SPAM - ETF AI Analysis
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Themes Cybersecurity ETF (SPAM)
Rating:64Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has delivered strong gains so far this year and over the past few months, showing solid momentum in the cybersecurity theme.
Leading Cybersecurity Holdings
Several of the largest positions, including well-known cybersecurity companies, have shown strong performance, helping drive the fund’s returns.
Global but U.S.-Focused Exposure
While most of the fund is invested in U.S. companies, it still includes some exposure to other countries, adding a bit of international diversification.
Negative Factors
High Concentration in Top Holdings
The top ten positions make up a large share of the portfolio, which increases the impact that any one stock’s weakness can have on the ETF.
Sector Concentration in Technology
The fund is heavily tilted toward technology and related sectors, making it more sensitive to downturns in tech and cybersecurity stocks.
Mixed Performance Among Top Stocks
Although many holdings have performed well, at least one major position has shown weak or negative performance, which can drag on overall results.
SPAM vs. SPDR S&P 500 ETF (SPY)
AUM4.84M
RegionDeveloped Markets
Expense Ratio0.35%
Beta1.09
IssuerThemes
Inception DateDec 08, 2023
Dividend Yield0.46%
Asset ClassEquity
Index TrackedSolactive Cyber Security Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,189
30 Day Avg. Volume2,968
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
46.29Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering36
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SPAM Summary
The Themes Cybersecurity ETF (ticker: SPAM) is a fund that follows the Solactive Cyber Security Index, focusing on companies that protect computers, networks, and data. It mainly holds U.S. technology firms that build tools for things like threat detection, cloud security, and identity protection. Well-known holdings include Palo Alto Networks and Okta. Someone might invest in this ETF to benefit from the long-term growth of cybersecurity as more of life and business moves online. A key risk is that it is heavily concentrated in tech and cybersecurity stocks, so its price can swing more than the overall market.
How much will it cost me?The Themes Cybersecurity ETF (Ticker: SPAM) has an expense ratio of 0.35%, which means you’ll pay $3.50 per year for every $1,000 invested. This cost is slightly higher than average because the fund is actively managed and focuses on a specific sector, requiring more research and specialized expertise. It’s a reasonable fee for investors seeking targeted exposure to the growing cybersecurity industry.
What would affect this ETF?The Themes Cybersecurity ETF could benefit from the growing demand for cybersecurity solutions as digital threats increase globally, particularly in developed markets where the fund is focused. However, potential risks include regulatory changes or economic slowdowns that may impact technology spending, as well as competition among top holdings like Palo Alto Networks and CrowdStrike, which could affect their performance. Overall, the ETF’s heavy exposure to the technology sector makes it sensitive to broader tech industry trends and innovation cycles.
SPAM Top 10 Holdings
SPAM is essentially a pure play on cybersecurity, with heavy exposure to U.S.-listed tech names. Palo Alto Networks, CrowdStrike, and Okta are the main engines, all showing rising momentum as demand for cloud and identity security stays strong. Fortinet adds a steadier, more established touch, even as its technical picture looks a bit shaky. On the flip side, Nebius Group and BlackBerry are more like loose bolts in the portfolio, with mixed fundamentals and recent lagging spells that can dampen returns. Overall, it’s a concentrated bet on next-generation digital defense.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Okta | 6.81% | $329.57K | $24.67B | 49.20% | 75 Outperform | |
| Palo Alto Networks | 6.41% | $310.05K | $270.44B | 91.94% | 73 Outperform | |
| Fortinet | 6.29% | $304.18K | $118.82B | 66.34% | 71 Outperform | |
| CrowdStrike Holdings | 6.12% | $296.35K | $194.34B | 70.92% | 67 Neutral | |
| Rubrik, Inc. Class A | 5.10% | $246.74K | $14.89B | -17.44% | 50 Neutral | |
| Nebius Group | 4.54% | $219.90K | $47.92B | 266.17% | 46 Neutral | |
| SentinelOne | 4.50% | $217.80K | $6.53B | 6.24% | 61 Neutral | |
| F5, Inc. | 4.34% | $209.93K | $22.71B | 30.95% | 74 Outperform | |
| Trend Micro | 4.11% | $198.93K | ¥832.55B | -43.90% | 75 Outperform | |
| Zscaler | 3.99% | $193.06K | $24.45B | -46.05% | 60 Neutral |
SPAM Technical Analysis
Positive
―
Price Trends
40.24
Positive
35.81
Positive
33.78
Positive
Market Momentum
0.06
Positive
51.57
Neutral
36.94
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SPAM, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 41.80, equal to the 50-day MA of 40.24, and equal to the 200-day MA of 33.78, indicating a neutral trend. The MACD of 0.06 indicates Positive momentum. The RSI at 51.57 is Neutral, neither overbought nor oversold. The STOCH value of 36.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SPAM.
SPAM Peer Comparison
Comparison Results
Performance Comparison
SPAM
Themes Cybersecurity ETF
41.05
9.30
29.29%
AGNG
Global X Aging Population ETF
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WISE
Themes Generative Artificial Intelligence ETF
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IVEP
Dan IVES Wedbush AI Power & Infrastructure ETF
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TINY
ProShares Nanotechnology ETF
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FOWF
Pacer Solactive Whitney Future of Warfare ETF
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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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