HWAY - ETF AI Analysis
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Rating:73Outperform
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered strong gains so far this year, showing solid momentum in its infrastructure theme.
Leading Industrial Holdings
Several major industrial companies in the top holdings have shown strong performance, helping drive the fund’s returns.
Moderate Expense Ratio
The fund’s expense ratio is reasonably low for a specialized thematic ETF, allowing investors to keep more of their gains.
Negative Factors
Heavy Sector Concentration
The portfolio is heavily tilted toward industrials, which increases risk if that sector faces a downturn.
Single-Country Exposure
Almost all assets are invested in U.S. companies, offering little geographic diversification if the U.S. market weakens.
Mixed Performance Among Top Holdings
While many top positions are performing well, at least one key holding has shown weak results, slightly dragging on overall performance.
HWAY vs. SPDR S&P 500 ETF (SPY)
AUMN/A
RegionN/A
Expense RatioN/A
BetaN/A
IssuerN/A
Inception DateN/A
Dividend YieldN/A
Asset ClassN/A
Index TrackedN/A
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume832
30 Day Avg. Volume854
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 TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst CoveringN/A
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
HWAY Summary
HWAY is the Themes US Infrastructure ETF, which follows the Solactive United States Infrastructure Index. It focuses on U.S. companies tied to roads, railways, construction, and other key infrastructure projects. Well-known holdings include Union Pacific and Caterpillar, both major players in transportation and heavy equipment. Investors might consider HWAY if they want growth potential from government spending on rebuilding and modernizing America’s infrastructure, while still getting diversification across many related companies. A key risk is that it is heavily concentrated in industrial and infrastructure stocks, so its value can rise or fall sharply with that part of the market.
How much will it cost me?The Themes US Infrastructure ETF (HWAY) has an expense ratio of 0.29%, which means you’ll pay $2.90 per year for every $1,000 invested. This is slightly higher than average for ETFs because it is actively managed to focus on a specific niche: U.S. infrastructure. The higher cost reflects the specialized approach and curated selection of companies in this sector.
What would affect this ETF?The HWAY ETF could benefit from increased government spending on infrastructure projects, modernization efforts, and the shift toward sustainable systems, as these trends align with its focus on transportation, utilities, and construction companies. However, potential risks include higher interest rates, which could increase borrowing costs for infrastructure projects, and economic slowdowns that might reduce funding or demand for large-scale development. Its heavy exposure to industrials and materials sectors makes it sensitive to changes in commodity prices and regulatory policies affecting construction and transportation industries.
HWAY Top 10 Holdings
HWAY is essentially a bet on U.S. industrial muscle, with big positions in railroads and heavy equipment doing most of the heavy lifting. Union Pacific, CSX, and Norfolk Southern have been rising, giving the fund a solid backbone of transportation names. Caterpillar and Deere add steady, if sometimes choppy, exposure to construction and machinery, while Quanta Services has turned more mixed lately, occasionally dragging on returns. With almost all holdings tied to U.S. infrastructure and materials, this ETF is firmly rooted in America’s build-out story rather than global diversification.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Union Pacific | 4.98% | $190.65K | $174.93B | 29.70% | 72 Outperform | |
| CSX | 4.94% | $189.17K | $94.18B | 43.78% | 78 Outperform | |
| Caterpillar | 4.63% | $177.28K | $387.33B | 80.30% | 76 Outperform | |
| Quanta Services | 4.46% | $170.58K | $88.29B | 36.49% | 78 Outperform | |
| Emerson Electric Company | 4.30% | $164.53K | $85.03B | -0.22% | 76 Outperform | |
| Deere | 4.21% | $161.26K | $172.72B | 20.30% | 66 Neutral | |
| Parker Hannifin | 4.20% | $160.93K | $124.95B | 29.92% | 79 Outperform | |
| Norfolk Southern | 3.96% | $151.42K | $76.11B | 20.34% | 75 Outperform | |
| United Rentals | 3.62% | $138.73K | $67.92B | 19.84% | 73 Outperform | |
| CRH plc | 3.53% | $135.26K | $69.09B | 3.30% | 76 Outperform |
HWAY Technical Analysis
Positive
―
Price Trends
37.82
Positive
36.42
Positive
34.34
Positive
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For HWAY, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 37.84, equal to the 50-day MA of 37.82, and equal to the 200-day MA of 34.34, indicating a bullish trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HWAY.
HWAY Peer Comparison
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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