Summary
Themes Cybersecurity ETF is an ETF - a fund traded on an exchange like a stock - run by Themes. Positions inside: 45. The ten largest make up 51% of the fund.
- Yearly costs
- 0.35%
- Fund size
- $6.63M
- Positions
- 45
- Dividend yield
- 0.34%
- Running since
- 2023
What speaks for it
- Costs of 0.35% a year are below the middle of comparable funds (0.44%).
What to watch
- The ten largest positions make up 51% of the fund, so its result rests on a few names.
- 90% of the fund is in one sector (Technology).
- A young fund: it has been running only since 2023.
- A small fund with $6.63M under management; small funds get closed more often.
- It trades little: only about $105.0K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -2.7%
- 3 months
- +3.7%
- This year
- +44%
- 1 year
- +28%
- Avg. market cap
- $43.5B
- P/E
- 35.3x
- Forward P/E
- 26.7x
- P/S
- 4.2x
- P/B
- 5.6x
- P/FCF
- 21.6x
- EV/EBITDA
- 25.0x
- Dividend yield
- 0.24%
- ROIC
- 11.9%
- ROE
- 9.9%
- Gross margin
- 67.9%
- Operating margin
- 2.2%
- Net margin
- 2.5%
- Payout ratio
- 8.3%
- Net debt/EBITDA
- 0.8x
- Beta
- 1.08
Weighted average of the 34 largest companies, which make up 99% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 ZSZscaler ZS 6.2%
- 2 RBRubrik RBRK 5.7%
- 3 OKOkta OKTA 5.5%
- 4 CACACI CACI 5.4%
- 5 CRCrowdStrike CRWD 5.1%
- 6 BABooz Allen Hamilton BAH 5.1%
- 7 FTFortinet FTNT 4.7%
- 8 PAPalo Alto Networks PANW 4.6%
- 9 FFF5 FFIV 4.5%
- 10 SSentinelOne, Inc. S 4.4%
Positions in the fund: 45. The ten largest make up 51% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One sector dominatesBy sector
- Technology 90%
- Industrials 5.3%
- Communication services 3.8%
- Real estate 0.3%
- Financials 0.2%
By country
- United States 80%
- Israel 5.0%
- Japan 3.9%
- Netherlands 3.3%
- Other countries 8.0%
By company size
- Mega cap 9.8%
- Large cap 46%
- Mid cap 40%
- Small cap 4.0%
- Micro cap 0.1%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Technology (90%). Largest country: United States (80%). Largest size group: Large cap (46%).
What does it cost me?
Cheap- A year from $10,000
- $35.00
- Over 20 years
- $1,714
From every $10,000 invested the fund takes $35.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $1,714.
How has it done?
Growing over the long run- Over the last year
- +28%
- Deepest drop
- -24%
- Yearly volatility
- 32%
Growth over the last year: 28%. Deepest drop in these years: 24% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 0.34%
- Last payment
- $0.15
Over the last 12 months it paid $0.15 per share, which is 0.34% of today's price. The last payment was $0.15 on Dec 18, 2025.
Is it easy to buy and sell?
It trades little- Traded a day
- $105.0K
- Shares a day
- 2.4K
On an average day about $105.0K of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 35.3
- Average Bulios Score
- 54 out of 100
Weight by Bulios Fair Price
- Undervalued 32%
- Fairly valued 13%
- Overvalued 55%
On average the companies inside trade for 35.3 times their yearly profit. By Fair Price, 55% of the rated weight comes out as overvalued.
Counted from its largest companies (34), which make up 99% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
PS PSWD Xtrackers Cybersecurity Select Equity ETF | United States | 0.20% | $7.67M | +25% | Pays out | 86% |
CY CYBR.TO Evolve Cyber Security Index Fund | Canada | 0.40% | $167.1M | +30% | Pays out | 70% |
IS IS4S.DE iShares Digital Security UCITS ETF | Ireland | 0.40% | $2.45B | +32% | Pays out | 67% |
IH IHAK iShares Cybersecurity and Tech ETF | United States | 0.47% | $812.6M | +31% | Pays out | 67% |
WC WCBR WisdomTree Cybersecurity Fund | United States | 0.45% | $191.9M | +41% | Pays out | 62% |
WC WCBR.MI WisdomTree Cybersecurity UCITS ETF - USD Acc | Ireland | 0.45% | $518.5M | +46% | Reinvests | 61% |
