AAUM - ETF AI Analysis

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Tema Alternative Asset Managers ETF (AAUM)

Rating:63Neutral

Price Target:―

The Tema Alternative Asset Managers ETF (AAUM) has a balanced overall rating, driven by strong contributions from holdings like Hamilton Lane (HLNE), which benefits from robust asset growth and strategic partnerships, and Apollo Global Management (APO), which shows strong financial performance and growth in assets under management. However, weaker holdings such as StepStone Group (STEP), impacted by financial difficulties and unattractive valuation metrics, weigh on the fund's rating. A key risk factor is the potential overvaluation across several holdings, which could lead to market corrections.

Positive Factors

Strong Performing Holdings

Several top holdings, such as Brookfield Corporation and Carlyle Group, have delivered steady gains, supporting the ETF’s performance.

Global Diversification

The ETF includes exposure to multiple countries, such as the UK, Canada, and Sweden, which helps reduce reliance on a single market.

Focused Sector Strategy

The ETF’s heavy allocation to the financial sector aligns with its specialized theme, offering targeted exposure to alternative asset managers.

Negative Factors

High Expense Ratio

The ETF charges a relatively high expense ratio compared to many other funds, which could eat into investor returns over time.

Underperforming Holdings

Several top holdings, including Blue Owl Capital and Apollo Global Management, have lagged in performance, dragging down overall returns.

Sector Over-Concentration

With nearly 89% of assets in the financial sector, the ETF is highly exposed to risks specific to this industry.

AAUM vs. SPDR S&P 500 ETF (SPY)

AUM2.52M

RegionNorth America

Expense Ratio0.75%

Beta1.23

IssuerTema

Inception DateOct 01, 2025

Dividend YieldN/A

Asset ClassEquity

Index TrackedNo Underlying Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume27

30 Day Avg. Volume80

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

29.02

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering30

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

AAUM Summary

The Tema Alternative Asset Managers ETF (AAUM) is an investment fund that focuses on companies in the financial sector, specifically asset management and custody banks. It includes well-known firms like Apollo Global Management and Carlyle Group, which are leaders in managing investments and financial services. This ETF is actively managed, meaning experts adjust its holdings to respond to market trends, making it a flexible option for investors. People might consider investing in AAUM to diversify their portfolio with exposure to the financial industry and benefit from potential growth in asset management. However, it’s important to know that this ETF is heavily tied to the financial sector, so its performance can be impacted by changes in the economy or financial markets.

How much will it cost me?The Tema Alternative Asset Managers ETF (AAUM) has an expense ratio of 0.75%, which means you’ll pay $7.50 per year for every $1,000 invested. This is higher than the average for ETFs because it is actively managed, allowing the fund to adapt to market changes and focus on specific opportunities in the asset management sector.

What would affect this ETF?The AAUM ETF, focused on U.S. asset management and custody banks, could benefit from positive trends like increased demand for financial services and innovation in asset management technologies. However, it may face challenges from rising interest rates, which can pressure financial sector profitability, or regulatory changes that impact asset management firms. Its concentrated exposure to the financial sector makes it sensitive to broader economic conditions and market volatility.

AAUM Top 10 Holdings

The Tema Alternative Asset Managers ETF (AAUM) is heavily concentrated in U.S.-based financial companies, with a clear focus on asset management and custody banks. Recent performance has been a mixed bag: Brookfield Corporation and Carlyle Group are rising stars, buoyed by strategic growth initiatives and operational efficiency. On the other hand, Blackstone and KKR are dragging the fund, with valuation concerns and high leverage weighing on their outlook. While the fund’s sector focus offers targeted exposure to financial leaders, its reliance on a few names means investors should brace for potential volatility.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
TPG	TPG	5.71%	$143.74K	$25.25B	7.31%	61 Neutral
HLNE	Hamilton Lane	5.53%	$139.20K	$8.19B	4.96%	77 Outperform
EQT	EQT AB	5.46%	$137.54K	kr424.51B	13.94%	68 Neutral
ARES	Ares Management	5.44%	$136.98K	$57.45B	0.40%	70 Outperform
APO	Apollo Global Management	5.42%	$136.34K	$84.85B	-5.92%	75 Outperform
STEP	StepStone Group	5.24%	$131.84K	$8.40B	22.73%	45 Neutral
CG	Carlyle Group	5.10%	$128.31K	$23.31B	28.54%	59 Neutral
BN	Brookfield Corporation	5.07%	$127.68K	$118.04B	29.05%	65 Neutral
KKR	KKR & Co	5.03%	$126.51K	$120.02B	-5.17%	69 Neutral
PGHN	Partners Group Holding AG	4.84%	$121.74K	CHF26.49B	-22.30%	66 Neutral

AAUM Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

23.69

Positive

100DMA

200DMA

Market Momentum

MACD

0.49

Negative

RSI

63.65

Neutral

STOCH

77.86

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For AAUM, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 24.75, equal to the 50-day MA of 23.69, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of 0.49 indicates Negative momentum. The RSI at 63.65 is Neutral, neither overbought nor oversold. The STOCH value of 77.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AAUM.

AAUM Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
AAUM	―	―	$2.52M	0.75%	―
LFSC	―	―	$93.58M	0.54%	―
FBDC	―	―	$39.42M	13.69%	―
GABF	―	―	$38.40M	0.32%	―
TFNS	―	―	$12.72M	0.44%	―
LBO	―	―	$7.56M	6.71%	―

Performance Comparison

AAUM

Tema Alternative Asset Managers ETF

25.40

0.92

3.76%

LFSC

F/M Emerald Life Sciences Innovation ETF

―

FBDC

FT Confluence BDC & Specialty Finance Income ETF

―

GABF

Gabelli Financial Services Opportunities ETF

―

TFNS

T. Rowe Price Financials ETF

―

LBO

WHITEWOLF Publicly Listed Private Equity ETF

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―

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