CZAR - ETF AI Analysis

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Themes Natural Monopoly ETF (CZAR)

Rating:71Outperform

Price Target:―

CZAR, the Themes Natural Monopoly ETF, has an overall rating that suggests it holds generally solid, but not flawless, long-term prospects driven by financially strong, strategically well-positioned companies. High-quality holdings like Honeywell, Cisco, Broadcom, BlackRock, Raymond James, Mastercard, and Visa support the fund’s rating through strong financial performance, positive earnings call sentiment, and growth in areas like AI and payments, though many trade at relatively high valuations and some show bearish or mixed technical trends. Weaker contributors such as AU:ASX, with declining revenue, cash flow concerns, and regulatory and operational challenges, slightly weigh on the rating, and investors should note the key risk that several major holdings carry premium valuations and some bearish technical signals.

Positive Factors

Resilient Top Holdings Mix

Several of the largest positions, such as BAE Systems, Honeywell, BlackRock, ASX, and Raymond James, have shown strong or steady performance, helping to offset weaker names in the portfolio.

Broad Sector Diversification

The ETF spreads its investments across many sectors, with meaningful exposure to technology, industrials, financials, health care, and consumer companies, which helps reduce reliance on any single industry.

Global Footprint with U.S. Core

While the fund is anchored in U.S. stocks, it also holds companies from the UK, Australia, Europe, and Asia, providing some international diversification.

Negative Factors

Recent Weak Performance

The ETF has delivered negative returns over the past month, three months, and year to date, which may concern investors looking for near-term momentum.

Mixed Results Among Top Holdings

Several major positions such as Broadcom, Fortive, Cisco, and Mastercard have shown weak performance this year, which has weighed on the fund’s overall results.

Small Asset Base

The fund manages a relatively low level of assets, which can sometimes mean lower trading volume and wider bid–ask spreads for investors.

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

AUM1.59M

RegionDeveloped Markets

Expense Ratio0.35%

Beta0.71

IssuerThemes

Inception DateDec 13, 2023

Dividend Yield2.33%

Asset ClassEquity

Index TrackedSolactive Natural Monopoly Index - Benchmark TR Gross

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume576

30 Day Avg. Volume236

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

37.39

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering97

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

CZAR Summary

CZAR, the Themes Natural Monopoly ETF, tracks the Solactive Natural Monopoly Index, focusing on companies that dominate their markets and are hard to compete with. It holds well-known names like Broadcom and Mastercard, along with leaders in technology, finance, and industrials from the U.S. and other developed countries. Someone might invest in CZAR to tap into the long-term growth and stability of market leaders while getting global diversification in a single fund. A key risk is that these stocks can still go up and down with the overall market and with changes in regulation.

How much will it cost me?The Themes Natural Monopoly ETF (CZAR) has an expense ratio of 0.35%, meaning you’ll pay $3.50 per year for every $1,000 invested. This cost is slightly higher than average for ETFs because it is actively managed, focusing on a unique niche of companies with natural monopolies. Active management typically involves more research and oversight, which can increase costs.

What would affect this ETF?The CZAR ETF, with its focus on dominant companies in developed markets, could benefit from continued technological innovation and strong consumer demand in sectors like Technology and Industrials, which make up a significant portion of its portfolio. However, rising interest rates or stricter regulations in industries such as Financials or Technology could negatively impact growth prospects for some of its top holdings like Mastercard, Broadcom, or Meta Platforms. Global economic conditions and geopolitical tensions may also influence the performance of its diverse sector exposure.

CZAR Top 10 Holdings

CZAR leans into developed-market giants that dominate their niches, with a clear tilt toward industrials, financials, and tech. Defense heavyweight BAE Systems and industrial all-rounder Honeywell are doing much of the heavy lifting, with steadily rising share prices supporting the fund. Financial powerhouses BlackRock and Raymond James are also adding a quiet tailwind. On the tech side, Accenture looks healthy and rising, but former stars Broadcom, Cisco, and Mastercard have been losing steam lately, acting as mild brakes on overall performance rather than full-on drags.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
BA	BAE Systems	5.02%	$79.76K	£61.53B	83.55%	61 Neutral
HON	Honeywell International	4.88%	$77.53K	$153.29B	15.11%	77 Outperform
FTV	Fortive	4.14%	$65.84K	$18.53B	-27.18%	72 Outperform
ASX	ASX	4.06%	$64.63K	AU$10.65B	-15.61%	54 Neutral
CSCO	Cisco Systems	4.03%	$64.10K	$308.80B	23.79%	77 Outperform
AVGO	Broadcom	3.82%	$60.79K	$1.58T	52.13%	76 Outperform
BLK	BlackRock	3.67%	$58.39K	$178.19B	12.26%	77 Outperform
RJF	Raymond James Financial	3.52%	$55.94K	$31.76B	4.43%	76 Outperform
MA	Mastercard	3.34%	$53.07K	$470.86B	-5.58%	75 Outperform
V	Visa	3.27%	$51.99K	$610.49B	-7.91%	70 Outperform

CZAR Technical Analysis

Technical Analysis Sentiment

Negative

Last Price―

Price Trends

50DMA

32.03

Negative

100DMA

31.86

Negative

200DMA

31.49

Positive

Market Momentum

MACD

-0.06

Positive

RSI

46.63

Neutral

STOCH

17.46

Positive

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For CZAR, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 32.06, equal to the 50-day MA of 32.03, and equal to the 200-day MA of 31.49, indicating a neutral trend. The MACD of -0.06 indicates Positive momentum. The RSI at 46.63 is Neutral, neither overbought nor oversold. The STOCH value of 17.46 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CZAR.

CZAR Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
CZAR	―	―	$1.59M	0.35%	71 Outperform
WLDR	―	―	$60.50M	0.67%	72 Outperform
KNO	―	―	$41.23M	0.78%	62 Neutral
RW	―	―	$19.24M	1.25%	65 Neutral
HDMV	―	―	$17.39M	0.80%	64 Neutral
GLBL	―	―	$990.01K	0.65%	74 Outperform

Performance Comparison

CZAR

Themes Natural Monopoly ETF

31.78

2.58

8.84%

WLDR

Affinity World Leaders Equity ETF

―

KNO

AXS Knowledge Leaders ETF

―

Rainwater Equity ETF

―

HDMV

First Trust Horizon Managed Volatility Developed Intl ETF

―

GLBL

Pacer MSCI World Industry Advantage 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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