Themes Natural Monopoly ETF (CZAR)
Themes Natural Monopoly ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $31.70, up 0.00% on the session, giving a market capitalisation of $1.5M. Its beta of 0.62 implies it has historically moved less than the broad market.
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.
Themes Natural Monopoly ETF is most often compared with the following Financial Services names: