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AAUM - ETF AI Analysis

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AAUM

Tema Alternative Asset Managers ETF (AAUM)

Rating:64Neutral
Price Target:
AAUM, the Tema Alternative Asset Managers ETF, appears to be a solid but not top-tier fund, supported by strong holdings like Apollo Global Management, Blackstone, and Ares Management, which benefit from robust financial performance, growth in assets under management, and positive earnings outlooks. However, weaker names such as StepStone Group, with financial difficulties and unattractive valuation, along with several holdings facing high leverage and potential overvaluation, weigh on the overall rating. The main risk factor is the fund’s concentration in alternative asset managers, where many holdings share similar vulnerabilities around debt levels, valuation, and sometimes bearish or mixed technical signals.
Positive Factors
Targeted Exposure to Alternative Asset Managers
The ETF gives focused access to a niche group of alternative asset management companies that many broad market funds do not cover directly.
Global Diversification
Holdings spread across the U.S., Europe, and Canada help reduce reliance on any single country’s market.
Recent Short-Term Rebound
The fund has shown a strong one-month performance, suggesting some recent recovery in its underlying holdings.
Negative Factors
High Expense Ratio
The fund charges relatively high fees, which can eat into returns over time compared with lower-cost ETFs.
Heavy Concentration in Financials
With most assets in the financial sector, the ETF is highly sensitive to downturns in financial markets and regulation affecting asset managers.
Weak Year-to-Date Performance and Lagging Top Holdings
The ETF’s overall performance has been negative this year, and many of its largest positions have been weak, which has weighed on returns.

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

AAUM Summary

The Tema Alternative Asset Managers ETF (AAUM) is an actively managed fund that focuses on companies that run and service investment funds, mainly in the financial sector. It doesn’t track a set index, but instead picks a mix of leading asset managers and custody banks around the world, with most holdings in the U.S. Well-known names include Blackstone (BX), KKR (KKR), and Apollo Global Management (APO). Someone might invest for targeted exposure to the growth of the asset management industry and added diversification within financials. A key risk is that it’s heavily concentrated in financial companies, so it can rise or fall sharply with that sector.
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

AAUM is essentially a who’s who of private equity and alternative asset managers, with names like Blackstone, KKR, Apollo, and Ares steering the ship. These giants have shown rising momentum over the past month but a more mixed to lagging pattern over the year, which has kept the fund from really breaking away. TPG and Ares, in particular, look like they’ve been dragging on recent performance despite solid business stories. With a heavy tilt toward U.S.-listed financials and a niche focus on asset managers, this ETF is highly concentrated in one powerful corner of the market.
Name
Company Name
Weight %
Market Value
Market Cap
Yearly Gain
Overall Rating
Brookfield Corporation5.89%$135.48K$102.03B26.06%
65
Neutral
StepStone Group5.64%$129.60K$6.17B-0.62%
45
Neutral
EQT AB5.63%$129.47Kkr370.15B15.06%
68
Neutral
Apollo Global Management5.62%$129.11K$71.85B-9.56%
75
Outperform
KKR & Co5.50%$126.37K$90.79B-11.61%
69
Neutral
Partners Group Holding AG5.22%$120.06KCHF23.70B-17.34%
66
Neutral
Blackstone Group5.09%$117.03K$148.51B-9.89%
72
Outperform
Brookfield Asset Management Ltd. Class A4.98%$114.50KC$106.43B-13.03%
68
Neutral
TPG4.91%$112.93K$16.76B-8.17%
61
Neutral
Ares Management4.83%$110.97K$37.97B-26.86%
70
Outperform

AAUM Technical Analysis

Technical Analysis Sentiment
Negative
Last Price
Price Trends
50DMA
20.20
Positive
100DMA
22.28
Negative
200DMA
Market Momentum
MACD
0.33
Negative
RSI
50.93
Neutral
STOCH
5.89
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For AAUM, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 20.52, equal to the 50-day MA of 20.20, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of 0.33 indicates Negative momentum. The RSI at 50.93 is Neutral, neither overbought nor oversold. The STOCH value of 5.89 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AAUM.

AAUM Peer Comparison

Comparison Results
Name
Price
Price Target
AUM
Expense Ratio
Overall Rating
$2.30M0.75%
64
Neutral
$99.54M0.54%
53
Neutral
$54.07M0.32%
65
Neutral
$34.24M12.44%
72
Outperform
$13.12M0.44%
72
Outperform
$8.33M6.71%
69
Neutral
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AAUM
Tema Alternative Asset Managers ETF
20.68
-3.80
-15.52%
LFSC
F/M Emerald Life Sciences Innovation ETF
GABF
Gabelli Financial Services Opportunities ETF
FBDC
FT Confluence BDC & Specialty Finance Income 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.
DisclaimerThis 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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