GSIB
Themes Global Systemically Important Banks ETF
The Themes Global Systemically Important Banks ETF seeks to provide investors with exposure to a diversified portfolio of global systemically important banks, aiming for long-term capital appreciation while managing risk through strategic allocations.
Global
EQUITY
Active
MANAGEMENT STYLE
$ 30.6 M
ASSETS UNDER MGMT
35 bp
EXPENSES
Fund Basics
| Inception date | Dec 14, 2023 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| MITSUBISHI UFJ FINL GRP-ADR | 4.0 % |
| MIZUHO FINANCIAL GROUP-ADR | 4.0 % |
| CHINA CONSTRUCTION BANK-H | 3.9 % |
| BANK OF COMMUNICATIONS CO-H | 3.9 % |
| BANK OF CHINA LTD - H | 3.9 % |
| BNP PARIBAS-ADR | 3.9 % |
| INDUSTRIAL AND COMMERCIAL BANK OF CHINA | 3.9 % |
| HSBC HOLDINGS PLC-SPONS ADR | 3.8 % |
| BANK OF NEW YORK MELLON CORP | 3.8 % |
| TORONTO-DOMINION BANK | 3.8 % |
Constituent Breakdown
| Number of holdings | 27 |
| Herfindahl-Hirschman Index | 354 |
| Wgt avg mkt cap (mns) | $167,279 |
| Large cap (>$10bn) | 96.0% |
| Mid cap ($2-10bn) | 0.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 81.8% |
| Emerging mkts. | 14.2% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 27.4 % |
 |
CHINA | 15.3 % |
 |
JAPAN | 11.7 % |
 |
FRANCE | 10.8 % |
 |
CANADA | 7.5 % |
 |
BRITAIN | 7.0 % |
 |
HONG KONG | 3.9 % |
 |
NETHERLANDS | 3.5 % |
 |
SPAIN | 3.4 % |
 |
SWITZERLAND | 3.0 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 1.9% | 40.9% | 44.1% | -- | -- | -- | -- | 41.7% |
| Dividend Yield | 0.0% | 2.8% | 2.6% | -- | -- | -- | -- | 2.3% |
| Total Returns | 1.9% | 43.7% | 46.7% | -- | -- | -- | -- | 44.0% | Ann. Volatility | 19.8% | 20.6% | 18.4% | -- | -- | -- | -- | 18.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.89 | 70% |
| MSCI EAFE | 1.05 | 71% |
| MSCI Emg Mkts | 0.84 | 54% |
Liquidity Measures
| Avg. volume (000) | 10 |
| ADV traded (mns) | $0 |
| Turnover | 1.6% |
| Avg. Bid/Ask (% of price) | 0.26% |
Technical Indicators
| 30d moving avg. (EMA) | $52.40 |
| Relative strength (RSI) | 38 |
| MACD/Signal | -1.25/-0.78 |
| Bollinger Bands (Upper/Lower) | $56.54/$48.47 |
| Short interest (% of AUM) | 2.6% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. GSIB |
Expenses vs. GSIB |
ALTAR Score™ vs. GSIB |
|---|---|---|---|---|
| KBWB | Invesco KBW Bank ETF | 27.4% | 0 bp | -2.1% |
| IYF | iShares U.S. Financials ETF | 21.3% | +5 bp | -3.6% |
| IYG | iShares US Financial Services ETF | 20.9% | +5 bp | -4.2% |
| XLF | Financial Select Sector SPDR | 20.1% | -27 bp | -3.7% |
| IXG | iShares Global Financials ETF | 18.9% | +7 bp | -2.9% |
| VFH | Vanguard Financials ETF | 18.8% | -26 bp | -3.2% |
| FNCL | Fidelity MSCI Financials Index ETF | 18.7% | -27 bp | -3.2% |
| LVDS | JPMorgan Fundamental Data Science Large Value ETF | 18.6% | +14 bp | -4.6% |
| JIVE | JPMorgan International Value ETF | 17.3% | +20 bp | -0.8% |
| PWV | Invesco Large Cap Value ETF | 16.4% | +20 bp | -3.1% |
Risk and Returns: GSIB vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 3/15/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
10.5%
ALTAR SCORE™
99th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 567 funds in the Global Equity category with an average
ALTAR Score™ of 4.6% and a standard deviation
of 2.7%. GSIB's ALTAR Score™ is approximately 2.2 standard
deviations above the category average. This places GSIB in the 99th percentile
among funds in the category.
Sell-Side Consensus
$60.87
PRICE TARGET
+25.2%
UPSIDE