New
Trackinsight Enterprise, a unified platform for institutional ETF research, analytics, and compliance, is now live. Explore Trackinsight Enterprise →
Help us improve your experience. Please confirm your investor type:
ETF What's Up
Don’t Miss a Move in the ETF Market
Sign up and keep track of everything that moved the ETF industry this week. From new launches to regulatory shifts across the Atlantic.
NATO ETF · Themes Transatlantic Defense ETF
The NATO Exchange Traded Fund (ETF) is provided by Themes Management Company. It is built to track an index: Solactive Transatlantic Aerospace and Defense Index. The NATO ETF provides physical exposure, so by buying it you actually own parts of all the 74 underlying holdings. This share class generates a stream of income by distributing dividends.
Last update Yesterday at 1:30 PM UTC
LIVE
CLOSED
Last price
$42.27
1M perf.
+1.40%
1M flows
+€9.3M
AuM
€81M
E/R
0.35%
Rating
Not rated
ESG Consensus®
NATO
$42.27
Performance & flows
December 10, 2025 → March 10, 2026
Create a free account to view the flows graph
NATO
$42.37
+15.60%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | +1.40% | +15.60% | +53.03% | N/A | N/A | -2.03% | +11.68% | +11.68% | |
| Flows |
Key fund info
This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
CUSIP
882927767
ISIN
US8829277677
AuM
€81M
E/R
0.35%
Replication rating
Not rated
ESG Consensus®
More details
NAV
3/10/2026
$42.37
1D NAV change
-0.12%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
74
Inception date
10/10/2024
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Fund
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
Create a free account to view dividend distribution
Classification
Product type
Benchmark
Solactive Transatlantic Aerospace and Defense Index
Asset class
Factors
N/A
Investment strategy
The Themes Transatlantic Defense ETF (the “Fund”) is an exchange traded fund (“ETF”) that seeks to track the performance, before fees and expenses, of an index composed of companies from North Atlantic Treaty Organization (“NATO”) member countries that have business operations in the aerospace and defense industry.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
Create a free Trackinsight Essentials account to unlock insights
Access exclusive metrics and features to support your investment decisions.
Built for professionals: access exclusive fund metrics and selection tools in Trackinsight Enterprise.
Enterprise Fund page features include:
Legal documents
Powerful buy-list integration
Fund data exports
Advanced risk metrics
Advanced replication analysis
Advanced exposure look-through
Upload your own internal metrics
Custom data feature
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseSimilar ETFs in your region
DFND
1M perf.
+2.47%
E/R
0.35%
ICBM
1M perf.
+2.69%
E/R
0.65%
ARMR
1M perf.
+5.59%
E/R
0.5%
ARMR
1M perf.
+4.24%
E/R
0.55%
WIND
1M perf.
-2.99%
E/R
0.3%
Advertisement
Risk profile
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +15.60% | +53.03% | N/A | N/A |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
Create a free account to view risk/return table
Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
Built for professionals: access exclusive risk metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseExposure
Countries
USA
66.65%
United Kingdom
10.50%
France
5.87%
Netherlands
5.76%
Germany
5.69%
Cayman Islands
1.54%
Italy
1.23%
Sweden
1.07%
Unavailable
0.53%
Other
1.16%
Sectors
Industrials
90.93%
Information Technology
1.70%
Unavailable
7.32%
Diversification
Total weight of top 15 holdings out of 74
Top 15 holdings
Data as of January 31, 2026
RAYTHEON TECHNOLOGIES CORPORD
BOEING U
GENERAL ELECTRIC
ROLLS-ROYCE HOLDINGS
HONEYWELL INTL
AIRBUS SE
LOCKHEED MARTIN
NORTHROP GRUMMAN
Create a free account to view top holdings
SAFRAN
RHEINMETALL
HOWMET AEROSPACE INC
BAE SYSTEMS
GENERAL DYNAMICS
TRANSDIGM GROUP
L3 HARRIS TECHNOLOGIES
Create a free account to view top holdings
Built for professionals: access exclusive exposure metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseSustainability
Integrates ESG criteria
No
SDG
ESG Consensus® by Conser
Data as of December 31, 2025
MethodologyOur partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about NATO ETF's sustainability, based on their methodology.
ESG Consensus®
ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.
