Themes Airlines Etf Profile

AIRL Etf   29.42  0.12  0.41%   

Performance

22 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 9

 
High
 
Low
Low
Themes Airlines is selling for 29.42 as of the 28th of November 2024. This is a 0.41 percent increase since the beginning of the trading day. The etf's lowest day price was 29.33. Themes Airlines has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Themes Airlines ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Themes Airlines is entity of United States. It is traded as Etf on NASDAQ exchange. More on Themes Airlines ETF

Moving together with Themes Etf

  0.62XT iShares ExponentialPairCorr
  0.82BOTZ Global X RoboticsPairCorr
  0.71DRIV Global X AutonomousPairCorr

Moving against Themes Etf

  0.85ICLN iShares Global CleanPairCorr
  0.71TAN Invesco Solar ETFPairCorr
  0.61MJ Amplify ETF TrustPairCorr
  0.56MSOS AdvisorShares PurePairCorr
  0.39ACES ALPS Clean EnergyPairCorr
  0.36AMPD Tidal Trust IIPairCorr

Themes Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationSector ETFs, Industrials ETFs, Miscellaneous Sector (View all Sectors)
IssuerThemes
Inception Date2023-12-08
BenchmarkSolactive Airlines Index
Entity TypeRegulated Investment Company
Asset Under Management876,300
Asset TypeEquity
CategorySector
FocusIndustrials
Market ConcentrationDeveloped Markets
RegionGlobal
AdministratorU.S. Bancorp Fund Services, LLC
AdvisorThemes Management Company LLC
CustodianU.S. Bank, N.A.
DistributorALPS Distributors, Inc.
Portfolio ManagerDingxun Shao, Calvin Tsang
Transfer AgentU.S. Bancorp Fund Services, LLC
Fiscal Year End30-Sep
ExchangeNASDAQ
Number of Constituents38.0
Market MakerOld Mission
Total Expense0.35
Management Fee0.35
200 Day M A25.5218
Country NameUSA
50 Day M A27.4069
CodeAIRL
Updated At26th of November 2024
Returns Y T D13.91
NameThemes Airlines ETF
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01KG3SJX2
TypeETF
Themes Airlines ETF [AIRL] is traded in USA and was established null. The fund is listed under Miscellaneous Sector. The entity is thematically classified as Sector ETFs. Themes Airlines ETF presently have in assets under management (AUM).
Check Themes Airlines Probability Of Bankruptcy

Geographic Allocation (%)

Themes Airlines ETF Currency Exposure

Themes Airlines ETF holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Themes Airlines will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Themes Airlines ETF.

Top Themes Airlines ETF Etf Constituents

ALGTAllegiant TravelStockIndustrials
AALAmerican Airlines GroupStockIndustrials
CPACopa Holdings SAStockIndustrials
RY4DRYANAIR HLDGS ADRStockAirlines
SNCYSun Country AirlinesStockIndustrials
SAVESpirit AirlinesStockIndustrials
ULCCFrontier Group HoldingsStockIndustrials
WIZZWizz Air HoldingsStockIndustrials
More Details

Themes Airlines ETF Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Themes Airlines. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Themes Airlines Against Markets

When determining whether Themes Airlines ETF is a strong investment it is important to analyze Themes Airlines' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Themes Airlines' future performance. For an informed investment choice regarding Themes Etf, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Themes Airlines ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
The market value of Themes Airlines ETF is measured differently than its book value, which is the value of Themes that is recorded on the company's balance sheet. Investors also form their own opinion of Themes Airlines' value that differs from its market value or its book value, called intrinsic value, which is Themes Airlines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Themes Airlines' market value can be influenced by many factors that don't directly affect Themes Airlines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Themes Airlines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Themes Airlines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Themes Airlines' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.