Themes US R&D Champions ETF (USRD)
Themes US R&D Champions ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $37.87, up 0.00% on the session, giving a market capitalisation of $1.2M. Its beta of 1.28 implies it has historically moved more than the broad market.
This exchange-traded fund (ETF) aims to offer exposure to prominent U.S. companies within the large and mid-capitalization segments. It focuses on the top 50 firms, as determined by the index provider's distinctive metric measuring research and development (R&D) intensity. Typically, the fund will allocate at least 80% of its net assets, along with any funds borrowed for investment purposes, to the securities composing this benchmark. It operates with a non-diversified investment strategy.