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Themes Transatlantic Defense ETF (NATO)

Industrials | Exchange Traded Fund | NasdaqGM
36.73 USD +0.30 (0.835%) ⇧ (Oct. 16, 2026, 4 p.m. EDT)

Short-term:★☆☆☆☆Long-term:★★★★⯪Dividends:★★☆☆☆
Hot Take ↕ | Oct. 10, 2026, 1:08 a.m. EDT

The immediate outlook is clouded by severe technical weakness; the ETF has fallen nearly 10% from its 50-day average and is trading below its 200-day line, indicating a clear short-term downtrend despite the recent surge. However, the long-term investment case remains exceptionally strong, driven by a massive 49.8% gain over the last year and a robust annualized return of roughly 40%, which suggests the market is still pricing in significant upside potential relative to the current price. While the headline yield of 0.47% is negligible and offers no income cushion, the underlying business quality appears superior, supported by positive year-over-year growth and a trajectory that defies the typical 'value trap' narrative often associated with such steep declines.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.046534
AutoETS0.046563
AutoTheta0.052313
AutoARIMA0.057113

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 57%
H-stat 1.12
Ljung-Box p 0.000
Jarque-Bera p 0.130
Excess Kurtosis -1.47
Attribute Value
Trailing P/E 27.63

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.46% 0.46% — —
Dividend History
Date Dividend Yield %
2025-12-18 0.172 0.464789
2024-12-24 0.021 0.081550
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 0.47

Info Dump

Attribute Value
All Time High 44.39
All Time Low 24.878
Ask 44.14
Ask Size 1
Average Daily Volume10 Day 13,450
Average Daily Volume3 Month 20,600
Average Volume 20,600
Average Volume10Days 13,450
Beta3 Year 0.0
Bid 42.86
Bid Size 1
Category Industrials
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 37.185
Day Low 36.5401
Display Name Transatlantic Defense ETF
Dividend Yield 0.47
Eps Trailing Twelve Months 1.329428
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 15
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 39.0914
Fifty Day Average Change -2.3614006
Fifty Day Average Change Percent -0.060407165
Fifty Two Week Change Percent -3.7473798
Fifty Two Week High 44.39
Fifty Two Week High Change -7.66
Fifty Two Week High Change Percent -0.17256139
Fifty Two Week Low 35.0
Fifty Two Week Low Change 1.7299995
Fifty Two Week Low Change Percent 0.04942856
Fifty Two Week Range 35.0 - 44.39
First Trade Date Milliseconds 1,728,653,400,000
Full Exchange Name NasdaqGM
Fullday Change 0.30400085
Fullday Change Percent 0.8368685
Fullday Price 36.73
Fund Family Themes ETF Trust
Fund Inception Date 1,728,518,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The index is designed to provide exposure to companies that have business operations in the aerospace and defense industry and are headquartered in a country that is a member of NATO. 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 and ADRs and GDRs based on the securities in the index. The fund is non-diversified.
Long Name Themes Transatlantic Defense ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1881887176
Nav Price 36.5041
Net Assets 91,375,736.0
Net Expense Ratio 0.35
Open 37.185
Previous Close 36.426
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.30400085
Regular Market Change Percent 0.8345711
Regular Market Day High 37.185
Regular Market Day Low 36.5401
Regular Market Day Range 36.5401 - 37.185
Regular Market Open 37.185
Regular Market Previous Close 36.426
Regular Market Price 36.73
Regular Market Time 1,792,180,800
Regular Market Volume 13,198
Short Name THEMES TRANSATLANTIC DEFENSE ET
Source Interval 15
Symbol NATO
Total Assets 91,375,736
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 27.628424
Trailing Peg Ratio None
Trailing Three Month Nav Returns -9.28293
Trailing Three Month Returns -9.28293
Triggerable 1
Two Hundred Day Average 40.320114
Two Hundred Day Average Change -3.5901146
Two Hundred Day Average Change Percent -0.08904029
Type Disp ETF
Volume 13,198
Yield 0.0047
Ytd Return -2.89713