). The inception date of WISE is 8 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 WISE as of 30 September 2024: