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CZARvsTOKETF Comparison

ETF 1

CZAR

Themes Natural Monopoly ETF

This fund is part of

DM Large & Mid Cap

+0.2%

Full CZAR fund page

VS

ETF 2

TOK

iShares MSCI Kokusai ETF

This fund is part of

DM Large & Mid Cap

+0.2%

Full TOK fund page

Themes Natural Monopoly ETF (CZAR) and iShares MSCI Kokusai ETF (TOK) belong to the same industry segment: DM Large & Mid Cap. CZAR's top 3 sector exposures are Information Technology, Industrials and Financials. In contrast, TOK's top sector exposures are Information Technology, Financials and Industrials. CZAR is more expensive with a Total Expense Ratio (TER) of 0.35%, versus 0.25% for TOK. CZAR is down -2.84% year-to-date (YTD) with - in YTD flows. TOK performs better with 9.38% YTD performance, and - in YTD flows. Run a side-by-side ETF comparison of CZAR and TOK 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 TOK 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 06/18/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	CZAR TOK	-2.69%+1.64%	+1.79%+12.16%	-2.84%+9.38%	+2.15%+25.07%	n/a+72.77%	n/a+79.51%
Flows	CZAR TOK	--	--	--	+$6K-$13M	--$53M	--$140M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	CZAR TOK	+11.54%+16.02%	+10.12%+12.56%	n/a+14.35%	n/a+16.42%
Max drawdown	CZAR TOK	-3.64%-4.20%	-8.37%-8.97%	n/a-17.27%	n/a-25.91%
Max drawdown duration	CZAR TOK	60d16d	234d47d	n/a104d	n/a708d

Trading data

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	CZAR	TOK
Last sale 6/18/2026 at 1:30 PM	$31.00	$150.11
Previous close 06/18/2026	$31.12	$148.79
Consolidated volume 06/18/2026
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	TOK
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 6/18/2026 at 1:30 PM

Live

Closed

	CZAR	TOK
Last price	$31.00	$150.11
1D performance	-0.39%	+0.89%
AuM	$1.55 M	$248.25 M
E/R	0.35%	0.25%

Characteristics

	CZAR	TOK
Management strategy	Passive	Passive
Provider	Themes Management Company	iShares
Benchmark	Solactive Natural Monopoly Index	MSCI Kokusai Index
N° of holdings	90	1047
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	December 13, 2023	December 10, 2007
ESG	No	No

More CZAR data on Trackinsight

More TOK data on Trackinsight

Exposure

Countries

CZAR

USA

60.72%

United Kingdom

9.7%

Other

29.58%

TOK

USA

73.79%

Other

26.21%

Sectors

CZAR

Information Techn.

28.4%

Industrials

25.97%

Financials

8.19%

Other

37.44%

TOK

Information Techn.

28.96%

Financials

13.81%

Industrials

9.76%

Communication Ser.

9.16%

Consumer Discreti.

9.04%

Health Care

8.03%

Other

21.23%

Diversification

CZAR

Total weight of top 15 holdings out of 15

53.55%

TOK

Total weight of top 15 holdings out of 15

32.45%

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%

TOK

NVIDIA

5.89%

APPLE

4.84%

MICROSOFT-T

3.50%

AMAZON.COM INC

3.10%

ALPHABET INC-CL

2.72%

BROADCOM LIMITED

2.28%

ALPHABET INC-CL

2.26%

META PLATFORMS

1.62%

TESLA

1.31%

JPMORGAN CHASE

1.04%

LILLY

0.91%

EXXON

0.79%

BERKSHIRE HATHWAY

0.79%

MICRON TECHNOLOGY

0.71%

WALMART INC

0.70%

Frequently asked questions about CZAR and TOK

How have the CZAR and TOK ETFs performed in 2026?

As of June 18, 2026, CZAR is down -2.84% year-to-date (YTD), while TOK has returned 9.38%. That puts TOK better performer ahead so far this year.

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

Year-to-date, the CZAR ETF saw - in flows, compared to - for TOK.

Which ETF is more volatile: CZAR or TOK?

Over the past year, CZAR had a volatility of 10.12%, while TOK experienced 12.56%.

Which ETF is bigger: CZAR or TOK?

As of June 18, 2026, CZAR holds $1.55 M in assets under management (AUM), while TOK manages $248.25 M.

What sectors do the CZAR and TOK ETFs invest in?

CZAR leans toward sectors like Information Technology, Industrials and Financials. Meanwhile, TOK focuses on Information Technology, Financials and Industrials.

CZARvsTOKETF Comparison

Themes Natural Monopoly ETF

iShares MSCI Kokusai ETF

CZAR vs TOK 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 TOK ETFs performed in 2026?

As of June 18, 2026, CZAR is down -2.84% year-to-date (YTD), while TOK has returned 9.38%. That puts TOK better performer ahead so far this year.

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

Year-to-date, the CZAR ETF saw - in flows, compared to - for TOK.

Which ETF is more volatile: CZAR or TOK?

Over the past year, CZAR had a volatility of 10.12%, while TOK experienced 12.56%.

Which ETF is bigger: CZAR or TOK?

As of June 18, 2026, CZAR holds $1.55 M in assets under management (AUM), while TOK manages $248.25 M.

What sectors do the CZAR and TOK ETFs invest in?

CZAR leans toward sectors like Information Technology, Industrials and Financials. Meanwhile, TOK focuses on Information Technology, Financials and Industrials.

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

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

Which ETF is more diversified: CZAR or TOK?

CZAR holds 96 securities with 53.55% of its assets in the top 15. TOK has 1132 securities and a top 15 weight of 32.45%.

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