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CZARvsQWLDETF Comparison

ETF 1

CZAR

Themes Natural Monopoly ETF

This fund is part of

DM Large & Mid Cap

-1.08%

Full CZAR fund page

VS

ETF 2

QWLD

State Street SPDR MSCI World StrategicFactors ETF

This fund is part of

DM Large & Mid Cap

-1.08%

Full QWLD fund page

Themes Natural Monopoly ETF (CZAR) and State Street SPDR MSCI World StrategicFactors ETF (QWLD) belong to the same industry segment: DM Large & Mid Cap. CZAR's top 3 sector exposures are Information Technology, Industrials and Financials. In contrast, QWLD's top sector exposures are Information Technology, Financials and Health Care. CZAR is more expensive with a Total Expense Ratio (TER) of 0.35%, versus 0.3% for QWLD. CZAR is down -2.63% year-to-date (YTD) with - in YTD flows. QWLD performs better with 4.88% YTD performance, and -$15M in YTD flows. Run a side-by-side ETF comparison of CZAR and QWLD below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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CZAR vs QWLD performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 06/10/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	CZAR QWLD	-1.54%-0.20%	-0.75%+2.35%	-2.63%+4.88%	+0.76%+14.43%	n/a+54.73%	n/a+57.66%
Flows	CZAR QWLD	--$19M	--$19M	--$15M	+$6K-$15M	-+$34M	-+$64M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	CZAR QWLD	+12.13%+10.20%	+10.19%+8.43%	n/a+9.76%	n/a+11.85%
Max drawdown	CZAR QWLD	-4.96%-4.49%	-8.37%-7.55%	n/a-11.20%	n/a-22.83%
Max drawdown duration	CZAR QWLD	31d28d	226d73d	n/a84d	n/a709d

Trading data

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	CZAR	QWLD
Last sale 6/11/2026 at 1:30 PM	$31.34	$151.17
Previous close 06/10/2026	$31.09	$149.11
Consolidated volume 06/10/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of May 29, 2026

1-year trailing difference

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	CZAR	QWLD
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 6/11/2026 at 1:30 PM

Live

Closed

	CZAR	QWLD
Last price	$31.34	$151.17
1D performance	+0.81%	+1.38%
AuM	$1.56 M	$167.70 M
E/R	0.35%	0.3%

Characteristics

	CZAR	QWLD
Management strategy	Passive	Passive
Provider	Themes Management Company	State Street Investment Management
Benchmark	Solactive Natural Monopoly Index	MSCI World Factor Mix A-Series Index
N° of holdings	90	1190
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	December 13, 2023	June 4, 2014
ESG	No	No

More CZAR data on Trackinsight

More QWLD data on Trackinsight

Exposure

Countries

CZAR

USA

60.72%

United Kingdom

9.7%

Other

29.58%

QWLD

USA

62.74%

Japan

8.06%

Other

29.2%

Sectors

CZAR

Information Techn.

28.4%

Industrials

25.97%

Financials

8.19%

Other

37.44%

QWLD

Information Techn.

21.95%

Financials

13.49%

Health Care

11.97%

Communication Ser.

10.6%

Industrials

10.18%

Consumer Staples

8.15%

Other

23.66%

Diversification

CZAR

Total weight of top 15 holdings out of 15

53.55%

QWLD

Total weight of top 15 holdings out of 15

21.09%

Top 15 holdings

Data as of April 30, 2026

CZAR

BROADCOM LIMITED

4.83%

BAE SYSTEMS

4.79%

CISCO-T

4.57%

FORTIVE CORP

4.48%

ASX

4.47%

HONEYWELL INTL

4.33%

US09290D1019

3.62%

RAYMOND JAMES

3.46%

MASTERCARD

3.28%

VISA INCORPORATION

3.20%

SAGE GROUP

2.86%

AUTODESK

2.71%

PAYCHEX

2.71%

ACCENTURE PLC-A

2.24%

INTUIT

2.00%

QWLD

APPLE

2.24%

NVIDIA

2.13%

MICROSOFT-T

2.11%

META PLATFORMS

1.89%

ALPHABET INC-CL

1.55%

ALPHABET INC-CL

1.42%

JOHNSON&JOHNSON

1.30%

VISA INCORPORATION

1.25%

ASML HOLDING

1.19%

LILLY

1.16%

CISCO-T

1.06%

EXXON

1.03%

WALMART INC

1.01%

NOVARTIS

0.90%

PROCTERGAMBLE

0.85%

Frequently asked questions about CZAR and QWLD

How have the CZAR and QWLD ETFs performed in 2026?

As of June 10, 2026, CZAR is down -2.63% year-to-date (YTD), while QWLD has returned 4.88%. That puts QWLD better performer ahead so far this year.

Which ETF is attracting more investor money: CZAR or QWLD?

Year-to-date, the CZAR ETF saw - in flows, compared to -$15M for QWLD.

Which ETF is more volatile: CZAR or QWLD?

Over the past year, CZAR had a volatility of 10.19%, while QWLD experienced 8.43%.

Which ETF is bigger: CZAR or QWLD?

As of June 10, 2026, CZAR holds $1.56 M in assets under management (AUM), while QWLD manages $167.70 M.

What sectors do the CZAR and QWLD ETFs invest in?

CZAR leans toward sectors like Information Technology, Industrials and Financials. Meanwhile, QWLD focuses on Information Technology, Financials and Health Care.

CZARvsQWLDETF Comparison

Themes Natural Monopoly ETF

State Street SPDR MSCI World StrategicFactors ETF

CZAR vs QWLD performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the CZAR and QWLD ETFs performed in 2026?

As of June 10, 2026, CZAR is down -2.63% year-to-date (YTD), while QWLD has returned 4.88%. That puts QWLD better performer ahead so far this year.

Which ETF is attracting more investor money: CZAR or QWLD?

Year-to-date, the CZAR ETF saw - in flows, compared to -$15M for QWLD.

Which ETF is more volatile: CZAR or QWLD?

Over the past year, CZAR had a volatility of 10.19%, while QWLD experienced 8.43%.

Which ETF is bigger: CZAR or QWLD?

As of June 10, 2026, CZAR holds $1.56 M in assets under management (AUM), while QWLD manages $167.70 M.

What sectors do the CZAR and QWLD ETFs invest in?

CZAR leans toward sectors like Information Technology, Industrials and Financials. Meanwhile, QWLD focuses on Information Technology, Financials and Health Care.

What are the top holdings of the CZAR ETF and QWLD ETF?

CZAR top holdings include BROADCOM LIMITED, BAE SYSTEMS and CISCO-T. QWLD holds in its top three: APPLE, NVIDIA and MICROSOFT-T.

Which ETF is more diversified: CZAR or QWLD?

CZAR holds 96 securities with 53.55% of its assets in the top 15. QWLD has 1266 securities and a top 15 weight of 21.09%.

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