- What does CZAR invest in?
- The CZAR exchange-traded fund endeavors to track the Solactive Natural Monopoly Index, a benchmark comprising international firms identified by their robust competitive advantages within their respective industries. Its investment universe primarily consists of large and mid-sized corporations that satisfy particular prerequisites. These encompass their inclusion in a wider Solactive index targeting Developed Markets, adherence to an average daily trading value threshold, and compliance with specified volume and free-float market capitalization percentage standards. The rigorous stock selection process for the index is driven by core financial indicators, including sales figures, profit margins, return on equity, the ratio of inventory to total assets, and intangible assets relative to total assets. From this analysis, the five best-performing companies within each sector are selected. The index employs a sector-neutral weighting methodology, factoring in the free-float market capitalization. To ensure balanced exposure, securities are then assigned equal weights within their respective sectors. CZAR undergoes a semi-annual rebalancing, which occurs seven business days following the selection dates in June and December.
- What is the expense ratio of CZAR?
- Themes Natural Monopoly ETF (CZAR) charges an expense ratio of 0.35%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is CZAR?
- Themes Natural Monopoly ETF (CZAR) manages $1.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is CZAR actively managed or an index fund?
- CZAR's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was CZAR launched?
- Themes Natural Monopoly ETF (CZAR) launched in December 2023 and is managed by Themes.
- How has CZAR performed?
- CZAR's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
