USRD vs. IGV ETF Comparison

Comparison of Themes US R&D Champions ETF (USRD) to iShares Expanded Tech-Software Sector ETF (IGV)

USRD

Themes US R&D Champions ETF

USRD Description

The index is designed to provide exposure to U.S. companies in the large- and mid- capitalization segments that rank in the top 50 companies based on the index Provider"s R&D intensity metric. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.59

Average Daily Volume

159

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IGV

iShares Expanded Tech-Software Sector ETF

IGV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P North American Technology Software IndexTM (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of U.S.-traded stocks of software-related companies in the United States and Canada. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$101.13

Average Daily Volume

3,607,007

Number of Holdings ^*

109

* may have additional holdings in another (foreign) market

Performance

Period	USRD	IGV
30 Days	-2.48%	9.92%
60 Days	0.23%	14.89%
90 Days	2.14%	18.25%
12 Months		35.67%

12 Overlapping Holdings

Symbol	Grade	Weight in USRD	Weight in IGV	Overlap
ADBE	F	1.69%	6.32%	1.69%
ADSK	B	2.28%	2.37%	2.28%
ANSS	B	2.06%	1.12%	1.12%
CDNS	B	2.01%	2.98%	2.01%
EA	A	1.93%	1.39%	1.39%
FTNT	A	2.14%	1.91%	1.91%
INTU	A	1.9%	4.09%	1.9%
NOW	B	2.31%	7.16%	2.31%
ORCL	A	2.56%	8.54%	2.56%
ROP	C	1.98%	2.21%	1.98%
SNPS	C	1.98%	3.17%	1.98%
ZM	B	2.54%	0.76%	0.76%

USRD Overweight 38 Positions Relative to IGV

Symbol	Grade	Weight
TTD	B	2.67%
EXPE	A	2.62%
TRMB	A	2.48%
KEYS	C	2.41%
LDOS	C	2.37%
ANET	C	2.3%
GM	A	2.29%
CSCO	B	2.26%
HPE	B	2.22%
VEEV	C	2.14%
CMI	A	2.12%
META	C	2.09%
CARR	D	2.07%
CTVA	D	2.04%
BSX	B	2.04%
ISRG	A	2.02%
AMD	F	2.0%
IBM	D	1.98%
GOOGL	B	1.96%
DOX	D	1.96%
AKAM	F	1.95%
GEHC	D	1.91%
MDT	D	1.9%
NOC	D	1.88%
QCOM	F	1.86%
CSGP	F	1.84%
EW	C	1.84%
AMAT	F	1.83%
ALGN	D	1.83%
NTAP	D	1.83%
JNJ	D	1.73%
HOLX	D	1.69%
LLY	F	1.69%
MELI	D	1.67%
APTV	F	1.44%
REGN	F	1.29%
ENPH	F	1.17%
SMCI	F	0.9%

USRD Underweight 97 Positions Relative to IGV

Symbol	Grade	Weight
CRM	A	-9.08%
MSFT	D	-7.37%
PANW	B	-4.39%
PLTR	A	-4.05%
CRWD	B	-2.75%
WDAY	B	-1.97%
FICO	A	-1.92%
APP	A	-1.9%
MSTR	B	-1.7%
DDOG	B	-1.45%
TEAM	A	-1.34%
HUBS	A	-1.19%
TTWO	A	-1.05%
TYL	B	-0.95%
PTC	B	-0.82%
ZS	B	-0.66%
MANH	D	-0.63%
NTNX	A	-0.62%
GEN	B	-0.58%
GWRE	B	-0.58%
DT	C	-0.58%
DOCU	A	-0.56%
SNAP	D	-0.47%
IOT	B	-0.38%
S	B	-0.29%
SMAR	A	-0.28%
BSY	D	-0.28%
ESTC	C	-0.27%
CVLT	B	-0.27%
PCOR	B	-0.27%
GTLB	B	-0.26%
CFLT	C	-0.25%
SPSC	D	-0.25%
ZETA	F	-0.25%
AZPN	A	-0.24%
DBX	C	-0.24%
BILL	A	-0.23%
U	F	-0.23%
VRNS	D	-0.22%
PATH	D	-0.22%
QTWO	A	-0.22%
ACIW	B	-0.22%
ALTR	B	-0.22%
QLYS	C	-0.21%
MARA	B	-0.21%
AUR	D	-0.2%
HCP	B	-0.19%
CWAN	B	-0.19%
APPF	C	-0.19%
BOX	B	-0.18%
TENB	D	-0.18%
WK	B	-0.17%
CCCS	A	-0.17%
DLB	D	-0.16%
IDCC	A	-0.16%
PEGA	B	-0.14%
NCNO	B	-0.14%
RIOT	B	-0.12%
BLKB	D	-0.12%
CLSK	C	-0.12%
INTA	B	-0.11%
FRSH	B	-0.11%
AI	C	-0.11%
BL	B	-0.11%
RNG	B	-0.11%
VERX	A	-0.1%
DV	C	-0.1%
TDC	F	-0.1%
ALRM	C	-0.1%
ENV	B	-0.1%
PRGS	B	-0.1%
FIVN	C	-0.09%
RPD	C	-0.09%
AGYS	A	-0.09%
YOU	D	-0.09%
BRZE	C	-0.08%
ALKT	B	-0.08%
RAMP	C	-0.07%
PD	C	-0.07%
VYX	C	-0.07%
ADEA	C	-0.06%
SPT	C	-0.06%
APPN	B	-0.06%
MTTR	B	-0.05%
ZUO	A	-0.05%
AVPT	A	-0.05%
VRNT	D	-0.05%
PRO	C	-0.04%
JAMF	F	-0.04%
ATEN	A	-0.04%
ASAN	C	-0.04%
ETWO	F	-0.03%
SWI	B	-0.03%
NABL	F	-0.03%
CXM	C	-0.03%
SEMR	D	-0.02%
MLNK	C	-0.02%