Themes Global Systemically Important Banks ETF
$62.98−0.79 (−1.24%)
- Expense ratio
- 0.35%
- Fund size
- $45M
- 1Y return
- +34.7%
- Yield · Last 12 months
- 1.57%
- Holdings
- 29
- Volume · 30D
- 0M sh
- NAV per share
- $63.89
- 52W range
The ETF.net GSIB Grade
Score 56 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 62Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 84Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 22Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 68Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 29Category rank
Our read on GSIB
BMost bank ETFs stop at the US border. GSIB goes after the other kind of bank: the world's systemically important ones, roughly 30 global megabanks in a single actively managed portfolio.
The Fund seeks growth of capital through an actively managed portfolio of equity securities issued by companies operating in the global banking sector.
Why people hold it
- The niche is in the name: global systemically important banks, roughly 30 of them, rather than another basket of US regionals.
- Genuinely global mandate. Most of the bank-ETF field is domestic (KBE, KBWB, KRE) or single-region (PBEU, European banks).
- 0.35% expense ratio, right at the bank-ETF median, and you get an actively managed global sleeve for it instead of a plain index tracker.
- Spread across megabanks in several regions, so no single country's banking system runs the whole fund. It grades out in the upper half of its bank-ETF peer group.
Worth knowing
- Launched in 2023, so the live record is short and the asset base is still small next to the established bank ETFs.
- Thinly traded for its category. Spreads can widen, and limit orders do the heavy lifting.
- One sector, roughly 30 names, and distributions land once or twice a year rather than monthly.
GSIB Holdings
- Stocks
- 29
- 36%
- TD
Sectors
- Financials100.0%
Geography
- United States26.49%
- China19.58%
- Japan11.54%
- United Kingdom10.58%
- France10.21%
- Canada6.72%
- Netherlands3.97%
- Germany3.79%
- 7.11%
Developed 73% · Emerging 27%
GSIB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | GSIB |
|---|---|
| Year to date | +21.4% |
| 1 month | −0.5% |
| 3 months | +3.7% |
| 1 year | +34.7% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | GSIB |
|---|---|---|
| 2026 YTD | +21.4% | |
| 2025 | +61.7% | |
| 2024 | +32.8% | |
| 2023 | +2.4% |
GSIB in the news
ETF.net Research hasn’t filed on GSIB yet — coverage lands here as it’s written.
GSIB Dividends
- 1.57%
- $1.00
- $1.00 per share
- Irregular
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 18, 2025 | Dec 19, 2025 | $1.00 |
| Dec 24, 2024 | Dec 26, 2024 | $0.55 |
GSIB Risk
- 12.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 2.68
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −17.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.58
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
GSIB Cost
- The middle half of Banks funds
- Median 0.35%
1 of the 9 Banks funds charge less.