HWAY vs. AIRR ETF Comparison

Comparison of Themes US Infrastructure ETF (HWAY) to First Trust RBA American Industrial Renaissance ETF (AIRR)

HWAY

Themes US Infrastructure ETF

HWAY Description

The index is designed to provide exposure to U.S. companies that have business operations involving the building materials, equipment, logistics, construction, and engineering services used for the development and maintenance of infrastructure projects. It will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the securities that comprise the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.37

Average Daily Volume

411

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AIRR

First Trust RBA American Industrial Renaissance ETF

AIRR Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Richard Bernstein Advisors American Industrial Renaissance Index (the "index"). The fund will normally invest at least 90% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. equity securities that comprise the index. The index is designed to measure the performance of small and mid cap U.S. companies in the industrial and community banking sectors. It is non-diversified.

Grade (RS Rating)

Last Trade

$82.51

Average Daily Volume

339,556

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HWAY	AIRR
30 Days	2.12%	6.85%
60 Days	6.50%	10.61%
90 Days		16.64%
12 Months		61.94%

19 Overlapping Holdings

Symbol	Grade	Weight in HWAY	Weight in AIRR	Overlap
ACA	A	0.38%	1.75%	0.38%
AIT	B	0.74%	3.3%	0.74%
ATKR	D	0.26%	2.73%	0.26%
DNOW	B	0.11%	0.87%	0.11%
DY	C	0.39%	2.72%	0.39%
EME	A	1.65%	3.09%	1.65%
FIX	A	1.17%	2.52%	1.17%
GBX	B	0.14%	1.15%	0.14%
GVA	A	0.31%	3.25%	0.31%
HEES	C	0.14%	1.12%	0.14%
HRI	C	0.43%	2.74%	0.43%
MDU	D	0.25%	2.9%	0.25%
MLI	B	0.79%	3.42%	0.79%
MSM	D	0.29%	2.87%	0.29%
ROAD	A	0.29%	2.16%	0.29%
STRL	A	0.42%	1.71%	0.42%
TPC	C	0.07%	0.81%	0.07%
WMS	F	0.62%	2.33%	0.62%
ZWS	B	0.42%	2.93%	0.42%

HWAY Overweight 78 Positions Relative to AIRR

Symbol	Grade	Weight
EMR	A	4.77%
CSX	C	4.34%
NSC	B	4.27%
UNP	D	4.18%
CAT	C	4.1%
URI	B	4.01%
DE	C	3.97%
GWW	B	3.72%
PWR	A	3.38%
FAST	B	3.29%
VMC	B	2.68%
MLM	B	2.63%
NUE	D	2.6%
WAB	B	2.46%
XYL	D	2.1%
DOV	B	1.92%
STLD	B	1.46%
CSL	C	1.45%
BLDR	D	1.43%
J	D	1.23%
IEX	B	1.18%
OC	A	1.16%
RS	B	1.14%
GGG	B	1.03%
ACM	B	1.01%
POOL	D	0.98%
TTEK	F	0.87%
AA	A	0.78%
BLD	F	0.76%
EXP	B	0.68%
X	C	0.68%
WCC	B	0.66%
DCI	B	0.65%
FLR	B	0.64%
CR	A	0.63%
CRS	A	0.63%
UFPI	C	0.6%
TREX	D	0.55%
CMC	B	0.54%
OSK	C	0.54%
SSD	D	0.54%
ATI	D	0.53%
R	B	0.52%
VMI	B	0.51%
APG	C	0.48%
AZEK	B	0.45%
VNT	C	0.45%
SUM	B	0.44%
AGCO	F	0.44%
CLF	F	0.44%
WTS	B	0.43%
SKY	A	0.4%
KNF	A	0.39%
BCC	B	0.38%
SWX	A	0.32%
TEX	D	0.27%
VRRM	F	0.26%
NPO	A	0.24%
CVCO	A	0.22%
TRN	B	0.22%
MYRG	C	0.17%
AZZ	A	0.16%
ROCK	D	0.16%
AGX	C	0.14%
HLIO	C	0.13%
APOG	B	0.13%
ALG	C	0.13%
WS	B	0.11%
NVEE	F	0.1%
KALU	C	0.1%
LNN	B	0.1%
CENX	A	0.08%
BXC	B	0.08%
MRC	B	0.08%
USLM	A	0.07%
JBI	F	0.07%
GLDD	B	0.03%
NVRI	F	0.02%

HWAY Underweight 33 Positions Relative to AIRR

Symbol	Grade	Weight
AAON	B	-3.32%
RBC	A	-3.04%
BWXT	A	-2.98%
KEX	B	-2.96%
CHRW	B	-2.82%
CLH	C	-2.71%
PRIM	A	-2.63%
CNM	C	-2.56%
MTZ	B	-2.55%
FSS	B	-2.38%
HII	F	-2.08%
MWA	B	-1.74%
FNB	B	-1.72%
ASB	B	-1.42%
WTFC	B	-1.41%
ONB	B	-1.38%
MRCY	C	-1.28%
VSEC	B	-1.06%
BLBD	F	-0.96%
FULT	B	-0.94%
TGI	A	-0.91%
POWL	C	-0.91%
WNC	C	-0.91%
FFBC	B	-0.87%
LMB	A	-0.83%
PRLB	C	-0.8%
XMTR	C	-0.78%
PRK	B	-0.78%
FRME	B	-0.77%
FCF	B	-0.67%
AMRC	F	-0.62%
LKFN	B	-0.57%
TRNS	F	-0.53%