COPA vs. LIMI ETF Comparison

Comparison of Themes Copper Miners ETF (COPA) to Themes Lithium & Battery Metal Miners ETF (LIMI)

COPA

Themes Copper Miners ETF

COPA Description

COPA invests in companies with substantial exposure to the copper mining industry. It uses a replication strategy, aiming to own the same stocks in the same proportion as its underlying index. The index is comprised of global firms classified under the subthemes copper mining, exploration, refining, and royalties. It is constructed based on revenue exposure as derived from the copper mining industry to identify Purity Leaders and Revenue Leaders. The former is defined as having a thematic exposure score equal to or greater than 30% of their total revenue, while the latter being in the top 5 companies ranked by their thematic revenue dollar amount. Final constituents are weighted based on market-cap, modified by thematic exposure using revenue. Country capping constraints and flooring conditions are also implemented to ensure proper allocation to significant revenue earners. The index is reconstituted and rebalanced quarterly starting in March.

Grade (RS Rating)

Last Trade

$25.12

Average Daily Volume

640

Number of Holdings ^*

4

* may have additional holdings in another (foreign) market

LIMI

Themes Lithium & Battery Metal Miners ETF

LIMI Description

LIMI provides exposure to lithium and battery metals by tracking an index of publicly listed companies trading on global exchanges. Companies must derive significant revenues from the mining, exploration, and refining of lithium and other battery metals. The starting universe begins with stocks meeting the theme, including mining, exploration, refining, and royalties, considered through an in-depth analysis of a companys business footprint from publicly available data. A Thematic Exposure Score for each company is generated relative to revenue. The fund selects companies with Thematic Exposure Scores not lower than 30%, as well as the top 5 stocks based on thematic revenue dollars amount (revenue multiplied by the Thematic Exposure Score). The portfolio provides heavier weight to companies based on its revenue-based thematic exposure. The index is reconstituted and rebalanced quarterly.

Grade (RS Rating)

Last Trade

$31.05

Average Daily Volume

597

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

Performance

Period	COPA	LIMI
30 Days	-5.93%	1.48%
60 Days
90 Days
12 Months

0 Overlapping Holdings

	Symbol	Grade	Weight in COPA	Weight in LIMI	Overlap

COPA Overweight 4 Positions Relative to LIMI

	Symbol	Grade	Weight
	FCX	D	9.95%
	SCCO	F	4.17%
	IE	C	2.8%
	BVN	F	2.36%

COPA Underweight 7 Positions Relative to LIMI

	Symbol	Grade	Weight
	ALB	C	-4.19%
	PLL	C	-3.8%
	SLI	D	-3.21%
	LGO	C	-2.32%
	SQM	F	-2.32%
	NMG	F	-1.7%
	IONR	D	-1.37%

COPA: Top Represented Industries & Keywords

Industries: Copper Industrial Metals & Minerals Software - Application

Keywords: Mining Copper Molybdenum Artificial Intelligence Artificial Intelligence Services Cobalt Coke Copper Extraction Copper Mining In The United States Electrical Transmission Gold Lead Metallurgical Processes Metallurgy Metals Natural Sciences Oil And Gas Refinery Restorative Dentistry S&P 500

LIMI: Top Represented Industries & Keywords

Industries: Other Industrial Metals & Mining Chemicals Industrial Metals & Minerals Specialty Chemicals

Keywords: Lithium Natural Sciences Chemical Elements Biocides Chloride Disinfectant Mineral Potassium Reducing Agents Acid Amines Antioxidant Antioxidants Antiseptics Batteries Beef Boron Bromine Catalysis Catalysts