Themes Generative Artificial Intelligence ETF
$34.44+0.02 (+0.06%)
- 0.35%
- $28M
- −17.5%
- 0M sh
- $35.11
- low $30.00high $48.91
The ETF.net WISE Grade
B
Score 58 out of 100
- 9 of 30
Score 58 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A97 out of 100Rank 1 of 30Mission
Whether the fund did what it promised, tested against its stated mandate.B67 out of 100Rank 9 of 10Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F9 out of 100Rank 26 of 27Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C41 out of 100Rank 22 of 30Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C53 out of 100Rank 16 of 27Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D39 out of 100Rank 22 of 30
Our read on WISE
BMost AI funds are a market-cap ladder with the biggest chipmaker on top. WISE flips it: an index scores companies on how much of their business is genuinely generative AI, keeps the top 40, and weights them by that score. Purity over size, at 0.35% a year.
The Fund seeks to track, before fees and expenses, an index of companies operating in artificial-intelligence-related industries. It uses passive indexing to follow the Solactive Generative Artificial Intelligence Index.
Why people hold it
- Charges 0.35% a year, roughly half the median fee among AI-theme ETFs. Cost is where this fund does its clearest work.sec.gov
- Weights come from theme relevance, not market cap: the higher a company's AI-exposure score, the bigger its slot. The index reconstitutes each February and August.sec.gov
- An algorithmic screen ranks the field, the index provider strikes names without real AI operations, and the top 40 scores make the book. Rules-based, not a manager's shortlist.sec.govthemesetfs.com
- Plain plumbing: full replication of the index, with at least 80% of assets in index names and their depositary receipts. No swaps, no synthetic wrapper.sec.gov
Worth knowing
- Small and thinly traded. Spreads can widen, limit orders earn their keep, and a modest asset base gives a fund less runway than the giants in the category.
- About 40 names, non-diversified, mixing small caps with mega-cap chipmakers. One theme, concentrated, and the ride reflects that.sec.gov
- On price alone it does not stand apart: XAIX matches the 0.35% fee and QTUM sits at 0.40%. The differentiator is the relevance-weighted index underneath.
WISE Holdings
- Stocks
- 46
- 48%
- AMD
Sectors
- Technology85.7%
- Communication4.3%
- Health Care4.1%
- Industrials3.6%
- Consumer Discretionary2.3%
Geography
- United States81.29%
- China8.00%
- Japan5.73%
- United Kingdom3.96%
- Cayman Islands1.02%
WISE Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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WISE$8,247
Returns run to the Oct 12, 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 | WISE |
|---|---|
| Year to date | −11.7% |
| 1 month | −0.8% |
| 3 months | −7.1% |
| 1 year | −17.5% |
| 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 | WISE |
|---|---|---|
| 2026 YTD | −11.7% | |
| 2025 | +5.8% | |
| 2024 | +40.4% | |
| 2023 | +7.5% |
WISE in the news
WISE Dividends
- $1.61 per share
- Irregular
Distribution data unavailable.
Distribution history
WISE Risk
- 30.8%
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.
- 0.36
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.
- −39.2%
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.
- 1.91
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
WISE Cost
0.35%
WISE0.35%
- The middle half of Artificial Intelligence funds
- Median 0.65%
No Artificial Intelligence fund charges less.
Other funds in Artificial Intelligence
- BALAIAlger AI Enablers & Adopters ETFExpense ratio 0.58%1 year return +28.3%
- BFAIFirst Trust Exchange-Traded Fund II - First Trust Bloomberg Artificial Intelligence ETFExpense ratio 0.65%1 year return +45.6%
- BBAIiShares A.I. Innovation and Tech Active ETFExpense ratio 0.65%1 year return +39.5%
- BJHAIJanus Henderson Global Artificial Intelligence ETFExpense ratio 0.59%1 year return +33.1%
- CTHNQROBO Global Artificial Intelligence ETFExpense ratio 0.75%1 year return +50.3%