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Launched · SEC filings

Themes Generative Artificial Intelligence ETF

WISENasdaqThemesB

$30.00−0.84 (−2.74%)

At close: Nov 2, 2026, 4:00 PM ET

B58/ 100

Rank 10 of 30 in Artificial Intelligence

B58/100Rank 10 of 30inArtificial Intelligence
Intraday session: down, 79 prints from 30.84 to 30.00. Range 29.99 to 31.05. Use the arrow keys to read each point.30.2030.4030.6031.0010 AM12 PM2 PM4 PM
Expense ratio
0.35%
Fund size
$22M
1Y total return
−30.9%
Yield · Last 12 months
No data
Holdings
45
Avg volume · 30D
5.82K sh
52W range
low $30.00high $47.12
Launched
Filings
SEC EDGAR

The ETF.net WISE Grade

B

Score 58 out of 100

Category
Artificial Intelligence⁠
Rank
10 of 30
Six-pillar profile for WISE. Scores out of 100: Cost 97, Risk 12, Mission 67, Tradability 40, Holdings 53, Durability 38. Strongest: Cost (97). Weakest: Risk (12). Leans toward Cost.

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 100
    Rank 1 of 30

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    B67 out of 100
    Rank 7 of 10

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F12 out of 100
    Rank 26 of 28

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C40 out of 100
    Rank 21 of 30

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C53 out of 100
    Rank 16 of 27

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D38 out of 100
    Rank 22 of 30

Our read on WISE

ETF.net Research

In short

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.

Stated mandate

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 Performance

Launched Dec 8, 2023

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
WISE$6,905
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. WISE $6,905. SPY $11,199. Use the arrow keys to read each point.$8,000$10,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for WISE. Periods over one year show the average yearly return.
PeriodWISE
Year to date−20.9%
1 month−12.8%
3 months−10.0%
1 year−30.9%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for WISE
YearReturn barWISE
2026 YTD−20.9%
2025+5.8%
2024+40.4%
2023+7.5%

Since listing, Dec 8, 2023

WISE in the news

WISE Dividends

Last payment
$1.61 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 18, 2025 $1.61. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 18, 2025Dec 19, 2025$1.61

$10,000 in WISE 1 year ago paid $345 in dividends.

WISE Risk

Risk pillarF12 out of 100Rank 26 of 28 in Artificial Intelligence
How much the fund’s monthly returns vary, scaled to a year.
31.5%
Annualised · 34 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.19
vs 3-month T-bills · 34 months to Oct 2026
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.

The largest fall from a peak to the low that followed.
−39.2%
34 months · trough Apr 2025
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.

How strongly the fund’s returns move with its asset-class index.
1.91
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

WISE Cost

Tied cheapest in Artificial Intelligence

$7,126

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • WISE 0.35%

    $7,126

$10,000
30 years

Cost over time

  • WISE 0.35%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530WISE $7,126

Year by year

YearWISE
10$634
20$2,454
30$7,126

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