NATO’s has a Final Sustainability Grade of either C+, C, C-, or D.
A+
A
A-
B+
B
B-
C+
C
C-
D
This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight EnterpriseHoldings review
12.09% of holdings have positive scoring
88.44% of holdings have negative scoring
5.97%
5.96%
35.86%
50.26%
Consensus levels
Strong
Medium
Weak
Built for professionals: access exclusive sustainability metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseReplication
Trackinsight replication rating:
Not rated
Replication quality
Calculated over 12m, as of February 27, 2026
Tracking error
Tracking difference
Replication information
Index
Solactive Transatlantic Aerospace and Defense NTR Index - USD
Index ticker
SOLNATON Index
Index dividend policy
NTR
Replication method
Replication model
Built for professionals: access exclusive replication metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseIssuer
Themes Management Company
Themes Management Company ID Card
Number of funds
23
Total AuM
€433M
Expense ratio range
0.29% - 0.75%
Average expense ratio
0.4457%
Top 5 funds by Themes Management Company
| AuM | ||
|---|---|---|
NATO | Themes Transatlantic Defense ETF | €81M |
TSLG | Leverage Shares 2X Long TSLA Daily ETF | €35M |
NVDG | Leverage Shares 2X Long NVDA Daily ETF | €34M |
AUMI | Themes Gold Miners ETF | €33M |
BOTT | Themes Humanoid Robotics ETF | €32M |
Frequently asked questions about NATO
What does Themes Transatlantic Defense ETF, NATO, invest in?
NATO is a Passive ETF. This ETF provides exposure to Aerospace & Defense Equities.
Which benchmark or index does NATO replicate?
NATO tracks the Solactive Transatlantic Aerospace and Defense NTR Index - USD, through a full replication replication method.
What is the Total Expense ratio (TER) of NATO?
NATO carries a total expense ratio (TER) of 0.35%, indicating the annual cost for holding the fund.
When was NATO launched?
NATO was introduced to the market on October 10, 2024. It trades on United States
Who is the ETF issuer of NATO?
Themes Transatlantic Defense ETF, NATO, is provided by Themes Management Company. Learn more about Themes Management Company here.
What is the current assets under management (AUM) of NATO?
NATO oversees €81M in assets as of March 10, 2026.
How has NATO performed lately?
Based on data from March 10, 2026, NATO returned 1.40% over the past month, 15.60% over the last three months and 11.68% year-to-date.
What are the latest inflows or outflows for NATO?
As of March 10, 2026, NATO recorded net flows of +€9.3M over the last month and +€23M year-to-date.
Does NATO distribute dividends?
NATO follows a distributing dividend policy, meaning it pays out income to investors. As of March 10, 2026, its 12-month trailing yield was 0.41%.
What are the main country or region exposures of NATO?
As of January 31, 2026, NATO has significant geographic allocations in USA, United Kingdom and France.
In which sector or theme does NATO invest in?
As of January 31, 2026, NATO focuses largely on Industrials and Information Technology.
How many securities does NATO hold and how diversified is it?
As of January 31, 2026, NATO holds 74 positions in its portfolio, with 76.21% of assets concentrated in its top 15 holdings.
What are the main positions in NATO?
As of January 31, 2026, NATO top three holdings include RAYTHEON TECHNOLOGIES CORPORD, BOEING U and GENERAL ELECTRIC.
What is the base currency of NATO?
The base currency of NATO is USD.
Advertisement
About Trackinsight
Since our founding in 2016, we have been at the forefront of the industry, delivering accessible, comprehensive, and reliable tools to support the evolving needs of investors.
Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.
In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.
This strategic partnership solidifies Trackinsight's position as a premier provider of ETF selection and analysis tools, while strengthening Kepler Cheuvreux’s commitment to becoming a leading player in the ETF sector.
Together, we are committed to offering advanced services that empower professional investors, advisors, institutions, and issuers. This new step enables us to deliver even more comprehensive and innovative technological solutions, driving ETF investing to new heights.
More about TrackinsightETF TOOLS
PLATFORM
ETF NEWS & RESEARCH
© 2014-2026 Trackinsight SA. All rights reserved.
Privacy policy | Cookie policy | | Terms of use | Imprint
Privacy policy | Cookie policy | | Terms of use | Imprint
